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Author Topic: BTC CRASH 23/03  (Read 2801 times)
MIST514
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March 23, 2013, 09:32:46 AM
 #1

Having a small heart attack. The price of BTC's just plummeted !!!!! I guess some big holders liquidated. A few new millionaires made today.

http://i25.photobucket.com/albums/c68/patrikov/free-steveo.jpg
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March 23, 2013, 09:33:53 AM
 #2

Uh, I just see this a perfect opportunity to get coins below $60.

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MIST514
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March 23, 2013, 09:39:08 AM
 #3

Yeah it is but I'm in Australia. My BTC provider only allows cash deposits at the banks. Its almost 8pm here, banks are closed. Otherwise I woulda bought

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zedicus
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March 23, 2013, 09:44:40 AM
 #4

Crash Really.. what is this DIGG! No title sensationalism ...
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Stikaz
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March 23, 2013, 09:53:16 AM
 #5

It's been kinda emotional to see the roller coaster going that fast on his way down within few minutes. I hated that shit when I was a kid and now that's even worst with my money  Angry
XXthetimeisnowXX
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a wolf in sheeps clothing. suckerfish


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March 23, 2013, 09:54:30 AM
 #6

hi all, just wanted to let you know about this site in stead of mt gox .....its a bit better than the laggy mtgox imo Cool

http://bitcoinity.org/markets?currency=USD&exchange=mtgox
Kato
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March 23, 2013, 09:56:50 AM
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Births are always painful. If anybody can't handle it, shouldn't have got pregnant. Cool
Stikaz
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March 23, 2013, 09:58:18 AM
 #8

hi all, just wanted to let you know about this site in stead of mt gox .....its a bit better than the laggy mtgox imo Cool

http://bitcoinity.org/markets?currency=USD&exchange=mtgox

Oh yeah u right. Thx for sharing this excellent dashboard which is a way better to monitor Mt Gox as the data are displayed instantaneously.
imbladednow
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Woking as a binman sucks.


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March 23, 2013, 10:08:53 AM
 #9

I believe no need to panic, through saturday and sunday no new wire transfer comming it, thus not so many buys. It will start going up at Monday.

I need crypto in my life and garbage out of it.
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March 23, 2013, 10:10:57 AM
 #10

It's been kinda emotional to see the roller coaster going that fast on his way down within few minutes. I hated that shit when I was a kid and now that's even worst with my money  Angry
Then maybe you shouldn't have put your money into a volatile and speculative asset? Emotions have no place here. Personally, I love this shit. Sell at the top, buy back at the bottom: easiest money I ever made. Well, I guess holding gains are easier, but this is more fun. Grin

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Stikaz
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March 23, 2013, 10:19:44 AM
 #11

It's been kinda emotional to see the roller coaster going that fast on his way down within few minutes. I hated that shit when I was a kid and now that's even worst with my money  Angry
Then maybe you shouldn't have put your money into a volatile and speculative asset? Emotions have no place here. Personally, I love this shit. Sell at the top, buy back at the bottom: easiest money I ever made. Well, I guess holding gains are easier, but this is more fun. Grin

Yup u right. But since i've started to play around this, there were only few fast drops and i was away from my charts in the meantime. So I didn't even notice the shit happens. But this time was behind my computer and the drop was proportional to the peak of adrenaline. Let's say I paid for my first lesson of "How hard can i hold my butt" Grin
dyseac
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March 23, 2013, 10:42:48 AM
 #12

Yeah it is but I'm in Australia. My BTC provider only allows cash deposits at the banks. Its almost 8pm here, banks are closed. Otherwise I woulda bought

I hear ya Sad
hiltonizer
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March 23, 2013, 10:49:20 AM
 #13

last time someone called a crash didn't it go up like 50% overnight  Cheesy

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MrM
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March 23, 2013, 11:53:09 AM
 #14

OK, another total noob here who's lost a bit of money today (yeah yeah, laugh it up). Woke up today to see the prices plummeting at an alarming rate. Sold at $50, which turned out to be the lowest it got Roll Eyes, bought back at $58. I know it was stupid of me, but I panicked Smiley. It's no big deal, I only lost a couple of bucks, since I'm only trading very low volumes, just to see how it goes.

Out of curiosity though, does anyone know what the reason for today's temporary price drop was?

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v7znay
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March 23, 2013, 12:00:41 PM
 #15

This kind of days make me realize how mentally hard is to be a trader of any currency or stocks..
tellmemiau
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March 23, 2013, 12:00:54 PM
 #16

Out of curiosity though, does anyone know what the reason for today's temporary price drop was?

Of couse not, you'll never know him.
MrM
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March 23, 2013, 12:26:13 PM
 #17

This kind of days make me realize how mentally hard is to be a trader of any currency or stocks..

Yes, I can certainly see that. The moment I sold my BTC at $50, the price jumped to $58 almost instantly, which was very frustrating to watch:

http://oi46.tinypic.com/2qk5ugk.jpg

I would probably have been banging my head against a wall if I had been trading thousands of dollars. Smiley

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MIST514
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March 23, 2013, 04:19:16 PM
 #18

Hey I'm a noob in this.... I bought 300 BTC @ 47AUD, almost had a heart attack but hey I'm a noob and it was a sudden dip. All gravy. Like the stock market, just 1 day won't make much of a difference. Long term, things go up, things go down

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March 23, 2013, 04:33:11 PM
 #19

Having a panic attack when the price goes down a bit indicates that you shouldn't keep money in *any* volatile asset.

Shame I couldn't fill up a little bit more this time. :S



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March 23, 2013, 04:39:32 PM
 #20

LOL, that's not a crash.  That's a small, short dip in the exchange.  John is right, that was a buying opportunity.

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