Bitcoin Forum

Seriously?  ???

Now I'm disappointed. This has got to be the most anticlimactic bubble ever. Less than 50% price gain over the last bubble, followed by a crash not only smaller in % terms, but smaller even in flat $ terms. Gox didn't even get DDOSed, for god's sake. Worst. Bubble. Ever.

what do you expect? BTC is a lot more stable now.. more infrastructure, new market in china and with possible major players coming in from china. every bubble and crash should get smaller and smaller.

Don't worry, bull traps are normal during a bubble pop.

Even botnets stopped using Gox ;)

Why say it now? This could have been a correction along the way up, it could have been the initialization of a bubble pop.. who knows?

Its like if someone said most boring bubble ever at the last main correction ~270. What happened next? Runup to $395.

What's wrong with Mt.Gox? I'm only ~20 days into Bitcoin, not yet trading (now collecting dust here and there)

in short. Banks hate them

So where do you all guys trade your coins, Coinbase?

I trade on BTC-E. There is lower liquidity there, generally, than Gox or Stamp, and panic usually sets in pretty fast there. It can make for a nice quick BTC profit on days like today.

HAHAHAHA thanks for the laugh

What ways do I get money there and out of there (USD&BTC)? Do they work with paypal or only american bank accounts are allowed?

It's Russian. I'm not sure on the options.... I think they take OKPay, EgoPay, some other things like that. I've never tried to use services like that. I would just trade P2P for BTC or BTC-E code.

Surely, I wouldn't trust them! ;D
There was an exchange which ended with the owner running away with the money, lol (there are a couple of topics here)...

In Russia, the exchange trades you.

In Soviet Russia, lol... ;D

That was a pretty lame crash.

I hope this short stable period is either a bull trap in disguise, or this whole thing was a uber-clever bear trap and we'll be hitting the next leg up on Tuesday.

Not sure. It will need a few more days to tell.

The "crash" may not be over yet. It could be setting itself up for another leg down. It could also be getting ready to move much higher preparing for an even bigger crash.

Either way, I'm loving this volatility.

has anyone a screenshot of the last 12h?

bitcoincharts.com is down and the others dont work on OperaMini

tradingview.com has phenomenal charts.

https://www.tradingview.com/e/?symbol=MTGOX%3ABTCUSD

The best action is on BTC-E, fast falling and fast climbing, generally faster the other exchanges.  the place rocks :)

does not work too, need something withou JavaScript :(

im on a train, a real one, choo choo!

Maybe you're expecting a $100 crash. Hahahaha.

Low liquidity usually means that the execution of an order may take too long (and there is too wide a spread), so it may happen that when you actually should buy, you will instead be selling and vice versa...

Oh fair enough.

Then it looks like your out of look.  :P

If you're willing to trust a stranger technical insight. BTC is due for another leg out. Pull out and wait on the side for a while.

We may be in for another "leg" down, but I don't think that it can be anything very significant. Maybe we can fall another 10%, but I think the chances of getting below $266 again is pretty much 0 at this point, so just trying to get that 10%, when you could be looking at 20% - 30% upward moves, even in the short term without breaking a new ATH, is sort of silly.

Current price of BTC is 300 at Mt Gox.

A 10% correction will bring us to 270. That's dangerously close to the 266 number you just predicted there's 0% of going under. Is it possible? Sure. I personally just think calling tops and bottoms is quite foolish. No one sincerely knows the bottom or top. It's far better to follow the general direction and trend and at the moment until it reverses, that trend is down.

lmao, this is a good sign my friend.





Indeed, sir, indeed. But it is fun! And then we can hold people to it  8)

Ok? We haven't even stayed sub 300 for any period of time that isn't silly. Just give the bids & asks some time to fill in. We're staying right about here for a while now.

btcharts is up again. looks creepy! waiting for Monday...

I'm so glad someone gets it.

AAA+++!!! very amusing, would read again.

Don't worry, the bubble has only just started.

To swell? ;D

Uber-clever?

Seems more like a typical average bear trap to me.

Big rise, normal correction, and a few bears turn into Chicken Little.

Meanwhile it seems to be forming a triangle, ready to move on up again.

Where is the triangle. I just see range trading.

worst, crash, ever

Yeah this is still a pretty lame crash. What's it gonna do, hang around in the 300s for a while just to scare us, then shoot on up again? Or *gasp* "CRASH" all the way down to two fitty? I mean, come on, Bitcoin, you can do better than this. Give us something that will make even the seasoned folks shit their pants, whether it's down or up. 

EDIT: Straight down to double digits or straight up to quadruple digits. Doesn't matter which. THAT's the bitcoin we know and love.

EDIT 2: Tomorrow's warmonger appreciation day in USSAmurr'ka. (The newspeak for that is Veteran's Day. How nice!) Celebrate by wiring some oil/war/blood money to an exchange, we can start the next rally on thursday.

I would, only in celebration, the money wire lines are apparently dysfunctional.

that wasn't the crash, it will be much harder and from much higher, coming fairly soon, give it time to run up.  :D

It looks like the crash, and it sort of felt like the crash, as there were random people coming out of the woodwork saying idiotic stuff like "ITZ GOING 2 150!!!"

Also btce follows gox moves exactly. So all you need to do there in order to trade is watch clarkmoody. On other exchanges it's not quite as easy.

Aha, you also need liquidity, read a fool who will buy from you/sell to you (provided you're not the one in the first place)

http://i664.photobucket.com/albums/vv10/JimboToronto/btcpennant.jpg (http://s664.photobucket.com/user/JimboToronto/media/btcpennant.jpg.html)
Looks like a classic flagpole and pennant to me.

During the actual crash, most of the retards who are currently perma-bears will have converted to bulls right at the top, so there will be a lot more denial.

There wasn't enough denial this time around. So we're going back up  ;D

Looks like plain old range trading from me, with retracement.

Seriously, the floor is like, a floor. There is no incline or decline. You could argue there's a declining top in this graph, except we sorta just broke that triangle just now. Also volume doesn't support the triangle.

I have a feeling we are all in for a big surprise in the next 3 weeks :D

Just dont use MtGox

But why and what are other options? ???

We just crashed to the all time high. These days crashes are very weird.

Crashed?! Lol... ;D

Yes, folks... THAT WAS THE "CRASH."  ::)

Also, I was wrong. I said $400 on Tuesday. It's Wednesday and Gox sits at $400.70 as I type this.

Go Bitcoin!

Not the crash... not yet... just a 50% correction from it's last surge.

We are about to see it break its all time high.  It's gearing up for another run...

But the crash will come.  Now's not the time to buy.

I stake at 500$