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Author Topic: Holy Shit! Bitcoin is tanking!  (Read 1901 times)
Spendulus
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April 12, 2013, 06:14:55 AM
 #41

I just put on mah boots, and mah hat and mah spurs.

Gentlemen and ladies.

The rodeo is on!
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xylop
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April 12, 2013, 06:21:48 AM
Last edit: April 12, 2013, 09:48:16 AM by xylop
 #42

I just put on mah boots, and mah hat and mah spurs.

Gentlemen and ladies.

The rodeo is on!

The rodeo on the back of large investors?
Like Winklevoss twins who can drive the bitcoin value how they wish.
Nothing against the brothers. Just that the market can't be healthy if people can own percents of whole currency.

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April 12, 2013, 06:25:44 AM
 #43

They claim the have only 1% of the bitcoins
NY11giants
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April 12, 2013, 06:26:05 AM
 #44

Ill gladly ride with the twins.
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April 12, 2013, 06:27:09 AM
 #45

They claim the have only 1% of the bitcoins

only?
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April 12, 2013, 06:28:02 AM
 #46

sometimes i it seems to me as if they use the bots with microselling and some big dumps now and then to shake the market like a tree of apples to get the coins that fall to the ground

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April 12, 2013, 06:28:28 AM
 #47

Ill gladly ride with the twins.

opportunists....
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April 12, 2013, 06:30:29 AM
 #48

I'm constantly reading other thread.
seems like the bots are really a big problem, triggering the mass panic:
https://bitcointalk.org/index.php?topic=85687.22120

we must spread this!
 everybody should be aware of that!!!!

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April 12, 2013, 07:13:26 AM
Last edit: April 12, 2013, 09:49:16 AM by xylop
 #49

I'm constantly reading other thread.
seems like the bots are really a big problem, triggering the mass panic:
https://bitcointalk.org/index.php?topic=85687.22120

we must spread this!
 everybody should be aware of that!!!!


yeah any large investor can bot the masses and then pull the carpet.

luckily there are alternative currencies forming like mushrooms on a rainy year.
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April 12, 2013, 07:21:02 AM
 #50

Relax btc is not tanking it is because people become worried & start to panic about the dramatic decrease in btc price and feel they have to start selling. Don't worry nothing to fear as we have seen this since the begging of btc it will steadily increase. the price of btc as we all know fluxuates just as a stock market. And the btc community needs to find other exchanges other than mtgox as they have a monopoly on the btc people and the only way to stop this is to start and deal with other established btc exchanges..

PS and the so called "Ddos attack on mt gox" is becoming more clear that this is just another way for them to gain a deathgrip over the bitcoin community so start looking for other exchanges we will not let the people at mt gox dick us around anymore!!!

yyrkoon
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April 12, 2013, 07:30:02 AM
 #51

Holy shit.
https://i.imgur.com/PIewHtE.png

Fuck this, I'm cashing out and cutting my losses. I'd rather lose at this much than at $15.

If you have half a mind, you'd sell too.

SO i guess your philosophy is buy high, and sell low ?

Yeah, these network exploiters out there are loving your comments about now.
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April 12, 2013, 07:30:41 AM
 #52

People would be crazy to sell BTC at $15.  It costs more to mine the fucking things.


I know people who would spend $10,000+ on coins if it ever dropped that low
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April 12, 2013, 07:40:46 AM
 #53

every newbie to bitcoin has to realize that we take part in an experiment whose outcome lays in the future 5 to 10 years.
it's not about the quick buck.

What you describe has little to do with bitcoins, and everything to do with normal investment and non speculation commodity trading.

Really, it is common sense. As for the OP, silly person should have been buying at $77 per, and paying closer attention. But attempting to "daytrade" over the internet at this point with all the DDOS's happening is a recipe for suicide.
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