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awakening
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April 11, 2013, 11:30:28 PM |
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T minus 2 hours 30 minutes
consensus price trending up into the low 90s
this is getting rather interesting
Almost one hundred at bitfloor. |
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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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jojo69 (OP)
Legendary
 Offline
Activity: 3164
Merit: 4345
diamond-handed zealot
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April 12, 2013, 12:27:56 AM |
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T minus one hour 30 minutes
prices diverging somewhat on the exchanges 75-90
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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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Krabby
Sr. Member
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Activity: 644
Merit: 250
https://primedao.eth.link/#/
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April 12, 2013, 12:28:55 AM |
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Will the market open up at $124.90?
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jojo69 (OP)
Legendary
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Activity: 3164
Merit: 4345
diamond-handed zealot
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April 12, 2013, 12:36:00 AM |
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somehow I rather doubt that, I mean, maybe "open", but regardless of whatever they may have done to improve their clearing rate, their servers are going to be epically hammered at 02:00
I expect massive opening lag and a dump with some degree of overshoot, however, the other exchanges have held up surprisingly well all afternoon, a new equilibrium will be found.
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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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TheJuice
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April 12, 2013, 12:42:43 AM |
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I'd be surprised if we didn't get to 150 right after. So many people pulled coin off gox.
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jojo69 (OP)
Legendary
Offline
Activity: 3164
Merit: 4345
diamond-handed zealot
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April 12, 2013, 12:57:11 AM |
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One hour people...one hour
consensus in the high 70s
everyone have their fiat ready?
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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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Krabby
Sr. Member
Offline
Activity: 644
Merit: 250
https://primedao.eth.link/#/
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April 12, 2013, 12:58:23 AM |
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One hour people...one hour
consensus in the high 70s
everyone have their fiat ready?
I have my bitcoin ready. |
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Missionary
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April 12, 2013, 01:10:35 AM |
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So, we are speculating about what will happen to the price after the opening of the exchange that triggered the drop in the first place?
The fundamentals are sound. Nothing has really changed. Long term, it will go up.
I know I would be buying, should I have had some fiat on the exchanges.
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I am an evangelical missionary heading to China. Donations are welcome here (dedicated wallet): 1H8iswayfTaRb6oe2WjMCRmchBJHYyfx9z You can find more information about my plans here: http://btcmission.com |
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NikolaTesla
Newbie
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Activity: 28
Merit: 0
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April 12, 2013, 01:14:09 AM |
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One hour people...one hour
consensus in the high 70s
everyone have their fiat ready?
I have my bitcoin ready.  |
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jojo69 (OP)
Legendary
Offline
Activity: 3164
Merit: 4345
diamond-handed zealot
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April 12, 2013, 01:33:11 AM |
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30 Minute buzzer
holding in the 70s
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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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