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Author Topic: Gold collapsing. Bitcoin UP.  (Read 2022643 times)
Dalmar
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October 09, 2014, 09:48:20 AM
 #13621

listen to David Seaman's despair and anger.  this is called Capitulation.  sad, but this is no market for the naive and weak minded:

http://davidseaman.libsyn.com/bitcoin-crash-analysis

I lol'ed when he started comparing bitcoin to Obama.

Nice capitulation moment.  Cheesy

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kodtycoon
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October 09, 2014, 09:56:46 AM
 #13622

listen to David Seaman's despair and anger.  this is called Capitulation.  sad, but this is no market for the naive and weak minded:

http://davidseaman.libsyn.com/bitcoin-crash-analysis

WTF, this guy's been on TV doing interviews about Bitcoin in the past, and now he thinks it's finished because of a moderate (in the grand scheme of things) short-term drop in price.

Yup. Bitcoin up 21% since he recorded that aka capitulated.

 Most ppl investing in cryptocurrencies are going to lose money-cypherdoc

David is no exception.

have you ever seen any statistics on this? id be interested to read it if you have..
cypherdoc
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October 09, 2014, 10:10:56 AM
 #13623

listen to David Seaman's despair and anger.  this is called Capitulation.  sad, but this is no market for the naive and weak minded:

http://davidseaman.libsyn.com/bitcoin-crash-analysis

WTF, this guy's been on TV doing interviews about Bitcoin in the past, and now he thinks it's finished because of a moderate (in the grand scheme of things) short-term drop in price.

Yup. Bitcoin up 21% since he recorded that aka capitulated.

 Most ppl investing in cryptocurrencies are going to lose money-cypherdoc

David is no exception.

have you ever seen any statistics on this? id be interested to read it if you have..

Nah, it's just a catch phrase from my stock trading experience.

It's true though. People are just stupid. They get chopped up, chewed up, and spit out like a piece of meat.

You know, kinda like how you had to ask. 
kodtycoon
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October 09, 2014, 10:20:23 AM
 #13624

listen to David Seaman's despair and anger.  this is called Capitulation.  sad, but this is no market for the naive and weak minded:

http://davidseaman.libsyn.com/bitcoin-crash-analysis

WTF, this guy's been on TV doing interviews about Bitcoin in the past, and now he thinks it's finished because of a moderate (in the grand scheme of things) short-term drop in price.

Yup. Bitcoin up 21% since he recorded that aka capitulated.

 Most ppl investing in cryptocurrencies are going to lose money-cypherdoc

David is no exception.

have you ever seen any statistics on this? id be interested to read it if you have..

Nah, it's just a catch phrase from my stock trading experience.

It's true though. People are just stupid. They get chopped up, chewed up, and spit out like a piece of meat.

You know, kinda like how you had to ask. 

what you mean? you think cos i asked that i fit into the category you mentioned above? lol
dEBRUYNE
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October 09, 2014, 11:58:23 AM
 #13625

I told you, no mo selling pressure.

Pantera Capital is out.

Looks pretty obvious, only 2k coins to 400 now. When we were @ 385 in the downtrend there were about 5k coins to 4000.

Privacy matters, use Monero - A true untraceable cryptocurrency
Why Monero matters? http://weuse.cash/2016/03/05/bitcoiners-hedge-your-position/
600watt
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October 09, 2014, 12:12:27 PM
 #13626

go bullstamp, go !   Cheesy
zeetubes
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October 09, 2014, 12:58:48 PM
 #13627


Yes, an amazing performance. He rocked it! Very bull.  Grin

Agreed. I thought I would watch the first 10 minutes or so but I ended up watching the whole thing. I wonder if Ben Lawsky will also watch it and what his reaction will be.
cypherdoc
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October 09, 2014, 01:45:56 PM
 #13628


Yes, an amazing performance. He rocked it! Very bull.  Grin

Agreed. I thought I would watch the first 10 minutes or so but I ended up watching the whole thing. I wonder if Ben Lawsky will also watch it and what his reaction will be.

Meet him at the border with a Swat team and a bunch of reporters.
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October 09, 2014, 02:01:16 PM
 #13629

And Wall Street had the audacity to call Bitcoin volatile?

Jeez, - 272, +272, -102. Up down up down. 
STT
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October 09, 2014, 02:20:33 PM
 #13630

Ironic but lack of volatility can count for inacurracy.  If say a price rises for every day over many months, the chance of it being inaccurate is greater I think.  Where as constant shift between buyers and sellers shows an active marketplace I think.  Bitcoin has declined before, price alone does not show health

Value durability counts for alot in the context of this :



Some countries are growing and it may not apply but dollar is a national currency used globally, if that trend were to reverse at all then its a far harsher swing possible then shown here
If bitcoin does have durability at all then its longterm value is more assured ?

nanobrain
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October 09, 2014, 02:26:32 PM
 #13631

Wow, just some incredible posts the last few pages; I'm seriously wondering if I've taken a wrong turn with crypto.  Some of this conspiracy stuff about "the manipulator" is just plain ludicrous, I'm going to stop myself because I don't won't get into either a discussion/argument nor offend anyone.

I seriously believe a lot of you need to take a break from monitors and charts and analysis; take a walk in the woods, dance, talk to people face to face, visit another country.  Find some balance.

nothing to see here
btcney
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October 09, 2014, 02:37:41 PM
 #13632

Wow, just some incredible posts the last few pages; I'm seriously wondering if I've taken a wrong turn with crypto.  Some of this conspiracy stuff about "the manipulator" is just plain ludicrous, I'm going to stop myself because I don't won't get into either a discussion/argument nor offend anyone.

I seriously believe a lot of you need to take a break from monitors and charts and analysis; take a walk in the woods, dance, talk to people face to face, visit another country.  Find some balance.
But I'd miss out on profits if I leave my house.


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cypherdoc
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October 09, 2014, 02:38:23 PM
 #13633

Wow, just some incredible posts the last few pages; I'm seriously wondering if I've taken a wrong turn with crypto.  Some of this conspiracy stuff about "the manipulator" is just plain ludicrous, I'm going to stop myself because I don't won't get into either a discussion/argument nor offend anyone.

I seriously believe a lot of you need to take a break from monitors and charts and analysis; take a walk in the woods, dance, talk to people face to face, visit another country.  Find some balance.

sure, it all could be just normal volatility.  we'll never know for sure.

but even if you disagree with the message or the messenger, what excuse to you give for slamming "crypto" in general?
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October 09, 2014, 03:11:06 PM
 #13634

Can someone help me understand at what point we should expect to see a cascading short squeeze? It hasn't happened yet right? Most of the short positions on BFX are still open right?

I'm looking for many markers one is the cost of production going higher than price.

Thank me in Bits 12MwnzxtprG2mHm3rKdgi7NmJKCypsMMQw
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October 09, 2014, 03:25:05 PM
 #13635

Wow, just some incredible posts the last few pages; I'm seriously wondering if I've taken a wrong turn with crypto.  Some of this conspiracy stuff about "the manipulator" is just plain ludicrous, I'm going to stop myself because I don't won't get into either a discussion/argument nor offend anyone.

I seriously believe a lot of you need to take a break from monitors and charts and analysis; take a walk in the woods, dance, talk to people face to face, visit another country.  Find some balance.

In fact you want us to stop thinking and do as we are told. You and who else I wonder?

Don't reply to this. I've had you on ignore since day one and only saw this post because it was quoted.
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October 09, 2014, 03:59:11 PM
 #13636

Dow -225



 Smiley
cypherdoc
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October 09, 2014, 04:04:18 PM
 #13637

the sweet smell of deflation:

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October 09, 2014, 04:06:39 PM
 #13638

Dow -225



 Smiley

I wonder if its really happening... big swings usually result in big moves up or down... get out your grid bots

★☆★Syscoin - Decentralized Marketplace and Multisig Platform
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cypherdoc
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October 09, 2014, 04:09:29 PM
 #13639

BFX shorts at ALL TIME HIGH.  SQUEEZE THE SHIT OUT OF THEM:

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October 09, 2014, 04:13:48 PM
 #13640

Wow, just some incredible posts the last few pages; I'm seriously wondering if I've taken a wrong turn with crypto.  Some of this conspiracy stuff about "the manipulator" is just plain ludicrous, I'm going to stop myself because I don't won't get into either a discussion/argument nor offend anyone.

I seriously believe a lot of you need to take a break from monitors and charts and analysis; take a walk in the woods, dance, talk to people face to face, visit another country.  Find some balance.

I literally WAS taking a walk in the woods for the last few days, and so missed out on this buying opportunity.  Not that that matters much.  

But you need to consider the difference between true tin-foil hatters, who actually believe unsubstantiated theories, and cypherdoc's posting which is not so interesting because it MIGHT be true, but is interesting because it COULD be true.  In other words, he has identified how a trader could get an edge in the current btc ecosystem.

Also, one thing that he didn't mention: it is unlikely that a major investor in an exchange would actually need to transfer the money before using it.  The investor would just call up the exchange and say credit my account $10M, the $ is coming.  Its up to the exchange's discretion to essentially offer a swing loan to anybody it wants.  And this is basically a no-brainer in the case of an investor since the loan can be presumably backed by the round of funding from the investor that is sitting in the exchange's bank account.


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