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SGExodus
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June 09, 2013, 08:22:32 AM |
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$90 hit!!. now awaiting $80
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It is a common myth that Bitcoin is ruled by a majority of miners. This is not true. Bitcoin miners "vote" on the ordering of transactions, but that's all they do. They can't vote to change the network rules.
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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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SlipperySlope
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June 09, 2013, 08:22:44 AM |
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This is an amazing drop.  Yes, here in the USA hardly anyone knows about it. |
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micalith
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June 09, 2013, 08:24:26 AM |
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I was hoping there would be more bouncing. Should bounce at 90 really, but I'm worried it just might not
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lucas.sev
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June 09, 2013, 08:24:38 AM |
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Every time I think about east coast I chuckle  |
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BTCThousandaire
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June 09, 2013, 08:24:52 AM |
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91 is cheap. I sold about 20% of my coins at 97.5, couldn't get filled at 100 or 98 although I tried. I'm thinking it probably won't go up very fast since people will wake up and see the price below 100 and think the bubble is popping. If I'm lucky I can buy back at $70 or $80, or really lucky $50.
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wopwop
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June 09, 2013, 08:25:08 AM |
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some miners woke up just now and are noticing they are almost mining at a loss (but not yet)
as of yet speculators are still HOLDING
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Rampion
Legendary
 Offline
Activity: 1148
Merit: 1018
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June 09, 2013, 08:27:34 AM |
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Yes, they are pretty cheap.
A few of us warned weeks ago that this would happen... people want cheap coins? Well there you go. You have them. Fat lot of good it will do you now.
I don't see anyone buying all those cheap coins. Amazing, isn't it? Not really -- any hopes of recovery up until 2 weeks ago were pretty much ruined by manipulators aiming for "cheaper coins". It removed all steam from the market, and has cheapened the value of bitcoin. Now we're seeing the result -- the cash-out. They wanted cheaper coins, they got them. It's time now for people to fully reconcile the phrase "cheap coins" with reality. Date Registered: 14-03-2013, 03:59:40 Babby's first Bitcoin bear market/major correction.  had friends mining them and selling (for 6$ or something) in 2010 Selling coins at $6 in 2010? Cool story, bro. |
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Coinseeker
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June 09, 2013, 08:29:07 AM |
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Every time I think about east coast I chuckle  |
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SlipperySlope
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June 09, 2013, 08:29:17 AM |
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Is anyone else noticing the relatively low lag at Mt. Gox? Smooth handling of the high volume so far.
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Sitarow
Legendary
Offline
Activity: 1792
Merit: 1047
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June 09, 2013, 08:29:43 AM |
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wopwop
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June 09, 2013, 08:30:29 AM |
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Is anyone else noticing the relatively low lag at Mt. Gox? Smooth handling of the high volume so far.
its not high volume!!!!!!!!!!!! |
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lucas.sev
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June 09, 2013, 08:30:35 AM |
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Yes, they are pretty cheap.
A few of us warned weeks ago that this would happen... people want cheap coins? Well there you go. You have them. Fat lot of good it will do you now.
I don't see anyone buying all those cheap coins. Amazing, isn't it? Not really -- any hopes of recovery up until 2 weeks ago were pretty much ruined by manipulators aiming for "cheaper coins". It removed all steam from the market, and has cheapened the value of bitcoin. Now we're seeing the result -- the cash-out. They wanted cheaper coins, they got them. It's time now for people to fully reconcile the phrase "cheap coins" with reality. Date Registered: 14-03-2013, 03:59:40 Babby's first Bitcoin bear market/major correction. had friends mining them and selling (for 6$ or something) in 2010 Selling coins at $6 in 2010? Cool story, bro. Sorry this guy was in Poland and I think was selling them for around 30PLN, it was a guy with nick "duniek" |
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byronbb
Legendary
Offline
Activity: 1414
Merit: 1000
HODL OR DIE
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June 09, 2013, 08:32:42 AM |
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We really need to set an alarm on this bad boy. |
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Rampion
Legendary
Offline
Activity: 1148
Merit: 1018
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June 09, 2013, 08:34:58 AM |
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The Avalon guy was already "up" during this crash. Do you know in what time zone is China in, right? |
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wopwop
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June 09, 2013, 08:35:56 AM |
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The Avalon guy was already "up" during this crash. Do you know in what time zone is China in, right? hes from usa |
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SGExodus
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June 09, 2013, 08:36:06 AM |
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The Avalon guy was already "up" during this crash. Do you know in what time zone is China in, right? Don't you know it's 5 days work week for Chinese people these days  |
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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, 08:38:13 AM |
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The Avalon guy was already "up" during this crash. Do you know in what time zone is China in, right? Don't you know it's 5 days work week for Chinese people these days 7-day work week. I'm in the office :-) Then a 3-day break |
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Rampion
Legendary
Offline
Activity: 1148
Merit: 1018
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June 09, 2013, 08:41:34 AM |
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Yes, they are pretty cheap.
A few of us warned weeks ago that this would happen... people want cheap coins? Well there you go. You have them. Fat lot of good it will do you now.
I don't see anyone buying all those cheap coins. Amazing, isn't it? Not really -- any hopes of recovery up until 2 weeks ago were pretty much ruined by manipulators aiming for "cheaper coins". It removed all steam from the market, and has cheapened the value of bitcoin. Now we're seeing the result -- the cash-out. They wanted cheaper coins, they got them. It's time now for people to fully reconcile the phrase "cheap coins" with reality. Date Registered: 14-03-2013, 03:59:40 Babby's first Bitcoin bear market/major correction. had friends mining them and selling (for 6$ or something) in 2010 Selling coins at $6 in 2010? Cool story, bro. Sorry this guy was in Poland and I think was selling them for around 30PLN, it was a guy with nick "duniek" Considering that the absolute maximum price at which BTC were traded in 2010 is $0.5, your" duniek" friend is a boss indeed. Did he bought an island and retired? Was he selling Bitcoins at $3000 in 2013? |
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