molecular
Donator
Legendary
 Offline
Activity: 2772
Merit: 1019
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May 02, 2013, 06:10:32 PM |
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Come on someone, one more dump, only one  you've been engaged in bear-talk for 2 days, then you apparently went short at the worst possible time and now you're begging for a dump... priceless. |
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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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fitty
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May 02, 2013, 06:10:40 PM |
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These aren't downtrends. 40% drop in 7 days isn't a downtrend.
"trend" is simply a matter of timeframe Yeah Black Monday the Dow dropped 22%. They didn't call that a downtrend. We're down 26% today. Like I said, not a downtrend. People are buying *into* a crash. |
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wolongong
Member
Offline
Activity: 66
Merit: 10
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May 02, 2013, 06:11:34 PM |
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Well I sat this one out, was nice to watch. This does however change my view slightly to...not sure really. What's a cross between a bear and a bull? Yeah that. That's me. Probably.
A horny bear? j/k Not going to trading here until the Gox clears that huge verification backlog. |
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phoenix1
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May 02, 2013, 06:12:22 PM |
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I'm one of these bulls that is "trapped" (bought at 120ish ) and it doesn't bother me. i will keep buying, because i have faith.
Fair play to you ... likewise I thought at the very least we would get some sort of resistance and bounce from $120 ... it had been so hyped (maybe that was the clue !). Also bought at this level ... but cut it when it collapsed. Expensive mistake ... but I know I could not have taken the extra pain of today's drop so no regrets. Still think we have not seen the low yet ... but I am not a very reliable indicator  |
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Ivanhoe
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May 02, 2013, 06:15:14 PM |
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1 minute lag, and almost no trades  |
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awakening
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May 02, 2013, 06:15:22 PM |
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Ok guys, I have $25k. So somebody's got to be willing to SELL me some bitcoins @100, right? If not, this only proves to me about the tape-painting capabilities of the PTB, and underlines the importance of developing the things in the conference: dealer network, supernode and real bills. You know my number. I'll go to have some snails and chardonnay. Btw, this is the last day when we see $95 EVER, you can quote me on that.  I'll sell you $25K @105/ BTCThat shouldn't be a problem, he said he has UNLIMITED money  But It was a concept hard to grasp... PD: 1 min lag at Gox ? |
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tomjo7
Newbie
Offline
Activity: 47
Merit: 0
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May 02, 2013, 06:18:07 PM |
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Yep, lots and lots of 0.01 bids happening now, price going down again.
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gizmoh
Legendary
Offline
Activity: 1428
Merit: 1000
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May 02, 2013, 06:21:19 PM |
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Gox lag was late to the party, oh well, never too late for another panic time
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Aseras
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May 02, 2013, 06:21:51 PM |
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1 minute lag, and almost no trades thats mtlag for you. why use a pen and paper when you have a start of the art price matching engine that works by counting apples and oranges pushed around by hamsters, that apparently are unionized. |
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KillaMarci
Member
Offline
Activity: 84
Merit: 10
Bitcoin Mininode...and proud!
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May 02, 2013, 06:22:46 PM |
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Pretty sure this is another 0.01 DDoS?
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fitty
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May 02, 2013, 06:28:18 PM |
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Pretty sure this is another 0.01 DDoS?
I'd be pissed too. This bitch won't sink. |
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glendall
Legendary
Offline
Activity: 2100
Merit: 1018
Sugars.zone | DatingFi - Earn for Posting
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May 02, 2013, 06:28:26 PM |
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I find it funny that merely 3 hours ago many folks were predicting the end of BTC, and that it would be at $60 by the end of the day  The old-hands around here must find the hair-trigger-panic pretty amusing as well. |
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Brushan
Member
Offline
Activity: 224
Merit: 10
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May 02, 2013, 06:28:47 PM |
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Volume is low. Lag over 30 seconds. Strange...
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gizmoh
Legendary
Offline
Activity: 1428
Merit: 1000
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May 02, 2013, 06:31:20 PM |
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I find it funny that merely 3 hours ago many folks were predicting the end of BTC, and that it would be at $60 by the end of the day The old-hands around here must find the hair-trigger-panic pretty amusing as well. The slide will come gradually, just look at the charts.. |
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samson
Legendary
Offline
Activity: 2097
Merit: 1068
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May 02, 2013, 06:34:33 PM |
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I find it funny that merely 3 hours ago many folks were predicting the end of BTC, and that it would be at $60 by the end of the day The old-hands around here must find the hair-trigger-panic pretty amusing as well. The day is far from over yet ! |
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fitty
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May 02, 2013, 06:44:18 PM |
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0.1 bounty to the guy who drops 175k and destroys that dancing wall at 104 ;p
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underground_
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May 02, 2013, 06:50:13 PM |
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0.1 bounty to the guy who drops 175k and destroys that dancing wall at 104 ;p
I got some of it. |
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Hawker
Legendary
Offline
Activity: 1218
Merit: 1001
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May 02, 2013, 06:51:23 PM |
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0.1 bounty to the guy who drops 175k and destroys that dancing wall at 104 ;p
I listed 105 for sale at 94 and went out. WTF has happened while I was away - I expect the prices to be in the 80s by now  |
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fitty
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May 02, 2013, 06:57:05 PM |
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0.1 bounty to the guy who drops 175k and destroys that dancing wall at 104 ;p
I got some of it. I believe you, PM me your address you win the bounty. |
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underground_
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May 02, 2013, 06:57:54 PM |
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0.1 bounty to the guy who drops 175k and destroys that dancing wall at 104 ;p
I got some of it. I believe you, PM me your address you win the bounty. It's ok. I've got enough coins, now. |
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