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1201  Bitcoin / Bitcoin Discussion / Re: [WTF] MtGox moving ~432k BTC (4 to 12 million $) to a single address ! on: June 12, 2011, 08:53:28 PM
Thats a hell of a lot of BTC just to have earned from transaction fees, he must be trading as well to make that much. I don't like the idea he's trading because he has a huge advantage over everyone else.
1202  Bitcoin / Bitcoin Discussion / Re: [WTF] MtGox moving ~432k BTC (4 to 12 million $) to a single address ! on: June 12, 2011, 08:46:25 PM
How do you know it's MT.gox?
1203  Economy / Economics / Re: stalemate on: June 12, 2011, 07:32:28 PM
Mt.Gox is down i think
1204  Economy / Trading Discussion / Re: Whats wrong with MTgox? on: June 12, 2011, 07:17:58 PM
Can we get some conspiracy theories going while we wait? Lulzsec, Satoshi dumping millions? Smiley
1205  Economy / Economics / Re: MtGox huge buy on: June 12, 2011, 04:39:12 PM
Kind of a shame it's destroying the integrity of the currency as an actual currency really. I really hate people who agree with this sort of thing. Bitcoin isn't going to get popular acceptance by any major company if its jumping around like a kangaroo riding a pogo stick while on crack.

A market with lots of first time traders, product which is very hard to value, small market cap, it's perfect for someone who has the money to play with.  I didn't say I agreed with it.
1206  Economy / Economics / Re: MtGox huge buy on: June 12, 2011, 04:09:16 PM
The market is being played like a fiddle by someone. Down 60% one day, up 50% the next, Insanity! But great fun
1207  Bitcoin / Bitcoin Discussion / Re: Monday morning rally for real? on: June 12, 2011, 10:47:30 AM
Depending on the closing price today I think we might see a small rally on Monday. People will have the perception that if it was worth $30 a few days ago then it's got to be worth more than it is now. The ability to hold that price will be based on the amount of new investors and what the large holders decide to do.
1208  Bitcoin / Bitcoin Discussion / Re: My new Video on: June 11, 2011, 11:02:22 PM
brilliant
1209  Economy / Economics / Re: Don't SELL !! on: June 11, 2011, 10:29:02 PM
Yes, in the 4 digits. I expect price to rise to 16 within 20 minutes, or more. Then it's sell time again.

Did you sell @ 16? Good call if you did.
1210  Economy / Economics / Re: Don't SELL !! on: June 11, 2011, 10:14:59 PM
lol @ the britcoin order book. £23,708 to sell £293 to buy
1211  Economy / Economics / Re: Don't SELL !! on: June 11, 2011, 10:00:26 PM
Someone didn't listen.

1212  Bitcoin / Bitcoin Discussion / Re: conspiracy about today's crash on: June 11, 2011, 09:14:25 PM
The forum was unavailable to me too during the crash. Just out of curiosity who hosts these forums?

http://www.reddit.com/r/Bitcoin/comments/hx510/is_the_bitcoin_forum_down_for_anyone_else/
1213  Bitcoin / Bitcoin Discussion / Re: So when will the drop in price stop? on: June 11, 2011, 08:52:36 PM
at this point, i honestly don't think the hype is going away in a couple of weeks.  maybe in a couple of years...
Hype doesn't last for years, reality sets in after a while.

And just what is your motive for telling us that everyone has a motive?    Grin
hmm what is your motive for asking me my motive about revealing everyone has a motive?
1214  Bitcoin / Bitcoin Discussion / Re: So when will the drop in price stop? on: June 11, 2011, 07:34:12 PM
mintaka speaks the truth, there will probably be a rise on monday, however if you do buy then you should be looking to get out fairly quickly as I don't think it will be sustained for long. If your looking for a long term investment wait 2 weeks+ until the hype subsides. Also everyone on this forum has a motive, including me, so make sure you do your own research.
1215  Bitcoin / Bitcoin Discussion / Re: What`s going on with the price? on: June 11, 2011, 05:33:55 PM
lol..awesome..thanks for that piuk, you're da man!

Those screenshots will have historical value - keep them safe somewhere Smiley

Smiley similar pattern emerging again, fascinating to watch.
1216  Bitcoin / Bitcoin Discussion / Re: What`s going on with the price? on: June 11, 2011, 04:58:10 PM
Damn, I wish I had a video or some screenshots of that happening!

It went down something like this:

Big buys supporting price
https://i.imgur.com/0AMNy.png

Remove said buys and add a sell (soon after the buy @ 16 also disappeared)
https://i.imgur.com/6qhAK.png

Watch people panic
https://i.imgur.com/3W95k.png


1217  Bitcoin / Bitcoin Discussion / Re: What`s going on with the price? on: June 11, 2011, 04:37:41 PM
May I ask how you know this? Were you watching the price feed when this happened? I wish I could've seen that in action if what you say is true.

However, I'm surprised this supposed early adopter dumped so many all at once. Wouldn't it have been much smarter if he sold in small amounts over a period of time.

I was watching and It looked like several big buy orders were cancelled and then someone dumped a large sell at the same time. Clear and successful attempt to cause a selloff.
1218  Bitcoin / Bitcoin Discussion / Re: I'm ALL in! on: June 11, 2011, 03:02:11 PM
Stil feeling confident triforce?
1219  Economy / Economics / Re: How high can bitcoin go in the next 2 years? on: June 11, 2011, 11:40:34 AM
Like most small cap stocks the short term value is going to be directly related to the volume of news. I think we'll see a slow decline to about $10, until the next big event happens (Big merchant accepting bitcoins, Silk road 2.0 etc). In the long term, if people actually start using bitcoins as a currency, the sky is the limit (but i'm not seeing a lot of evidence of this happening at the moment).

Just my 0.02bitcent
1220  Bitcoin / Bitcoin Discussion / Re: price stagnation on: June 11, 2011, 09:54:13 AM
2,935 BTC order @ 20 today. Place your bets, is it real or not?
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