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Author Topic: Bitcoin at $50.05 a piece on Bitstamp site - 11 Apr 2013  (Read 2187 times)
Coincrazy (OP)
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April 11, 2013, 06:48:06 PM
 #1


Historic Screen shot (at least the way I see)

Bitcoin at $ 50.05 a piece on bitstamp site

http://bit.ly/14f8jwM


Krabby
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April 11, 2013, 06:48:48 PM
 #2

Dear lord...


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Koekiemonster
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April 11, 2013, 06:51:16 PM
 #3

Bitstamp has very little bid orders right?

https://www.bitbuy.nl - Koop eenvoudig, snel en goedkoop bitcoins bij Bitbuy!
Bitcointalk topic over Bitbuy!
Dargo
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April 11, 2013, 06:51:33 PM
 #4

Nice place to have fiat right now.
bitarrow
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April 11, 2013, 06:52:32 PM
 #5

hopefully gox hits this low.  Smiley
simplydt
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April 11, 2013, 06:55:15 PM
 #6

Nice place to have fiat right now.

How annoying, I can't get money onto there right now. I'd snap up a lot of those orders, ugh!!
Gordonium
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April 11, 2013, 06:57:29 PM
 #7

This is ironically great example of how good Bitcoin is. Everyone can get their Bitcoins fast into any exchange, but they can transfer their fiat into exchanges.
chrsjrcj
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April 11, 2013, 06:59:10 PM
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Bitstamp has very little bid orders right?

I'd say so. Up to $70 now.
simplydt
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April 11, 2013, 07:04:09 PM
 #9

wow somebody snapped those right up
Rygon
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April 11, 2013, 07:05:58 PM
 #10

This is ironically great example of how good Bitcoin is. Everyone can get their Bitcoins fast into any exchange, but they can't transfer their fiat into exchanges.

I assume that's what you mean? If it is, I totally agree. Bitcoin will be prone to these rapid drops in prices because it only takes an hour to bring in BTC (or less), but usually days to weeks for fiat. Just look at the rates on bitfinex, traders are eager for fiat to burn. Eventually some wealthy speculators will find an exchange they trust enough with massive amounts of fiat to capitalize on these price falls, and result in a more stable exchange rate.
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April 11, 2013, 07:08:02 PM
 #11

Having some fun on bitstamp  Smiley
420
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April 11, 2013, 09:40:26 PM
 #12

had some funds; ran them out quick Tongue

Bitcoin price:$64.00


EDIT: Bitcoin price:$61.01

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the hacks, the hacks, secure your bits!
simplydt
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April 11, 2013, 09:46:25 PM
 #13

had some funds; ran them out quick Tongue

Bitcoin price:$64.00


EDIT: Bitcoin price:$61.01


So jealous, wish i had funds on that bloody site Tongue I cant believe people are selling so low just because mtgox is down for maintenance.
420
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April 11, 2013, 09:48:13 PM
 #14

had some funds; ran them out quick Tongue

Bitcoin price:$64.00


EDIT: Bitcoin price:$61.01


So jealous, wish i had funds on that bloody site Tongue I cant believe people are selling so low just because mtgox is down for maintenance.

some merchants who gotta sell; may not realize the price shoudln't be this low

Donations: 1JVhKjUKSjBd7fPXQJsBs5P3Yphk38AqPr - TIPS
the hacks, the hacks, secure your bits!
Luckybit
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April 11, 2013, 09:49:13 PM
 #15

had some funds; ran them out quick Tongue

Bitcoin price:$64.00


EDIT: Bitcoin price:$61.01


So jealous, wish i had funds on that bloody site Tongue I cant believe people are selling so low just because mtgox is down for maintenance.

People are goddamn fools who don't understand what Bitcoin is or it's long term value. They think it's like some kinda stock!
yokosan
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April 11, 2013, 09:50:33 PM
 #16

wow somebody snapped those right up

Balls of steel, I wouldn't dare trade until after Gox has opened up again.

Think about it: People are going to want to sell at the current price, and panic buys/sells ALWAYS overshoot.

Prediction: At least 1 exchange will go sub $10 very soon.
Nemesis
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April 11, 2013, 09:51:23 PM
 #17

had some funds; ran them out quick Tongue

Bitcoin price:$64.00


EDIT: Bitcoin price:$61.01


So jealous, wish i had funds on that bloody site Tongue I cant believe people are selling so low just because mtgox is down for maintenance.

People are goddamn fools who don't understand what Bitcoin is or it's long term value. They think it's like some kinda stock!


what do you expect from the media boom?

Have you read around the forums for the past.... i dunnu MONTH?

Full of new idiots coming here and want to be rich !
proudhon
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April 11, 2013, 09:57:52 PM
 #18

wow somebody snapped those right up

Balls of steel, I wouldn't dare trade until after Gox has opened up again.

Think about it: People are going to want to sell at the current price, and panic buys/sells ALWAYS overshoot.

Prediction: At least 1 exchange will go sub $10 very soon.

MtGox will eventually go single digits again.

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.
sgbett
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April 11, 2013, 10:06:00 PM
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wow somebody snapped those right up

Balls of steel, I wouldn't dare trade until after Gox has opened up again.

Think about it: People are going to want to sell at the current price, and panic buys/sells ALWAYS overshoot.

Prediction: At least 1 exchange will go sub $10 very soon.

MtGox will eventually go single digits again.

I f'n love your conviction.

"A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution" - Satoshi Nakamoto
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bitcon
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April 11, 2013, 10:09:13 PM
 #20

wow somebody snapped those right up

Balls of steel, I wouldn't dare trade until after Gox has opened up again.

Think about it: People are going to want to sell at the current price, and panic buys/sells ALWAYS overshoot.

Prediction: At least 1 exchange will go sub $10 very soon.

MtGox will eventually go single digits again.

this is the one time i hope proudbear us right. cheap coins for me. but proud is usually wrong. Sad
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