ElectricMucus
Legendary
 Offline
Activity: 1666
Merit: 1057
Marketing manager - GO MP
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May 30, 2013, 08:02:39 PM |
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This needs an ask wall to work.
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NamelessOne
Legendary
Offline
Activity: 840
Merit: 1000
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May 30, 2013, 08:03:59 PM |
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Holy selloff batman!
Or, holy shakedown Still it amazes me how little it goes down. A sell like this was enough for a drop to 110 dollars a while back...now it drops a few dollars. People don't panic anymore like they used to do. Instead it seems people consider it a great opportunity to buy "cheap coins". I could be wrong but that's the feeling i have. I would have thought the price would go up, considering that now it is impossible to withdraw fiat from MtGox. Wire transfers are pretty easy to use to withdraw fiat from MtGox. |
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NamelessOne
Legendary
Offline
Activity: 840
Merit: 1000
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May 30, 2013, 08:05:06 PM |
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This needs an ask wall to work.
Yes, the 4k seller is just a weak hand or someone seriously gambling and hoping to cause a drop. |
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neutrinox
Full Member
Offline
Activity: 182
Merit: 100
1MCKW9AkWj3aopC1aPegcZEf2fYNrhUQVf
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May 30, 2013, 08:06:32 PM |
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Holy selloff batman!
Or, holy shakedown Sorry about a noob question, but to what website should I go in order to easily see the amount of this big sell (and others)? |
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ShroomsKit
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May 30, 2013, 08:06:44 PM |
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Holy selloff batman!
Or, holy shakedown Still it amazes me how little it goes down. A sell like this was enough for a drop to 110 dollars a while back...now it drops a few dollars. People don't panic anymore like they used to do. Instead it seems people consider it a great opportunity to buy "cheap coins". I could be wrong but that's the feeling i have. I would have thought the price would go up, considering that now it is impossible to withdraw fiat from MtGox. Huh? Explain? |
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Frozenlock
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May 30, 2013, 08:07:02 PM |
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This needs an ask wall to work.
Yes, the 4k seller is just a weak hand or someone seriously gambling and hoping to cause a drop. Well... it did drop  |
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ShroomsKit
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May 30, 2013, 08:07:39 PM |
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This needs an ask wall to work.
Yes, the 4k seller is just a weak hand or someone seriously gambling and hoping to cause a drop. Or he needs to pay the rent. For his castle. |
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Rampion
Legendary
Offline
Activity: 1148
Merit: 1018
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May 30, 2013, 08:08:26 PM |
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This needs an ask wall to work.
Yes, the 4k seller is just a weak hand or someone seriously gambling and hoping to cause a drop. Or just someone that needed his $500k for a new cozy flat. |
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Arcas
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May 30, 2013, 08:09:18 PM |
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Holy selloff batman!
Or, holy shakedown Still it amazes me how little it goes down. A sell like this was enough for a drop to 110 dollars a while back...now it drops a few dollars. People don't panic anymore like they used to do. Instead it seems people consider it a great opportunity to buy "cheap coins". I could be wrong but that's the feeling i have. I would have thought the price would go up, considering that now it is impossible to withdraw fiat from MtGox. Huh? Explain? Sorry. Without verification I should have said. |
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Piper67
Legendary
Offline
Activity: 1106
Merit: 1001
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May 30, 2013, 08:09:40 PM |
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Holy selloff batman!
Or, holy shakedown Sorry about a noob question, but to what website should I go in order to easily see the amount of this big sell (and others)? Try http://bitcoinity.org/markets |
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NamelessOne
Legendary
Offline
Activity: 840
Merit: 1000
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May 30, 2013, 08:10:14 PM |
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This needs an ask wall to work.
Yes, the 4k seller is just a weak hand or someone seriously gambling and hoping to cause a drop. Well... it did drop Yes, a drop created solely by the seller and completely useless to him unless it goes way further. |
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Its About Sharing
Legendary
Offline
Activity: 1442
Merit: 1000
Antifragile
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May 30, 2013, 08:10:22 PM |
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Holy selloff batman!
Or, holy shakedown Still it amazes me how little it goes down. A sell like this was enough for a drop to 110 dollars a while back...now it drops a few dollars. People don't panic anymore like they used to do. Instead it seems people consider it a great opportunity to buy "cheap coins". I could be wrong but that's the feeling i have. I would have thought the price would go up, considering that now it is impossible to withdraw fiat from MtGox. Huh? Explain? The thinking is that since people can't easily withdraw funds, they will buy Bitcoins and then just transfer them off (and maybe sell them at another exchange). But that last point doesn't seem to be happening judging by the price since the news (selling part, buying part has happened I'd say). |
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NamelessOne
Legendary
Offline
Activity: 840
Merit: 1000
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May 30, 2013, 08:11:03 PM |
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This needs an ask wall to work.
Yes, the 4k seller is just a weak hand or someone seriously gambling and hoping to cause a drop. Or just someone that needed his $500k for a new cozy flat. Should have sold slower if that was the case. |
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wonkytonky
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May 30, 2013, 08:12:21 PM |
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Holy selloff batman!
Or, holy shakedown Still it amazes me how little it goes down. A sell like this was enough for a drop to 110 dollars a while back...now it drops a few dollars. People don't panic anymore like they used to do. Instead it seems people consider it a great opportunity to buy "cheap coins". I could be wrong but that's the feeling i have. I get that feeling too. Maybe it's because every panic has been beaten back so well. I still remember the panic to $98 being turned straight around back to >$110. after a while.. the selloff game is getting boring.. i remember the day i started with bitcoin.. i'd be loosing my mind back then .. and panic selling .. and ofcourse.. loosing lots of coins lol these days. it's like.. yawn.. whats next?.. i want a rally up.. i'm so bored... i cannot even short this selloff.. with lack on volume on ask side. |
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ShroomsKit
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May 30, 2013, 08:13:04 PM |
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This needs an ask wall to work.
Yes, the 4k seller is just a weak hand or someone seriously gambling and hoping to cause a drop. Well... it did drop Yes, a drop created solely by the seller and completely useless to him unless it goes way further.  |
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dwdoc
Legendary
Offline
Activity: 966
Merit: 1000
- - -Caveat Aleo- - -
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May 30, 2013, 08:13:37 PM |
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30 day trend is still clearly up.
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NamelessOne
Legendary
Offline
Activity: 840
Merit: 1000
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May 30, 2013, 08:14:30 PM |
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30 day trend is still clearly up.
+! indeed! |
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Frozenlock
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May 30, 2013, 08:15:57 PM |
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Will you panic if we break $126?
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dwdoc
Legendary
Offline
Activity: 966
Merit: 1000
- - -Caveat Aleo- - -
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May 30, 2013, 08:17:06 PM |
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Holy selloff batman!
Or, holy shakedown Still it amazes me how little it goes down. A sell like this was enough for a drop to 110 dollars a while back...now it drops a few dollars. People don't panic anymore like they used to do. Instead it seems people consider it a great opportunity to buy "cheap coins". I could be wrong but that's the feeling i have. I get that feeling too. Maybe it's because every panic has been beaten back so well. I still remember the panic to $98 being turned straight around back to >$110. after a while.. the selloff game is getting boring.. i remember the day i started with bitcoin.. i'd be loosing my mind back then .. and panic selling .. and ofcourse.. loosing lots of coins lol these days. it's like.. yawn.. whats next?.. i want a rally up.. i'm so bored... i cannot even short this selloff.. with lack on volume on ask side. I assume by shorting you just mean selling btc. There is no vehicle for shorting the value of btc if you own none. Correct? |
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ShroomsKit
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May 30, 2013, 08:17:17 PM |
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628 btc needed to reach $131 again  I can totally see a 500/1k buy any minute now. |
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