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Thread: Bitcoins are officially donkdown

  1. #401
    Serial Blogger BeerAndPoker's Avatar
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    $980 atm

  2. #402
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    Quote Originally Posted by BeerAndPoker View Post
    $980 atm

    The plot thickens.

    $250 (or so) drop in last 24 hours.

  3. #403
    Platinum BetCheckBet's Avatar
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    Quote Originally Posted by NaturalBornHustler View Post
    Quote Originally Posted by BeerAndPoker View Post
    $980 atm

    The plot thickens.

    $250 (or so) drop in last 24 hours.
    Until it falls to close to 300 or less it will still be an overall upward trajectory. I would Expect a crash down to 500 minimum over the next few weeks.

  4. #404
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    Micon better be cashing the fuck out.

  5. #405
    Serial Blogger BeerAndPoker's Avatar
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    I don't play on Seals but with the surging coin the once "low rake" must be a goldmine over the past month.

  6. #406
    Owner Dan Druff's Avatar
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    Most significant is that the volume of coins being moved now is higher than any time in the past month.

    923 right now.

    This is the "correction" I've been waiting for. I am hoping it falls significantly, then sits flat for some time. I will buy in at that point, as I think it still has some run-ups left.

  7. #407
    Owner Dan Druff's Avatar
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    Wow, just watched them fall to the 820 range, now just a few minutes later they are 990 again.


  8. #408
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    Quote Originally Posted by Dan Druff View Post
    Most significant is that the volume of coins being moved now is higher than any time in the past month.

    923 right now.

    This is the "correction" I've been waiting for. I am hoping it falls significantly, then sits flat for some time. I will buy in at that point, as I think it still has some run-ups left.
    Not sure what you mean by this. Volume is not even that high right now for the month


    Also mtgox is overinflated price due to seller limits. checking other markets and assigning some weight gives an overall better picture.


    http://bitcoinity.org/markets/mtgox/USD

  9. #409
    Owner Dan Druff's Avatar
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    Quote Originally Posted by BetCheckBet View Post
    Quote Originally Posted by Dan Druff View Post
    Most significant is that the volume of coins being moved now is higher than any time in the past month.

    923 right now.

    This is the "correction" I've been waiting for. I am hoping it falls significantly, then sits flat for some time. I will buy in at that point, as I think it still has some run-ups left.
    Not sure what you mean by this. Volume is not even that high right now for the month


    Also mtgox is overinflated price due to seller limits. checking other markets and assigning some weight gives an overall better picture.


    http://bitcoinity.org/markets/mtgox/USD
    Maybe I'm bad at reading the MtGox graph.

    This is what I see, from Nov 2-Dec 1:

    Name:  mtgox.png
Views: 366
Size:  80.9 KB

  10. #410
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    Quote Originally Posted by Dan Druff View Post
    Quote Originally Posted by BetCheckBet View Post

    Not sure what you mean by this. Volume is not even that high right now for the month


    Also mtgox is overinflated price due to seller limits. checking other markets and assigning some weight gives an overall better picture.


    http://bitcoinity.org/markets/mtgox/USD
    Maybe I'm bad at reading the MtGox graph.

    This is what I see, from Nov 2-Dec 1:

    Name:  mtgox.png
Views: 366
Size:  80.9 KB
    hmmm odd, website showing 60k not 100k plus as in graph.

    That makes sense, just seems to be conflicting info...

    when I go to mtgox website chart showing it at 750 with rally mid month at 1250, so who know what the deal is....

  11. #411
    Diamond TheXFactor's Avatar
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    Bitcoin Mining is Getting Out of Control
    http://kotaku.com/bitcoin-mining-is-...98/@jcondliffe

    Just one of ACISminer's Bitcoin mining operations.



  12. #412
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    Quote Originally Posted by NaturalBornHustler View Post
    Micon better be snap-closing Seals and funneling the deposits to a hidden account.

  13. #413
    Diamond TheXFactor's Avatar
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    Is Bitcoin About to Change the World?
    http://www.theguardian.com/technolog...virtual-wallet

    No, but Micon has another chance to be poor again if he holds onto Bitcoins for too long.



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    deleted

  15. #415
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    CNBC just tweeted it is at $850 now.

  16. #416
    PFA Emeritus Crowe Diddly's Avatar
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    Quote Originally Posted by NaturalBornHustler View Post
    CNBC just tweeted it is at $850 now.
    By the time they got around to making their silly chart and tweet, it was back over $1K at gox.

    Looking at the tweet, there's some strange shit going on. It was tweeted at 5:48 EST.



    WTF time zone are they using? Or were they just guessing what the hourly closes were going to be?
    Last edited by Crowe Diddly; 12-01-2013 at 03:07 PM.

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    Micon's PTR and bitcoin chart today look eerily similar.

  18. #418
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    Quote Originally Posted by Crowe Diddly View Post
    Quote Originally Posted by NaturalBornHustler View Post
    CNBC just tweeted it is at $850 now.
    By the time they got around to making their silly chart and tweet, it was back over $1K at gox.

    Looking at the tweet, there's some strange shit going on. It was tweeted at 5:48 EST.



    WTF time zone are they using? Or were they just guessing what the hourly closes were going to be?
    I'm guessing that 7pm that is overlapping the 6pm shouldn't be there.

    Just a graphics error IMO.

  19. #419
    PFA Emeritus Crowe Diddly's Avatar
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    Quote Originally Posted by NaturalBornHustler View Post
    I'm guessing that 7pm that is overlapping the 6pm shouldn't be there.

    Just a graphics error IMO.
    i understand the graphics error, but it wasn't even six o'clock anywhere in the US yet, which, unless I'm fuckin retarded, is the country that CNBC broadcasts from/in. Not to mention the price was hundreds of dollars higher at that point already anyway. My guess is they used GMT, but that really confuses the issue when you don't bother to mention it. You may as well give the price in units without mentioning what the currency is.

  20. #420
    Gold abrown83's Avatar
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    Quote Originally Posted by Crowe Diddly View Post
    Quote Originally Posted by NaturalBornHustler View Post
    I'm guessing that 7pm that is overlapping the 6pm shouldn't be there.

    Just a graphics error IMO.
    i understand the graphics error, but it wasn't even six o'clock anywhere in the US yet, which, unless I'm fuckin retarded, is the country that CNBC broadcasts from/in. Not to mention the price was hundreds of dollars higher at that point already anyway. My guess is they used GMT, but that really confuses the issue when you don't bother to mention it. You may as well give the price in units without mentioning what the currency is.
    I am assuming your Twitter settings are jacked.

    That isn't CNBC's fault, it is something in your Twitter app.

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