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Author Topic: brace yourselves  (Read 1318 times)
EuroTrash (OP)
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April 13, 2013, 12:56:34 AM
 #1
This is crazy. I see another tree shake coming.
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Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
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NikolaTesla
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April 13, 2013, 12:57:50 AM
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It's sure looking that way... lots of volatility all the sudden and Gox getting DDOS'd again it looks like
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April 13, 2013, 01:01:16 AM
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http://i46.tinypic.com/ev7rxd.jpg

Definitely not smart to buy until this restabilzes.
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April 13, 2013, 01:17:09 AM
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Quote from: NikolaTesla on April 13, 2013, 01:01:16 AM


My thoughts exactly. Unless you plan to scalp and buy sub-120 and try to quickly sell it above $125 or something, the best course of action currently seems to just sit tight and wait.
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NikolaTesla
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April 13, 2013, 01:24:56 AM
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Gox getting DDOS'd again hard price has dropped to 106...
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April 13, 2013, 02:04:05 AM
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Quote from: NikolaTesla on April 13, 2013, 01:24:56 AM
Gox getting DDOS'd again hard price has dropped to 106...

Bitcoincharts has started to slow...
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April 13, 2013, 02:35:59 AM
 #7
Ooh. If it drops below 100 again I'm buying more!

Dammit I wish I could get some more money into my account
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April 13, 2013, 02:45:54 AM
 #8
I wish Coinbase would get rid of their gay site-wide buy limit.
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April 13, 2013, 03:54:41 AM
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Quote from: NikolaTesla on April 13, 2013, 01:01:16 AM


Definitely not smart to buy until this restabilzes.
Do you realize the chart starts to "roll-up" and average out?  The wild swings are just more granular data since you had the page open.
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