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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 21486. (Read 26731775 times)

hero member
Activity: 910
Merit: 1003
The deadline for filing claims against the MtGOX bankruptcy has been extended:

https://www.mtgox.com/img/pdf/20150706_deadline.pdf [ scroll down for the English translation ]
Quote
The bankruptcy trustee decided that the deadline for filing bankruptcy claims using the Online Method will be 12 noon on July 29, 2015 (Japan time).
hero member
Activity: 910
Merit: 1003
Mr. Gabriel, the German economics minister said “But it must be crystal clear what is being decided. It is, at the core, yes or no to remaining in the eurozone.”
https://upload.wikimedia.org/wikipedia/commons/thumb/7/7a/Groutite-114104.jpg/608px-Groutite-114104.jpg

What you want to say Prof. Stolfi ?

Only that "crystal clear" can be black and opaque as coal.  Which is actually what "crystal clear" usually means in politics and economy...

(Uh, ok, and coal can be clear and transparent as diamond, alright.)
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 2310
Merit: 1799
Cлaвa Укpaїнi!
http://www.reuters.com/article/2015/07/03/us-eurozone-greece-bitcoin-idUSKCN0PD1B420150703?

The Greeks are buying bitcoins to protect themselves from a monetary crash according to Reuters.
hero member
Activity: 513
Merit: 511
Heck, in hindsight, it would've been wise to cash out at 250 on the way up Undecided
BTW, why is this forum's server keep going down for ~2 minutes at a time?

heh, yeah. The name of the game is "turning hindsight into foresight". That's what I've been playing at since 3 years old, anyways.

PS: Aww, bitcoins giving a goodbye hug to 260s. It makes sense, it might be the last time we see the $210-$269 range. $260s, you dont gotta go home, but you can't stay here.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
sr. member
Activity: 1610
Merit: 372
Quote
269, up from 235 about 2.5 weeks ago...
dammit, slow down, guyz.
Yer spookin my NLHE customers @ Betcoin. Grin Grin Grin
sr. member
Activity: 392
Merit: 250
You can pump LTC 5% with about $60k. Do the same with BTC and no one will notice. Also, you try to cash out huge gains for significant sums, you slip right down.

Why would you want to cash out of an asset that's preforming as well as LTC (price tripled over the past month)?
I mean, ya, sure, you held BTC while it did the exact opposite (albeit over a year and a half), so points for intrinsic consistency, but still...

You sure it aint just plain old jealousy?  Hate to see the other fellow win big while you ...is there a polite word for "opposite of win big"?

Unsurprisingly, there was only one thing to do with GPU rigs when fpga and asic took over. Thus many bitcoiners have also dabbled in litecoins. And there were many levels much higher than $5 to sell your LTC.

As there have been many better times to sell some BTC, and many better times to buy.

Hindsight is fun, but sometimes bereft of absolute utility.

The server has seemed troubled since its last "episode".
hero member
Activity: 513
Merit: 511
You can pump LTC 5% with about $60k. Do the same with BTC and no one will notice. Also, you try to cash out huge gains for significant sums, you slip right down.

Why would you want to cash out of an asset that's preforming as well as LTC (price tripled over the past month)?
I mean, ya, sure, you held BTC while it did the exact opposite (albeit over a year and a half), so points for intrinsic consistency, but still...

You sure it aint just plain old jealousy?  Hate to see the other fellow win big while you ...is there a polite word for "opposite of win big"?

Bitcoin quintupled (wow, that's actually a word? typing it, I thought it wouldnt be) in a month (from about $200 in October 28th of 2013 to $1000+ by November 28th of the same year), before this "opposite of win big" bitcoin went through. Would it have been wise to cash out $600 dollar bitcoins November 20th? I would say "yes". If someone holding LTC from sometime between January and May cashes out now, it's a wise idea.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
member
Activity: 79
Merit: 10
You can pump LTC 5% with about $60k. Do the same with BTC and no one will notice. Also, you try to cash out huge gains for significant sums, you slip right down.

Fun tool for multiplying(or dividing) nickels and dimes tho.

I notice the market is much thinner than Bitcoin's, and the price can rise or crash very fast. It's a much bigger gamble than Bitcoin, you might double your money or lose half very quickly. Once you have bought in getting back out is much harder when it's crashing.
sr. member
Activity: 392
Merit: 250
You can pump LTC 5% with about $60k. Do the same with BTC and no one will notice. Also, you try to cash out huge gains for significant sums, you slip right down.

Fun tool for multiplying(or dividing) nickels and dimes tho.
hero member
Activity: 513
Merit: 511

I remember a thread about how litecoin was dead saying it would soon be below a dollar. In retrospect I suspect the OP started it to try and drive the price down as low as he could get it so he could stock up on cheap litecoins right at the bottom. Next time I see a thread like that I'm buying, not selling.

Always be sure to do your own analysis rather than base what you do on what other people say. I decided to get into bitcoin sometime February because I was convinced that we had seen the bottom, followed by a dead cat bounce. I thought to myself "put in a bit of cash into this, maybe it pays off". It's definitely paid off, with knowledge alone. Now I know that not only it has paid off in personal growth, but with monetary profit as well. For that, I am forever grateful to whoever "Satoshi" is.
hero member
Activity: 1064
Merit: 645
Magic
But there are 100+ threads about LTC prices over 50USD or even more, will you sell again if you see one of these threads Cheesy
member
Activity: 79
Merit: 10
Chinese gov is pumping LTC with overstock USD to switch then back for BTC later.
They don't care about LTC bag holders

No reason to hate on LTC just because those who had the balls to hodl it TRIPLED their wealth IN JUST THE PAST MONTH.  Not every crypto has to be a disappointment, you know Smiley

I remember I dismissed it as a dead crypto back in March, when I exchanged some bitcoin to it, and then changed back at a loss about a week after. Now look at it, revived (more or less). Bitcoin and Litecoin have at a positive-thinking feedback loop "just wait and see what Bitcoin's halving will do" a little voice in the back of my head says. "Wait and see". It might be the reason for me to leap into the job's market, just s I can buy some cheap sub-$400 BTC.

I remember a thread about how litecoin was dead saying it would soon be below a dollar. In retrospect I suspect the OP started it to try and drive the price down as low as he could get it so he could stock up on cheap litecoins right at the bottom. Next time I see a thread like that I'm buying, not selling.
hero member
Activity: 513
Merit: 511
Chinese gov is pumping LTC with overstock USD to switch then back for BTC later.
They don't care about LTC bag holders

No reason to hate on LTC just because those who had the balls to hodl it TRIPLED their wealth IN JUST THE PAST MONTH.  Not every crypto has to be a disappointment, you know Smiley

I remember I dismissed it as a dead crypto back in March, when I exchanged some bitcoin to it, and then changed back at a loss about a week after. Now look at it, revived (more or less). Bitcoin and Litecoin have at a positive-thinking feedback loop "just wait and see what Bitcoin's halving will do" a little voice in the back of my head says. "Wait and see". It might be the reason for me to leap into the job's market, just s I can buy some cheap sub-$400 BTC.
legendary
Activity: 2002
Merit: 1040
Wait til this LTC bubble pops. Cool All those profits are going to be put back into BTC, then the real fun begins.
hero member
Activity: 854
Merit: 503
Legendary trader
Does anyone else see a lot of room for excessive profit taking?
legendary
Activity: 1022
Merit: 1008
Delusional crypto obsessionist
Chinese gov is pumping LTC with overstock USD to switch then back for BTC later.
They don't care about LTC bag holders
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