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Author Topic: The rocket is secretly taking off! High 3.26, 20k BTC to $3.50 (up from $3.35)  (Read 5645 times)
caston
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December 19, 2011, 01:30:37 PM
 #81

grrr yeah I got wiped out again... I think it is bitcoinica's forced liquidations creating extremes

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coin_toss
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December 19, 2011, 01:30:59 PM
 #82

and people said Christmas was going to be a quiet period for btc
Mushoz
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December 19, 2011, 01:32:16 PM
 #83

What's happening? A spam of <0.00 BTC trades, on both the ask and the bid side, making the ticker go up and down all the time really fast, without any actual trading volume.

www.bitbuy.nl - Koop eenvoudig, snel en goedkoop bitcoins bij Bitbuy!
ineededausername
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December 19, 2011, 01:37:26 PM
 #84

holy shit... buy of 20k will take us to 4.7
buy of 40k will take us to 6.6

This is the biggest buying opportunity I've ever seen.

(BFL)^2 < 0
NamelessOne
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December 19, 2011, 01:40:22 PM
 #85

Hopefully people will keep waking up in the America's and see that opportunity. hehe
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December 19, 2011, 01:40:45 PM
 #86

holy shit... buy of 20k will take us to 4.7
buy of 40k will take us to 6.6

This is the biggest buying opportunity I've ever seen.

Meh... there were better buying opportunities yesterday.

https://www.bitcoin.org/bitcoin.pdf
While no idea is perfect, some ideas are useful.
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Mushoz
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December 19, 2011, 01:41:28 PM
 #87

What's happening? A spam of <0.00 BTC trades, on both the ask and the bid side, making the ticker go up and down all the time really fast, without any actual trading volume.

Maybe there are trying to prevent as many legit trades coming through as possible, to dampen the effect of panic buying, because the price will be rising slower? That could prevent a major bubble. Still it's weird though.

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December 19, 2011, 01:43:21 PM
 #88

holy shit... buy of 20k will take us to 4.7
buy of 40k will take us to 6.6

This is the biggest buying opportunity I've ever seen.

Meh... there were better buying opportunities yesterday.

Hehe and people will be hopefully saying that same tomorrow after today's prices are no longer an option.  Grin
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December 19, 2011, 01:46:22 PM
 #89

Feels like April all over again... no ask depth and a ton of momentum.

(BFL)^2 < 0
jwzguy
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December 19, 2011, 01:47:07 PM
 #90

What's happening? A spam of <0.00 BTC trades, on both the ask and the bid side, making the ticker go up and down all the time really fast, without any actual trading volume.
I see plenty of trading volume.

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Mushoz
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December 19, 2011, 01:48:50 PM
 #91

What's happening? A spam of <0.00 BTC trades, on both the ask and the bid side, making the ticker go up and down all the time really fast, without any actual trading volume.
I see plenty of trading volume.

Yeah, sorry, I know. What I meant is that those <0.00 BTC trades aren't creating any volume, but Mtgox is being spammed by them for some reason, making the ticker show upticks and downticks one after another on Mtgoxlive. It's weird. Ofcourse there are still real trades coming through, but a lot less. Are they trying to overload Mtgox with those spam trades, to slow down real trades?

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December 19, 2011, 01:51:26 PM
 #92

I think the prevention of panic buying is a solid theory. I don't think they're achieving this by slowing down trades though, as mine are being registered almost instantly.
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December 19, 2011, 01:53:25 PM
 #93

Maybe then they are trying to do this by effectively flatlining graphs with loads of <0.00 BTC trades in a very narrow range.

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December 19, 2011, 01:54:11 PM
 #94

Feels like April all over again... no ask depth and a ton of momentum.

Oh, god, no.
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December 19, 2011, 01:55:59 PM
 #95

Feels like April all over again... no ask depth and a ton of momentum.

Oh, god, no.

Somebody sell some bitcoins... quick!

https://www.bitcoin.org/bitcoin.pdf
While no idea is perfect, some ideas are useful.
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jwzguy
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December 19, 2011, 01:56:28 PM
 #96

Feels like April all over again... no ask depth and a ton of momentum.

Oh, god, no.

So are you caught super short, or are you just a miserable person in general?

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NamelessOne
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December 19, 2011, 01:57:00 PM
 #97

Feels like April all over again... no ask depth and a ton of momentum.

With possible new all time highs. $50-$100 here we come.
Mushoz
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December 19, 2011, 01:57:58 PM
 #98

Feels like April all over again... no ask depth and a ton of momentum.

Oh, god, no.

So are you caught super short, or are you just a miserable person in general?

Or are you just misinterpreting him? I think he doesn't want the Bitcoin to go through yet another bubble. He doesn't mind it rising steadily but slowly.

www.bitbuy.nl - Koop eenvoudig, snel en goedkoop bitcoins bij Bitbuy!
somestranger
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December 19, 2011, 02:01:35 PM
 #99

Or are you just misinterpreting him? I think he doesn't want the Bitcoin to go through yet another bubble. He doesn't mind it rising steadily but slowly.
x2. Bitcoin experiencing another bubble like it did over summer would be devastating to adoption of BTC for trade.
jwzguy
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December 19, 2011, 02:02:12 PM
 #100

Feels like April all over again... no ask depth and a ton of momentum.

Oh, god, no.

So are you caught super short, or are you just a miserable person in general?

Or are you just misinterpreting him? I think he doesn't want the Bitcoin to go through yet another bubble. He doesn't mind it rising steadily but slowly.

I'm referring to pretty much every post he's made, not just this one. What a bunch of negative dreck.

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