ThickAsThieves: (with lower prices)

ThickAsThieves: what if they run off loaned money and then achieve dominance

ThickAsThieves: drink!

ThickAsThieves: :)

ThickAsThieves: XX

ThickAsThieves: i'm playing a drinking game, every time tiberius quotes a % with authority

ThickAsThieves: eleuthria

ThickAsThieves: thats a bit general

ThickAsThieves: fiat

ThickAsThieves: a chromebook plz

ThickAsThieves: tahts speculation

ThickAsThieves: what % of the price is speculation tho

ThickAsThieves: they are the most popular as well I think

ThickAsThieves: so that gets people seeking dividends

ThickAsThieves: indeed

ThickAsThieves: i will concede that generally buying and holding has been the safest way to invest in bitcoin and make profit

ThickAsThieves: the events of the week can probably amplify or dampen that effect as well

ThickAsThieves: like everyone but him basically

ThickAsThieves: he meant 9900%

ThickAsThieves: thats what traders do

ThickAsThieves: my name is tiberius and everything you say has nothing to do with anything

ThickAsThieves: yes i jinxed it

ThickAsThieves: new ATH

ThickAsThieves: i do think a bump is incoming

ThickAsThieves: hehe

ThickAsThieves: and then 66 again

ThickAsThieves: still a chance we'll see 70 again before Monday

ThickAsThieves: ;;asks 70

ThickAsThieves: someone is hungry for some AM

ThickAsThieves: and become the standard

ThickAsThieves: make that index have the best sockets or whatever

ThickAsThieves: someone make an index

ThickAsThieves: plus oix

ThickAsThieves: so we have lotsa good data

ThickAsThieves: avg

ThickAsThieves: weight them all

ThickAsThieves: get an index going from otc

ThickAsThieves: why not use that

ThickAsThieves: http://bitcoincharts.com/markets/

ThickAsThieves: obv not

ThickAsThieves: why isnt there in index being used

ThickAsThieves: actually

ThickAsThieves: yet its still the best

ThickAsThieves: you;d need a serious scheme

ThickAsThieves: happens all the time

ThickAsThieves: it does sound like a good idea on the surface

ThickAsThieves: lets do it then

ThickAsThieves: except theyll get ya on fees

ThickAsThieves: thats the problem at campbx too

ThickAsThieves: want

ThickAsThieves: cant use bitcoincentral when they wasnt such a premium in USD

ThickAsThieves: the irony is that lesser exchanges must match gox price to have a fair chance of getting enough users to not rely on gox

ThickAsThieves: https://bitcoin-central.net/order_book

ThickAsThieves: and dwolla

ThickAsThieves: but the deal in USD

ThickAsThieves: they are not US though are they?

ThickAsThieves: sadly when you try supporting other exchanges, all they do is fuck it up

ThickAsThieves: we havent learned i guess

ThickAsThieves: mega crash

ThickAsThieves: same thing as last time

ThickAsThieves: gox is a standard because a standard was needed to let the market work better

ThickAsThieves: calm before the storm

ThickAsThieves: eek!

ThickAsThieves: ;;ticker

ThickAsThieves: as in buyers, bots, sellers, etc

ThickAsThieves: when i say 'exchange' you know i mean in the abstract right?

ThickAsThieves: [14:12] <tiberiusiv> of course its the most important venue.

ThickAsThieves: <tiberiusiv> gox does NOT set bitcoin prices for everyone

ThickAsThieves: <tiberiusiv> of course not thickasthieves

ThickAsThieves: <ThickAsThieves> but arent 'all of the other exchanges" basing decsisions on gox?

ThickAsThieves: in summary, gox influences price heavily, i have not heard a sound argument otherwise

ThickAsThieves: can we actually know that?

ThickAsThieves: so you think all this uptake to the current price is mostly big players, and not amatuer speculators?

ThickAsThieves: hehe

ThickAsThieves: smickles, how dare you!

ThickAsThieves: hard to say on one day that Cyprus or other good news causes btc to go up, yet the market isnt easily influenced on bid price

ThickAsThieves: ;;ticker

ThickAsThieves: these people arent day traders

ThickAsThieves: and you really want to underestimate the population's neglect of orderbooks when buying bitcoin?

ThickAsThieves: its suggested

ThickAsThieves: therefore

ThickAsThieves: bidb box

ThickAsThieves: but they PUT it in the bud box for you

ThickAsThieves: i know what fucking last price is

ThickAsThieves: it doesnt say it literally, but effectively

ThickAsThieves: gox buybox says, pay this price and you get your coins

ThickAsThieves: none pay much mind to the orderbooks

ThickAsThieves: SR buyers, people who just buy when wthey get their deposits, people cashing out

ThickAsThieves: there are a lot of those

ThickAsThieves: it just gets stuck at suggesting you pay 66 for 5 minutes

ThickAsThieves: it doesnt indicate any problem

ThickAsThieves: but when you log in to gox

ThickAsThieves: like i said when Gox data freezes, like their socket, or more importantly, their suggested price in the Buybox, it effectively changes the price to that until it stops

ThickAsThieves: anyway

ThickAsThieves: lol

ThickAsThieves: ignore*

ThickAsThieves: just ignir ehim

ThickAsThieves: relax mod6

ThickAsThieves: can i get diesel with bitcoin?

ThickAsThieves: ...