Bitcoin Forum

Economy => Speculation => Topic started by: Coincrazy on April 11, 2013, 06:48:06 PM



Title: Bitcoin at $50.05 a piece on Bitstamp site - 11 Apr 2013
Post by: Coincrazy on April 11, 2013, 06:48:06 PM

Historic Screen shot (at least the way I see)

Bitcoin at $ 50.05 a piece on bitstamp site

http://bit.ly/14f8jwM




Title: Re: Bitcoin at $50.05 a piece on Bitstamp site - 11 Apr 2013
Post by: Krabby on April 11, 2013, 06:48:48 PM
Dear lord...


Title: Re: Bitcoin at $50.05 a piece on Bitstamp site - 11 Apr 2013
Post by: Koekiemonster on April 11, 2013, 06:51:16 PM
Bitstamp has very little bid orders right?


Title: Re: Bitcoin at $50.05 a piece on Bitstamp site - 11 Apr 2013
Post by: Dargo on April 11, 2013, 06:51:33 PM
Nice place to have fiat right now.


Title: Re: Bitcoin at $50.05 a piece on Bitstamp site - 11 Apr 2013
Post by: bitarrow on April 11, 2013, 06:52:32 PM
hopefully gox hits this low.  :)


Title: Re: Bitcoin at $50.05 a piece on Bitstamp site - 11 Apr 2013
Post by: simplydt on April 11, 2013, 06:55:15 PM
Nice place to have fiat right now.

How annoying, I can't get money onto there right now. I'd snap up a lot of those orders, ugh!!


Title: Re: Bitcoin at $50.05 a piece on Bitstamp site - 11 Apr 2013
Post by: Gordonium on April 11, 2013, 06:57:29 PM
This is ironically great example of how good Bitcoin is. Everyone can get their Bitcoins fast into any exchange, but they can transfer their fiat into exchanges.


Title: Re: Bitcoin at $50.05 a piece on Bitstamp site - 11 Apr 2013
Post by: chrsjrcj on April 11, 2013, 06:59:10 PM
Bitstamp has very little bid orders right?

I'd say so. Up to $70 now.


Title: Re: Bitcoin at $50.05 a piece on Bitstamp site - 11 Apr 2013
Post by: simplydt on April 11, 2013, 07:04:09 PM
wow somebody snapped those right up


Title: Re: Bitcoin at $50.05 a piece on Bitstamp site - 11 Apr 2013
Post by: Rygon on April 11, 2013, 07:05:58 PM
This is ironically great example of how good Bitcoin is. Everyone can get their Bitcoins fast into any exchange, but they can't transfer their fiat into exchanges.

I assume that's what you mean? If it is, I totally agree. Bitcoin will be prone to these rapid drops in prices because it only takes an hour to bring in BTC (or less), but usually days to weeks for fiat. Just look at the rates on bitfinex, traders are eager for fiat to burn. Eventually some wealthy speculators will find an exchange they trust enough with massive amounts of fiat to capitalize on these price falls, and result in a more stable exchange rate.


Title: Re: Bitcoin at $50.05 a piece on Bitstamp site - 11 Apr 2013
Post by: Digikeys on April 11, 2013, 07:08:02 PM
Having some fun on bitstamp  :)


Title: Re: Bitcoin at $50.05 a piece on Bitstamp site - 11 Apr 2013
Post by: 420 on April 11, 2013, 09:40:26 PM
had some funds; ran them out quick :P

Bitcoin price:$64.00


EDIT: Bitcoin price:$61.01


Title: Re: Bitcoin at $50.05 a piece on Bitstamp site - 11 Apr 2013
Post by: simplydt on April 11, 2013, 09:46:25 PM
had some funds; ran them out quick :P

Bitcoin price:$64.00


EDIT: Bitcoin price:$61.01


So jealous, wish i had funds on that bloody site :P I cant believe people are selling so low just because mtgox is down for maintenance.


Title: Re: Bitcoin at $50.05 a piece on Bitstamp site - 11 Apr 2013
Post by: 420 on April 11, 2013, 09:48:13 PM
had some funds; ran them out quick :P

Bitcoin price:$64.00


EDIT: Bitcoin price:$61.01


So jealous, wish i had funds on that bloody site :P I cant believe people are selling so low just because mtgox is down for maintenance.

some merchants who gotta sell; may not realize the price shoudln't be this low


Title: Re: Bitcoin at $50.05 a piece on Bitstamp site - 11 Apr 2013
Post by: Luckybit on April 11, 2013, 09:49:13 PM
had some funds; ran them out quick :P

Bitcoin price:$64.00


EDIT: Bitcoin price:$61.01


So jealous, wish i had funds on that bloody site :P I cant believe people are selling so low just because mtgox is down for maintenance.

People are goddamn fools who don't understand what Bitcoin is or it's long term value. They think it's like some kinda stock!


Title: Re: Bitcoin at $50.05 a piece on Bitstamp site - 11 Apr 2013
Post by: yokosan on April 11, 2013, 09:50:33 PM
wow somebody snapped those right up

Balls of steel, I wouldn't dare trade until after Gox has opened up again.

Think about it: People are going to want to sell at the current price, and panic buys/sells ALWAYS overshoot.

Prediction: At least 1 exchange will go sub $10 very soon.


Title: Re: Bitcoin at $50.05 a piece on Bitstamp site - 11 Apr 2013
Post by: Nemesis on April 11, 2013, 09:51:23 PM
had some funds; ran them out quick :P

Bitcoin price:$64.00


EDIT: Bitcoin price:$61.01


So jealous, wish i had funds on that bloody site :P I cant believe people are selling so low just because mtgox is down for maintenance.

People are goddamn fools who don't understand what Bitcoin is or it's long term value. They think it's like some kinda stock!


what do you expect from the media boom?

Have you read around the forums for the past.... i dunnu MONTH?

Full of new idiots coming here and want to be rich !


Title: Re: Bitcoin at $50.05 a piece on Bitstamp site - 11 Apr 2013
Post by: proudhon on April 11, 2013, 09:57:52 PM
wow somebody snapped those right up

Balls of steel, I wouldn't dare trade until after Gox has opened up again.

Think about it: People are going to want to sell at the current price, and panic buys/sells ALWAYS overshoot.

Prediction: At least 1 exchange will go sub $10 very soon.

MtGox will eventually go single digits again.


Title: Re: Bitcoin at $50.05 a piece on Bitstamp site - 11 Apr 2013
Post by: sgbett on April 11, 2013, 10:06:00 PM
wow somebody snapped those right up

Balls of steel, I wouldn't dare trade until after Gox has opened up again.

Think about it: People are going to want to sell at the current price, and panic buys/sells ALWAYS overshoot.

Prediction: At least 1 exchange will go sub $10 very soon.

MtGox will eventually go single digits again.

I f'n love your conviction.


Title: Re: Bitcoin at $50.05 a piece on Bitstamp site - 11 Apr 2013
Post by: bitcon on April 11, 2013, 10:09:13 PM
wow somebody snapped those right up

Balls of steel, I wouldn't dare trade until after Gox has opened up again.

Think about it: People are going to want to sell at the current price, and panic buys/sells ALWAYS overshoot.

Prediction: At least 1 exchange will go sub $10 very soon.

MtGox will eventually go single digits again.

this is the one time i hope proudbear us right. cheap coins for me. but proud is usually wrong. :(


Title: Re: Bitcoin at $50.05 a piece on Bitstamp site - 11 Apr 2013
Post by: rpietila on April 11, 2013, 10:16:52 PM
Sadly I lost the opportunity to buy at $50, was waiting for the knife to jam before buying. At $62 I started buying again, and BTC1000 is today's menu, and in addition BTC100 profits from trading and arbitrage.


Title: Re: Bitcoin at $50.05 a piece on Bitstamp site - 11 Apr 2013
Post by: yokosan on April 11, 2013, 10:18:34 PM
wow somebody snapped those right up

Balls of steel, I wouldn't dare trade until after Gox has opened up again.

Think about it: People are going to want to sell at the current price, and panic buys/sells ALWAYS overshoot.

Prediction: At least 1 exchange will go sub $10 very soon.

MtGox will eventually go single digits again.

this is the one time i hope proudbear us right. cheap coins for me. but proud is usually wrong. :(

Well now it's a bear market he is in his natural habitat, nobody knows these roads better. Give him some respect.