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DougTanner
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April 09, 2013, 08:51:28 PM |
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Price reached 289.99$... on Virtex Canada  That's simply crazy... I sold some there at $284 after buying them at $224 on Bitstamp. It's nice having assets on multiple exchanges. Speaking of exchanges, I need some advice. I'm looking to expand my bot to a new exchange soon and I'm wondering what your opinions are of the security/trustworthiness of the exchanges is? (i.e. change of getting hacked, change of running off with all the funds?). I have my eye on Bitcoin-24 because of the high EUR volume, but I don't like that there's no trade fee, very sketchy. |
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eric345
Newbie
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Activity: 39
Merit: 0
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April 09, 2013, 08:54:41 PM |
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With this pace, we reach 500 next week.
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wonkytonky
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April 09, 2013, 08:56:08 PM |
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Price reached 289.99$... on Virtex Canada That's simply crazy... I sold some there at $284 after buying them at $224 on Bitstamp. It's nice having assets on multiple exchanges. Speaking of exchanges, I need some advice. I'm looking to expand my bot to a new exchange soon and I'm wondering what your opinions are of the security/trustworthiness of the exchanges is? (i.e. change of getting hacked, change of running off with all the funds?). I have my eye on Bitcoin-24 because of the high EUR volume, but I don't like that there's no trade fee, very sketchy. btc 24 is legit.. beein using it since a year now.. not that i want bots on it though  |
Whatever. And no you haven’t been in bitcoin since 2010. Plus if you really feel the way you do. Then sell. Have conviction. If not keep pounding sand.
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keewee
Legendary
Offline
Activity: 1025
Merit: 1000
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April 09, 2013, 09:01:37 PM |
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That's why it's called delusion.
You are way off, Bitcoin can't be compared to some random stock. It's a New Paradigm!!! Ah. Currently 2% down. Doubt that means much. Probably some sort of glitch. I'm buying this dip on the expectation that things should be back to normal very soon. It did indeed go back to normal, but now appears to have dropped again - further - to 235. I must admit to being a bit scared. A 2% drop isn't considered a dip around here. You might start to feel a little nervous after a 10-20% drop, but even then it has typically recovered within a day or two, sometimes within a few hours |
1keewee2vRp63UWvPBynT55ZYw6SUCKDB
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mccorvic
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April 09, 2013, 09:04:19 PM |
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That's why it's called delusion.
You are way off, Bitcoin can't be compared to some random stock. It's a New Paradigm!!! Ah. Currently 2% down. Doubt that means much. Probably some sort of glitch. I'm buying this dip on the expectation that things should be back to normal very soon. It did indeed go back to normal, but now appears to have dropped again - further - to 235. I must admit to being a bit scared. A 2% drop isn't considered a dip around here. You might start to feel a little nervous after a 10-20% drop, but even then it has typically recovered within a day or two, sometimes within a few hours I was going to say the same thing, but then assumed he must be joking. We've become so desensitized around here that a 10% drop after a rally is something to yawn about  |
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samson
Legendary
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Activity: 2097
Merit: 1068
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April 09, 2013, 09:08:05 PM |
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You are way off, Bitcoin can't be compared to some random stock. It's a New Paradigm!!!
I agree entirely, why only today the guy cleaning my shoes was talking about his Bitcoin investment going up in value. |
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ElectricMucus
Legendary
Offline
Activity: 1666
Merit: 1057
Marketing manager - GO MP
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April 09, 2013, 09:10:53 PM |
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OK, giving you the benefit of the doubt. With Pirate, the maths didn't work. With Bitcoin they do. Nobody is suggesting exponential growth ad infinitum. Just a sharp rise, then a more civilised one as Bitcoin reaches out to a percentage of its actual potential (again, like the adoption of television, radio, the internet itself, none of which is a bubble).
Right now, the growth is as it should be if you think of Bitcoin as a technology with the potential for a market cap of somewhere in the region of a few hundred billion to a trillion or so USD. Given Bitcoin's advantages, and the current state of fiat and governments around the world, this could or not be a reasonable assessment. But it isn't necessarily wrong.
With Pirate, it was.
Actually there is math involved here too, it is just much more complicated. I really wish I did understand it better, I could make a bunch of money with that knowledge. |
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bassclef
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April 09, 2013, 09:13:58 PM |
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You are way off, Bitcoin can't be compared to some random stock. It's a New Paradigm!!!
I agree entirely, why only today the guy cleaning my shoes was talking about his Bitcoin investment going up in value. I overheard a random guy in the grocery store talking about bitcoin yesterday, also the cashier at my CVS asked me what the hell all these new Moneygram orders to ZipZap were for |
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Zomdifros
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April 09, 2013, 09:15:37 PM |
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Most Online Today: 5690. Most Online Ever: 5690 (Today at 09:53:48 PM)
This is why everything is so slow.
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mccorvic
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April 09, 2013, 09:18:31 PM |
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You are way off, Bitcoin can't be compared to some random stock. It's a New Paradigm!!!
I agree entirely, why only today the guy cleaning my shoes was talking about his Bitcoin investment going up in value. I overheard a random guy in the grocery store talking about bitcoin yesterday, also the cashier at my CVS asked me what the hell all these new Moneygram orders to ZipZap were for That's so dope! And man, I thought were were going to settle down for a few hours but nooooooooooooo some jerg off had to go jump start the whole thing again and buy 1000 BTC  |
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bassclef
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April 09, 2013, 09:23:25 PM |
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Nice pennant forming too. Maybe we'll break out toward 250 later tonight.
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mccorvic
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April 09, 2013, 09:27:58 PM |
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The bid depth chart on blockchained look borked. It's topped out at 16mil. Anyone have another source?
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Richy_T
Legendary
Offline
Activity: 2422
Merit: 2113
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
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April 09, 2013, 09:28:08 PM |
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A 2% drop isn't considered a dip around here. You might start to feel a little nervous after a 10-20% drop, but even then it has typically recovered within a day or two, sometimes within a few hours
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1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
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BitcoinTate
Full Member
Offline
Activity: 224
Merit: 100
DigiByte Founder
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April 09, 2013, 09:30:28 PM |
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You are way off, Bitcoin can't be compared to some random stock. It's a New Paradigm!!!
I agree entirely, why only today the guy cleaning my shoes was talking about his Bitcoin investment going up in value. I overheard a random guy in the grocery store talking about bitcoin yesterday, also the cashier at my CVS asked me what the hell all these new Moneygram orders to ZipZap were for lol! For the last 2 months I have been making cash deposits at Wal-Mart almost every other day. I know the whole staff on a first name basis. They think I am planning a trip to Sweden! lol! |
- aka The "DigiMan"
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mccorvic
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April 09, 2013, 09:35:10 PM |
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You are way off, Bitcoin can't be compared to some random stock. It's a New Paradigm!!!
I agree entirely, why only today the guy cleaning my shoes was talking about his Bitcoin investment going up in value. I overheard a random guy in the grocery store talking about bitcoin yesterday, also the cashier at my CVS asked me what the hell all these new Moneygram orders to ZipZap were for lol! For the last 2 months I have been making cash deposits at Wal-Mart almost every other day. I know the whole staff on a first name basis. They think I am planning a trip to Sweden! lol! That seems like a highly inefficient way to plan a trip |
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BitcoinTate
Full Member
Offline
Activity: 224
Merit: 100
DigiByte Founder
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April 09, 2013, 09:41:56 PM |
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You are way off, Bitcoin can't be compared to some random stock. It's a New Paradigm!!!
I agree entirely, why only today the guy cleaning my shoes was talking about his Bitcoin investment going up in value. I overheard a random guy in the grocery store talking about bitcoin yesterday, also the cashier at my CVS asked me what the hell all these new Moneygram orders to ZipZap were for lol! For the last 2 months I have been making cash deposits at Wal-Mart almost every other day. I know the whole staff on a first name basis. They think I am planning a trip to Sweden! lol! That seems like a highly inefficient way to plan a trip lol! I mean not to bash on wal-mart employees...but well yeah. The first time I went in I told the guy I was exchanging USD for Bitcoin. He said "what's Bitcoin"? I did my best to explain it... but he looked at me like I was an idiot and asked "Why would you do that?" So with out missing a beat I replied "I'm planning a trip to Sweden to drink beer with a bunch of beautiful Nordic babes and that's the currency they accept there." And thus my Moneygram cover story was born. lol! |
- aka The "DigiMan"
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mccorvic
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April 09, 2013, 09:46:20 PM |
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You are way off, Bitcoin can't be compared to some random stock. It's a New Paradigm!!!
I agree entirely, why only today the guy cleaning my shoes was talking about his Bitcoin investment going up in value. I overheard a random guy in the grocery store talking about bitcoin yesterday, also the cashier at my CVS asked me what the hell all these new Moneygram orders to ZipZap were for lol! For the last 2 months I have been making cash deposits at Wal-Mart almost every other day. I know the whole staff on a first name basis. They think I am planning a trip to Sweden! lol! That seems like a highly inefficient way to plan a trip lol! I mean not to bash on wal-mart employees...but well yeah. The first time I went in I told the guy I was exchanging USD for Bitcoin. He said "what's Bitcoin"? I did my best to explain it... but he looked at me like I was an idiot and asked "Why would you do that?" So with out missing a beat I replied "I'm planning a trip to Sweden to drink beer with a bunch of beautiful Nordic babes and that's the currency they accept there." And thus my Moneygram cover story was born. lol! I love it. I hope you won't mind if I steal the cover story next time I need it. |
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BitcoinTate
Full Member
Offline
Activity: 224
Merit: 100
DigiByte Founder
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April 09, 2013, 09:48:09 PM |
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You are way off, Bitcoin can't be compared to some random stock. It's a New Paradigm!!!
I agree entirely, why only today the guy cleaning my shoes was talking about his Bitcoin investment going up in value. I overheard a random guy in the grocery store talking about bitcoin yesterday, also the cashier at my CVS asked me what the hell all these new Moneygram orders to ZipZap were for lol! For the last 2 months I have been making cash deposits at Wal-Mart almost every other day. I know the whole staff on a first name basis. They think I am planning a trip to Sweden! lol! That seems like a highly inefficient way to plan a trip lol! I mean not to bash on wal-mart employees...but well yeah. The first time I went in I told the guy I was exchanging USD for Bitcoin. He said "what's Bitcoin"? I did my best to explain it... but he looked at me like I was an idiot and asked "Why would you do that?" So with out missing a beat I replied "I'm planning a trip to Sweden to drink beer with a bunch of beautiful Nordic babes and that's the currency they accept there." And thus my Moneygram cover story was born. lol! I love it. I hope you won't mind if I steal the cover story next time I need it. Only as long as you add something to it and make it more outrageous! lol! |
- aka The "DigiMan"
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Adrian-x
Legendary
Offline
Activity: 1372
Merit: 1000
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April 09, 2013, 09:55:22 PM |
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Even if I am wrong and we really are at takeoff there is the first selloff phase coming up shortly.
@ ElectricMucus I have figured it out, you are Trace Mayer, your just testing the water to see how far you can push the bulls? |
Thank me in Bits 12MwnzxtprG2mHm3rKdgi7NmJKCypsMMQw
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bullioner
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April 09, 2013, 09:55:55 PM |
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 That's why it's called delusion. You are way off, Bitcoin can't be compared to some random stock. It's a New Paradigm!!! Ah. Currently 2% down. Doubt that means much. Probably some sort of glitch. I'm buying this dip on the expectation that things should be back to normal very soon. It did indeed go back to normal, but now appears to have dropped again - further - to 235. I must admit to being a bit scared. Well, I gave up at one point, and contemplated suicide shortly after, but I'm glad I didn't follow it through, because the whole thing appears to have reverted to the mean. |
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