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Transactions must be included in a block to be properly completed. When you send a transaction, it is broadcast to miners. Miners can then optionally include it in their next blocks. Miners will be more inclined to include your transaction if it has a higher transaction fee.
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BitPirate
Full Member
 Offline
Activity: 238
Merit: 100
RMBTB.com: The secure BTC:CNY exchange. 0% fee!
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June 09, 2013, 07:24:02 AM |
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If you consider there will never be significant BTC adoption at any price, then why are you on these boards cheering the collapse? I'm happy enough to ride the waves -- incredulous as I am sometimes.... but I am a long-term BTC believer, and at least am interested and invested in the technology and ecosystem. You clearly don't want to buy in at a cheap price, given your previous comment. So why are you here? You really just like to troll? |
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Coinseeker
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June 09, 2013, 07:24:24 AM |
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I see a couple smart ones are dumping BTC for XRP while they can. Markets havent had a chance to react. This night just keeps getting better.  EDIT: Bitpirate, don't cry. It's embarrassing.  Take it like a man.  |
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Vicus
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June 09, 2013, 07:26:23 AM |
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This isn't a correction. It also isn't a test. It's tons of money leaving Bitcoin because people lost interest/faith. But at least we have cheap coins right?
All evidences screaming: this is pure manipulation! Day and time choosed for dumps is pure evidence. |
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sarc
Member
Offline
Activity: 98
Merit: 10
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June 09, 2013, 07:26:48 AM |
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While I was sleeping god dammit! Lets get this baby over with....
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Frozenlock
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June 09, 2013, 07:29:55 AM |
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This isn't a correction. It also isn't a test. It's tons of money leaving Bitcoin because people lost interest/faith. But at least we have cheap coins right?
All evidences screaming: this is pure manipulation! Day and time choosed for dumps is pure evidence. Did it ever occur to you that the manipulation might be to avoid a selloff? Try selling 10k BTC on a busy day and watch the result. |
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sarc
Member
Offline
Activity: 98
Merit: 10
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June 09, 2013, 07:30:50 AM |
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Someone was asking yesterday what happens when they cross  :  |
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BitPirate
Full Member
Offline
Activity: 238
Merit: 100
RMBTB.com: The secure BTC:CNY exchange. 0% fee!
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June 09, 2013, 07:31:46 AM
Last edit: June 09, 2013, 07:41:47 AM by BitPirate |
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This isn't a correction. It also isn't a test. It's tons of money leaving Bitcoin because people lost interest/faith. But at least we have cheap coins right?
All evidences screaming: this is pure manipulation! Day and time choosed for dumps is pure evidence. Did it ever occurred to you that the manipulation might be to avoid a selloff? Try selling 10k BTC on a busy day and watch the result. I agree with you that this isn't manipulation -- been waiting for this coming. There has been plenty of manipulation, however. It is what has brought us to this point. Any decisive breaks upward were followed by a DDoS and a precipitous sell-off. This -- cash fleeing -- is the inevitable result. |
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Vicus
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June 09, 2013, 07:40:13 AM |
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Did it ever occur to you that the manipulation might be to avoid a selloff?
Try selling 10k BTC on a busy day and watch the result.
He can dump in small portions all day. I think resulting sell price will be much higher than stupid dump at once... |
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Coinseeker
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June 09, 2013, 07:42:01 AM |
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Did it ever occur to you that the manipulation might be to avoid a selloff?
Try selling 10k BTC on a busy day and watch the result.
He can dump in small portions all day. I think resulting sell price will be much higher than stupid dump at once... Obviously someone wanted to crash the price. |
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hyphymikey
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June 09, 2013, 07:56:46 AM |
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Did it ever occur to you that the manipulation might be to avoid a selloff?
Try selling 10k BTC on a busy day and watch the result.
He can dump in small portions all day. I think resulting sell price will be much higher than stupid dump at once... +1 |
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sarc
Member
Offline
Activity: 98
Merit: 10
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June 09, 2013, 07:59:17 AM |
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Did it ever occur to you that the manipulation might be to avoid a selloff?
Try selling 10k BTC on a busy day and watch the result.
He can dump in small portions all day. I think resulting sell price will be much higher than stupid dump at once... How do you know these aren't the small portions he's dumping? |
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ChartBuddy
Legendary
Offline
Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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June 09, 2013, 07:59:52 AM |
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wopwop
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June 09, 2013, 08:00:11 AM |
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the current sellers are miners, not speculators
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2GOOD
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June 09, 2013, 08:03:18 AM |
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the current sellers are miners, not speculators
Why should a miner sell now when the diff is 25% more ?! |
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wopwop
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June 09, 2013, 08:05:08 AM |
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the current sellers are miners, not speculators
Why should a miner sell now when the diff is 25% more ?! because otherwise they lose money to consumption |
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SlipperySlope
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June 09, 2013, 08:06:27 AM |
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I am 100% back in fiat awaiting further collapse of the bubble.
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wopwop
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June 09, 2013, 08:07:25 AM |
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I am 100% back in fiat awaiting further collapse of the bubble.
better not in mtgox they are going belly up |
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N12
Donator
Legendary
Offline
Activity: 1610
Merit: 1010
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June 09, 2013, 08:10:36 AM |
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I am 100% back in fiat awaiting further collapse of the bubble.
Interesting. If I may ask, around which price did you sell? |
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lucas.sev
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June 09, 2013, 08:11:24 AM |
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Its ridiculus. I'm 100% in fiat, but its fucking ridiculus |
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