Rampion
Legendary
 Offline
Activity: 1148
Merit: 1018
|
 |
November 22, 2013, 08:16:06 PM |
|
What once was heavy resistance on Stamp, now is healthy support ($750).
I'm sorry for the grey bearded old-timers who live in fear of the ghost of 2011, but I think it's already proven that 2013 is no 2011.
|
|
|
|
|
|
|
|
|
|
Even if you use Bitcoin through Tor, the way transactions are handled by the network makes anonymity difficult to achieve. Do not expect your transactions to be anonymous unless you really know what you're doing.
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
|
chriswilmer
Legendary
Offline
Activity: 1008
Merit: 1000
|
|
November 22, 2013, 08:16:45 PM |
|
I don't think it works that way. The volatility will get LESS the more people that are involved, not more. $32->$2 (94% drop) $266->$60 (77% drop) $900-> $453 (50% drop) Don't be surprised if the next bubble only has a drop of (25%-33%). Someday, when there are 1 billion people in bitcoin, $1 billion leaving the market will affect everyone by $1. See how that works? In fairness to TERA, it looks like an approximately 30% (ok maybe 40%) drop on his diagram. |
|
|
|
|
|
BitchicksHusband
|
|
November 22, 2013, 08:17:38 PM |
|
oh dear, it's the weekend. No more money in until Monday
I may have read somewhere (here?) that Chinese banks are open on Saturdays though...
Those poor communists can only transfer money instantly 24/7. Not like capitalist 'Murica where it only takes 3 days. |
|
|
|
|
|
BitchicksHusband
|
|
November 22, 2013, 08:19:21 PM |
|
I don't think it works that way. The volatility will get LESS the more people that are involved, not more. $32->$2 (94% drop) $266->$60 (77% drop) $900-> $453 (50% drop) Don't be surprised if the next bubble only has a drop of (25%-33%). Someday, when there are 1 billion people in bitcoin, $1 billion leaving the market will affect everyone by $1. See how that works? In fairness to TERA, it looks like an approximately 30% (ok maybe 40%) drop on his diagram. Looks like $2200->$500 to most people on here. That's 77%. I'm saying if we got to $2200, I wouldn't expect it to go below $1500. Now, that's not to say that some large players couldn't get together and collude to crash the market harder, but there's no guarantees doing that so they probably wouldn't dare to risk it. |
|
|
|
|
|
|
|
ardana123
|
|
November 22, 2013, 08:24:59 PM |
|
The biggest factor for using gox with me is the trust issue. Not that I trust they wont be shit at exchanging, but I semi-trust they are in this for the long run and they are established. My biggest fear is whilst leaving my coins/fiat on an exchange they get seized by their local gov or they disappear with all users coins. This risk is real with BTCChina, as the Chinese government already did this with QQ's trading commodity, then there's Bitstamp, who's bank is based in Slovenia, they could easily do a 'Bitcoin-24' to their user's. Gox however has stood the test of time so-far. For which i can at least applaud them and have a sense of security in them.
I completely agree. Having used Gox since May of '11 and gone through all the various things that have happened. I reluctantly trust them more than the other players. Horrible communication? Yep. Poor (scripted) customer service? Yep. Not much has changed in over 2 years. But I certainly keep lower balances there at any given time then I used to, given the potential loss risk. How much money did they have seized/locked up again? There's 35mil on the order book right now, and who knows how much more on the sidelines? They're still receiving deposits. I'm guessing the majority of their funds are locked up or something at the moment until they get the proper licenses in the US. |
|
|
|
|
Fernandez
Legendary
Offline
Activity: 1008
Merit: 1000
|
|
November 22, 2013, 08:30:42 PM |
|
|
|
|
|
|
|
|
seleme
Legendary
Offline
Activity: 2772
Merit: 1028
Duelbits.com
|
|
November 22, 2013, 08:52:28 PM |
|
Goxed again, lol
|
|
|
|
|
|
TERA
|
|
November 22, 2013, 08:53:09 PM |
|
It's 1800 to 500. The 500 is due to huge whale dumpers, stop loss orders, liquidation, panic etc and lasts only very briefly before shooting back up and then stabilizing at $1000.
We haven't even seen a whale dump yet - that was just a correction because it went to 900 too fast.
Remember 100k dumps?
Or china could pull out. There could be bad news. Everyone is holding an enormous profit right now. There are 12 million coins.
Anything is possible.
|
|
|
|
|
seleme
Legendary
Offline
Activity: 2772
Merit: 1028
Duelbits.com
|
|
November 22, 2013, 08:56:16 PM |
|
Anything is possible. That's single fact you posted in that post. All others that include exact numbers are pretty much shit. |
|
|
|
|
|
TERA
|
|
November 22, 2013, 08:59:17 PM |
|
Yes they're just speculations.
This is bitcoin.
The minute you think you know something, you don't.
|
|
|
|
|
nexus 6
Member
Offline
Activity: 75
Merit: 10
|
|
November 22, 2013, 08:59:25 PM |
|
Goxed again, lol
im having troubles with gox, also you? somebody else? |
|
|
|
|
tomato22
Newbie
Offline
Activity: 14
Merit: 0
|
|
November 22, 2013, 09:01:13 PM |
|
Goxed again, lol
im having troubles with gox, also you? somebody else? "Mtgox trading engine lag: 25m 9s" |
|
|
|
|
nexus 6
Member
Offline
Activity: 75
Merit: 10
|
|
November 22, 2013, 09:05:16 PM |
|
Goxed again, lol
im having troubles with gox, also you? somebody else? "Mtgox trading engine lag: 25m 9s" pfff, terrible |
|
|
|
|
wobber
Legendary
Offline
Activity: 1064
Merit: 1001
|
|
November 22, 2013, 09:06:09 PM |
|
Why it lags? DDoS?
|
|
|
|
|
seleme
Legendary
Offline
Activity: 2772
Merit: 1028
Duelbits.com
|
|
November 22, 2013, 09:06:34 PM |
|
Never mind, Mark will tweet now that there was a big sell off and so engine is stopped  |
|
|
|
|
adamstgBit
Legendary
Offline
Activity: 1904
Merit: 1037
Trusted Bitcoiner
|
|
November 22, 2013, 09:07:15 PM |
|
|
|
|
|
|
UnDerDoG81
Legendary
Offline
Activity: 2179
Merit: 1201
|
|
November 22, 2013, 09:09:16 PM |
|
Guys, I just bought coins for 13,5k$ so be aware the price will drop very soon  |
|
|
|
|
|
TERA
|
|
November 22, 2013, 09:10:20 PM |
|
Its not a cup and handle formation. Cup and handles are specifically supposed to be U shaped and not V shaped. |
|
|
|
|
|
Poll
