creekbore
Full Member
 Offline
Activity: 210
Merit: 100
Lazy, cynical and insolent since 1968
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February 16, 2014, 01:31:44 PM |
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Well I think one thing has become clear here, Bitstamp has certainly not bottomed out into a rally. For one, look how low the volume has been.
Volume is not bad considering it is Sunday am in the US. There's only going to be volatility from now until Gox says something...you should be loving it. |
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Every time a block is mined, a certain amount of BTC (called the
subsidy) is created out of thin air and given to the miner. The
subsidy halves every four years and will reach 0 in about 130 years.
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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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xulescu
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February 16, 2014, 01:32:55 PM |
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Hmm, I wonder if these markets could possibly stay irrational for longer than I can stay solvent..
Don't use leverage and you are fine. Or if you ran out of blow, guess the swings with 0.1 BTC each bet at 10x leverage. Same rush, but lasts for hours and hours. |
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TERA
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February 16, 2014, 01:33:14 PM |
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Well I think one thing has become clear here, Bitstamp has certainly not bottomed out into a rally. For one, look how low the volume has been.
Volume is not bad considering it is Sunday am in the US. There's only going to be volatility from now until Gox says something...you should be loving it. Not just today; look at Saturday's bar: 21k. |
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Davyd05
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February 16, 2014, 01:35:08 PM |
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Well I think one thing has become clear here, Bitstamp has certainly not bottomed out into a rally. For one, look how low the volume has been.
Volume is not bad considering it is Sunday am in the US. There's only going to be volatility from now until Gox says something...you should be loving it. Not just today; look at Saturday's bar: 21k. cause they did 68k in buys friday? |
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mmitech
Legendary
Offline
Activity: 1148
Merit: 1001
things you own end up owning you
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February 16, 2014, 01:35:08 PM |
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Stop selling on Stamp you idiots! There is no reason to panic! You are only making it worse for yourself! You stupid sheep!
traders sell now hoping to buy lower, others panic thinking about the worse case scenario which I cant figure out yet, on Monday or in general next week there will be 2 scenarios: 1- Gox will not allow BTC withdrawals and declare its death, bad news people will panic and the price will crash on all other exchanges. 2- Gox will fix the BTC withdrawals and allow people to get out, Arbitrage will happen, all the coins at discount now will be sold on other exchanges which will bring the price down. some people try to play these cards and this is what is happening now... |
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Davyd05
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February 16, 2014, 01:36:12 PM |
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Stop selling on Stamp you idiots! There is no reason to panic! You are only making it worse for yourself! You stupid sheep!
traders sell now hoping to buy lower, others panic thinking about the worse case scenario which I cant figure out yet, on Monday or in general next week there will be 2 scenarios: 1- Gox will not allow BTC withdrawals and declare its death, bad news people will panic and the price will crash on all other exchanges. 2- Gox will fix the BTC withdrawals and allow people to get out, Arbitrage will happen, all the coins at discount now will be sold on other exchanges which will bring the price down. some people try to play these cards and this is what is happening now... because everyone thinks that is going to happen the rush to get coins out will not allow for everyone to appreciate this, but many will probably those buying right now lol |
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TERA
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February 16, 2014, 01:36:52 PM |
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Well I think one thing has become clear here, Bitstamp has certainly not bottomed out into a rally. For one, look how low the volume has been.
Volume is not bad considering it is Sunday am in the US. There's only going to be volatility from now until Gox says something...you should be loving it. Not just today; look at Saturday's bar: 21k. cause they did 68k in buys friday? There can't just be this medium-high volume support on a single day; it has to persist over multiple days. |
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Davyd05
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February 16, 2014, 01:37:37 PM |
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Well I think one thing has become clear here, Bitstamp has certainly not bottomed out into a rally. For one, look how low the volume has been.
Volume is not bad considering it is Sunday am in the US. There's only going to be volatility from now until Gox says something...you should be loving it. Not just today; look at Saturday's bar: 21k. cause they did 68k in buys friday? There can't just be this medium-high volume support on a single day; it has to persist over multiple days. ya but whose going to blow their load with gox playing teaser with people.. first to announce the problem last to fix it  |
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johnny211
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February 16, 2014, 01:38:18 PM |
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Don't use leverage and you are fine.
spend more time, contemplating, perils of greed |
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TERA
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February 16, 2014, 01:40:26 PM |
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Is it time for Loaded to fly to Japan?
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N12
Donator
Legendary
Offline
Activity: 1610
Merit: 1010
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February 16, 2014, 01:40:56 PM |
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Is it time for Loaded to fly to Japan?
He already blew his powder I believe. |
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seleme
Legendary
Offline
Activity: 2772
Merit: 1028
Duelbits.com
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February 16, 2014, 01:41:12 PM |
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Come on guys, do some fast flash crash today, I'd like to turn my fiat to btc.
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el_rlee
Legendary
Offline
Activity: 1600
Merit: 1014
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February 16, 2014, 01:51:49 PM |
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plus500 switched to btc-e
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Revolution
Full Member
Offline
Activity: 140
Merit: 101
Trading BTC, looking for amazon cards
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February 16, 2014, 01:57:51 PM |
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I welcome Jorge but I ask that he moderate his negative views until he has a better understanding and until he has some way to substantiate the basis for his negative claims. But I must admit, I do like Jorge and I hope that he stays with us in the forums.
bingo! So you guys think it will go back up higher than it was before? |
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el_rlee
Legendary
Offline
Activity: 1600
Merit: 1014
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February 16, 2014, 01:58:33 PM |
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plus500 switched to btc-e
please show a link for this thank you |
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thph
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February 16, 2014, 02:01:09 PM |
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KeyserSoze
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February 16, 2014, 02:01:21 PM |
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Windy is a millionaire...he's stated it here before.
I am Bill Gates. |
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ChrisML
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February 16, 2014, 02:01:32 PM |
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Open the freaking program itself. And look at the currencies. There you can see it, fuck sakes.
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T.Stuart
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February 16, 2014, 02:02:49 PM |
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plus500 switched to btc-e
Odd. I still have Gox prices with them. Just checked. Got a margin call this morning. Thought Gox would go back up again at 300 like last time. Would have thought I'd have learned my lesson by now. Bloody leveraging.  |
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creekbore
Full Member
Offline
Activity: 210
Merit: 100
Lazy, cynical and insolent since 1968
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February 16, 2014, 02:04:38 PM |
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Windy is a millionaire...he's stated it here before.
I am Bill Gates. Well, Bill...will you sort out your fucking OSes...I gave up after XP and my wife's version of Win8 is so frustrating, the updates take forever. BTW love all your work for charidee |
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