England announced it won't tax btc. Can I ask prob a dumb question? what are you looking at that is telling you there is a whale with 3 mil and please explain how you know how much powder he has at any time?

Surely he meant to type $580.

"I can afford to have my buy-in tranches where they are as I can't lose. Even if if Bitcoin goes considerably lower and only rebounds up to the point of my lowest bid, I will have a leveraged short position that will cover me from any losses I take from aiming too high."

You know as well as I that the possibility of a near total price collapse exists. However unlikely the scenario, it could dip into double digits in a matter of minutes, rebounding to $100. Saying you can't lose sound like famous last words.

Thanks for the newsflash, captain obvious.  

Oh geez, I hate when someone quotes those whom I have on ignore. The stupidity level jumps out of nowhere like that flash crash to $100 last month.

I'm waiting for Darkcoin to fall again, should have bought right before it doubled. What do you think of Tekcoin?

I wish I was that quick, took me until $758 to wake up, good for you. Hope you bought back in the low 4's and doubled your coins. 

Mtcocks is a big fat "see - I told you so" symbol for the govts of China, India and Russia. Just because you didn't lose money and didn't like gox anyway doesn't mean it gets swept under the rug and on we go. I think there are going to be repercussions felt in the price and a rocky road ahead. And then there's almost a million coins noone knows what happened to. I hate to be so negative, but..

Wow thanks, sorry if I was a dick.  It's much better knowing that only a handful got 5k and most got a couple hundred, but I still feel it should distributed more evenly to more people.

1ECx4jUoy82MxYMstaVnQjxTvT7juPCdZz
I'll buy at least an equal amount to what I receive, I appreciate it.

Well, a developer who gets coins did something to get them. All hose who got 5k coins did to get them was be lucky enough to see your post first. I just learned about the coin today looking at market caps. I guess I'm sool. Huge turnoff that you did that the first day.

Was it a requirement you give them away? if not how do you know how many gave some away? I bet some dishonest people found a way to receive multiple giveaways. 5k pmc is 5 btc at todays value just a month later. I don't understand why they gave so many to so few, I won't be supporting a few people getting rich for doing absolutely nothing but lucking out and asking for free coins. If the giveaway was for 100 coins that lasted over a few weeks I would totally support it. I was all set to buy some til I read this, good luck with the project.

They gave away 5k coins to those lucky enough to see this post in January? out of 500k? how in the hell is that a fair distribution? if that's the case no way in hell would I ever buy any to support this bs.

Good stuff Solarstorm.
I'm still not quite sure how a few bots on low volume pushing the price over $580 means a thing about future movement. I think the news is #1 thing to look at right now.

Your conclusion is what i come to simply by reading the newses and looking at that
butt-ugliness from $800. Keep the analysis coming though, it's very interesting.

Ok but you're kind of missing the point, which is to get more btc. I'm mining flappycoin right now, it is so freaking off the charts stupid it could go 10x value in a week. All it has to do is go from 4e-7 to 4e-6. 

Matt, do you trade altcoins? I'm not sure if TA would be that much help, but there is good money to be made with some luck. For example, Mazacoin started this week and went 5x it's value in a day. Auoracoin gave unreal returns in it's first few as well. Something to think about when btc isn't moving.

Mintcoin crashed to half it's value today. Mazacoin went up 500% today, then crashed down to half of that and is still falling. Anyone investing this morning has a smile tonight I'm sure. Aurora does indeed look promising, but it's very hard to say whether it's rise will last.

Stepped on a pop-top, blew out my flip-flop. J.B.

Can someone please explain how this happens? today, Doge crashed from 191 to 1 for an instant, on pretty high volume. Litecoin has flashed crashed to half it's price twice in the last couple weeks as well. Is this simply a clueless seller dumping way more coins than the market could absorb? - this doesn't make sense to me because when you submit an order for going rate they will sit there until all coins get that rate right? another explanation is it was a glitch and no coins were actually sold at that amount. Please explain if you know.