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Author Topic: FUCK THIS  (Read 5493 times)
RyNinDaCleM
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Legen -wait for it- dary


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January 17, 2012, 10:54:15 PM
 #21

I'm pissed since I have had a buy order "in queue" for ten minutes already!  Angry Angry Angry

Edit: About 12 minutes to change to "active". Thanks Gox!!!  Roll Eyes

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simonk83
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January 17, 2012, 10:55:22 PM
 #22

Bitcoinica's a massive pain in the arse.  I'd much rather it didn't exist.
SlaveInDebt
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Your Minion


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January 17, 2012, 10:56:21 PM
 #23

And we are back  Cheesy
I love Bitcoin so much  Smiley

"A banker is a fellow who lends you his umbrella when the sun is shining, but wants it back the minute it begins to rain." - Mark Twain
piramida
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January 17, 2012, 10:56:27 PM
 #24


All the care in the world is not going to stop someone from flinging a huge sell or buy and send the
market in an instant $2.00 spike.

Yeah right but unless you play with borrowed money, you should be only grateful when that happens - it's just a good opportunity to buy or sell at the artificial level.

i am satoshi
StewartJ
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January 17, 2012, 10:56:31 PM
 #25

It's interesting to see where we are after the dust settles, which could take a while. There is going to be high volumes this week. Smiley

I guess we would quickly return to 6+, but with healthier situation now that the leveraged kamikazes are all cleared out.

*thumb_up*

+1
SkRRJyTC
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January 17, 2012, 10:56:36 PM
 #26

Lets all remember to be pissed of at MtGox for their terrible API/sockets too!
cypherdoc
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January 17, 2012, 10:58:00 PM
 #27

LOL!

$1.30 spread on Bitcoinica?
proudhon
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January 17, 2012, 10:58:46 PM
 #28

Lets all remember to be pissed of at MtGox for their terrible API/sockets too!

One is clearly more devious than the other.
Savior
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January 17, 2012, 10:59:15 PM
 #29

Lets all remember to be pissed of at MtGox for their terrible API/sockets too!

Yes!! I hate just having to guess the price, and not see the trade go thru for like 5 minutes, still made alot of bitcoin tonight thought, full in bitcoin now.
StewartJ
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January 17, 2012, 10:59:37 PM
 #30


All the care in the world is not going to stop someone from flinging a huge sell or buy and send the
market in an instant $2.00 spike.

Yeah right but unless you play with borrowed money, you should be only grateful when that happens - it's just a good opportunity to buy or sell at the artificial level.

Never borrow money, do it the old fashioned way here. Averse to margin and Bitcoinica style of trading.
tripper22
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January 17, 2012, 10:59:48 PM
 #31

The price action is fucking crazy!
arepo
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this statement is false


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January 17, 2012, 11:00:38 PM
 #32

I'm pissed since I have had a buy order "in queue" for ten minutes already!  Angry Angry Angry

Edit: About 12 minutes to change to "active". Thanks Gox!!!  Roll Eyes

+1,000,000

me too. mtgox is a ridiculously shitty service for the money they're taking from me

this sentence has fifteen words, seventy-four letters, four commas, one hyphen, and a period.
18N9md2G1oA89kdBuiyJFrtJShuL5iDWDz
dryden
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January 17, 2012, 11:00:47 PM
 #33

so... Zhou sold a gigantic stash of BTC on MtGox... in huge lumps. It was leveraged at 120,000 ASK-BTC, vs. 28,000 BID-BTC, for a couple hours.  Then I would see 128k, jump to 60k, and think "phew", and then in the next 30-sec reload it'd be back over 100k again, so someone or some program was literally just shovelling on another 30k, and cackling demonically, right?  Would it even make sense for Z to do this?  Financially?  Or are there old miners left hoarding their 400,000 BTC stashes?  Or was it a coordinated panic?  What d'you guys think?
teflone
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You're fat, because you dont have any pics on FB


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January 17, 2012, 11:02:19 PM
 #34

so... Zhou sold a gigantic stash of BTC on MtGox... in huge lumps. It was leveraged at 120,000 ASK-BTC, vs. 28,000 BID-BTC, for a couple hours.  Then I would see 128k, jump to 60k, and think "phew", and then in the next 30-sec reload it'd be back over 100k again, so someone or some program was literally just shovelling on another 30k, and cackling demonically, right?  Would it even make sense for Z to do this?  Financially?  Or are there old miners left hoarding their 400,000 BTC stashes?  Or was it a coordinated panic?  What d'you guys think?

How is tripping the liquidate levels for tons of people Bad for Zhou ? 

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StewartJ
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January 17, 2012, 11:02:26 PM
 #35

The price action is fucking crazy!

It's $5.50, then $6.19, then $5.05...spike city!
Serge
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January 17, 2012, 11:02:53 PM
 #36

so... Zhou sold a gigantic stash of BTC on MtGox... in huge lumps. It was leveraged at 120,000 ASK-BTC, vs. 28,000 BID-BTC, for a couple hours.  Then I would see 128k, jump to 60k, and think "phew", and then in the next 30-sec reload it'd be back over 100k again, so someone or some program was literally just shovelling on another 30k, and cackling demonically, right?  Would it even make sense for Z to do this?  Financially?  Or are there old miners left hoarding their 400,000 BTC stashes?  Or was it a coordinated panic?  What d'you guys think?

everything at once +heavy whale manipulator
piramida
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January 17, 2012, 11:03:30 PM
 #37

Or are there old miners left hoarding their 400,000 BTC stashes?  Or was it a coordinated panic?  What d'you guys think?

Looks like somebody did sell through 6.20 support and most recent longs at 1:10 ratio were started from around that level. So Z did what he needed to once the price broke 6.2 - sold all the poor soul's leveraged BTCs to cover losses, and that sparkled a chain reaction.

i am satoshi
tripper22
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January 17, 2012, 11:03:54 PM
 #38

so... Zhou sold a gigantic stash of BTC on MtGox... in huge lumps. It was leveraged at 120,000 ASK-BTC, vs. 28,000 BID-BTC, for a couple hours.  Then I would see 128k, jump to 60k, and think "phew", and then in the next 30-sec reload it'd be back over 100k again, so someone or some program was literally just shovelling on another 30k, and cackling demonically, right?  Would it even make sense for Z to do this?  Financially?  Or are there old miners left hoarding their 400,000 BTC stashes?  Or was it a coordinated panic?  What d'you guys think?

How will we ever know for sure? The one thing that is certain is that people are getting hurt and this makes bitcoin look bad (again).
teflone
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You're fat, because you dont have any pics on FB


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January 17, 2012, 11:06:10 PM
 #39

Everyone is in denial...


Zhoutounged!!!!!!!!!!!!!!!!

For Canadians by Canadians: Canada's Bitcoin Community - https://www.coinforum.ca/
proudhon
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January 17, 2012, 11:06:26 PM
 #40

so... Zhou sold a gigantic stash of BTC on MtGox... in huge lumps. It was leveraged at 120,000 ASK-BTC, vs. 28,000 BID-BTC, for a couple hours.  Then I would see 128k, jump to 60k, and think "phew", and then in the next 30-sec reload it'd be back over 100k again, so someone or some program was literally just shovelling on another 30k, and cackling demonically, right?  Would it even make sense for Z to do this?  Financially?  Or are there old miners left hoarding their 400,000 BTC stashes?  Or was it a coordinated panic?  What d'you guys think?

How will we ever know for sure? The one thing that is certain is that people are getting hurt and this makes bitcoin look bad (again).

And here we are back to the criticism I've been leveling since June 2011.
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