Bitcoin Forum

Economy => Speculation => Topic started by: mb300sd on May 29, 2012, 01:50:04 AM



Title: Who took a dump?
Post by: mb300sd on May 29, 2012, 01:50:04 AM
https://i.imgur.com/d1k12.png

15K btc in a couple seconds...

Bitcoinica hacker?


Title: Re: Who took a dump?
Post by: Garr255 on May 29, 2012, 01:56:48 AM
Well they should have put it all into DMC... I'd love to see that company thrive.


Title: Re: Who took a dump?
Post by: ineededausername on May 29, 2012, 02:23:54 AM
Askwall gone.  I suspect that's the reason.


Title: Re: Who took a dump?
Post by: Garr255 on May 29, 2012, 02:32:33 AM
Yeah, now we have to wait to order that mini :P


Title: Re: Who took a dump?
Post by: ZodiacDragon84 on May 29, 2012, 02:58:16 AM
The price is holding fine where its at. What is the problem? No one has posted their loss in the forums as far as I know. This is supposed to be a fairly anonymous currency, yet people can dig into any transaction they want. sounds like the damn government.


Title: Re: Who took a dump?
Post by: ZodiacDragon84 on May 29, 2012, 03:10:13 AM
Don't get me wrong, I love stable rates! I hate how when people move coins for one reason or another, everyone chimes in with wild ass theories of where it went. I have the IRS and banks doing that to me now. Enough of this FUD everytime someone moves some coins is all I am saying


Title: Re: Who took a dump?
Post by: RyNinDaCleM on May 29, 2012, 03:52:26 AM
We've barely had any price action in 3 months. When I... err, someone moves 15k+, people get excited... It happens!
Posting and/or speculating about it is not FUD, it's speculation in the speculation forum. Get over it!  ::)


Title: Re: Who took a dump?
Post by: ZodiacDragon84 on May 29, 2012, 03:54:08 AM
Excitement caused the thirties crash. perhaps we should relax, and enjoy the smooth ride for now?


Title: Re: Who took a dump?
Post by: Garr255 on May 29, 2012, 04:16:43 AM
We're already back up to 5.10.

As I said on irc, this isn't that big of a deal and all will be back to normal by tomorrow :P


Title: Re: Who took a dump?
Post by: FreeMoney on May 29, 2012, 04:48:43 AM
Threads about 2% spikes make me smile.


Title: Re: Who took a dump?
Post by: FreeMoney on May 29, 2012, 07:52:10 AM
Threads about 2% spikes make me smile.

And when a 2.7% spread is exceptional—you can expect to see more defectors from among the short term arbs.

I bet they move to GLBSE and we start to see spreads narrowing there.


Title: Re: Who took a dump?
Post by: hazek on May 29, 2012, 08:34:58 PM
Excitement caused the thirties crash. perhaps we should relax, and enjoy the smooth ride for now?

Are you seriously trying to control and guide a market regulated by strictly it's consumers (i.e. a free market)?


Title: Re: Who took a dump?
Post by: ZodiacDragon84 on May 30, 2012, 12:34:05 AM
Me control the market? You're either funny or retarded! {(I have 1.5 M/hash, so I don't imagine I have any power to do much of anything) Also, not trying to be hostile}


Title: Re: Who took a dump?
Post by: Sitarow on May 30, 2012, 01:22:56 AM
Me control the market? You're either funny or retarded! {(I have 1.5 M/hash, so I don't imagine I have any power to do much of anything) Also, not trying to be hostile}

My guess is that someone used non Mtgox exchange services to trade their currency for Bitcoins with the hope to "use" it as collateral for a product or service and then the recipient of the collateral used "mtgox" service to trade those Bitcoins for USD.

Just a guess. :)


Title: Re: Who took a dump?
Post by: ZodiacDragon84 on May 30, 2012, 01:29:54 AM
Me control the market? You're either funny or retarded! {(I have 1.5 M/hash, so I don't imagine I have any power to do much of anything) Also, not trying to be hostile}

My guess is that someone used non Mtgox exchange services to trade their currency for Bitcoins with the hope to "use" it as collateral for a product or service and then the recipient of the collateral used "mtgox" service to trade those Bitcoins for USD.

Just a guess. :)

I would agree with that assessment.