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Richard Branson
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February 10, 2014, 01:31:42 PM |
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It's not only Bitfinex. someone dumped to 102$ on BTC-e too. WTF.
It's stupid to sell in a big junk. He could easily get 4 times more money. He was probably someone with 0.01 $ bitcoins. If you have a big junk and expect the price to drop to below 100$, why no execute a market order? He still made a gigantic profit out of thin air. Time to panic buy!  No, we are on the right side of a dead cat bounce. It will get lower than last drop (expect btc-e and bitfenix). |
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empowering
Legendary
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Activity: 1078
Merit: 1441
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February 10, 2014, 01:32:07 PM |
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I am again thinking of leaving the markets alltogether. I have never felt so much fear. Even though I was 80% fiat I was sure the exchanges we're just going to run with the fiat. I do not want to be around when a serious protocol failure actually happens and everything comes tumbling down for real.
wow... really? |
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magicmexican
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February 10, 2014, 01:33:28 PM |
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WTF, it went down to 10$ on Bitfinex. Wow, some margin longs went wrong.
Bitfinex lost their link with Bitstamp due to insufficient funds in the BFX account on Stamp. So all liquidations were executed on the much shallower Bitfinex orderbook which caused other long positions to be liquidated as things started to snowball. It's not only Bitfinex. someone dumped to 102$ on BTC-e too. WTF. If it wasnt a missclick/bot mistake/etc then someone was either in full retard panic mode (f.e super early adopter who freaked out and decided to leave the scene), or was just forced to sell. I dont see any other explanation, someone suggesting it was "inside info trade" "he knows something" is completely retarded. Someone "trying to cause the panic" is also very unlikely. |
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stompix
Legendary
Offline
Activity: 2926
Merit: 6418
Blackjack.fun
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February 10, 2014, 01:36:09 PM |
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Damn what a day, increased my btc stash with over 15%. Dont have to work for a year now  . To the moon! If btc might drop to 2$ your stash will be close to worthless , so you might be going to work soon enough. |
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stompix
Legendary
Offline
Activity: 2926
Merit: 6418
Blackjack.fun
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February 10, 2014, 01:37:58 PM |
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Mt.Gox and BTC-e thank you for quadruppling my BTC holdings. If you're saying BTC-e , how many of your orders and at what value were filled ? |
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stompix
Legendary
Offline
Activity: 2926
Merit: 6418
Blackjack.fun
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February 10, 2014, 01:39:17 PM |
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You were promised $500 coins and they have been delivered. Now Choo chooo!
No choo-choo this year. This year? A year is like a geological era for cryptos. There will be at least 10 choo-choos and a few bear dumps this year. |
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wizby
Member
Offline
Activity: 66
Merit: 10
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February 10, 2014, 01:41:57 PM |
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I am again thinking of leaving the markets alltogether. I have never felt so much fear. Even though I was 80% fiat I was sure the exchanges we're just going to run with the fiat. I do not want to be around when a serious protocol failure actually happens and everything comes tumbling down for real.
oh good, let the capitulation phase begin... in benefit of all community. |
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MANofthePEOPLE
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February 10, 2014, 01:42:36 PM |
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btc-e down.. Please no dump until it comes back
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Notanon
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February 10, 2014, 01:42:48 PM |
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Going to be pointing my miners at PPC once I've managed to get enough to cash out my Slush's Pool account. Looks to be a far more profitable approach at this point.
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magicmexican
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February 10, 2014, 01:43:09 PM |
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You were promised $500 coins and they have been delivered. Now Choo chooo!
No choo-choo this year. This year? A year is like a geological era for cryptos. There will be at least 10 choo-choos and a few bear dumps this year. agreed, its been 2 months and 10 days of 2014 and we already had tons of action trollbox : samuelhei: BTC is overvalued! Sell now, and buy back $102 |
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SlaveInDebt
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February 10, 2014, 01:43:54 PM |
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Been out of the loop for a few months. What did I miss?
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TERA
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February 10, 2014, 01:45:17 PM |
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I am again thinking of leaving the markets alltogether. I have never felt so much fear. Even though I was 80% fiat I was sure the exchanges we're just going to run with the fiat. I do not want to be around when a serious protocol failure actually happens and everything comes tumbling down for real.
wow... really? It is a passing thought. I may end up just withdrawing a substantial amount of fiat to ease my concerns but keep enough here to still be involved. Protocol issues are serious business. You all act so confident. You are confident because all of the issues have worked out in the past (4 years), and you can be confident because the issue worked out today. You can even all be condescending to me after, of course, you have already won. However, the fact still remains that you cannot predict the future. |
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chessnut
Legendary
Offline
Activity: 924
Merit: 1001
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February 10, 2014, 01:45:40 PM |
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btc-e down.. Please no dump until it comes back
Shoot, I am not the only one, does this happen often? does it usually come back? |
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Mythul
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February 10, 2014, 01:45:45 PM |
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btc-e down. wtf  |
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zkaraca
Member
Offline
Activity: 84
Merit: 10
BTC
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February 10, 2014, 01:47:13 PM |
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btc-e down. wtf Yes they do this often. Crash = go offline  |
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TERA
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February 10, 2014, 01:48:18 PM |
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I can imagine btce attempting to a trading rollback and Dalmar has already run with his $250 coins.
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porcupine87
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February 10, 2014, 01:48:49 PM |
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btc-e down. wtf Yes they do this often. Crash = go offline The bots are still trading, when you look at bitceinwisdom...? |
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ShroomsKit
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February 10, 2014, 01:49:19 PM |
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Been out of the loop for a few months. What did I miss?
Panic, sheep, panic, more sheep. |
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mah87
Donator
Hero Member
Offline
Activity: 756
Merit: 500
-Bitcoin & Ripple-
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February 10, 2014, 01:52:02 PM |
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magicmexican
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February 10, 2014, 01:52:58 PM |
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As far as the price goes, we kinda time traveled back to dec 20-21
Last time it resulted in a 2day rally, followed by ~1month of sideways actions, lets see what happens this time.
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