polynesia
Legendary
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Activity: 1358
Merit: 1000
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June 20, 2014, 12:42:53 AM |
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"Governments are good at cutting off the heads of a centrally
controlled
networks like Napster, but pure P2P networks like Gnutella and Tor seem
to be holding their own." -- Satoshi
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nwfella
Legendary
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Activity: 1582
Merit: 1000
Well hello there!
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June 20, 2014, 04:29:40 AM |
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Somebody prepare a nice peppered side of crow for the good professor! I wonder if he's one of those in the closet coin hoarders? |
¯¯̿̿¯̿̿'̿̿̿̿̿̿̿'̿̿'̿̿̿̿̿'̿̿̿)͇̿̿)̿̿̿̿ '̿̿̿̿̿̿\̵͇̿̿\=(•̪̀●́)=o/̵͇̿̿/'̿̿ ̿ ̿̿
Gimme the crypto!!
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CEG5952
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June 20, 2014, 06:55:55 AM |
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I think as long we hold $550 or so, we'll keep the up trend alive. That's a very crucial level, and if we drop below that on volume, I think we're back to a bear market and possibly retesting that $340 low. Bitcoin is crazy like that.
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BitCoinDream
Legendary
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Activity: 2324
Merit: 1204
The revolution will be digital
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June 20, 2014, 11:40:21 AM |
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I think as long we hold $550 or so, we'll keep the up trend alive. That's a very crucial level, and if we drop below that on volume, I think we're back to a bear market and possibly retesting that $340 low. Bitcoin is crazy like that.
As long as the silk road coins are not sold ...this bounching will continue |
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newIndia
Legendary
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Activity: 2212
Merit: 1049
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June 22, 2014, 11:01:03 AM |
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Price is just over 600 USD now... as per http://winkdex.com |
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boumalo
Legendary
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Activity: 1904
Merit: 1018
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June 22, 2014, 11:50:25 AM |
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I think as long we hold $550 or so, we'll keep the up trend alive. That's a very crucial level, and if we drop below that on volume, I think we're back to a bear market and possibly retesting that $340 low. Bitcoin is crazy like that.
You explained where we are right now but this predicament will change at some point with all the positive news, the growing adoption and innovation around the protocole |
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KimNam
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June 22, 2014, 03:13:02 PM |
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I think as long we hold $550 or so, we'll keep the up trend alive. That's a very crucial level, and if we drop below that on volume, I think we're back to a bear market and possibly retesting that $340 low. Bitcoin is crazy like that.
As long as the silk road coins are not sold ...this bounching will continue and we will see heavy dumps after SR coins sold in the market? that's not good to buy bitcoin for now right  |
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marky89
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June 22, 2014, 05:43:08 PM |
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I think as long we hold $550 or so, we'll keep the up trend alive. That's a very crucial level, and if we drop below that on volume, I think we're back to a bear market and possibly retesting that $340 low. Bitcoin is crazy like that.
As long as the silk road coins are not sold ...this bounching will continue and we will see heavy dumps after SR coins sold in the market? that's not good to buy bitcoin for now right i don't know that they will be dumped. it's not even that many coins. and there could be a lot of pent-up demand for coins off-exchange (no slippage). |
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CEG5952
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June 22, 2014, 06:25:39 PM |
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I think as long we hold $550 or so, we'll keep the up trend alive. That's a very crucial level, and if we drop below that on volume, I think we're back to a bear market and possibly retesting that $340 low. Bitcoin is crazy like that.
As long as the silk road coins are not sold ...this bounching will continue and we will see heavy dumps after SR coins sold in the market? that's not good to buy bitcoin for now right i don't know that they will be dumped. it's not even that many coins. and there could be a lot of pent-up demand for coins off-exchange (no slippage). Compared to the ordinary inflating supply (from mining), it's really not that big of a deal, in terms of # of coins. And I agree -- there's a lot of investors that want in, but don't want to deal with the exchanges. I don't think those coins will be dumped. |
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BitCoinDream
Legendary
Offline
Activity: 2324
Merit: 1204
The revolution will be digital
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June 27, 2014, 10:15:50 PM |
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I think as long we hold $550 or so, we'll keep the up trend alive. That's a very crucial level, and if we drop below that on volume, I think we're back to a bear market and possibly retesting that $340 low. Bitcoin is crazy like that.
As long as the silk road coins are not sold ...this bounching will continue and we will see heavy dumps after SR coins sold in the market? that's not good to buy bitcoin for now right i don't know that they will be dumped. it's not even that many coins. and there could be a lot of pent-up demand for coins off-exchange (no slippage). Compared to the ordinary inflating supply ( from mining), it's really not that big of a deal, in terms of # of coins. And I agree -- there's a lot of investors that want in, but don't want to deal with the exchanges. I don't think those coins will be dumped. As I have seen in reports that almost 30,000 coins are going to be on auction. If we consider 1 block is mined per 10 minute on an average which now generate 25 coins, we get around 3600 coins mined per day. So it is almost a week's mining that'll be available in the market in a single day. Hence I think it is that big of a deal in terms of # of coins  |
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DannyElfman
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June 28, 2014, 04:13:09 AM |
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Everybody bullish yet? Good, we might be ready to drop again. |
This spot for rent.
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CEG5952
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June 28, 2014, 05:32:19 AM |
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Bearish divergences on 2hr RSI now. I think we pull back a bit -- how far we retrace will determine how bullish the picture looks. Not convinced of a bubble/moon situation yet. |
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forever21
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June 28, 2014, 09:39:06 AM |
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in that case we might get ready for the big surprise again next month as we are not sure if we're going to drop or go up in the next couple of weeks
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Tammy Chan
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June 29, 2014, 01:35:37 AM |
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Everybody bullish yet? Good, we might be ready to drop again. True lol.  "Be Fearful When Others Are Greedy and Greedy When Others Are Fearful" ― Warren Buffett |
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Mayuyu48
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June 29, 2014, 03:18:16 AM |
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why it's very hard to see bitcoin >$600 atm
reach $604 for a moment, and drop again below $600
was silk road seized bitcoin auction make negative sentiment?
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newIndia
Legendary
Offline
Activity: 2212
Merit: 1049
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June 29, 2014, 11:40:15 AM |
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why it's very hard to see bitcoin >$600 atm
reach $604 for a moment, and drop again below $600
was silk road seized bitcoin auction make negative sentiment?
absolutely... the market sentiment is the auction winner may dump all the coins in the market overnight to encash them ...which is bullshit. |
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MegaHustlr
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June 29, 2014, 03:31:34 PM |
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why it's very hard to see bitcoin >$600 atm
reach $604 for a moment, and drop again below $600
was silk road seized bitcoin auction make negative sentiment?
absolutely... the market sentiment is the auction winner may dump all the coins in the market overnight to encash them ...which is bullshit. Not necessarily, they may sell a bit and keep most but that would still crash the markets |
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FelixGr
Newbie
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Activity: 3
Merit: 0
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June 29, 2014, 04:38:58 PM |
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Do you even realize how pointless that sounds? Nobody would sell a small part of their bitcoins crashing market and losing most of the investment
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Nagato4
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June 30, 2014, 05:52:16 AM |
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why it's very hard to see bitcoin >$600 atm
reach $604 for a moment, and drop again below $600
was silk road seized bitcoin auction make negative sentiment?
absolutely... the market sentiment is the auction winner may dump all the coins in the market overnight to encash them ...which is bullshit. BTW, AFAIK, the winning price won't be announced publicly. Phase III: Award and Sale Close
On Monday, June 30, 2014, by 5:00 PM EDT, the USMS will notify the winning bidder/bidders that their bid/bids has/have been selected. Any winning bidder must send the purchase price funds (less the $200,000 deposit amount) by a wire transfer originating from a bank located within the United States and provide a wire transmittal receipt to the USMS by 5:00 PM EDT, Tuesday, July 01, 2014. It is the responsibility of the winning bidder to understand their bank’s deadline for initiating wire transfers in order to ensure that the domestic wire transfer is initiated and a wire transmittal receipt provided to the USMS by the deadline. Failure to provide the USMS with a copy of the wire transmittal receipt by the deadline will result in disqualification, forfeiture of the deposit, and award to another bidder.
Bitcoins will be transferred to winning bidders in the order that each winning bid was received. No bitcoin transfer will be made until the USMS has confirmed receipt of all purchase funds. The winning bidder(s) will be given private instructions related to the transferring of the bitcoins.
So, we may never know the auction price, or get lots of FUDs and misinformation. |
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