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NewLiberty
Legendary
Offline
Activity: 1204
Merit: 1002
Gresham's Lawyer
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December 21, 2013, 04:16:35 AM |
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On that initial drop today, BTCChina dropped like 8-8.5%. Gox dropped like 17%. 5x the volume on Gox. (just ballparking looking at charts)
WTF....
exactly. house. of. cards. The ONLY thing I can see saving this market is a lot of offline purchases like the one Loaded did and new money coming from the exchange from big hands waiting for an entry point. But those are freaking loooooong odds. If this wasn't going into Christmas week, I'd have more faith. I mean, right now it only take ONE large hand to liquidate in China and the market will crash. I bet 2000 coins would do it. yeah if btc china is really toast ....it will sink in a day or two after jan 1st 2014.....then if we can stabilize at 500 usd coin I'd be thrilled that is a lot of folk to yank out of bitcoin at one time (unless there are alternate reasons or ways for them to use/move btc I'm not aware of ...noob that I am) Searing Do not underestimate the great walls of BTCchina. I think they will still be around and doing nicely this time next year.
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nanobrain
Legendary
Offline
Activity: 1008
Merit: 1000
Dumb broad
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December 21, 2013, 04:19:22 AM |
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If Dogecoin was so genius, Bitcoin could just incorporate it's algorithms or whatever, while maintaining all the advantages that Bitcoin already has (first mover, infrastructure, media attention, currency acceptance, etc.).
But it wouldn't be called Dogecoin, which is precisely why Dogecoin is such a great investment. It does have that intrinsic name value that no one can counterfeit. Very good observation.. Howdy y'all I still cant work out if its mean tot be Doggy Coin or Dodgy Coin....either way its pretty shit... Its Daugecoin. Either way it's so wow Anything that needs a pronunciation guide has problems? But you know its Wiki page actually has a picture of a dog on the coin? I thought the idea was you could mine coins with an image of your dog embedded...some sort of Japanese thing.
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Loaded
Full Member
Offline
Activity: 135
Merit: 113
whale eater
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December 21, 2013, 04:22:37 AM |
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Now buying: dogecoin, only with 2 BTC play money.
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geoffreyqp
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December 21, 2013, 04:25:51 AM |
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where do i buy this dogecoin?
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aminorex
Legendary
Offline
Activity: 1596
Merit: 1029
Sine secretum non libertas
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December 21, 2013, 04:26:16 AM |
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Now buying: dogecoin, only with 2 BTC play money.
lol. i think you just ddos-ed cryptsy.
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oakpacific
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December 21, 2013, 04:27:37 AM |
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Seems that Loaded's purchase indeed works, Chinese price has been climbing.
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mellowyellow
Member
Offline
Activity: 112
Merit: 10
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December 21, 2013, 04:30:24 AM |
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Seems that Loaded's purchase indeed works, Chinese price has been climbing. But won't he have to sell on his return to turn a profit, or will he hodl?
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oakpacific
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December 21, 2013, 04:33:36 AM |
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Seems that Loaded's purchase indeed works, Chinese price has been climbing. But won't he have to sell on his return to turn a profit, or will he hodl? Whales don't move coins to arbitrage, if they want to sell they will do immediately after the purchase is done, otherwise other big whales can one-up you and crash the market, especially if you made the whole deal public.
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MikeH
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December 21, 2013, 04:37:44 AM |
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dogecoin is like tulips dipped in shit.
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MikeH
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December 21, 2013, 04:42:49 AM |
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dogecoin is like tulips dipped in shit.
i find it to be lulz yeah I found it funny too til like $10 million poured into it and I'm like what the hell are you doing!!?
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11ams
Newbie
Offline
Activity: 56
Merit: 0
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December 21, 2013, 04:43:12 AM |
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Dogecoin is basically Goxlag. while BTC was dropping, some people were distracted and had fun with DOGE instead of cashing out and writing off crypto. Long live Doge, long live crypto.
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TERA
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December 21, 2013, 04:43:56 AM |
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I have a feeling that when I sleep I will wake up and the market will have moved against my position. It happens 2/3 times I sleep. But the solution of not sleeping cannot be sustained any longer.
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fotosonics
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December 21, 2013, 04:44:02 AM |
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This vid on reddit... Bitcoin to be integrated into email, browsers and cellphones? Secret meetings with Eric Schmidt? It feels like an MLM scam put out by the illuminati. all-around weird.
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thefunkybits
Legendary
Offline
Activity: 1218
Merit: 1000
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December 21, 2013, 04:47:03 AM |
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I have a feeling that when I sleep I will wake up and the market will have moved against my position. It happens 2/3 times I sleep. But the solution of not sleeping cannot be sustained any longer.
lol this. Im starting to go crazy right now
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adamstgBit
Legendary
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Activity: 1904
Merit: 1037
Trusted Bitcoiner
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December 21, 2013, 04:47:46 AM |
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This vid on reddit... Bitcoin to be integrated into email, browsers and cellphones? Secret meetings with Eric Schmidt? It feels like an MLM scam put out by the illuminati. all-around weird. panic buy might be in order....
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thefunkybits
Legendary
Offline
Activity: 1218
Merit: 1000
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December 21, 2013, 04:53:04 AM |
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This vid on reddit... Bitcoin to be integrated into email, browsers and cellphones? Secret meetings with Eric Schmidt? It feels like an MLM scam put out by the illuminati. all-around weird. panic buy might be in order.... any links?
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damiano
Legendary
Offline
Activity: 1246
Merit: 1000
103 days, 21 hours and 10 minutes.
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December 21, 2013, 04:56:57 AM |
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I have a feeling that when I sleep I will wake up and the market will have moved against my position. It happens 2/3 times I sleep. But the solution of not sleeping cannot be sustained any longer.
Do the opposite of your first instinct
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