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Author Topic: Rally!!!!!  (Read 81254 times)
redbeans2012
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June 14, 2012, 12:37:11 PM
 #501

Since we started posting videos, I thought I would share one more Smiley
http://www.youtube.com/watch?v=8LQp7Or1GNU
It was recorded before 2005, guess what "new systems" he is talking about.

I love bashar, been listening for around 15 years
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The forum strives to allow free discussion of any ideas. All policies are built around this principle. This doesn't mean you can post garbage, though: posts should actually contain ideas, and these ideas should be argued reasonably.
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June 14, 2012, 04:18:30 PM
 #502


yeah, saw that one on zerohedge the other day...you know, I have had crisis fatigue for years now, but things rather seem to be coming to a head here

This is not some pseudoeconomic post-modern Libertarian cult, it's an un-led, crowd-sourced mega startup organized around mutual self-interest where problems, whether of the theoretical or purely practical variety, are treated as temporary and, ultimately, solvable.
Censorship of e-gold was easy. Censorship of Bitcoin will be… entertaining.
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June 15, 2012, 04:26:56 PM
 #503


yeah, saw that one on zerohedge the other day...you know, I have had crisis fatigue for years now, but things rather seem to be coming to a head here

"the titianic has hit the iceberg"... like this?


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June 15, 2012, 04:27:21 PM
 #504

Rally continues. $6 is broken, let's see how high it can go before the train starts to encounter real resistance.

Denarium closing sale discounts now up to 43%! Check out our products from here!
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June 15, 2012, 04:43:33 PM
 #505

Look at http://bitcoincharts.com/markets/mtgoxUSD_depth.html there's only any real depth between $6.88 and $7.

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June 15, 2012, 04:45:23 PM
 #506

Look at http://bitcoincharts.com/markets/mtgoxUSD_depth.html there's only any real depth between $6.88 and $7.

Which is exactly why it won't move up too much.  Buyers want volume close to their buy in price.  Slippage the enemy of the small cap investor.

https://www.bitcoin.org/bitcoin.pdf
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June 15, 2012, 04:45:46 PM
 #507

Look at http://bitcoincharts.com/markets/mtgoxUSD_depth.html there's only any real depth between $6.88 and $7.

I'm not sure how indicative the already-placed orders are regarding orders that will be placed on the way up. Only a fraction of people put orders that far away from the current price. It's more like they decide ad-hoc to "sell now" or whatever the decision is.

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June 15, 2012, 04:47:38 PM
 #508

Wait, I have a wage recollection of seeing somewhere the age of these orders.. is there such a site offering this stat?

EDIT: Loool I'm stupid, of course there is, it's what I'm looking at right now: http://btccharts.com/#m=mtgox-BTC-USD

If you move your mouse over either line you can see the age of orders.

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June 15, 2012, 04:48:47 PM
 #509

Wait, I have a wage recollection of seeing somewhere the age of these orders.. is there such a site offering this stat?

btccharts.com shows it when you hover over the walls.

https://www.bitcoin.org/bitcoin.pdf
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June 15, 2012, 04:50:00 PM
 #510

Ok the $7 order for 3,6k BTC is 2min old, meaning it will probably get moved once again..

3k BTC at $6.9 16hours, also probably will get moved

Actually most of them are fresh, and probably very dynamic.


BTW does mtgox still allow dark orders?

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June 15, 2012, 05:03:48 PM
 #511

BTW does mtgox still allow dark orders?
No. That feature was removed a long time ago. After the hack, pretty much.

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June 15, 2012, 05:06:20 PM
 #512

I thought as much, I just wasn't sure, ty.

EDIT: HOLLY SHIT BATMAN WALL just appeared at $5.7 of 40k BTC  Shocked

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June 15, 2012, 05:09:32 PM
 #513

I thought as much, I just wasn't sure, ty.

It's pretty easy to write your own "dark-pool" order bot though, and I wouldn't be surprised if large buyers/sellers were doing that.

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June 15, 2012, 05:09:45 PM
 #514

I thought as much, I just wasn't sure, ty.

EDIT: HOLLY SHIT BATMAN WALL just appeared at $5.7 of 40k BTC

holy motherfucking shit, y'all! that's really sumth'n.

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hazek
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June 15, 2012, 05:12:34 PM
 #515

I thought as much, I just wasn't sure, ty.

EDIT: HOLLY SHIT BATMAN WALL just appeared at $5.7 of 40k BTC

holy motherfucking shit, y'all! that's really sumth'n.

I can't tell if you are being sarcastic or not, but either way I think 40k BTC is something amazing to witness appear.

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June 15, 2012, 06:20:37 PM
 #516

And it's gone.


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June 15, 2012, 06:29:15 PM
 #517

I'm waiting in anticipation for whatever is going to happen  Tongue
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June 15, 2012, 06:55:15 PM
 #518

The economy isn't broken. It doesn't need "fixing". This is exactly its intended condition. Money isn't real. Interest and debt are not real. Our whole economy has been set up to steal.

An 'economy' isn't a thing-in-itself. For example, what dark forces are in control of the gold standard, a standard that's never ''fixed''? Well, the same old money lenders. Like the guy in the youtube vid Money Masters says, the Rothschilds. And the market cap of something like bitcoin being so low, it'll very easily have most of its capital in few hands, which begs the question, why not 51%. Over time, as these few hands lend money on interest, the money will be in fewer hands.
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June 15, 2012, 06:57:57 PM
 #519

I'm waiting in anticipation for whatever is going to happen  Tongue

popcorn on the house

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June 15, 2012, 06:59:06 PM
 #520

Poor Bitcoinica. Wink
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