NamelessOne
Legendary
Offline
Activity: 840
Merit: 1000
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April 08, 2013, 03:53:37 PM |
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Arrgg lag was down to below 2 minutes, but is back at 4.
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just1nmc
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April 08, 2013, 03:57:53 PM |
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This is actually going very well for 10+ minutes of lag at points.
Only a bit more than a 5% dip.
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phelix
Legendary
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Activity: 1708
Merit: 1019
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April 08, 2013, 03:58:02 PM |
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Another strong rally stopped cold thanks to the incompetence of the folks at Mt. Gox.
By now I wonder if the lag is on purpose. I can not imagine how the engine could be so slow by itself.
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only
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April 08, 2013, 04:00:14 PM |
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By now I wonder if the lag is on purpose. I can not imagine how the engine could be so slow by itself.
+1
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BitcoinTate
Full Member
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Activity: 224
Merit: 100
DigiByte Founder
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April 08, 2013, 04:01:08 PM |
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BTC China currently @ $214.24. We will break $200 sometime today or tomorrow morning at the latest.
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- aka The "DigiMan"
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DougTanner
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April 08, 2013, 04:01:56 PM |
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Well this is boring... either break $200 already or drop down to $150 for some nice volatility. (Yes Bitcoin exists solely to amuse me) Seems to be stabilizing around $185, my guess is that the rally resumes in 10-15 minutes:
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only
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April 08, 2013, 04:02:50 PM |
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Or to some double digits, perhaps?
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laughingbear
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April 08, 2013, 04:06:46 PM |
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and that.... is what we were being set up for
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DougTanner
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April 08, 2013, 04:07:47 PM |
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Seems to be stabilizing around $185, my guess is that the rally resumes in 10-15 minutes:
Ok, more like 2 minutes. Fucking lol, two 1000 BTC transactions within seconds of each other in opposite directions. These people need to talk to each other.
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chrsjrcj
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April 08, 2013, 04:07:53 PM |
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Bear: Someone bought 300 at $190, quick, I must sell 300 at $182!! They never learn.
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NamelessOne
Legendary
Offline
Activity: 840
Merit: 1000
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April 08, 2013, 04:08:15 PM |
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Wow, tantum of 1000 at 181.
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laughingbear
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April 08, 2013, 04:09:53 PM |
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It is becoming clear to me that Mtgox is being manipulated by some semi big players. I think its time for me to move exchanges.
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DougTanner
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April 08, 2013, 04:10:59 PM |
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Big sell wall @ $181 Thanks for making my lunch hour interesting
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humanitee
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April 08, 2013, 04:11:48 PM |
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Big sell wall @ $181 Most likely a bot. If it doesn't spark a sell it will disappear in 5 minutes.
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pokerman
Member
Offline
Activity: 64
Merit: 10
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April 08, 2013, 04:12:26 PM |
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The price has risen too fast, it has gone parabolic, this is due to overspeculation, some may attribute it to price realization however growth like this has *Never* been sustainable. I would have much prefered a steadier growth. Bitcoins current price is not in line with its utility value at this point in time, people are getting greedy looking for a get rich quick scheme. Bitcoin was not designed so we could all be millionaires, but designed as a decentralized currency where fees are an order of magnitude smaller than traditional payment methods as well as the inability for governments to devalue your money through hyperinflation. People have begun hoarding their bitcoins rather than spending them and without active commerce bitcoins intrinsic value is nothing. I can't tell for sure when the crash will happen, but I feel that we are nearing critical mass. It may reach $250-$300/BTC before it happens, however I feel it is inevitable. I for one have liquidated my holdings.
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humanitee
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April 08, 2013, 04:13:35 PM |
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The price has risen too fast, it has gone parabolic, this is due to overspeculation, some may attribute it to price realization however growth like this has *Never* been sustainable. I would have much prefered a steadier growth. Bitcoins current price is not in line with its utility value at this point in time, people are getting greedy looking for a get rich quick scheme. Bitcoin was not designed so we could all be millionaires, but designed as a decentralized currency where fees are an order of magnitude smaller than traditional payment methods as well as the inability for governments to devalue your money through hyperinflation. People have begun hoarding their bitcoins rather than spending them and without active commerce bitcoins intrinsic value is nothing. I can't tell for sure when the crash will happen, but I feel that we are nearing critical mass. It may reach $250-$300/BTC before it happens, however I feel it is inevitable. I for one have liquidated my holdings.
More people are interested in Bitcoin therefore crash. QED
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| | | Fast, Secure, and Fully
Decentralized Trading | BACKED BY: ─────────────────────────
| BINANCE ─────── LAB | & | █████████████████████████████████ █ ███ █▀ ▀█ ███▀▀▀▀▀████████ ████▀▀███▀ █ █ █████ ▄▄▄▄▄ █ ▀ █ ███ █ ██ █▄ ▀█ ██ █ ▄███ ██████ ███ █████ █ ██ ███ █ ████ ████ ▄ ███ █▄ ▄█▄ ▄█▄ ▀ ████▄ ▄█ ██ ██ ████████████████████████████████████████ |
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| Whitepaper Medium Reddit
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DougTanner
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April 08, 2013, 04:14:06 PM |
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The price has risen too fast, it has gone parabolic, this is due to overspeculation, some may attribute it to price realization however growth like this has *Never* been sustainable. I would have much prefered a steadier growth. Bitcoins current price is not in line with its utility value at this point in time, people are getting greedy looking for a get rich quick scheme. Bitcoin was not designed so we could all be millionaires, but designed as a decentralized currency where fees are an order of magnitude smaller than traditional payment methods as well as the inability for governments to devalue your money through hyperinflation. People have begun hoarding their bitcoins rather than spending them and without active commerce bitcoins intrinsic value is nothing. I can't tell for sure when the crash will happen, but I feel that we are nearing critical mass. It may reach $250-$300/BTC before it happens, however I feel it is inevitable. I for one have liquidated my holdings.
On a log chart, the current rise is actually linear. "Going parabolic" is exactly what you would expect at the current phase of adoption.
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NamelessOne
Legendary
Offline
Activity: 840
Merit: 1000
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April 08, 2013, 04:14:40 PM |
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Wow, tantum of 1000 at 181.
Tantrum wall destroyed!
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Nikolaj06
Member
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Activity: 116
Merit: 10
WINSTARS - We are changing the face of gambling
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April 08, 2013, 04:16:21 PM |
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Woah 180 bid wall was bought up..
Edit. Silly bears, selling 1 k BTC at 10$ lower than what they can get if they just used their heads..
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NamelessOne
Legendary
Offline
Activity: 840
Merit: 1000
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April 08, 2013, 04:17:12 PM |
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Wow, that tantrum continues.
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