Bitcoin Forum
January 22, 2021, 12:45:20 AM *
News: Latest Bitcoin Core release: 0.21.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 [3] 4 5 »  All
  Print  
Author Topic: bitcoin crossed 150$, 200$ & soon 500$  (Read 8906 times)
Benson Samuel
Legendary
*
Offline Offline

Activity: 1890
Merit: 1000


Landscaping Bitcoin for India!


View Profile WWW
April 11, 2013, 03:41:59 AM
 #41

Yeah. Just read that Mt Gox had the highest volumes as they had added a bunch of accounts, But watching the troll box in btc-e made it evident that there was a pump operation yesterday and the day before.

1611276320
Hero Member
*
Offline Offline

Posts: 1611276320

View Profile Personal Message (Offline)

Ignore
1611276320
Reply with quote  #2

1611276320
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1611276320
Hero Member
*
Offline Offline

Posts: 1611276320

View Profile Personal Message (Offline)

Ignore
1611276320
Reply with quote  #2

1611276320
Report to moderator
1611276320
Hero Member
*
Offline Offline

Posts: 1611276320

View Profile Personal Message (Offline)

Ignore
1611276320
Reply with quote  #2

1611276320
Report to moderator
Pinwheel
Sr. Member
****
Offline Offline

Activity: 378
Merit: 250


View Profile
April 11, 2013, 03:52:04 AM
Last edit: April 11, 2013, 04:05:53 AM by Pinwheel
 #42

That, my fellow enthusiasts is the weakness of today's Bitcoin markets.

Pump & Dump will never go away in the Bitcoin world. It is the easiest way for few people to get rich.


when in flat currency trade there is regulations against such illicit activities, in bitcoins it is just wilde.

Tom Waits: We should just start as soon as possible cause we might catch a rabbit before we have our pants on. (Juxtapoz)
tryingtobeperfect
Member
**
Offline Offline

Activity: 61
Merit: 10


View Profile
April 11, 2013, 04:18:21 AM
 #43

I was about to sell when its value was more than $230 but now it fell too much. Btw, what could be the causes for the changes in BTC value? How does this actually work? Any good article?
Benson Samuel
Legendary
*
Offline Offline

Activity: 1890
Merit: 1000


Landscaping Bitcoin for India!


View Profile WWW
April 11, 2013, 04:26:07 AM
 #44

I can try to explain how it works.

Person A walks in with a huge amount of money and begins to buy Bitcoins all the way from 150$ to 266$, once he has finished his pump, he will have an average price for his all buys which will be far lower than the high that he has created.

He then sells all his Bitcoin that he purchased on the pump for that average price plus his profit, crashing the market. Other people jump in and scream bloody murder crashing the prices even more.

Bitcoin is awesome in a way that it will never lose value, but will always be susceptible to market forces until supply and demand begin to set the prices rather than Mt Gox speculators.

At a theoretical true end valuation of approx $190K each coin, Bitcoin's base value will grow way way more than it currently is.

Pinwheel
Sr. Member
****
Offline Offline

Activity: 378
Merit: 250


View Profile
April 11, 2013, 04:43:20 AM
 #45

price will go up soon. now good time to buy.

mtgox has 15000 accounts waiting for approval.

Tom Waits: We should just start as soon as possible cause we might catch a rabbit before we have our pants on. (Juxtapoz)
Benson Samuel
Legendary
*
Offline Offline

Activity: 1890
Merit: 1000


Landscaping Bitcoin for India!


View Profile WWW
April 11, 2013, 04:44:33 AM
 #46

I agree.

What nobody is pointing out here is that although it crashed from $266, it gained 10% since start of play yesterday.

And seems to be holding out for now.

tryingtobeperfect
Member
**
Offline Offline

Activity: 61
Merit: 10


View Profile
April 11, 2013, 04:54:44 AM
 #47

@Benson, thank you for a simple xplaination:)
Benson Samuel
Legendary
*
Offline Offline

Activity: 1890
Merit: 1000


Landscaping Bitcoin for India!


View Profile WWW
April 11, 2013, 05:04:16 AM
 #48

Saw this on twitter today:

David Seaman ‏@d_seaman 4h
Hey! If you really believe in #Bitcoin, you shouldn't be anxiously day trading it. This isn't http://Pets.com  stock, it's the future

buysellbitcoin
Legendary
*
Offline Offline

Activity: 1105
Merit: 1001


https://www.zebpay.com


View Profile WWW
April 11, 2013, 06:33:02 AM
 #49

So what we learned yesterday is..
105 is new low Smiley and its not bad.. Its good news for long time investors..
Bitcoin has finally proved it is worth more than 100$ in such panic sell too Smiley

Cheers

Download Zebpay Fastest way to Buy / Sell Bitcoins in India
Transaction processing within one working day and best bitcoin rates | Recharge airtime & buy vouchers of Amazon, Flipkart, Domino's at great discounts
Benson Samuel
Legendary
*
Offline Offline

Activity: 1890
Merit: 1000


Landscaping Bitcoin for India!


View Profile WWW
April 11, 2013, 06:36:40 AM
 #50

Actually, $150 is the new low, that is why it stabilized around it. The drop to $105 regained very fast.

dishwara
Legendary
*
Offline Offline

Activity: 1854
Merit: 1016



View Profile
April 11, 2013, 06:38:35 AM
 #51

It seems the price drop is just due to huge trading on mtgox, which frozen mtgox servers, that created illusion that price falling down.
So the value will again rise very soon & reach 500$.

https://mtgox.com/press_release_20130411.html

ACCOUNT WAS HACKED FROM 2016-2019. NOW RECLAIMED BY ORIGINAL USER D.ISHWARA
SORRY IF ANYONE GOT CHEATED BY THE IMPOSTOR
ALL POSTS AFTER MARCH 2016 BECOMES OBSOLETE & WILL BE DELETED AFTER I READ IT.
tryingtobeperfect
Member
**
Offline Offline

Activity: 61
Merit: 10


View Profile
April 12, 2013, 12:16:09 PM
 #52

Actually, $150 is the new low, that is why it stabilized around it. The drop to $105 regained very fast.
What do you have to say now? Tongue $65 is the new low?
Benson Samuel
Legendary
*
Offline Offline

Activity: 1890
Merit: 1000


Landscaping Bitcoin for India!


View Profile WWW
April 12, 2013, 12:17:41 PM
 #53

Well, that was yesterday :p

Lol.

tryingtobeperfect
Member
**
Offline Offline

Activity: 61
Merit: 10


View Profile
April 12, 2013, 12:41:15 PM
 #54

Today, story got much exciting... $54.2:)Cheesy @Benson bro,do u think it can go down today?
Benson Samuel
Legendary
*
Offline Offline

Activity: 1890
Merit: 1000


Landscaping Bitcoin for India!


View Profile WWW
April 12, 2013, 12:44:40 PM
 #55

I am not sure.

A lot depends on Mt Gox and North America should just be coming on.

It is a Friday as well, so need to wait and watch.

tryingtobeperfect
Member
**
Offline Offline

Activity: 61
Merit: 10


View Profile
April 12, 2013, 12:55:56 PM
 #56

^^So, how does it usually go on Friday or weekends?
Benson Samuel
Legendary
*
Offline Offline

Activity: 1890
Merit: 1000


Landscaping Bitcoin for India!


View Profile WWW
April 12, 2013, 12:57:28 PM
 #57

Not sure, but there should be a difference as people would be unable to get deposits into Mt Gox on the weekend.

Pinwheel
Sr. Member
****
Offline Offline

Activity: 378
Merit: 250


View Profile
April 12, 2013, 02:11:25 PM
 #58

tomorrow when mtgox will open at 7:30 Indian time that will be a lot of fun again.  I doubt they will solve problems in next 3-4 days or even in one week, so it will be all same again and again. I lovin in.

Tom Waits: We should just start as soon as possible cause we might catch a rabbit before we have our pants on. (Juxtapoz)
Pinwheel
Sr. Member
****
Offline Offline

Activity: 378
Merit: 250


View Profile
April 13, 2013, 07:21:59 PM
 #59

by now, I'm pretty much sure it is Ddos, started around 00:10 am on 14 April. mtgox was working fine all day without any lag and went on  26 minutes  lag in few minutes, then price dropped fast from 114 to 101. if it is Ddos then it may happens again tomorrow.

Tom Waits: We should just start as soon as possible cause we might catch a rabbit before we have our pants on. (Juxtapoz)
Sarfraz18
Newbie
*
Offline Offline

Activity: 9
Merit: 0


View Profile
April 14, 2013, 01:46:18 PM
 #60

The bubble has burst
Pages: « 1 2 [3] 4 5 »  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!