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BITCOIN? IT CARSHED 80% today...

 
Strongman Shelford
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02/10/2014 08:45 PM
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BITCOIN? IT CARSHED 80% today...
That title wcould have been written by banksters.
The Federal Reserve, the Cartel, is a mighty institution.
They don´t want competition.

Strongman


Now that Bitcoin exchange Mt.Gox has terminally discredited itself following the latest, and likely last, withdrawal halt announced late last week which sent the value of Bitcoin tumbling by 25%, Bitcoin traders are left with just two exchange options on which to transact: BTC-e and Bitstamp. And for those using the former to buy and sell the virtual digital currency, things went from bad to worse a few short hours ago, when Bitcoin had its very own "Waddell and Reed" moment, when the price of Bitcoin cratered by over 80% in the span of seconds, after a modest block of just under 6000 Bitcoins sent the price plunging from over $600 to $102.

more:
[link to www.zerohedge.com]

Last Edited by Strongman Shelford on 02/11/2014 05:21 AM
Strongman is back. Economic disinfo won´t be tolerated.
Opinions from the latin bank analyst who has already been in hyperinflation, bank meltdown, BANk runs... and economic SHTF ...several times.
Founder of www.silvertardsweride.com
Strongman Shelford (OP)

User ID: 52530646
Argentina
02/10/2014 08:47 PM
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Re: BITCOIN? IT CARSHED 80% today...
opinions?
Strongman is back. Economic disinfo won´t be tolerated.
Opinions from the latin bank analyst who has already been in hyperinflation, bank meltdown, BANk runs... and economic SHTF ...several times.
Founder of www.silvertardsweride.com
peter
User ID: 925312
Australia
02/10/2014 08:50 PM
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Re: BITCOIN? IT CARSHED 80% today...
Ummm?!?! you don't own any and are jealous?!? missed the boat and you like to promote negative bitcoin threads?!

Max Keiser warned of Mt Gox issues last april, so where is the surprise, so some people cashed in quick, and the price is still relatively high, what news are you bringing to the table?!?

[link to www.maxkeiser.com]
Strongman Shelford (OP)

User ID: 52530646
Argentina
02/10/2014 08:55 PM
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Re: BITCOIN? IT CARSHED 80% today...
bitcoin was higher than gold. that was crazy for me.
bitcoin carshed today 80% only.
that´s the news. it is todays news.

if you are smart, you will understand the secrecy and mistery in my title: governments hate anything that can threaten the monetary system runned by the elitists for control.

that was the message.

You got it all wrong.

Last Edited by Strongman Shelford on 02/10/2014 08:56 PM
Strongman is back. Economic disinfo won´t be tolerated.
Opinions from the latin bank analyst who has already been in hyperinflation, bank meltdown, BANk runs... and economic SHTF ...several times.
Founder of www.silvertardsweride.com
Mar Shallaw

User ID: 52900991
United States
02/10/2014 10:55 PM

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Re: BITCOIN? IT CARSHED 80% today...
I wonder if the banker's deaths can be tied into any of this info?
Great national qualities, like frankness and honesty, are vices in politics, for they bring down rulers from their thrones more effectively and more certainly than the most powerful enemy.

Proverbs 31 8-9: Open your mouth for the mute, for the rights of all who are destitute. Open your mouth, judge righteously, defend the rights of the poor and needy.

[link to mercymovement.com]
Anonymous Coward
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02/10/2014 11:03 PM
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Re: BITCOIN? IT CARSHED 80% today...
Bitcoin was created for a purpose.

You see, the Secret Powers are going to reset the financial system worldwide. They will create a new global currency, using gold as the stabilizer. But no, they won't let the people use the gold based currency, because they want to keep the power of inflating fiat currencies! Instead the gold will be used between nations only, to give power to the new supranational body that all nations will be subject to. The people will get fiat paper as before.

There was one problem with this plan though - they needed all major players to hold an amount of gold roughly proportional to their GDP to give the new system the needed stability. And China didn't have as much gold as they needed. So they allowed China to buy gold at artificially depressed prices for years, to build up a proper gold reserve.

The only problem with THAT plan, is that some of the sheeple were starting to show interest in gold and silver too! And they didn't want the plebs to get rich in the process if they could avoid it!

So they created a trap for the plebs called cryptocurrencies. The idea was that the outsiders would miss the opportunity of a lifetime to load up on cheap metal, and dump all their savings on cryptocoins instead!

The scheme has worked like a charm. Practically all the sheep who see themselves as smart have given up on the metals entirely. Very few outside the Elite will benefit from the revaluation.

The cryptocoins will not be allowed to take over. They will all crash and burn as soon as the system shift occurs.



lol, it sound like I know what I'm talking about, doesn't it?

I copied this post from another GLP'er in another post, sounds accurate & well grounded to me!
Anonymous Coward
User ID: 48227146
Netherlands
02/10/2014 11:06 PM
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Re: BITCOIN? IT CARSHED 80% today...
It carshed? OMG!
Anonymous Coward
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02/10/2014 11:06 PM
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Re: BITCOIN? IT CARSHED 80% today...
Bitcoin "crashed" 80% today because a failing exchange spread false information in an attempt to deflect their own failures onto the bitcoin protocol and cause a panic (which they probably hoped to use to then buy back coins cheap).

A seller panicked when the news hit and sold a boatload, the price dropped 80% for a few seconds, and then promptly jumped back up $400+ seconds later as the giant sell order go jumped on by everyone who saw it.

So it went from just under $700, down to 600ish, down to 100 for literally a couple seconds (on only one exchange, the others didn't come close to dropping that low), and then back to above $500... and here's the twist, when everyone realized the bullshit that MtGox (the failing exchange) was spreading was in fact bull shit, the price continued to rise. To the point that it is now HIGHER than it was at the start of the day.

Shocker, that's right, the big "crash" everyone's talking about today is actually a 2.5% rise over the last 24 hours as of this posting. But people will keep spreading this crash nonsense anyway.
Moraniac

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United States
02/10/2014 11:09 PM

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Re: BITCOIN? IT CARSHED 80% today...
bitcoin was higher than gold. that was crazy for me.
bitcoin carshed today 80% only.
that´s the news. it is todays news.

if you are smart, you will understand the secrecy and mistery in my title: governments hate anything that can threaten the monetary system runned by the elitists for control.

that was the message.

You got it all wrong.
 Quoting: Strongman Shelford


it was a flash carsh OP, on one single exchange, and it popped right back up instantaeously. It was an anomaly and BTC is still above $700 right now. Erroneous headline.
Moraniac
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Canada
02/10/2014 11:16 PM
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Re: BITCOIN? IT CARSHED 80% today...
It didn't crash 80% today you idiot.

You can't make a thread just sticking to what's real?
Anonymous Coward (OP)
User ID: 52530646
Argentina
02/10/2014 11:17 PM
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Re: BITCOIN? IT CARSHED 80% today...
Bitcoin was created for a purpose.

You see, the Secret Powers are going to reset the financial system worldwide. They will create a new global currency, using gold as the stabilizer. But no, they won't let the people use the gold based currency, because they want to keep the power of inflating fiat currencies! Instead the gold will be used between nations only, to give power to the new supranational body that all nations will be subject to. The people will get fiat paper as before.

There was one problem with this plan though - they needed all major players to hold an amount of gold roughly proportional to their GDP to give the new system the needed stability. And China didn't have as much gold as they needed. So they allowed China to buy gold at artificially depressed prices for years, to build up a proper gold reserve.

The only problem with THAT plan, is that some of the sheeple were starting to show interest in gold and silver too! And they didn't want the plebs to get rich in the process if they could avoid it!

So they created a trap for the plebs called cryptocurrencies. The idea was that the outsiders would miss the opportunity of a lifetime to load up on cheap metal, and dump all their savings on cryptocoins instead!

The scheme has worked like a charm. Practically all the sheep who see themselves as smart have given up on the metals entirely. Very few outside the Elite will benefit from the revaluation.

The cryptocoins will not be allowed to take over. They will all crash and burn as soon as the system shift occurs.



lol, it sound like I know what I'm talking about, doesn't it?

I copied this post from another GLP'er in another post, sounds accurate & well grounded to me!
 Quoting: Anonymous Coward 53925665


link a nd timeframe¡?
Anonymous Coward
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02/10/2014 11:17 PM
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Re: BITCOIN? IT CARSHED 80% today...
it is not a carsh when something trades on multiple markets and one goes down. is still a days high $1600 usd on local bitcoins and ripple as they absorb the new volume from mtgox.

you can neither buy nor sell bitcoin for usd at mtgox it is no longer an active market
Anonymous Coward (OP)
User ID: 52530646
Argentina
02/10/2014 11:18 PM
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Re: BITCOIN? IT CARSHED 80% today...
It didn't crash 80% today you idiot.

You can't make a thread just sticking to what's real?
 Quoting: Anonymous Coward 53119814


It carshed 80%. I stand by it. if it had a bounce is different.
Anonymous Coward
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02/10/2014 11:18 PM
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Re: BITCOIN? IT CARSHED 80% today...
'Freedom currencies'?! I think you mean dope currencies. F'ck b_tch coin.
Anonymous Coward (OP)
User ID: 52530646
Argentina
02/10/2014 11:19 PM
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Re: BITCOIN? IT CARSHED 80% today...
it is not a carsh when something trades on multiple markets and one goes down. is still a days high $1600 usd on local bitcoins and ripple as they absorb the new volume from mtgox.

you can neither buy nor sell bitcoin for usd at mtgox it is no longer an active market
 Quoting: Anonymous Coward 53314209


volume is the key.
Anonymous Coward (OP)
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Argentina
02/10/2014 11:20 PM
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Re: BITCOIN? IT CARSHED 80% today...
dont´confuse me. I am no bitcoin hater. I am just saying they don´t want cryptocurrency to deteriorate their money game.
watch china and Russia how they are quickly attacking Bitcoin system
the elite will only allow you to play with THEIR virtual currencies. not with some hacker freedom currencies.
Anonymous Cowhard

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02/10/2014 11:21 PM
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Re: BITCOIN? IT CARSHED 80% today...
That title wcould have been written by banksters.
The Federal Reserve, the Cartel, is a mighty institution.
They don´t want competition.

Strongman


Now that Bitcoin exchange Mt.Gox has terminally discredited itself following the latest, and likely last, withdrawal halt announced late last week which sent the value of Bitcoin tumbling by 25%, Bitcoin traders are left with just two exchange options on which to transact: BTC-e and Bitstamp. And for those using the former to buy and sell the virtual digital currency, things went from bad to worse a few short hours ago, when Bitcoin had its very own "Waddell and Reed" moment, when the price of Bitcoin cratered by over 80% in the span of seconds, after a modest block of just under 6000 Bitcoins sent the price plunging from over $600 to $102.

more:
[link to www.zerohedge.com]
 Quoting: Strongman Shelford


ohemad HE DONT HAVE ANY COINS
NotaNonviolentNegro

User ID: 43920905
United States
02/10/2014 11:21 PM

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Re: BITCOIN? IT CARSHED 80% today...
I warned you!
Thread: UPDATE! BOMBSHELL BITCOIN You have 72 hours!!!
mjvg12edgt4
Strongman Shelford (OP)

User ID: 52530646
Argentina
02/10/2014 11:22 PM
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Re: BITCOIN? IT CARSHED 80% today...
 Quoting: NotaNonviolentNegro


hiding
Strongman is back. Economic disinfo won´t be tolerated.
Opinions from the latin bank analyst who has already been in hyperinflation, bank meltdown, BANk runs... and economic SHTF ...several times.
Founder of www.silvertardsweride.com
NotaNonviolentNegro

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United States
02/10/2014 11:27 PM

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Re: BITCOIN? IT CARSHED 80% today...
It didn't crash 80% today you idiot.

You can't make a thread just sticking to what's real?
 Quoting: Anonymous Coward 53119814

ok did it crash or did it carshed?
scratching
Strongman Shelford (OP)

User ID: 52530646
Argentina
02/10/2014 11:30 PM
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Re: BITCOIN? IT CARSHED 80% today...
It didn't crash 80% today you idiot.

You can't make a thread just sticking to what's real?
 Quoting: Anonymous Coward 53119814

ok did it crash or did it carshed?
scratching
 Quoting: NotaNonviolentNegro


glp language= IT CARSHED! scream
Strongman is back. Economic disinfo won´t be tolerated.
Opinions from the latin bank analyst who has already been in hyperinflation, bank meltdown, BANk runs... and economic SHTF ...several times.
Founder of www.silvertardsweride.com
NotaNonviolentNegro

User ID: 43920905
United States
02/10/2014 11:33 PM

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Re: BITCOIN? IT CARSHED 80% today...
It didn't crash 80% today you idiot.

You can't make a thread just sticking to what's real?
 Quoting: Anonymous Coward 53119814

ok did it crash or did it carshed?
scratching
 Quoting: NotaNonviolentNegro


glp language= IT CARSHED! scream
 Quoting: Strongman Shelford

Okayyy! lol
laugh
Anonymous Coward
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02/10/2014 11:34 PM
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Re: BITCOIN? IT CARSHED 80% today...
From what I've been reading Bitcoin or some of the exchanges have some technical problems with delivery. Crazy problems that could be horrible if exploited.

It's shocking to me it's still so high. I think it's a good sign for Bitcoin that it can handle problems and still bounce back so quickly.
NotaNonviolentNegro

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02/10/2014 11:39 PM

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Re: BITCOIN? IT CARSHED 80% today...
Bitcoin was created by Darpa and the NSA. It best to believe they TPTB are manipulating it.
6oouguuh6eerv
NotaNonviolentNegro

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02/10/2014 11:44 PM

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Re: BITCOIN? IT CARSHED 80% today...
“They know the collapse is coming,” says Susanne. “So they are preparing for it.” Susanne also shares shocking information about a computer banking virus that may be used as the excuse to shut down banks internationally. “If you hear about this in the news, you have 72 hours to do whatever you plan to do before the collapse.” - See more at: [link to www.thedailysheeple.com]
Anonymous Coward
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Mexico
02/10/2014 11:46 PM
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Re: BITCOIN? IT CARSHED 80% today...
opinions?
 Quoting: Strongman Shelford


Yeah, just like Argentina dreams with printing all fake pesos to spend ...until it stop dreaming !!

cruise
Anonymous Coward
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02/10/2014 11:54 PM
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Re: BITCOIN? IT CARSHED 80% today...
Its trading merrily at over 700

Strongman has failed at every self grandising thread he has put up over the last three months.

Begging for Karma pins whilst at it.

He is like the reverse King Midas, everything he touches turns to shit.
SpaceCommand
USCF National Master FIDE 2125

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02/10/2014 11:55 PM

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Re: BITCOIN? IT CARSHED 80% today...
Buy low sell high....
"With an eye made quiet by the power of harmony and the deep power of joy, we see into the life of things." William Wordsworth

And yet the same revolutionary beliefs for which our forebears fought are still at issue around the globe—the belief that the rights of man come not from the generosity of the state, but from the hand of God.

John F. Kennedy Inaugural Address

Lincoln's economic advisor Henry C. Carey explained the universal issue in his 1851 Harmony of Interests:

"Two systems are before the world.... One looks to pauperism, ignorance, depopulation, and barbarism; the other to increasing wealth, comfort, intelligence, combination of action, and civilization. One looks towards universal war; the other towards universal peace. One is the English system; the other ... the American system, for ... elevating while equalizing the condition of man throughout the world."
Anonymous Coward
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United States
02/11/2014 12:00 AM
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Re: BITCOIN? IT CARSHED 80% today...
Might want read this OP
[link to cryto.net]
Anonymous Coward
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Australia
02/11/2014 12:03 AM
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Re: BITCOIN? IT CARSHED 80% today...
I have always been very suss about Bitcoins...if is not owned by tptb, then it will fail..if it is owned by tptb then it will succeed.

Either way, Im not playing
Anonymous Coward
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02/11/2014 12:04 AM
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Re: BITCOIN? IT CARSHED 80% today...
Yes, really crashed its around 710 right now.
Considering it was almost worthless just over a year ago I think its not doing
too bad.
Only one exchange showed that value others show low of 530, either way it recovered.
Bitcoin Doomtards might have to wait a while.