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chrsjrcj
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April 08, 2013, 04:51:13 PM |
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Looking like the second highest ever USD volume day on MtGox.
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BitcoinTate
Full Member
 Offline
Activity: 224
Merit: 100
DigiByte Founder
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April 08, 2013, 04:51:31 PM |
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Just look at the lag increasing... people going fuck fuck fuck.... buy buy buy!! lol
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- aka The "DigiMan"
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DougTanner
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April 08, 2013, 04:51:45 PM |
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Definitely going back up.  |
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Piper67
Legendary
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Activity: 1106
Merit: 1001
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April 08, 2013, 04:52:08 PM |
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Damn. We crashed all the way down to 85% above the price a week ago today  |
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NamelessOne
Legendary
Offline
Activity: 840
Merit: 1000
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April 08, 2013, 04:52:54 PM |
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Damn. We crashed all the way down to 85% above the price a week ago today LOL! +1 ! |
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bassclef
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April 08, 2013, 04:53:29 PM |
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'Tis but a scratch!!
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only
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April 08, 2013, 04:54:23 PM |
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Is it really that hard to solve this fucking lag problem?  |
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BitcoinTate
Full Member
Offline
Activity: 224
Merit: 100
DigiByte Founder
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April 08, 2013, 04:54:38 PM |
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Damn. We crashed all the way down to 85% above the price a week ago today And that is why I quit trying to play the dip. After the first two sell high, buy back highers in the $20s and $30s I learned my lesson  |
- aka The "DigiMan"
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deeplink
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April 08, 2013, 04:55:06 PM |
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What? Bitcoin-24 at $240 ?!
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silvermario
Member
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Activity: 96
Merit: 10
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April 08, 2013, 04:55:25 PM |
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buddhacoiner
Newbie
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Activity: 28
Merit: 0
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April 08, 2013, 04:55:49 PM |
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You know this for sure because?
Don't get me wrong, I am all for the idea behind bitcoins, but this recent price run up is definitely not due to practical implementation of bitcoin for real world uses. The price is increasing because people have been reading news stories about how a bunch of people became millionaires from investing in bitcoins and they want to do the same. Bitcoins true value as a decentralized currency has been pushed to the side. If there weren't so many people going crazy over the price bitcoin it could achieve a more natural growth. Bitcoin cannot be compared to any other commodity at this point. We are in uncharted territory. Expect this kind of volatility going forward. These rapid up and down swings are 'normal' for bitcoin and they will continue throughout bitoin's rise. Over time, these '$20 within 1/2 hour micro swings' will merely be little blips on the steady (seemingly steep) upward macro trend and you know this how? i heard tings i dunno: 1. bitcoin characteristics....limited supply, infancy stage, etc., growing community, media coverage, business adoption, ATM builds, etcetc 2. look at the chart curve for the last 30 days, 90 days, 6 months....zoom in and out 3. speculation with the promising novel |
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Richy_T
Legendary
Offline
Activity: 2982
Merit: 2762
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
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April 08, 2013, 04:56:06 PM |
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Bitcoinity roller coaster!
Haha. Perfect. Just what I was thinking of. |
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
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chrsjrcj
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April 08, 2013, 04:56:13 PM |
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Is it really that hard to solve this fucking lag problem? Just wait until they add Litecoin.  |
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BitcoinTate
Full Member
Offline
Activity: 224
Merit: 100
DigiByte Founder
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April 08, 2013, 04:57:24 PM |
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- aka The "DigiMan"
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ManBearPig
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April 08, 2013, 04:58:09 PM |
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Experience and testicular fortitude serve one well in a situation like this.
The DDoS cartel just took 23c from the weak hands.
Would someone let the Teddies back in the room now and give them back their Bitcoins?
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mccorvic
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April 08, 2013, 05:00:08 PM |
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There is one thing about these high lag dump then rebound scenarios I enjoy: Seeing the bad bears who are about 30 mins too late and they dump right into a huge rally. Too slow, ya jergoff.
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deeplink
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April 08, 2013, 05:00:18 PM |
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Max Keiser is a shill lying twit that's pumping promises so he can line his pockets a little better at your expense. Stop being naive. Anyone with $10bn doesn't need to be circled by a twit on a propaganda news network.
If you say so... Thanks for teaching me this stuff  |
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chriswilmer
Legendary
Offline
Activity: 1008
Merit: 1000
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April 08, 2013, 05:02:16 PM |
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Hey, I have a naive question about this whole DDOS thing. Would it help if Mt. Gox doubled (or x10) the number of servers they have? Even an extra 100 machines can't be that expensive (probably ~$200 K).
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adamstgBit (OP)
Legendary
Offline
Activity: 1904
Merit: 1039
Trusted Bitcoiner
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April 08, 2013, 05:04:54 PM |
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Hey, I have a naive question about this whole DDOS thing. Would it help if Mt. Gox doubled (or x10) the number of servers they have? Even an extra 100 machines can't be that expensive (probably ~$200 K).
1/4 million = not expensive, lol! |
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humanitee
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April 08, 2013, 05:05:11 PM |
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Hey, I have a naive question about this whole DDOS thing. Would it help if Mt. Gox doubled (or x10) the number of servers they have? Even an extra 100 machines can't be that expensive (probably ~$200 K).
My understanding is that the engine is written with the competency of an undergraduate CS student. No amount of hardware improvements can fix errors associated with bad coding practices. The gain would be measly. |
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