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myself
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January 25, 2012, 05:13:23 PM
Last edit: September 09, 2012, 10:53:48 PM by myself |
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teflone
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January 25, 2012, 05:17:22 PM |
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no this dip is so that everyone can jump on the Bitcoinica long train at 5.75, then stagnate with * till another player dumps, then we go lower and repeat.
This is ridiculous now..
This lemming run to the cliffs has to stop...
We are all being stopped at the cliffs edge by a thin layer of saran wrap, all it takes is one fat lemming to break it.. then we go down..
And at the starfish side, the open plains of green, the great wall of Zhou.
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Timbo925
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January 25, 2012, 05:25:57 PM |
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All I now is i'm glad I went short @ 6.30. Now just hoping to buy back in again at the right time.  |
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RandyMarsh
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January 25, 2012, 05:32:32 PM |
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All I now is i'm glad I went short @ 6.30. Now just hoping to buy back in again at the right time. went short @ 6.25 a couple of days ago, been waiting for this, didnt we already learn that with the starfish perpetually on the buy at bitcoinica the price wont rise? |
Stan?! STAN?!?!
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Dutch Merganser
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Activity: 84
Merit: 10
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January 25, 2012, 05:32:45 PM |
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My long position? Like a baby's arm holding an apple. Good thing there's no money involved in that  |
"Science flies you to the Moon, religion flies you into buildings."
- Victor Stenger
"Religion is regarded by the common people as true, by the wise as false, and the rulers as useful."
- Seneca the Elder (ca. 54 BCE - ca. 39 CE) Roman rhetorician
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Serge
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Activity: 1050
Merit: 1000
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January 25, 2012, 05:40:01 PM |
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damn, my target bid was a tiny bit off below lowest it got so far, maybe few more rounds of panic dumpers will fill me in =)
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proudhon
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Activity: 2198
Merit: 1311
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January 25, 2012, 06:10:27 PM |
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The starfish is the best indicator yet. |
Bitcoin Fact: the price of bitcoin will not be greater than $70k for more than 25 consecutive days at any point in the rest of recorded human history.
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vokain
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Activity: 1834
Merit: 1019
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January 25, 2012, 06:11:33 PM |
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Hopefully we can wait a couple weeks/months til the market corrects over that :p
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teflone
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January 25, 2012, 06:18:41 PM |
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The starfish is the best indicator yet. This is too much!, clear sign, with bright lights.. And then we bend over.. |
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StewartJ
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January 25, 2012, 06:20:38 PM |
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no this dip is so that everyone can jump on the Bitcoinica long train at 5.75, then stagnate with * till another player dumps, then we go lower and repeat.
This is ridiculous now..
This lemming run to the cliffs has to stop...
We are all being stopped at the cliffs edge by a thin layer of saran wrap, all it takes is one fat lemming to break it.. then we go down..
And at the starfish side, the open plains of green, the great wall of Zhou.
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proudhon
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Activity: 2198
Merit: 1311
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January 25, 2012, 06:27:01 PM |
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The depth chart at bitcoincharts hasn't updated in days. What's up with that?
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Bitcoin Fact: the price of bitcoin will not be greater than $70k for more than 25 consecutive days at any point in the rest of recorded human history.
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ineededausername
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January 25, 2012, 06:29:22 PM |
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I suggest that everyone short... don't be an idiot and work against the Manipulator and the starfish, because you will get burned  |
(BFL)^2 < 0
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Qoheleth
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Spurn wild goose chases. Seek that which endures.
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January 25, 2012, 06:30:09 PM |
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The depth chart at bitcoincharts hasn't updated in days. What's up with that?
No clue. Mt Gox API (at least, the pulled JSON version) is returning the right numbers. (The current movement makes me a little glad that my Dwolla deposit has taken so long to clear. Would've been a shame to buy during the doldrums and then have to eat this drop.) |
If there is something that will make Bitcoin succeed, it is growth of utility - greater quantity and variety of goods and services offered for BTC. If there is something that will make Bitcoin fail, it is the prevalence of users convinced that BTC is a magic box that will turn them into millionaires, and of the con-artists who have followed them here to devour them.
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Sargasm
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Merit: 10
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January 25, 2012, 06:33:26 PM |
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I don't care what people say, poor liquidity is awesome in a bear market. Too rich for someone's blood, I make a bunch betting on retracements.
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wobber
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January 25, 2012, 06:34:43 PM |
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So you think retracement means the 5.1 that S is talking about?
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If you hate me, you can spam me here: 19wdQNKjnATkgXvpzmSrkSYhJtuJWb8mKs
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Eveofwar
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January 25, 2012, 06:45:39 PM |
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i hope all that buys are on leverage Must have been: ▼*5.81773 Good 'ol star. |
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teflone
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January 25, 2012, 06:45:52 PM |
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i hope all that buys are on leverage * at 5.82 if the buy stop then we are going down even more The star is still up.. lemmings.. |
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Qoheleth
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Activity: 960
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Spurn wild goose chases. Seek that which endures.
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January 25, 2012, 06:51:30 PM |
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For someone on the default leverage, how low would the price have to go for a buy-in at 6.3 to get force-liquidated?
Just, y'know. Theoretically.
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If there is something that will make Bitcoin succeed, it is growth of utility - greater quantity and variety of goods and services offered for BTC. If there is something that will make Bitcoin fail, it is the prevalence of users convinced that BTC is a magic box that will turn them into millionaires, and of the con-artists who have followed them here to devour them.
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sgbett
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January 25, 2012, 06:53:54 PM |
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If your margin balance is made from bitcoin then about 50%.
If your margin balance is made from dollars you should be good till about 25 cents. (4% maintenance)
I think.
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"A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution" - Satoshi Nakamoto*my posts are not investment advice*
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proudhon
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Activity: 2198
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January 25, 2012, 06:54:04 PM |
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I suggest that everyone short...
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Bitcoin Fact: the price of bitcoin will not be greater than $70k for more than 25 consecutive days at any point in the rest of recorded human history.
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