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Author Topic: April 10 - flash crash - who pulled it off?  (Read 2708 times)
antibanker (OP)
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April 10, 2013, 10:01:30 PM
 #1

did Jamie Dimon rear his ugly head again?    Tongue Kiss Tongue
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zarl
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April 10, 2013, 10:05:40 PM
 #2

Max Keiser said the fucker is in the game.

Do you have a link, to what he said ?
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April 10, 2013, 10:06:40 PM
 #3

it ain't over yet "flash"

This is not some pseudoeconomic post-modern Libertarian cult, it's an un-led, crowd-sourced mega startup organized around mutual self-interest where problems, whether of the theoretical or purely practical variety, are treated as temporary and, ultimately, solvable.
Censorship of e-gold was easy. Censorship of Bitcoin will be… entertaining.
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April 10, 2013, 10:07:45 PM
 #4

Panicked investors, and its not over yet.
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April 10, 2013, 10:07:51 PM
 #5

You should be asking who was lucky enough to get the cheap coins at $100.

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April 10, 2013, 10:08:12 PM
 #6

I would say Mt Gox. For the second time.
antibanker (OP)
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April 10, 2013, 10:11:03 PM
 #7

yup we're back in it



whooopeyyyy
antibanker (OP)
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April 10, 2013, 10:13:00 PM
 #8

hit 130

OK  Grin
||bit
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April 10, 2013, 10:14:06 PM
 #9

"flash" crash.. haha.. sounds like denial of a very real crash. Time will tell.

How about this kinda crash?:



pretendo
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April 10, 2013, 10:15:54 PM
 #10

someone that wanted to sell from 230 and buy from 150 is my guess
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April 10, 2013, 10:34:35 PM
 #11

Panicked investors, and its not over yet.

Panicked speculators cashing in or losing their shirts, and it's not over yet.  FTFY  Lips sealed  I sold last night and there was no panic involved.  I saw an insane unjustifiable increase in price mixed with increased volatility.  I've predicted so many bubbles in the past but never was able to sell the day before it burst.  Can't wait till the bottom and then eventual slow increase again so I can buy some more.  Gonna ride this coaster up and down as long as it lasts.
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April 10, 2013, 10:38:48 PM
 #12

It was just BFL selling all the bitcoin they made mining with customers ASIC's.

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April 10, 2013, 11:42:45 PM
 #13

"flash" crash.. haha.. sounds like denial of a very real crash. Time will tell.


Yeah, this does not look like the previous "flash" crashes that recovered quickly. Guess in 12-24 hours there will be a better idea. The next question is how will all the ensuing bad press affect the price longer term (as in the rest of the year).
antibanker (OP)
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April 10, 2013, 11:45:29 PM
 #14

nothing like this kinda flash thingy LOL http://ahitler.greyfalcon.us/pictures/hitler-drug-free3.jpg
chriswen
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April 10, 2013, 11:46:20 PM
 #15

I wouldn't call it a flash crash.
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April 10, 2013, 11:48:40 PM
 #16

The only thing changed is the magnitude of the price. When it "crashed" from $4 to $2 it didnt make world news.

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April 10, 2013, 11:49:28 PM
 #17

The only thing changed is the magnitude of the price. When it "crashed" from $4 to $2 it didnt make world news.
For obvious reasons. Hardly a valid point.

Elon Krusky
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April 10, 2013, 11:53:25 PM
 #18

I would say Mt Gox. For the second time.

I would say so too, although I think they may profit more quickly on this particular taking ...  Embarrassed Undecided Lips sealed

on the bright side, that would mean price == "to da moon"  Cheesy

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April 11, 2013, 12:07:35 AM
 #19

Who pulled it off?  We did.  The speculators and investors.  The price cannot grow so fast, so high, without a correction or complete reversal.  It been written here for weeks that anything that climbs so high, so fast, is a bubble that must pop.  History teaches us that all bubbles like this pop without exception.

I hope people managed to lock in profits over the past few weeks and didn't expect the price to keep climbing to $1k and beyond by the end of the month.  That's just silly.
HappyBitCoinUser
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April 11, 2013, 12:13:40 AM
 #20

From MtGox

Quote
You are currently making use of a system which will be deprecated on Wed 10 Apr 2013 12:00:00 AM GMT:
 
Generation of USD and CAD redeemable codes will not be possible due to legal issues
 
Please note that after this date, using this system won't be possible anymore and will instead lead to an error.
 
Thank you for your attention.
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