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Title: slllliiiidddeee Post by: XXthetimeisnowXX on April 03, 2013, 09:14:33 AM down we go bottom will be? about 110? then up we go to 200?
Title: Re: slllliiiidddeee Post by: blksith0 on April 03, 2013, 09:16:19 AM Hush hush, don't tell anyone or more people will start selling!
Title: Re: slllliiiidddeee Post by: tutkarz on April 03, 2013, 09:23:13 AM sell now, regret later. Good luck.
Title: Re: slllliiiidddeee Post by: legitnick on April 03, 2013, 09:23:32 AM bitcoin can only go up, it's called gravity bro.
Title: Re: slllliiiidddeee Post by: XXthetimeisnowXX on April 03, 2013, 09:35:37 AM bitcoin can only go up, it's called gravity bro. oh like a zeplin..... ha! ;DTitle: Re: slllliiiidddeee Post by: XXthetimeisnowXX on April 03, 2013, 09:37:43 AM its funny cuz "cheep" coins are now 120? ;)
Title: Re: slllliiiidddeee Post by: XXthetimeisnowXX on April 03, 2013, 09:40:09 AM see all the what 10 then 20 orders for .2 coins pull the price down on gox? (bitcoinity) they are fast like all at the same time
what is that about? Title: Re: slllliiiidddeee Post by: jubalix on April 03, 2013, 09:46:57 AM I wouldn't sell if it went to 0.0000001
Title: Re: slllliiiidddeee Post by: blksith0 on April 03, 2013, 10:31:33 AM see all the what 10 then 20 orders for .2 coins pull the price down on gox? (bitcoinity) they are fast like all at the same time what is that about? Like when 30 orders pop up with small amounts all the same? Not sure, I feel like those are trading bots or something. Manipulating the price. They're trashing our rights mannn, trashing them! Title: Re: slllliiiidddeee Post by: Synapse_On_Slush on April 03, 2013, 10:58:57 AM They are inflating the price. New bitcoin users come to buy $500 worth of bitcoins and see the 'highest ask' / 'last' at say $135 when if you take away all the "scaffolding" (the hundreds of asks for 0.01 BTC with increments of $0.025) it would actually be like $125.
Sadly the "newbie" bitcoin users doesn't know that the recommended ask price on mt.gox of $135 is actually erroneous and should really be much lower (such as $100 considering its nearly all "scaffolding"). So proper orders are being foolishly placed ontop of this "scaffolding". They end result being the newbies inadvertently, and independently peg up the price high. And so more scaffolding is build up on top of that. It's a vicious cycle and wont stop untill newbies learn to look at the deep market orders. Sadly MT.Gox keeps that hidden and unless you have half a brain and google for it you'll just take what mt.gox shows you and place a bid foolishly. (*source: I did this when I first bought some BTC :p) p.s. "Scaffolding" is a term I invented last night after 4 hours of watching the price go up in huge jumps with only a few actual purchases of (> 20BTC) appearing between rises of $2 from empty 0.01BTC orders acting as inflatory filler. Title: Re: slllliiiidddeee Post by: Piper67 on April 03, 2013, 12:23:08 PM shit, we crashed all the way down to 139 ;D
Title: Re: slllliiiidddeee Post by: NamelessOne on April 03, 2013, 12:23:39 PM shit, we crashed all the way down to 139 ;D The horror, the horror! ;D :DTitle: Re: slllliiiidddeee Post by: lebing on April 03, 2013, 01:07:56 PM Title: Re: slllliiiidddeee Post by: Britainacoin on April 03, 2013, 01:08:53 PM The card's already expired. Title: Re: slllliiiidddeee Post by: humanitee on April 03, 2013, 01:10:29 PM down we go bottom will be? about 110? then up we go to 200? +1, exactly what I think. Getting pretty thin on the bid, 10k pushes us down to right around $117. If fiat mountain experiences continual tectonics, we might just go straight up. I'm hoping we don't. Title: Re: slllliiiidddeee Post by: SlaveInDebt on April 03, 2013, 01:13:30 PM [img]http://www.proverbs66.com/wp-content/uploads/SS-credit-card-bear-trap-1024x768.jpg[img] The card's already expired. Cryptic http://youtu.be/BZpUp4Tl-1s |
