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Available asks are at their lowest point since August 2012.
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And to think at $88 we were discussing which would happen first: this thread to 1,000 pages or BTC to $100. Well BTC won by 100 lengths  I always said that the Wall thread was a scam and would fail compared to BTC! |
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Hmm not just bitter but also hostile.  If that's how you choose to interpret my lulz. I think most others find me at least mildly amusing. |
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I hope that people who sold in the first flash crash and lost thousands lost a few thousand more trying to catch this wave to make up for it.
Oh come on where is your enthusiasm? I'm very enthusiastic at the prospect of these weak hands becoming weaker. I am less enthusiastic about them wasting my time  Don't be bitter, the delusion phase has just started. Are you planning on taking medication for it? |
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I hope that people who sold in the first flash crash and lost thousands lost a few thousand more trying to catch this wave to make up for it.
Oh come on where is your enthusiasm? I'm very enthusiastic at the prospect of these weak hands becoming weaker. I am less enthusiastic about them wasting my time |
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I hope that people who sold in the first flash crash and lost thousands lost a few thousand more trying to catch this wave to make up for it.
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I do believe that 185 wall vanished. We'll see where it went when Gox catches up with the future.
You just hit a new level. Believe!  New level of manliness? |
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I do believe that 185 wall vanished. We'll see where it went when Gox catches up with the future.
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So is the $180 price or the $188 price correct? And is there some reason why a ton of bids disappeared all of a sudden? ... I'm so confused Looks to actually be around 185 atm. |
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Well, I guess someone decided 180s would be their final stand. Good riddance to bad rubbish, eh  |
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So, after a highly obnoxious and unnecessary delay it looks like we are back to where we were this morning. About 12k BTC until 200.
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crap, missed the dip. Stupid work  We're still in the dip, so not too late |
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yes, for all you newbies looking at this and the "crash" the media reported last week, think about trying to trade this. For example, you could sell at the ATH, and keep the money in USD with a bid trailing the ATH by (say) 10%. But if you do that, you miss the normal weekly runup, in this case from $140. So this catch-the-dip strategy nets you half the profit as buy-and-hold. But the risk profile of fiat-on-exchange is pretty similar to btc-on-exchange so the risk reduction is not worth the profitability loss. And traders can't reliably react to a dump (sell then buy) due to the lag.
This should be printed on cards and issued to all newbies. |
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Hey, I have a naive question about this whole DDOS thing. Would it help if Mt. Gox doubled (or x10) the number of servers they have? Even an extra 100 machines can't be that expensive (probably ~$200 K).
Well, I don't think adding any X number of machines would help with a DDOS as the line would still just be as clogged. But it doesn't matter as the DDoS excuse is just MtGox trying to cover for it's failure to have a decent database. |
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The Chinese will thank bears for their coins.
This. +1 |
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There is one thing about these high lag dump then rebound scenarios I enjoy: Seeing the bad bears who are about 30 mins too late and they dump right into a huge rally. Too slow, ya jergoff.
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So, now it's a race to see who can spam the buy button the fastest?
I sincerely hope that everyone who sold lost thousands of dollars.
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Darn, it's stabilizing at 182 A whole 2 hours to get back up again. I lied, it is still shallow. The buys within 10 or so dollars of the current price is always shallow. Just kinda how it is. |
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Another strong rally stopped cold thanks to the incompetence of the folks at Mt. Gox.
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190 was so nice people wanted to buy it twice.
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