Bitcoin Forum

Economy => Speculation => Topic started by: master-P on May 01, 2013, 06:26:38 PM



Title: $120 Wall crumbling
Post by: master-P on May 01, 2013, 06:26:38 PM
And fast. I wonder how low it's going to go.


Title: Re: $120 Wall crumbling
Post by: cctvtech on May 01, 2013, 06:28:53 PM
$100 works for me


Title: Re: $120 Wall crumbling
Post by: WikileaksDude on May 01, 2013, 06:29:18 PM
$100 works for me

100$ is goard


Title: Re: $120 Wall crumbling
Post by: UltimateReaper on May 01, 2013, 06:30:55 PM
http://www.youtube.com/watch?v=stuHt7ZRYrQ


Title: Re: $120 Wall crumbling
Post by: Crazy on May 01, 2013, 06:30:59 PM
Can MtGox stay online EVER?!


Title: Re: $120 Wall crumbling
Post by: Surpbitcoin on May 01, 2013, 06:31:39 PM
74$ buy the end of the mini crash, hope you all have funds available to hop in cheap!


Title: Re: $120 Wall crumbling
Post by: MOB on May 01, 2013, 06:36:15 PM
At this rate $100 is about 30 minutes away.  Hope you aren't holding BTC!

If it breaches 100, then I think it stopping at $74 is pretty optimistic. 

Low 60's maybe, but likely even lower than that.


Title: Re: $120 Wall crumbling
Post by: montgolfier on May 01, 2013, 06:36:44 PM
Is this crash due to gox or the sr ddos?


Title: Re: $120 Wall crumbling
Post by: Crazy on May 01, 2013, 06:37:22 PM
Gox went down long after the slide. Obviously people rushing to sell off took their site down.


Title: Re: $120 Wall crumbling
Post by: liberty90 on May 01, 2013, 06:38:26 PM
What a wonderful time to BUY BUY BUY cheap coins  ;D


Title: Re: $120 Wall crumbling
Post by: Crazy on May 01, 2013, 06:40:04 PM
What a wonderful time to BUY BUY BUY cheap coins  ;D
Cheap is $50-70, like I got on the last drop. This isn't cheap, lol.


Title: Re: $120 Wall crumbling
Post by: master-P on May 01, 2013, 06:40:11 PM
I was watching the order book and noticed from earlier today people selling large amounts of BTC. The downtrend this time was visible if you were observing the orders.


Title: Re: $120 Wall crumbling
Post by: thebaron on May 01, 2013, 06:41:14 PM
Is this crash due to gox or the sr ddos?

Silk Road cashouts. With the newest coin dumps, I'd have to up my estimate to $30-$40 million dollars a month flowing through their coffers.


Title: Re: $120 Wall crumbling
Post by: mmortal03 on May 01, 2013, 06:44:44 PM
Already starting to lag: http://data.mtgox.com/api/1/generic/order/lag


Title: Re: $120 Wall crumbling
Post by: liberty90 on May 01, 2013, 06:48:20 PM
Cheap is $50-70, like I got on the last drop. This isn't cheap, lol.

Situation is radically different now. You will NEVER see 50$/coin


Title: Re: $120 Wall crumbling
Post by: Crazy on May 01, 2013, 06:55:29 PM
Cheap is $50-70, like I got on the last drop. This isn't cheap, lol.

Situation is radically different now. You will NEVER see 50$/coin
That's what they said a few days before I bought em. Just sayin.


Title: Re: $120 Wall crumbling
Post by: evolve on May 01, 2013, 07:02:35 PM
Situation is radically different now. You will NEVER see 50$/coin

That's what people said about 200, and 150, and 100, etc, etc....Don't fool yourself, it can certainly go that low and/or lower.


Title: Re: $120 Wall crumbling
Post by: Wuji on May 01, 2013, 07:04:01 PM
My buy orders are slowly kicking in.  Riding that wave.  If we hit $50 I'll be bargain basement shopping again. WooWoo!


Title: Re: $120 Wall crumbling
Post by: superduh on May 01, 2013, 07:04:39 PM
it's the mtgox lag now.. market orders were 2 mins out
nowhere else but gox. not masdaq, nyse, micex etc. just gox


Title: Re: $120 Wall crumbling
Post by: Coinbuck @ BTCLot on May 01, 2013, 07:22:03 PM
Cheap is $50-70, like I got on the last drop. This isn't cheap, lol.

Situation is radically different now. You will NEVER see 50$/coin

Never say never  ::)


Title: Re: $120 Wall crumbling
Post by: GigaCoin on May 01, 2013, 07:51:09 PM
Not looking good at all, already touched 108, probably back to below 100 if no buy support...

*goes to a dark corner, curls up on the floor and whispers repeatedly "I believe in the bitcoin, I believe in the bitcoin"*


Title: Re: $120 Wall crumbling
Post by: Peter Lambert on May 01, 2013, 08:01:26 PM
Not looking good at all, already touched 108, probably back to below 100 if no buy support...

*goes to a dark corner, curls up on the floor and whispers repeatedly "I believe in the bitcoin, I believe in the bitcoin"*

If you think the price going down is bad, all you have to do to fix it is send some USD to MtGox and buy the coins until the price goes back up to where you want it.


Title: Re: $120 Wall crumbling
Post by: cctvtech on May 01, 2013, 08:04:06 PM
I bought in at $105, still has a chance of going lower though. Now its time to sit and wait for $100,000 :p These will go nicely with my $40BTC
Step 1: Buy BTC, Step 3: Profit


Title: Re: $120 Wall crumbling
Post by: shad0wbitz on May 01, 2013, 08:04:47 PM
Situation is radically different now. You will NEVER see 50$/coin

That's what people said about 200, and 150, and 100, etc, etc....Don't fool yourself, it can certainly go that low and/or lower.

It can go all the way back to 20 cents for all we know.


Title: Re: $120 Wall crumbling
Post by: cctvtech on May 01, 2013, 08:08:32 PM
What is nice for me is I have no money invested, except for the electricity mining coins, buy low sell high. If I lose it all, it's no big deal. Once people get truly invested in BTC then I think it will get stable.