Bitcoin Forum

Other => Beginners & Help => Topic started by: Eich on April 24, 2013, 05:08:46 PM



Title: 04-24-13 BTC taking a hit!
Post by: Eich on April 24, 2013, 05:08:46 PM
whats the news?

http://bitcoincharts.com/charts/chart.png?width=940&m=mtgoxUSD&SubmitButton=Draw&r=1&i=5-min&c=0&s=&e=&Prev=&Next=&t=S&b=B&a1=SMA&m1=20&a2=&m2=25&x=0&i1=&i2=&i3=&i4=&v=1&cv=0&ps=0&l=0&p=0&


Title: Re: 04-24-13 BTC taking a hit!
Post by: funkmunk30 on April 24, 2013, 05:11:38 PM
thats some pretty movement!


Title: Re: 04-24-13 BTC taking a hit!
Post by: Eich on April 24, 2013, 05:14:00 PM
thats some pretty movement!

What happened? did some news come out i haven't heard about? maybe its a bear trap?



Title: Re: 04-24-13 BTC taking a hit!
Post by: l4d2bob on April 24, 2013, 05:14:48 PM
thats some pretty movement!

What happened? did some news come out i haven't heard about? maybe its a bear trap?



Paypal announced that they were considering taking Bit Coins as a currency. I presume that is what caused the rise. What is causing the fall however, I can't guess.


Title: Re: 04-24-13 BTC taking a hit!
Post by: dwdoc on April 24, 2013, 05:17:14 PM
Buy low. Sell high.  ;D


Title: Re: 04-24-13 BTC taking a hit!
Post by: Lhorus on April 24, 2013, 06:24:01 PM
Buy low. Sell high.  ;D

Than you should buy when others sells and sell when others buy.  ::)


Title: Re: 04-24-13 BTC taking a hit!
Post by: mrkubanftw on April 24, 2013, 06:25:10 PM
Lol iv been watching it all day. Went up to 140 early this morning and climbed slowly to almost 160. It trickled back down to 145 and is now right back up to 155  ;)


Title: Re: 04-24-13 BTC taking a hit!
Post by: SpaceJunk on April 24, 2013, 06:26:08 PM
Buy the rumor sell the news etc etc.


Title: Re: 04-24-13 BTC taking a hit!
Post by: AmbysWorld on April 24, 2013, 06:32:47 PM
anyone have the link to the paypal rumor, or is it just a forum speculation post?


Title: Re: 04-24-13 BTC taking a hit!
Post by: infested999 on April 24, 2013, 06:37:03 PM
The PayPal rumor is true.

I was watching bitcoinity markets when the price fall happened, somebody sold so much the price went straight down to $150 and MtGox trading lag went up to 40 seconds. After that it jumped about 10 times back and forth and then the lag was gone.

Someone just got very rich!


Title: Re: 04-24-13 BTC taking a hit!
Post by: Birdy on April 24, 2013, 06:40:01 PM
The PayPal rumor is true.

I was watching bitcoinity markets when the price fall happened, somebody sold so much the price went straight down to $150 and MtGox trading lag went up to 40 seconds. After that it jumped about 10 times back and forth and then the lag was gone.

Someone just got very rich!
There are still those people that bought in at a very low price, some of them will cash in.


Title: Re: 04-24-13 BTC taking a hit!
Post by: Eich on April 24, 2013, 06:40:14 PM
anyone have the link to the paypal rumor, or is it just a forum speculation post?

Here it is:
Code:
http://thenextweb.com/insider/2013/04/24/paypal-president-is-fascinated-by-bitcoin-says-company-is-thinking-about-including-the-virtual-currency/


Title: Re: 04-24-13 BTC taking a hit!
Post by: dwdoc on April 24, 2013, 06:45:09 PM
Only fair since kncminer is accepting Paypal!

http://www.kncminer.com/pages/payment


Title: Re: 04-24-13 BTC taking a hit!
Post by: DannyHamilton on April 24, 2013, 07:10:36 PM
whats the news?



https://bitcoin-central.net/
Quote
Down for Maintenance

Bitcoin-Central.net is temporarily down for maintenance.

We have been compromised, please do not send any funds to your wallet.

A few hundred BTC have been stolen, but the amount is small enough for us to cover it fully.

Please do not call, do not e-mail. We will give you additionnal information ASAP.


Title: Re: 04-24-13 BTC taking a hit!
Post by: TheKoziTwo on April 24, 2013, 07:16:31 PM
A massive hit indeed... guys... this crash is probably going to take several hours to recover :'( We're back to the lowest point we have been for almost half a day! unbelievable!


Title: Re: 04-24-13 BTC taking a hit!
Post by: Eich on April 24, 2013, 07:36:25 PM
whats the news?



https://bitcoin-central.net/
Quote
Down for Maintenance

Bitcoin-Central.net is temporarily down for maintenance.

We have been compromised, please do not send any funds to your wallet.

A few hundred BTC have been stolen, but the amount is small enough for us to cover it fully.

Please do not call, do not e-mail. We will give you additionnal information ASAP.

People are hungry for BTC. When the attacks and thievery stops, then ill start getting worried.


Title: Re: 04-24-13 BTC taking a hit!
Post by: zeocrash on April 24, 2013, 07:42:55 PM
A massive hit indeed... guys... this crash is probably going to take several hours to recover :'( We're back to the lowest point we have been for almost half a day! unbelievable!


Price is crashing, SELL SELL SELL!!! We're all going to die!!!


http://29.media.tumblr.com/tumblr_l79162twOb1qz5njko1_400.gif


Title: Re: 04-24-13 BTC taking a hit!
Post by: OldGrumpy on April 24, 2013, 07:43:53 PM
To add insult to injury, I accidentally sold some of my btc instead of buying some more after the drop. Duh. The move was interesting, though. At least it seems to recover slowly.