proudhon
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Activity: 2198
Merit: 1311
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March 02, 2012, 02:02:45 AM |
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Major hacks today.. bitcoinica and Slush.. hosting provided by Linode have a security hole to patch somewhere.. This can only mean one thing...... We's going down  2012 is the new 2011. $7.20 is the new $32.00. |
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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adamstgBit
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Activity: 1904
Merit: 1037
Trusted Bitcoiner
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March 02, 2012, 02:06:13 AM |
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Major hacks today.. bitcoinica and Slush.. hosting provided by Linode have a security hole to patch somewhere.. This can only mean one thing...... We's going down maybe one of their employes is the "security hole"?  |
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teflone
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March 02, 2012, 02:08:53 AM |
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Major hacks today.. bitcoinica and Slush.. hosting provided by Linode have a security hole to patch somewhere.. This can only mean one thing...... We's going down 2012 is the new 2011. $7.20 is the new $32.00. Agreed... Such a shame... there goes all we worked for.. Who and what the fuck is Linode.. they obviously SUCK!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! |
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bitcoinBull
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Activity: 826
Merit: 1001
rippleFanatic
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March 02, 2012, 02:33:08 AM
Last edit: March 02, 2012, 03:12:48 AM by bitcoinBull |
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Major hacks today.. bitcoinica and Slush.. hosting provided by Linode have a security hole to patch somewhere.. This can only mean one thing...... We's going down 2012 is the new 2011. $7.20 is the new $32.00. People operating bitcoin services are learning to be more careful with their hot wallets. Both services are covering the losses, which is good news since it means they are obviously profitable. That fact will generate more interest in bitcoin services. It hasn't hit slashdot (yet), but this story has been at the top of Ycombinator all afternoon (a vulnerability in Linode is a huge deal - they are probably the third largest VPS host, after Amazon EC2 and Rackspace). Its an unfortunate incident, but its not bad press for bitcoin by a long shot (it is for Linode though). You were "optimistic" just 5 days ago. $7.2 in 2012 is nothing like $32 in 2011. $32 was touched for a single day. But the market was brushing against $7.2 for almost two weeks. There's nothing to indicate that interest in bitcoin is waning, but much to the opposite. |
College of Bucking Bulls Knowledge
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N12
Donator
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Activity: 1610
Merit: 1010
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March 02, 2012, 03:01:21 AM |
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proudhon is ruled by the short position he took which still shows him a loss. I wouldn’t listen to anyone who lets his position control him, not the other way round.
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waveaddict (OP)
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March 02, 2012, 04:45:27 AM |
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remember the buy/cover target I set forth subscribers
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Eveofwar
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March 02, 2012, 04:56:41 AM |
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remember the buy/cover target I set forth subscribers
Hopefully you take multi-thousand BTC hacking dumps into account for market analysis =] |
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waveaddict (OP)
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March 02, 2012, 05:04:38 AM |
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And it just so happened that a near perfect triangle formed during the last few days pointing towards a 'big' move right before a hack. trust in the charts here guys  -waveaddict remember the buy/cover target I set forth subscribers
Hopefully you take multi-thousand BTC hacking dumps into account for market analysis =] |
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beardman
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Activity: 45
Merit: 0
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March 02, 2012, 05:07:37 AM |
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And it just so happened that a near perfect triangle formed during the last few days pointing towards a 'big' move right before a hack. trust in the charts here guys -waveaddict remember the buy/cover target I set forth subscribers
Hopefully you take multi-thousand BTC hacking dumps into account for market analysis =] And when you said it would go down/up x cents from a certain point, should we act on those when it happens, or should we wait? |
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naima53
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March 02, 2012, 05:12:58 AM |
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Major hacks today.. bitcoinica and Slush.. hosting provided by Linode have a security hole to patch somewhere.. This can only mean one thing...... We's going down 2012 is the new 2011. $7.20 is the new $32.00. similar to it?  https://bitcointalk.org/index.php?topic=58702.0 |
Donate me) 16f6iWHHkVEnDReeBQPT9GwCNwUfPTXrp2
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waveaddict (OP)
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March 02, 2012, 05:13:36 AM |
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The name of the game is buying when others are fearful. Everything that I said in the email still holds. And it just so happened that a near perfect triangle formed during the last few days pointing towards a 'big' move right before a hack. trust in the charts here guys -waveaddict remember the buy/cover target I set forth subscribers
Hopefully you take multi-thousand BTC hacking dumps into account for market analysis =] And when you said it would go down/up x cents from a certain point, should we act on those when it happens, or should we wait? |
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waveaddict (OP)
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March 02, 2012, 05:22:16 AM |
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something similar to 'orange' in chart (60) from a few days back is now our primary count subscribers. I will come out tomorrow with more details.
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bitcoinBull
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Activity: 826
Merit: 1001
rippleFanatic
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March 02, 2012, 05:25:02 AM |
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remember the buy/cover target I set forth subscribers
Hopefully you take multi-thousand BTC hacking dumps into account for market analysis =] Hah. Here I was waiting for a mundane market movement, and then Linode is compromised for the bitcoin. |
College of Bucking Bulls Knowledge
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Hunterbunter
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March 02, 2012, 05:30:13 AM |
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And it just so happened that a near perfect triangle formed during the last few days pointing towards a 'big' move right before a hack. trust in the charts here guys But how can one possibly act that quickly? I mean...it broke 4.8 with a weird sell...then about 10 seconds later it was down to 4.6. How does one really get a position in that time? |
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adamstgBit
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Activity: 1904
Merit: 1037
Trusted Bitcoiner
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March 02, 2012, 05:33:12 AM |
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And it just so happened that a near perfect triangle formed during the last few days pointing towards a 'big' move right before a hack. trust in the charts here guys But how can one possibly act that quickly? I mean...it broke 4.8 with a weird sell...then about 10 seconds later it was down to 4.6. How does one really get a position in that time? by placing an order, and waiting? |
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Hunterbunter
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March 02, 2012, 05:46:24 AM |
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And it just so happened that a near perfect triangle formed during the last few days pointing towards a 'big' move right before a hack. trust in the charts here guys But how can one possibly act that quickly? I mean...it broke 4.8 with a weird sell...then about 10 seconds later it was down to 4.6. How does one really get a position in that time? by placing an order, and waiting? on the downward slope, to go down (in this case)? |
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waveaddict (OP)
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March 02, 2012, 05:48:54 AM |
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in situations like this where seconds make the difference, if you were not watching a certain moving average like I stressed in the email and ready with your finger prepared to short once another target was met, the next best step was to buy at the target where I said this knife down would stop at And it just so happened that a near perfect triangle formed during the last few days pointing towards a 'big' move right before a hack. trust in the charts here guys But how can one possibly act that quickly? I mean...it broke 4.8 with a weird sell...then about 10 seconds later it was down to 4.6. How does one really get a position in that time? |
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notme
Legendary
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Activity: 1904
Merit: 1002
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March 02, 2012, 05:50:54 AM |
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And it just so happened that a near perfect triangle formed during the last few days pointing towards a 'big' move right before a hack. trust in the charts here guys But how can one possibly act that quickly? I mean...it broke 4.8 with a weird sell...then about 10 seconds later it was down to 4.6. How does one really get a position in that time? by placing an order, and waiting? on the downward slope, to go down (in this case)? |
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Hunterbunter
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March 02, 2012, 06:04:04 AM |
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I suspected they might have something to do with it. So they're used kind of like a reverse stop loss? |
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waveaddict (OP)
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March 02, 2012, 06:39:27 AM |
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Ok subscribers, I just sent a late/early email for anyone still awake.
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