N12
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Legendary
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Activity: 1610
Merit: 1011
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February 20, 2014, 07:07:06 AM |
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And still Bitstamp is following. Not magnitude, but the direction.
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windjc
Legendary
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Activity: 2156
Merit: 1070
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February 20, 2014, 07:07:09 AM |
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Generally these kind of sudden dips happen some twenty minutes before bad news on their official page...
Well, in this case, because of how much people distrust Gox, the only "good news" would be immediate withdraws. The chances of that are slim to none. So anything like, coming soon, limited withdraws, things are going well, ANYTHING except "open for withdrawals immediately" will be considered bad news. Honestly, Gox may be giving people low 100s or double digit coins soon. Nothing like fear and terror to drive a market. |
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el_rlee
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Activity: 1601
Merit: 1014
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February 20, 2014, 07:07:33 AM |
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After tragedy there should be catharsis. And this can be fast in Bitcoin! |
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windjc
Legendary
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Activity: 2156
Merit: 1070
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February 20, 2014, 07:08:11 AM |
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Flash crash incoming...
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ChrisML
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February 20, 2014, 07:08:38 AM |
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Flash crash incoming...
It's already there |
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exponential
Member
Offline
Activity: 94
Merit: 10
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February 20, 2014, 07:08:45 AM |
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Must not sleep till GOX announcement...
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windjc
Legendary
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Activity: 2156
Merit: 1070
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February 20, 2014, 07:09:19 AM |
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201 bounce to 203.
Yeah those bitcoin builders at 0.7 are a steal.
.5 now |
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ChrisML
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February 20, 2014, 07:09:35 AM |
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Like predicted. Hard crash, after that back up.
The panic sellers have left the building. For now.
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bikerleszno
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February 20, 2014, 07:10:04 AM |
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GOX is buying BTC from people like for free  it will be the richest btc exchange because , they are waiting to drop price to 100$ then they will open withdraws and it will grow to 1000 again lol  smart way |
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ShroomsKit
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February 20, 2014, 07:10:38 AM |
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Those idiots on stamp!
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HairyMaclairy
Legendary
Offline
Activity: 1442
Merit: 2284
Degenerate bull hatter & Bitcoin monotheist
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February 20, 2014, 07:11:01 AM |
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Like predicted. Hard crash, after that back up.
The panic sellers have left the building. For now.
Gox back to 201. The spike ups are just small market orders being triggered on an empty order book. |
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MikeH
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February 20, 2014, 07:11:58 AM |
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damn, someone's drawing a hedgehog
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electronistul
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February 20, 2014, 07:12:24 AM |
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Was there any official announcement ? I'm just wondering why did people start buying back in so soon ?
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keewee
Legendary
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Activity: 1025
Merit: 1000
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February 20, 2014, 07:13:42 AM |
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Over 1/2 a million coins traded on Gox in under 3 weeks
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windjc
Legendary
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Activity: 2156
Merit: 1070
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February 20, 2014, 07:13:51 AM |
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I wonder if this is partly due to some sellers not appreciating what time it is in Tokyo -- enough folks here struggle with time zones -- and thinking Thursday has passed with no announcement.
Sure. Fear. Misinformation. Take your pick. |
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HairyMaclairy
Legendary
Offline
Activity: 1442
Merit: 2284
Degenerate bull hatter & Bitcoin monotheist
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February 20, 2014, 07:14:08 AM |
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No announcement yet.
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MikeH
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February 20, 2014, 07:14:32 AM |
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I don't get it - no matter what they announce will it change anything?
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N12
Donator
Legendary
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Activity: 1610
Merit: 1011
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February 20, 2014, 07:14:48 AM |
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I wonder if this is partly due to some sellers not appreciating what time it is in Tokyo -- enough folks here struggle with time zones -- and thinking Thursday has passed with no announcement.
Sure. Fear. Misinformation. Take your pick. I'll have the double digits with a frappuccino please. |
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Rannasha
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February 20, 2014, 07:15:00 AM |
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I wonder if this is partly due to some sellers not appreciating what time it is in Tokyo -- enough folks here struggle with time zones -- and thinking Thursday has passed with no announcement.
Seems unlikely that this would confuse people unaware of timezones, because in most parts of the world, thursday has just started. Europe is now waking up on thursday morning while the US is sleeping or about to sleep. |
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raid_n
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February 20, 2014, 07:15:06 AM |
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Wow either way this goes there will be so many that get burned its not funny
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