Bitcoin Forum

Economy => Speculation => Topic started by: massivebitman on May 28, 2013, 11:37:32 AM



Title: Somebody took a big dump?
Post by: massivebitman on May 28, 2013, 11:37:32 AM
Wow... I check the markets and it seems prices have dropped by $5 since I rebuyed.

Did the guy who took the big dump, know something that we didn't?

Maybe knew early about the OK stuff?

Pretty scary how payment channels to gox are being shut down..

Means it will be harder to get coins... and the price will go up?

http://www.funnytreat.com/pictures/animals/Big-Dump.jpg


Title: Re: Somebody took a big dump?
Post by: Zaih on May 28, 2013, 11:51:44 AM
This is Bitcoin burtha :)

Pretty regular, I really doubt the fella who did this 'dump' had any sort of inside knowledge. And it's most likely just a normal movement in price due to normal reasons. Nothing to be alarmed about


Title: Re: Somebody took a big dump?
Post by: wonkytonky on May 28, 2013, 12:33:17 PM
just read Wall Observer - MtGoxUSD wall movement tracker - Hardcore  the last 20 hours ..  you'll find out what happend..

but in short:
7k ask wall pushed prices down..
panic sellers  did a good job selling 

at some point  7k wall was eaten  alive in a few seconds (some say it disapeard.. i say and saw it get eaten).

slowly price goes back up.  this is where we are now.



Title: Re: Somebody took a big dump?
Post by: kokojie on May 28, 2013, 01:19:58 PM
This is Bitcoin burtha :)

Pretty regular, I really doubt the fella who did this 'dump' had any sort of inside knowledge. And it's most likely just a normal movement in price due to normal reasons. Nothing to be alarmed about

yep, $5 is nothing nowadays, would have been a big dump when Bitcoin was around $10 in the start of this year.