evolve (OP)
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March 12, 2013, 07:10:46 AM |
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An $11 price drop in around 2 hours? That is insanity, even with a price recovery.... ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2Flgi2w.gif&t=665&c=5DVyqr4Z-FsB0w) ...you should all probably panic. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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rpietila
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March 12, 2013, 07:37:20 AM |
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I totally and wholeheartedly agree. We are going to single digits for sure. $20 is the interim target.
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HIM TVA Dragon, AOK-GM, Emperor of the Earth, Creator of the World, King of Crypto Kingdom, Lord of Malla, AOD-GEN, SA-GEN5, Ministry of Plenty (Join NOW!), Professor of Economics and Theology, Ph.D, AM, Chairman, Treasurer, Founder, CEO, 3*MG-2, 82*OHK, NKP, WTF, FFF, etc(x3)
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rpietila
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March 12, 2013, 07:38:16 AM |
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See, I'm trolling with the idea of going to $20, like a boss, lol
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HIM TVA Dragon, AOK-GM, Emperor of the Earth, Creator of the World, King of Crypto Kingdom, Lord of Malla, AOD-GEN, SA-GEN5, Ministry of Plenty (Join NOW!), Professor of Economics and Theology, Ph.D, AM, Chairman, Treasurer, Founder, CEO, 3*MG-2, 82*OHK, NKP, WTF, FFF, etc(x3)
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zyphus
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March 12, 2013, 07:46:35 AM |
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I agree, this is going to freefall any second now, they have been trying to keep it up by using bots to steady the price, you can see the type of functions used are very non-human like. The sad part is that it's not play money for everybody, some people actually believe in this and have invested hard earned money, so sad : /
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blackreplica
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March 12, 2013, 08:00:48 AM |
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![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fimages.wikia.com%2Fvampirediaries%2Fimages%2Fe%2Fe2%2FHow-about-no-bear.jpg&t=665&c=zC11KYIxROmVPA) Even the bears (the real ones, you know, with paws and stuff) disagree
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zyphus
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March 12, 2013, 08:02:27 AM |
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aw how cute, but the bear meme means nothing, not until people with thousands of bitcoins stop messing with the market. its a currency not a stock!
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Le Happy Merchant
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March 12, 2013, 08:05:04 AM |
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An $11 price drop in around 2 hours? That is insanity, even with a price recovery.... ...you should all probably panic. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Yes, panic to buy.
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zyphus
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March 12, 2013, 08:08:34 AM |
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panics are a natural response to loss (damage control) which also open new doors to investors willing to pay the price at that time, however, when an individual has any significant control of ANY kind over a market of this size time is of the essence and only that individual knows when and how much it will rise/drop. That is called manipulation and its no fun, also people will and already have begun to lose trust in bitcoin, now it's just a matter of time... so buy everything you think will make profit only to find yourself with a wallet full of useless coins one morning ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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dave111223
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March 12, 2013, 08:14:19 AM |
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Got out at 44.5, 25 buy back for me ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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zyphus
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March 12, 2013, 08:19:38 AM |
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SELL! SELL! SELL! SELL! SELL!!!!!
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randrace
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March 12, 2013, 08:21:15 AM |
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I agree, this is going to freefall any second now, they have been trying to keep it up by using bots to steady the price, you can see the type of functions used are very non-human like. The sad part is that it's not play money for everybody, some people actually believe in this and have invested hard earned money, so sad : /
Turn that frown upside-down!
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crazy_rabbit
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RUM AND CARROTS: A PIRATE LIFE FOR ME
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March 12, 2013, 08:25:18 AM |
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I agree, this is going to freefall any second now, they have been trying to keep it up by using bots to steady the price, you can see the type of functions used are very non-human like. The sad part is that it's not play money for everybody, some people actually believe in this and have invested hard earned money, so sad : /
Turn that frown upside-down! An $11 price drop in around 2 hours? That is insanity, even with a price recovery.... ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2Flgi2w.gif&t=665&c=5DVyqr4Z-FsB0w) ...you should all probably panic. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Looks like that is in progress. Database Access Error at Gox. :-(
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more or less retired.
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dave111223
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March 12, 2013, 08:27:50 AM |
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How low will it go? Anyone able to get the Mtgox live up?
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zyphus
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March 12, 2013, 08:30:46 AM |
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I have it up, its painfull to watch if you have no fiat LMAO... its @ 40.7 and dropping : /
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Ichthyo
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March 12, 2013, 08:33:17 AM |
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just stay put and wait until the dust has cleared.
You'll never be able to get out with any sensible result if you try to react on a quick market movement.
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zyphus
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March 12, 2013, 08:34:20 AM |
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probably the best advice I have heard, thanks and finally someone that does not lie.
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evolve (OP)
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March 12, 2013, 02:31:09 PM Last edit: March 12, 2013, 02:44:38 PM by evolve |
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Fucking A....MtGox is useless, especially during crashes (which I am sure is just a coincidence ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) ). After the dust settles and we are back in single digits (or wherever we end up), I'm moving everything to bitstamp or somewhere.
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piramida
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Borsche
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March 12, 2013, 02:55:06 PM |
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mtgox is completely tradeable if of course you are not trying to do panic selling or buying. orders are executed in the order they were created.
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i am satoshi
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evolve (OP)
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March 12, 2013, 04:59:25 PM |
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mtgox is completely tradeable if of course you are not trying to do panic selling or buying. orders are executed in the order they were created.
I'm doing neither. An hour long lag like there was earlier this morning is ridiculous for an exchange, period. It would piss me off even more if I'd had my bot on (because it wouldn't have allowed me to trade or my bot to move with the market). Matching and executing orders in a timely fashion is their job, and the fact that they fail to do this on every crash makes it look like they are trying to prop up the market.
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RodeoX
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March 12, 2013, 05:01:43 PM |
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Yes, please do panic sell your coins! I will have them waiting when you are back to panic buy. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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