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the founder (OP)
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March 28, 2013, 10:19:30 PM
Last edit: March 28, 2013, 11:00:18 PM by the founder |
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I wanna know how we're doing 25% variations hourly.
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Bitcoin RSS App / Bitcoin Android App / Bitcoin Webapp http://www.ounce.me Say thank you here: 1HByHZQ44LUCxxpnqtXDuJVmrSdrGK6Q2f |
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tysat
Legendary
 Offline
Activity: 966
Merit: 1004
Keep it real
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March 28, 2013, 11:00:45 PM |
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And it's coming back already!
/thread
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tysat
Legendary
Offline
Activity: 966
Merit: 1004
Keep it real
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March 28, 2013, 11:01:22 PM |
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I wanna know how we're doing 25% variations hourly. You cheated, completely changing your post at the same time I first replied! |
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the founder (OP)
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March 28, 2013, 11:02:46 PM |
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I wanna know how we're doing 25% variations hourly. You cheated, completely changing your post at the same time I first replied! LOL! I was.. I kept looking at the ticker on http://www.ounce.me and typing... then retyping.. then retyping.. the freaking thing changed so much I didn't know what to say. |
Bitcoin RSS App / Bitcoin Android App / Bitcoin Webapp http://www.ounce.me Say thank you here: 1HByHZQ44LUCxxpnqtXDuJVmrSdrGK6Q2f |
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Piper67
Legendary
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Activity: 1106
Merit: 1001
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March 28, 2013, 11:03:39 PM |
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1) someone discovered 20k BTC in a basement computer and yelled "I'm rich"!
2) someone's really, really invested in keeping the price down and has the coins to back it up (and has no problem losing a lot of money in the process)
3) someone thinks they can destroy Bitcoin by causing a flash crash... Adorable, really.
Choose one.
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bitcon
Legendary
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Activity: 2212
Merit: 1008
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March 28, 2013, 11:06:20 PM |
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a bunch of us just realized that we missed the crash because the price advertised on the top of the site isn't the actual price at all.
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Cluster2k
Legendary
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Activity: 1692
Merit: 1018
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March 28, 2013, 11:07:22 PM |
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1) someone discovered 20k BTC in a basement computer and yelled "I'm rich"!
2) someone's really, really invested in keeping the price down and has the coins to back it up (and has no problem losing a lot of money in the process)
3) someone thinks they can destroy Bitcoin by causing a flash crash... Adorable, really.
Choose one.
http://en.wikipedia.org/wiki/False_choiceOption 4 is someone saw the price rise by 10%, day in day out and thought this is as good as it gets, at least in the short term. They cashed out their profits before anyone else. Others saw the price drop and followed, sending it plunging. |
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BitcoinTate
Full Member
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Activity: 224
Merit: 100
DigiByte Founder
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March 28, 2013, 11:08:46 PM |
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1) someone discovered 20k BTC in a basement computer and yelled "I'm rich"!
2) someone's really, really invested in keeping the price down and has the coins to back it up (and has no problem losing a lot of money in the process)
3) someone thinks they can destroy Bitcoin by causing a flash crash... Adorable, really.
Choose one.
http://en.wikipedia.org/wiki/False_choiceOption 4 is someone saw the price rise by 10%, day in day out and thought this is as good as it gets, at least in the short term. They cashed out their profits before anyone else. Others saw the price drop and followed, sending it plunging. And I was waiting till 98 to dump everything and buy back in at least $20 cheaper. We still might see another bounce off the $100 resistance wall. |
- aka The "DigiMan"
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proudhon
Legendary
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Activity: 2198
Merit: 1311
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March 28, 2013, 11:08:55 PM |
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I wanna know how we're doing 25% variations hourly.
Relatively poor liquidity, that's how. |
Bitcoin Fact: the price of bitcoin will not be greater than $70k for more than 25 consecutive days at any point in the rest of recorded human history.
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the founder (OP)
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March 28, 2013, 11:08:58 PM |
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1) someone discovered 20k BTC in a basement computer and yelled "I'm rich"!
2) someone's really, really invested in keeping the price down and has the coins to back it up (and has no problem losing a lot of money in the process)
3) someone thinks they can destroy Bitcoin by causing a flash crash... Adorable, really.
Choose one.
There has to be an option 4. 1) no one found 20k of Bitcoins in their basement. 2) no one likes losing money like that 3) Flash crash won't destroy it, that already happened in 2011, but watch we're going to make headlines in the media tommrow. 4) this is what happened... _____ fill in blank ___ because I have no freaking idea what happened,. |
Bitcoin RSS App / Bitcoin Android App / Bitcoin Webapp http://www.ounce.me Say thank you here: 1HByHZQ44LUCxxpnqtXDuJVmrSdrGK6Q2f |
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the founder (OP)
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March 28, 2013, 11:11:20 PM |
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a bunch of us just realized that we missed the crash because the price advertised on the top of the site isn't the actual price at all.
I'm telling you guys, Mt.Gox's thing isn't the only reliable ticker... I put alot of effeort into http://www.ounce.me .. though it takes a weighted average of all the bigger exchanges (campbx, mtgox, etc) I believe it's the most reliable... everyone that was staring at the ticker there saw the flash crash. |
Bitcoin RSS App / Bitcoin Android App / Bitcoin Webapp http://www.ounce.me Say thank you here: 1HByHZQ44LUCxxpnqtXDuJVmrSdrGK6Q2f |
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Adrian-x
Legendary
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Activity: 1372
Merit: 1000
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March 28, 2013, 11:13:05 PM |
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4) Someone bought 300K+ BTC at $2 and is liquidating some fiat so they can pump it up again.
Nothing new here its been going on since we hit $10 (nothing but a hunch to back it up)
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Thank me in Bits 12MwnzxtprG2mHm3rKdgi7NmJKCypsMMQw
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smoothie
Legendary
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Activity: 2492
Merit: 1491
LEALANA Bitcoin Grim Reaper
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March 28, 2013, 11:16:39 PM |
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I wanna know how we're doing 25% variations hourly.
Relatively poor liquidity, that's how. I guess that theory would also apply to the fact that the price went from $13 to $95 in less than 3 months too? lol troll harder |
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| . ★☆ WWW.LEALANA.COM My PGP fingerprint is A764D833. History of Monero development Visualization ★☆ .
LEALANA BITCOIN GRIM REAPER SILVER COINS.
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myself
Legendary
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Activity: 938
Merit: 1000
chaos is fun...…damental :)
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March 28, 2013, 11:19:23 PM |
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I wanna know how we're doing 25% variations hourly.
https://bitcointalk.org/index.php?topic=119745.msg1695976#msg1695976some details for you to bad bad for the attackers by the time mtgox lag was fully cleared the price already went up and there was only few long squeeze |
Los desesperados publican que lo inventó el rey que rabió, porque todo son en el rabias y mas rabias, disgustos y mas disgustos, pezares y mas pezares; si el que compra algunas partidas vé que baxan, rabia de haver comprado; si suben, rabia de que no compró mas; si compra, suben, vende, gana y buelan aun á mas alto precio del que ha vendido; rabia de que vendió por menor precio: si no compra ni vende y ván subiendo, rabia de que haviendo tenido impulsos de comprar, no llegó á lograr los impulsos; si van baxando, rabia de que, haviendo tenido amagos de vender, no se resolvió á gozar los amagos; si le dan algun consejo y acierta, rabia de que no se lo dieron antes; si yerra, rabia de que se lo dieron; con que todo son inquietudes, todo arrepentimientos, tododelirios, luchando siempre lo insufrible con lo feliz, lo indomito con lo tranquilo y lo rabioso con lo deleytable.
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AbsoluteZero
Member
Offline
Activity: 66
Merit: 10
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March 28, 2013, 11:58:21 PM |
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WTF JUST HAPPENED?
We now have 1 less early adopter.
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Adrian-x
Legendary
Offline
Activity: 1372
Merit: 1000
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March 29, 2013, 12:07:18 AM |
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We now have 1 less early adopter.
LOL But I think those getting in now could still be early adopters https://bitcointalk.org/index.php?topic=113606.0 |
Thank me in Bits 12MwnzxtprG2mHm3rKdgi7NmJKCypsMMQw
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Piper67
Legendary
Offline
Activity: 1106
Merit: 1001
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March 29, 2013, 12:35:32 AM |
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1) someone discovered 20k BTC in a basement computer and yelled "I'm rich"!
2) someone's really, really invested in keeping the price down and has the coins to back it up (and has no problem losing a lot of money in the process)
3) someone thinks they can destroy Bitcoin by causing a flash crash... Adorable, really.
Choose one.
http://en.wikipedia.org/wiki/False_choiceOption 4 is someone saw the price rise by 10%, day in day out and thought this is as good as it gets, at least in the short term. They cashed out their profits before anyone else. Others saw the price drop and followed, sending it plunging. Which would qualify it as one hell of a dumb move. Had they divested themselves of the same amount over several days they would've ended up with about 15% more fiat. Doesn't really compute. |
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myrkul
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March 29, 2013, 12:41:20 AM |
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a bunch of us just realized that we missed the crash because the price advertised on the top of the site isn't the actual price at all.
I'm telling you guys, Mt.Gox's thing isn't the only reliable ticker... I put alot of effeort into http://www.ounce.me .. though it takes a weighted average of all the bigger exchanges (campbx, mtgox, etc) I believe it's the most reliable... everyone that was staring at the ticker there saw the flash crash. I see what you're doing... But I like the site, so I approve.  |
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MoonShadow
Legendary
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Activity: 1708
Merit: 1010
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March 29, 2013, 12:42:55 AM |
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WTF JUST HAPPENED?
We now have 1 less early adopter.
Wasn't me. I was broken last week. |
"The powers of financial capitalism had another far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent meetings and conferences. The apex of the systems was to be the Bank for International Settlements in Basel, Switzerland, a private bank owned and controlled by the world's central banks which were themselves private corporations. Each central bank...sought to dominate its government by its ability to control Treasury loans, to manipulate foreign exchanges, to influence the level of economic activity in the country, and to influence cooperative politicians by subsequent economic rewards in the business world."
- Carroll Quigley, CFR member, mentor to Bill Clinton, from 'Tragedy And Hope'
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