el_rlee
Legendary
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Activity: 1600
Merit: 1014
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April 30, 2013, 02:25:06 PM |
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down it goes
1 small dump and it's pure panic... Unbelievable... lag |
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"Bitcoin: mining our own business since 2009" -- Pieter Wuille
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ShroomsKit
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April 30, 2013, 02:25:12 PM |
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Also unbelievable how after all this time MtGox still can't handle a few trades without massive lag.
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Newscastix
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April 30, 2013, 02:26:15 PM |
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"single digits..... soon..."
that's how scary it looks...... such a move after no movement at all...
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Rampion
Legendary
Offline
Activity: 1148
Merit: 1018
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April 30, 2013, 02:26:44 PM |
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down it goes
1 small dump and it's pure panic... Unbelievable... Great, let's buy some more. I have bids from $125 to $30ish, wouldn't mind if they get hit  |
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mccorvic
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April 30, 2013, 02:27:33 PM |
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This is why you've seen such weak buy orders lately. No one wants to buy at market price because everyone knows some dweeb will dump their coins for no reason at stupid low prices  |
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ShroomsKit
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April 30, 2013, 02:28:40 PM |
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down it goes
1 small dump and it's pure panic... Unbelievable... Great, let's buy some more. I have bids from $125 to $30ish, wouldn't mind if they get hit Exactly how long do people want this to go on? Don't you want the coin to grow? You know people will get tired of it sooner or later. Big sell, drop, buy, big sell, drop, buy... At what point will people stop saying i wish it would go back to 30? Again we're back a week. That dump was just stupid. |
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Rampion
Legendary
Offline
Activity: 1148
Merit: 1018
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April 30, 2013, 02:29:08 PM |
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Well, down we go. I bet $120 will not be broken. If it is, cheap coins for all us  |
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Frozenlock
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April 30, 2013, 02:31:04 PM |
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Why is it lagging? It doesn't seem to be that much active....
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NamelessOne
Legendary
Offline
Activity: 840
Merit: 1000
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April 30, 2013, 02:31:21 PM |
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Wow... pure stupid just arrived.
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ShroomsKit
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April 30, 2013, 02:31:43 PM |
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Why is it lagging? It doesn't seem to be that much active....
because MtGox only had weeks, months and millions of dollars to fix their stuff. |
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lebing
Legendary
Offline
Activity: 1288
Merit: 1000
Enabling the maximal migration
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April 30, 2013, 02:32:01 PM |
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Also unbelievable how after all this time MtGox still can't handle a few trades without massive lag.
Pretty sure the same people that sold all of a sudden are the same ones that are causing the lag (sure to be just another DDOS). Lets see how many people fall into the bear trap. |
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ShroomsKit
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April 30, 2013, 02:32:15 PM |
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Wow... pure stupid just arrived.
Guess someone needed money right now real bad. |
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mccorvic
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April 30, 2013, 02:32:31 PM |
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Why is it lagging? It doesn't seem to be that much active....
Could be a DDoSing or something similiar. What's funny is that just a month ago Gox lag at this poitn would already be above 5mins. Gox is holding up astoundingly well compared to what us bitter vets have grown used to. |
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Rampion
Legendary
Offline
Activity: 1148
Merit: 1018
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April 30, 2013, 02:34:15 PM |
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down it goes
1 small dump and it's pure panic... Unbelievable... Great, let's buy some more. I have bids from $125 to $30ish, wouldn't mind if they get hit Exactly how long do people want this to go on? Don't you want the coin to grow? You know people will get tired of it sooner or later. Big sell, drop, buy, big sell, drop, buy... At what point will people stop saying i wish it would go back to 30? I think BTC has a long way to go. I strongly believe it is not a quick-rich scheme. That said, I have in my mind a quantity of BTC I want to own, based on a % of the total amount (it's small, don't think I'm some kind of Winklevoss guy), and each dip is a buying opportunity in my book. I almost never exchange BTC for fiat, but I buy more BTC when I have the occasion (always with money I can afford to loose, obviously). BTC will always rise and crash, like all commodity-like assets. And now is a newborn: market is a peanut (just barely $20M sitting in the order book ATM, is like a joke), infrastructure is poor (only one exchange controlling 80% of the market? WTF?), real economy activity besides pure speculation is almost non existant. All this points need to be addressed before BTC develops to its full potential. TBH, crashes excite me more than rallies, because I know I will be able to buy more BTC's, which then I can hold or exchange for goods and services. I may be a pervert, but that's how I am. |
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fitty
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April 30, 2013, 02:34:49 PM |
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down it goes
1 small dump and it's pure panic... Unbelievable... lag It's not panic selling. If it happens all within 60 seconds, it's someone or a group of people coin dumping. Toss in a little DDOS, MtGox lag, someone wants to buy back in. |
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StarrManUK
Newbie
Offline
Activity: 52
Merit: 0
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April 30, 2013, 02:36:03 PM |
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lol I bought @ 139 and was thinking that was a bit too early...looks like a good trade now |
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Rampion
Legendary
Offline
Activity: 1148
Merit: 1018
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April 30, 2013, 02:37:15 PM |
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Man, it looks like we're not even going to test $125, that's disappointing. I don't think we would have broken that level anyway.
Let's see how things develop tomorrow - Wednesday is usually the day in which rallies or crashes are triggered.
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molecular
Donator
Legendary
Offline
Activity: 2772
Merit: 1019
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April 30, 2013, 02:37:37 PM |
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damnit, I got to put my stops lower
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lebing
Legendary
Offline
Activity: 1288
Merit: 1000
Enabling the maximal migration
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April 30, 2013, 02:37:58 PM |
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If that was the DDOS guys, it seems they will not be making a profit today.
/success kid
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fitty
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April 30, 2013, 02:38:18 PM |
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lol I bought @ 139 and was thinking that was a bit too early...looks like a good trade now Tried to get in at 138.25 just missed. Bleh. |
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