It would just be so awesome if he hadn't. With so much money bet against bitcoin I would like to see him lose it all.
yeah i was liquidated. pip in pip. nice shot zhoutong. second time you manipulate the market, first time you gave me spread refund for your games. he thinks he can get away from this crime that's what you get for bragging on the forums  nice fucking job mate. |
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Amazing to watch this haha, I managed to buy 200btc at bitcoinica @ 6.03 while mtgoxlive said it was 6.95, so I'm going to sell those with at least a profit  I zhoutonged Zhoutong or at least mtgox mtgoxed zhoutong lol goxing zhoutong? |
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It appears to have been real.. gox reporting 6.95 high
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Giant buys are being placed, then canceled.
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Lost $1900 with min price at $5 while at the dentist... stop loss at 5.80 never triggered and now we're back to $6.50+ fuck everything about this market.
Holy shit you make my loss look like nothing, I'm sooo sorry dude. Fuck this market. almost makes me want to turn into a communist xD |
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ITS K GUYS ITS GOING UP AGAIN YOU CAN SEE THE LIGHT AT THE END OF THE TUNNEL NOW!
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Cheer up, and never surrender. |
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trying to smile, but  |
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I wouldn't blame the people who made this happen, it's just as much if not more the fault of the people who lost their money going long leveraged at Bitcoinica because of the Good Wife episode. The sharks simply took advantage of this and profited. I hope people learn from this and understand that it doesn't require a fortune to do this in the Bitcoin market. This will always be possible in the future, be very careful when doing anything leveraged.
Bitcoinica is turning me back into a long-term bear. The fact that this will always be possible with bitcoinica is a good reason not to trust bitcoin as a good medium of exchange or store of value. Newcomers to bitcoin should understand this, and I think if they do, they probably won't jump in. It's possible both ways, and will even out in the long term. What brought us down also brought us up to $7.22... |
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A load of btc were dumped onto the market, but there hasn't been a fundamental failure in BTC to cause it.
Which doesn't change the short term outlook at all. I'm always a long-term bull. edit: I think this crash sort of gauges the relative strength of different price factors: Weak factors (short term): fundamentals like exposure, adoption, new businesses etc Very strong factors (short term): Bitcoinica leverage, the Manipulator, technicals |
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I was so wrong.. and right at the same time. I spotted a massive selloff a few days ago (PSAR, textbook head and shoulders, and triangle formation), but the run up to $7.2 made my emotions get in my way. I made the mistake of thinking that it would actually break (and many other people also did). I am sure that if it had gotten past 7.2, it would have gotten to 10, but that's not what happened, and I was wrong. Several times I came close to shorting, or posting threads saying "rally now or never... looks like never at this point," but never had the heart to do so when it looked so strong. At least I suffered no losses on the market... because I wasn't in it derp. |
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screwed. I'm out of BTC for good. except maybe when I need some to buy something.
You let a price drop kick you out of Bitcoin? ... Oh well, guess we're weeding out these folks. |
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Well folks, end of the rally. Nothing to see here, move along  |
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God, this project has had to overcome hacks and insecurity and now we've got to overcome Z's ridiculous service.
haha +1 |
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Wow...
Anyways, we've seen these crashes before, and we'll bounce back... eventually. Who knows when.
Get ready for a bearish January!
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lol this is awesome. bitcoinica wins the internet. he stole all your shit and left
hahahaha Bitcoinica probably has an asterisk now.. let me check |
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holy shit. good thing I didn't have a long position  |
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ruh roh giant crash. This has broken the main trendline and we're looking at a sustained market reversal.
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She is swinging back up from the $6.20s, which has been the take-off point recently.
All aboard everyone for the ride up to $7.xx once again.
and it better fucking break out this time or i will smash something with a large object |
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