Bitcoin Forum

Economy => Speculation => Topic started by: andydabeast on October 02, 2013, 05:19:26 PM



Title: WHY IS EVERYTHING CRASHING
Post by: andydabeast on October 02, 2013, 05:19:26 PM
I just watched BTC drop $30 and LTC drop to $1.6.  holy crap


Title: Re: WHY IS EVERYTHING CRASHING
Post by: Luno on October 02, 2013, 05:23:23 PM
This is FUCKING!! beautiful. Watching a market crash is just a good a high  as making money on trades yourself.


Title: Re: WHY IS EVERYTHING CRASHING
Post by: mirelo on October 02, 2013, 05:31:52 PM
I just watched BTC drop $30 and LTC drop to $1.6.  holy crap

It may be connected to this:

http://wapo.st/1fJ96vv


Title: Re: WHY IS EVERYTHING CRASHING
Post by: niothor on October 02, 2013, 05:32:58 PM
I just watched BTC drop $30 and LTC drop to $1.6.  holy crap

It may be connected to this:

http://wapo.st/1fJ96vv

Indeed.. :))))))))


Title: Re: WHY IS EVERYTHING CRASHING
Post by: GoldenWings91 on October 02, 2013, 05:34:45 PM
An over reaction to silk road news. Bitcoin isn't compromised; DPR was just sloppy by posting an email with his real name right on this forum.


Title: Re: WHY IS EVERYTHING CRASHING
Post by: Bit82.ro on October 02, 2013, 05:36:44 PM
It's going down!!! Wondering if it's reaching 100$ till midnight ... Hope so  ;D


Title: Re: WHY IS EVERYTHING CRASHING
Post by: gaston909 on October 02, 2013, 05:38:34 PM
Why oh why oh why do I not have any money in an exchange right now!!!!!!!! Every single time!


Title: Re: WHY IS EVERYTHING CRASHING
Post by: bythesea on October 02, 2013, 05:39:41 PM
Well i sold a bunch of mine I had few days ago. I will watch it and buy some when it hits a certain value :)


Title: Re: WHY IS EVERYTHING CRASHING
Post by: Member140460 on October 02, 2013, 05:45:54 PM
So tragic. I picked up a couple hundred bitcoin during the last few days, bought a bunch at $119 during the fall...


Title: Re: WHY IS EVERYTHING CRASHING
Post by: wtfvanity on October 02, 2013, 05:57:36 PM
Why oh why oh why do I not have any money in an exchange right now!!!!!!!! Every single time!

Because you never have money in an exchange maybe?

I just watched BTC drop $30 and LTC drop to $1.6.  holy crap

It may be connected to this:

http://wapo.st/1fJ96vv

Interesting how he was arrested BACK in July and the site was still running. Uh oh...


Title: Re: WHY IS EVERYTHING CRASHING
Post by: andydabeast on October 02, 2013, 06:03:32 PM
Why oh why oh why do I not have any money in an exchange right now!!!!!!!! Every single time!

My thought exactly! I had just gotten it over to bitmit and bought some stuff THIS MORNING. I wanna buy so bad right now.


Title: Re: WHY IS EVERYTHING CRASHING
Post by: gaston909 on October 02, 2013, 06:05:48 PM
Why oh why oh why do I not have any money in an exchange right now!!!!!!!! Every single time!

My thought exactly! I had just gotten it over to bitmit and bought some stuff THIS MORNING. I wanna buy so bad right now.

I would keep a ton there... but I just know my crappy exchange can get hacked and raped at any time! oh well...


Title: Re: WHY IS EVERYTHING CRASHING
Post by: bythesea on October 02, 2013, 06:44:55 PM
Price is getting up on bitstamp.


Title: Re: WHY IS EVERYTHING CRASHING
Post by: arbitrage001 on October 02, 2013, 06:48:03 PM
30% + down and 30% up in just less than an hour.

A whooping 60% price movement in less than 2 hours.


Title: Re: WHY IS EVERYTHING CRASHING
Post by: bythesea on October 02, 2013, 06:50:48 PM
Sadly I put a price of 70$ for a buy :( Oh well....


Title: Re: WHY IS EVERYTHING CRASHING
Post by: BitPappa on October 02, 2013, 06:54:18 PM
It may be connected to this:

http://wapo.st/1fJ96vv

Yet again, my Bitcoin Keychains used on the Washington Post to represent Bitcoin (good news or bad)!

A bunch of my BTC buy orders have executed, time to set up some new limit orders be ready for what could come the next few days. I'm long Bitcoin, it's all an opportunity as I see it.


Title: Re: WHY IS EVERYTHING CRASHING
Post by: wtfvanity on October 02, 2013, 07:16:22 PM
It may be connected to this:

http://wapo.st/1fJ96vv

Yet again, my Bitcoin Keychains used on the Washington Post to represent Bitcoin (good news or bad)!

A bunch of my BTC buy orders have executed, time to set up some new limit orders be ready for what could come the next few days. I'm long Bitcoin, it's all an opportunity as I see it.

Your image, or just your keychain? How is your image license? I'm all for opensource but if you haven't licensed it that way, go get 'em.


Title: Re: WHY IS EVERYTHING CRASHING
Post by: vpitcher07 on October 02, 2013, 07:22:07 PM
Of course, the day after I buy the market crashes... Just my luck. Luckily it wasn't a substantial amount of money. I think it will recover though - it seems it already has started.


Title: Re: WHY IS EVERYTHING CRASHING
Post by: BitPappa on October 02, 2013, 07:57:37 PM
Your image, or just your keychain? How is your image license? I'm all for opensource but if you haven't licensed it that way, go get 'em.
My keychain and photo! This and other photos of the keychains are creative commons licensed, with the hope and intent media would use the images (as they have been). It seemed to me a handful of images were being used a lot, so I figured there was a demand for new Bitcoin imagery (especially that could be used for free). While I haven't seen much correlation between use of the images on major websites and keychain sales, it's nice to be able to say "as seen on" and then list a bunch of mainstream and Bitcoin-centric websites (CoinDesk.com has used keychain images on a half-dozen articles). But I didn't mean to get too off topic...

As far as the price crash, looks like there's been a little rebound. But who knows what the next few days will bring. Glad to have picked up a few BTC at prices below the current price, but maybe the price will tank more in coming hours/days, and I will wish I would have put in lower-priced buy orders.



Title: Re: WHY IS EVERYTHING CRASHING
Post by: Taras on October 02, 2013, 08:46:31 PM
Why oh why oh why do I not have any money in an exchange right now!!!!!!!! Every single time!
Story of my life


Title: Re: WHY IS EVERYTHING CRASHING
Post by: trkmed on October 02, 2013, 09:18:43 PM
Why oh why oh why do I not have any money in an exchange right now!!!!!!!! Every single time!
Story of my life

+1 :(


Title: Re: WHY IS EVERYTHING CRASHING
Post by: Dot99lr on October 02, 2013, 09:27:18 PM
I bought about 2 hours before it crashed. I was quite nervous for a while. We'll see how the next couple of days go.


Title: Re: WHY IS EVERYTHING CRASHING
Post by: BitPappa on October 02, 2013, 11:44:06 PM
Why oh why oh why do I not have any money in an exchange right now!!!!!!!! Every single time!
Story of my life

+1 :(
How about something like Coinbase, where they pull from your bank account at any time you want to buy? Of course, no limit orders, but good for those times you don't have funds in a "real" exchange, and just want to buy when you think the price is super-low.

Maybe you'll be glad you didn't have money in an exchange if it drops way down, and you can buy even lower. I wouldn't be shocked if it revisited the 60s... or if it doesn't.

I usually use BitcoinCharts.com to look at a bunch of USD exchanges, but it's down right now (I assume, due to bandwidth being exceeded).