surfer43
Sr. Member
 Offline
Activity: 560
Merit: 250
"Trading Platform of The Future!"
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February 10, 2014, 07:24:16 AM |
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Here we go....  |
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MANofthePEOPLE
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February 10, 2014, 07:32:51 AM |
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Here we go.... Not much going on? |
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surfer43
Sr. Member
Offline
Activity: 560
Merit: 250
"Trading Platform of The Future!"
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February 10, 2014, 07:35:06 AM |
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Here we go.... Not much going on? had to delete the post because the countdown was removed for some reason by bitcointalk.org software. Downloaded from source, upload to imgur, post img tag with direct link to imgur gif |
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billyjoeallen
Legendary
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Activity: 1106
Merit: 1007
Hide your women
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February 10, 2014, 07:39:39 AM |
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The market hates uncertainty. It's better to have bad news than no news at all. Mark either doesn't know this or doesn't care. I wouldn't be surprised if he is murdered.
Why isn't anyone buying on Bitstamp? Every other market is higher. Stamp was never a market leader, so what are you guys waiting for?
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ShroomsKit
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February 10, 2014, 07:44:11 AM |
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The market hates uncertainty. It's better to have bad news than no news at all. Mark either doesn't know this or doesn't care. I wouldn't be surprised if he is murdered.
Why isn't anyone buying on Bitstamp? Every other market is higher. Stamp was never a market leader, so what are you guys waiting for?
Because everybody is pooping their pants...again. Waiting for the next omg panic sell! Silly, silly sheep. When this round of panic selling is done and we're at 550 they're gonna start looking for the next reason to omg panic. |
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OldGeek
Sr. Member
Offline
Activity: 266
Merit: 250
Blitz:The price affects the perception of the news
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February 10, 2014, 07:44:35 AM |
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I don't trade on Stamp. My orders are on BTC-e.
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GaliX
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February 10, 2014, 07:45:28 AM |
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The market hates uncertainty. It's better to have bad news than no news at all. Mark either doesn't know this or doesn't care. I wouldn't be surprised if he is murdered.
Why isn't anyone buying on Bitstamp? Every other market is higher. Stamp was never a market leader, so what are you guys waiting for?
Because everybody is pooping their pants...again. Waiting for the next omg panic sell! Silly, silly sheep. meanwhile Dogecoin is going nuts. |
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OldGeek
Sr. Member
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Activity: 266
Merit: 250
Blitz:The price affects the perception of the news
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February 10, 2014, 07:59:15 AM |
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Looks like we go down a ways.
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JorgeStolfi
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February 10, 2014, 08:00:57 AM |
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Huobi's volume is much lower than yesterday's; nearly as low as it was during some days of the New Year holiday week, when banks were closed. Yet I found no mention in the web of Feb 10 being a bank holiday in China.
I am now afraid that my prediction (4450 CNY at 19:00 UTC) will fail, as it depended on the general downward trend we have seen since the end of the Chinese bank holidays (a trend which is manifest only when the Chinese are fast asleep).
Right now it would take at least 1500 BTC of trade to get Huobi down to 4450. But I still have some hope: we are still 12 hours away from the target time, and even at the current slow pace the total volume until then will be much more than that.
I do not know what could be driving that downward trend, but the cause is probably in China since it started sharply at the end of the holidays, after the price had been nearly constant for a week. Perhaps there is a steady stream of disappointed Chinese investors leaving the game, so that the Chinese market has fewer and fewer Yuan competing for the same number of Bitcoins?
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ChartBuddy
Legendary
 Online
Activity: 2240
Merit: 1779
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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February 10, 2014, 08:02:21 AM |
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creekbore
Full Member
Offline
Activity: 210
Merit: 100
Lazy, cynical and insolent since 1968
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February 10, 2014, 08:03:24 AM |
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Here we go.... Not much going on? had to delete the post because the countdown was removed for some reason by bitcointalk.org software. Downloaded from source, upload to imgur, post img tag with direct link to imgur gif Nice work around. At least my fail wasn't too epic |
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Bullcoin
Newbie
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Activity: 14
Merit: 0
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February 10, 2014, 08:08:06 AM |
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Preparing for an epic dip. No word from Mt Gox and they promised update today JST. Its past 5p JST - if they had a semi-positive update they would have released it by now. Preparing for some cheap coins!
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Tyson95
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February 10, 2014, 08:10:36 AM |
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Preparing for an epic dip. No word from Mt Gox and they promised update today JST. Its past 5p JST - if they had a semi-positive update they would have released it by now. Preparing for some cheap coins!
GTFO Coinbull! |
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billyjoeallen
Legendary
Offline
Activity: 1106
Merit: 1007
Hide your women
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February 10, 2014, 08:12:20 AM |
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The market hates uncertainty. It's better to have bad news than no news at all. Mark either doesn't know this or doesn't care. I wouldn't be surprised if he is murdered.
Why isn't anyone buying on Bitstamp? Every other market is higher. Stamp was never a market leader, so what are you guys waiting for?
Because everybody is pooping their pants...again. Waiting for the next omg panic sell! Silly, silly sheep. When this round of panic selling is done and we're at 550 they're gonna start looking for the next reason to omg panic. Not everybody-just the traders on Bitstamp. It seems unwise for the people with the least access to information to attempt to front-run a downturn that may not happen. |
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OldGeek
Sr. Member
Offline
Activity: 266
Merit: 250
Blitz:The price affects the perception of the news
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February 10, 2014, 08:13:47 AM |
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Right now it would take at least 1500 BTC of trade to get Huobi down to 4450. But I still have some hope: Another hour at the trading rate evident now and you'll see the 4450 go by fairly fast. |
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OldGeek
Sr. Member
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Activity: 266
Merit: 250
Blitz:The price affects the perception of the news
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February 10, 2014, 08:18:12 AM |
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Not everybody-just the traders on Bitstamp. It seems unwise for the people with the least access to information to attempt to front-run a downturn that may not happen.
While I tend to agree with you here, one must not dismiss the herd mentality. Even semi-rational nutcases can get caught up in the moment. |
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OldGeek
Sr. Member
Offline
Activity: 266
Merit: 250
Blitz:The price affects the perception of the news
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February 10, 2014, 08:28:54 AM |
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I don't see anything out of the ordinary going on right now. The two western exchanges are trading in their, roughly, $25 channel. They each reacted to the latest drop on the dead exchange and then promptly started back up.
Keep a steady hand on the tiller, lad. We'll weather this storm if you keep her nose into the wind.
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JorgeStolfi
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February 10, 2014, 08:29:27 AM |
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Preparing for an epic dip. No word from Mt Gox and they promised update today JST.
I suspect that the news from MtGOX will be bad for those trapped there, but in any case there should be no immediate impact on price at other exchanges. Most traders must have been aware of their problems for weeks, and are not affected by them. Even a complete collapse of MtGOX should affect the price only in the longer term, after it is featured on mainstream media and scares some potential investors away from Bitcoin. |
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