If I was rich, I would buy lots of bitcoins till I get a million, then buy slower. I wouldn't care what the price does. |
|
|
|
CaptchaCoin - earn blocks by solving captchas and bot detector type questions taken from free email signup pages. The new email addresses are then used by the network to send spam emails soliciting "investment" in the new currency.
Make this and I will invest! |
|
|
|
CaptchaCoin - earn blocks by solving captchas and bot detector type questions taken from free email signup pages. The new email addresses are then used by the network to send spam emails soliciting "investment" in the new currency.
I actually like this one! |
|
|
|
|
It had climbed to 7.50. Then Firefox running MtGox Live froze so I had to close and restart. When I reopened it, it had fallen to about 6.90 and showed about 10,000 volume just sold.
|
|
|
|
|
Anyone know? Whenever there's lots of trades, Firefox freezes up. Enough trades and it gets stuck that way even if I unplug my my modem and I can only close the browser and restart. My computer has 4 gigs ram and 2.8 Ghz CPU so it's fast enough.
|
|
|
|
|
That isn't what it looks like to me. He is testing the selling power. He managed to push it up from 6.40 to 7.50 and then he dumped 10,000 coins and now they're sitting there. If it collapses lower, he will be back. If starts climbing, he will jump in and the price will soar.
|
|
|
|
Bought at $7.10 (long standing bid, over a week ago) and rued the fact that price kept falling. Alas, some kind soul pumped the price up to a $7.50+ spike today and that's where I sold. $6.90 now.
Will buy again.
Price would be in $9 if someone hadn't sold 10,000 at 7.50 down to 6.90 and now it has been stagnating, but not falling. |
|
|
|
Is someone's tradebot having a meltdown?
Why do these bots trade back and forth at basically so near each other the trade fees cancel out any possible profit? Because the feeling of powerlessness is much more palatable if you assume (invent) a powerful agent. I don't get it? Is Mt. Gox doing this to make investors feel powerless? No, you are doing it to yourself so that you don't feel so powerless. You are staring at the static of a dead TV channel (if you are old enough to remember those) and seeing the devil. You lost me. The devil is the one who made bitcoins rise, after a bidwall at 6.66 with only 2500 coins made it really. I think you're saying people make these trade bots do all these trades that only make them lose money with trading fees so they feel powerful. |
|
|
|
It wont, unfortunately. Unless we see a new flood of investors or the (bitcoin) economy as a whole grows a ton.
People sold their coins cheap. These people who bought it aren't going to sell until they're sure it reaches the top. So there's less coins on the market. |
|
|
|
|
It turned around with a buywall of 3000 coins at 6.66. This buywall dissapeared but the price kept rising. Then they stagnated, but they never fell below 6.66 ever despite nearly going down. Then a miracle happened and a buywall appeared at 7.71 and then the price got surging.
The price is nearly at $8 now
But the most interesting thing is the buywall is back, at 6.66 and it's at 11,000 coins and climbing.
It really seems calling on divine intervention (the devil in this case) worked.
Lesson learned: Satan helps bitcoins.
|
|
|
|
If miners have to solve captchas, i would quit mining and never look at bitcoin again.  Gmail uses visual captchas that are human unreadable, but there's software that can read them at 97% accuracy. So it won't be a visual captcha. |
|
|
|
|
Bitcoin prices are based entirely on speculation. People have been waiting for it to go back up and now it has, they are all buying it. I hope it will go up to $14.
|
|
|
|
If $7.10 is broken there is not much to keep it from going to $7.80.
Someone made a bidwall at 6.66 and this is what made it go up. It is satan's influence on the bitcoin. |
|
|
|
Is someone's tradebot having a meltdown?
Why do these bots trade back and forth at basically so near each other the trade fees cancel out any possible profit? Because the feeling of powerlessness is much more palatable if you assume (invent) a powerful agent. I don't get it? Is Mt. Gox doing this to make investors feel powerless? |
|
|
|
|
So you have to use a wallet website for bitcoins? That's a problem. Websites typically only accept so many wallet websites and normally a few big ones control the market and then the government controls them. Bitcoins must be free of the government and so the wallet website stuff needs to be coded in to the next alternative.
|
|
|
|
|
So much for my dream of $2. Welp maybe this weekend it'll crash again. I'm back in.
|
|
|
|
|
But how do you know when it's about done falling and some big buyer is going to jump in by surprise?
|
|
|
|
Is someone's tradebot having a meltdown?  Why do these bots trade back and forth at basically so near each other the trade fees cancel out any possible profit? |
|
|
|
|
1) It stagnates for a long time, unable to climb.
2) Then it falls.
3) Suddenly without warning, a huge amount of coins are bought.
4) The price soars
5) The price stops increasing
6) Go back to one.
Am I right?
|
|
|
|
|
Show Posts
