elux
Legendary
 Offline
Activity: 1458
Merit: 1006
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August 12, 2013, 09:36:03 PM |
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The price is about to go down... History always repeats itself
Look at the blockchain market price from 2011 compared to 2013, almost identical. The price isn't just going to shoot up out of nowhere.
*price shoots up out of nowhere*  |
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The network tries to produce one block per 10 minutes. It does this by automatically adjusting how difficult it is to produce blocks.
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Walsoraj
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August 12, 2013, 09:36:22 PM |
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criminals getting coins out of the system/market before the SEC storms in
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JimboToronto
Legendary
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Activity: 4004
Merit: 4480
You're never too old to think young.
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August 12, 2013, 09:40:27 PM |
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LOL Wall upped a buck.  edit: and eaten almost immediately.  |
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elux
Legendary
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Activity: 1458
Merit: 1006
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August 12, 2013, 09:42:24 PM |
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LOL Wall upped a buck.  |
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Tzupy
Legendary
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Activity: 2128
Merit: 1074
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August 12, 2013, 09:43:05 PM |
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What's worrying is that there's almost no resistance, if there were resistance we would see someone dumping into the 108 mini-wall.
This could go up to 110 and beyond, remains to be seen how hungry the buying whales are.
IMO the walls at 108 (eaten by now), 107 and 106 are there so they can be eaten before the next buy.
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DaSheep
Member
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Activity: 112
Merit: 10
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August 12, 2013, 09:50:24 PM |
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I think this was the biggest most awesome orderbook eating single buy order I ever saw happening live   <3 /Edit: oh btw, it's not over yet. the target is ~$114 |
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ChartBuddy
Legendary
 Online
Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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August 12, 2013, 10:02:39 PM |
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beaconpcguru
Full Member
Offline
Activity: 189
Merit: 100
Hello
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August 12, 2013, 10:03:08 PM |
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Glad plenty of people just saw how many coins M.Kapelas just bought  |
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Traktion
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August 12, 2013, 10:04:04 PM |
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Over $13 between MtGox and Bitstamp! |
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TiagoTiago
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August 12, 2013, 10:09:17 PM |
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Over $13 between MtGox and Bitstamp! ARBing doesn't work very well if you there isn't a full loop... |
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giszmo
Legendary
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Activity: 1862
Merit: 1105
WalletScrutiny.com
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August 12, 2013, 10:16:07 PM |
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I love this pic! Kids are getting excited about $MtGox loosing against $US? |
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Walsoraj
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August 12, 2013, 10:19:30 PM |
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criminals getting coins out of the system/market before the SEC storms in
If that is the case would we see those coins drop the price somewhere else? They may want to exit the 'system' completely for a while. Until it is clear who SEC is after. |
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Tzupy
Legendary
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Activity: 2128
Merit: 1074
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August 12, 2013, 10:26:32 PM |
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SEC might be just doing the bidding of DHS. There is less than a month until the 12th anniversary of September 11 2001.
Those crazy muslim terrorists may be preparing something, and DHS is trying to cut down money supply routes to
potential terrorists. Unfortunately for the BTC community, BTC can be used to fund terrorism, and honest traders
get caught in the middle. Just a theory of mine...
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ElectricMucus
Legendary
Offline
Activity: 1666
Merit: 1057
Marketing manager - GO MP
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August 12, 2013, 10:27:30 PM |
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If mtgox dies that way 266 was the all time high.
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Walsoraj
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August 12, 2013, 10:30:28 PM |
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SEC might be just doing the bidding of DHS. There is less than a month until the 12th anniversary of September 11 2001.
Those crazy muslim terrorists may be preparing something, and DHS is trying to cut down money supply routes to
potential terrorists. Unfortunately for the BTC community, BTC can be used to fund terrorism, and honest traders
get caught in the middle. Just a theory of mine...
i have this theory that 'honest' traders are the minority. Prob ~5%. The rest is related to illicit stuff. This will all be revealed by year-end im sure. lol. Also, SEC gonna discover winklevii singlehanded bid-walled the price upward before it took off in april. this is common thing to do w/ penny stocks. |
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dasein
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August 12, 2013, 10:31:29 PM |
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Scrutiny by regulatory bodies is bullish because either (1) legit operators emerge with government approval or (2) it becomes clear that the government is unable to control bitcoin.
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gandhibt
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August 12, 2013, 10:32:32 PM |
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since when is it difficult to get btc out of gox? did i miss something?
or is that a prediction for the future?
https://bitcointalk.org/index.php?topic=272454.0There are two more complaints in the main withdrawal delays thread: someone claims he has not been able to take coins out since July 29 and someone else claims that he always gets an error message saying his IP was banned due to too many attempts - even if he tries to connect with another computer and different IP. I had this problem, but the reason was that I was using wrong OTP in password recovery. The error message was wrong ("your ip is blocked...") and they didn't know in the support what was wrong and I wasn't able to get into my account for 5 days. They told that there has been no recent transaction so I was pretty confident that I wasn't hacked but still. |
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Walsoraj
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August 12, 2013, 10:32:35 PM |
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Scrutiny by regulatory bodies is bullish because either (1) legit operators emerge with government approval or (2) it becomes clear that the government is unable to control bitcoin.
It is still a prob with we are left with 1 or 2 legit operators but it turns out only ~5% of traders are legit (not involved in illegal stuff). |
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dasein
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August 12, 2013, 10:34:10 PM |
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Scrutiny by regulatory bodies is bullish because either (1) legit operators emerge with government approval or (2) it becomes clear that the government is unable to control bitcoin.
It is still a prob with we are left with 1 or 2 legit operators but it turns out only ~5% of traders are legit (not involved in illegal stuff). 1 or 2 legit operators is all it will take to open the flood gates to the mainstream |
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ElectricMucus
Legendary
Offline
Activity: 1666
Merit: 1057
Marketing manager - GO MP
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August 12, 2013, 10:36:24 PM |
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There is no legit approach.
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