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Title: extra long weekend = extra big dip! Post by: adamstgBit on April 28, 2012, 05:00:03 PM its over guys... short all the bitcoins! MtGox is not taking deposits for a week!
https://bitcointalk.org/index.php?topic=78244.0 Title: Re: extra long weekend = extra big dip! Post by: Technomage on April 28, 2012, 06:16:57 PM This does explain a lot.
Title: Re: extra long weekend = extra big dip! Post by: phorensic on April 28, 2012, 06:23:21 PM Oh you gotta be shitting me. I just reversed my position..in the other direction. Well, since it's wire deposits only, lets hope the guys who do big wire deposits aren't going to eff the price up too much.
Title: Re: extra long weekend = extra big dip! Post by: Technomage on April 28, 2012, 07:01:42 PM This doesn't mean the price will crash to nothingness. There is a hell of a lot of money at Mt. Gox both in the orderbook and most likely a lot more outside the orderbook. But it does cause pressure to go down, for sure. It's interesting to see how low it goes.
Title: Re: extra long weekend = extra big dip! Post by: Technomage on April 28, 2012, 07:17:50 PM Also, this slow period is next week. What we're seeing now is the slow week getting priced in. So it doesn't necessarily crash that much next week even if the inflow of money is weak because the effect could be priced in fairly well. But I guess we'll see.
Title: Re: extra long weekend = extra big dip! Post by: adamstgBit on April 28, 2012, 07:33:59 PM @Technomage
what is www.bittiraha.fi Title: Re: extra long weekend = extra big dip! Post by: Technomage on April 28, 2012, 07:39:59 PM @Technomage It's a Finnish language Bitcoin portal, that has not yet been published. There is only a teaser page and a link to our forum which has been published already. The portal will have a wide variety of features, basically everything a Bitcoin user needs. Our plan is to attempt breaking Bitcoin into the Finnish mainstream during this year and the next. I think Bitcoin is getting ready for it. We're also putting some serious marketing effort into it, this portal is built in a way that it provides a lot of info and help to people who don't know anything about Bitcoin. There is a real company behind it also, which I've founded.what is www.bittiraha.fi Title: Re: extra long weekend = extra big dip! Post by: adamstgBit on April 28, 2012, 08:11:07 PM @Technomage It's a Finnish language Bitcoin portal, that has not yet been published. There is only a teaser page and a link to our forum which has been published already. The portal will have a wide variety of features, basically everything a Bitcoin user needs. Our plan is to attempt breaking Bitcoin into the Finnish mainstream during this year and the next. I think Bitcoin is getting ready for it. We're also putting some serious marketing effort into it, this portal is built in a way that it provides a lot of info and help to people who don't know anything about Bitcoin. There is a real company behind it also, which I've founded.what is www.bittiraha.fi so like weusecoins.com but for the Finnish language. cool Title: Re: extra long weekend = extra big dip! Post by: blablahblah on April 28, 2012, 10:06:44 PM Did somebody say cheap coins? :P
*fortifying personal buy wall* |