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fotosonics
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February 21, 2014, 01:16:20 AM |
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Have 100 BTC buy orders @stamp from 490 down to 420. Not sure if I should cancel them? Looks not good for Bitcoin  Bitcoin is dead, face it this little tulip game is over. It was fun for a while but now we have to go to 0 again, just like MtGox.  True, and so it doesn't matter where you buy at $400, $200 or $100. If coins will be worth $0 the quanitty doesn't matter. Nope. Who pays most before it goes to zero wins. I'm looking to pay $250,000 per BTC across a selection of exchanges before it spirals down to nothing. And I'm going to hodl til summer. That's fair enough. |
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"Your bitcoin is secured in a way that is physically impossible for others to access, no matter for what reason, no matter how good the excuse, no matter a majority of miners, no matter what." -- Greg Maxwell
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shmadz
Legendary
 Offline
Activity: 1512
Merit: 1000
@theshmadz
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February 21, 2014, 01:16:40 AM |
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I'm very bullish on BTC long term, in fact on cryptos in general, but right now the technicals are terrible and getting worse by the hour. Take a look at a 1 week chart with 50 and 200 week SMAs plus MACD if you really want to get a knot in your stomach. ummm, SMA and MACD might be nice and all but I prefer adamstgBit's coin cheapness indicator. I just buy when it's below the green, and hodl when it's above the red!  |
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MAbtc
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February 21, 2014, 01:18:04 AM |
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I wont be surprised if the gox trading engine of fail allows negative numbers.
I won't be surprised if the 32 million BTC in bids between 0-$2.50 get filled... |
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seleme
Legendary
Offline
Activity: 2772
Merit: 1028
Duelbits.com
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February 21, 2014, 01:18:38 AM |
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I wont be surprised if the gox trading engine of fail allows negative numbers.
I won't be surprised if the 32 million BTC in bids between 0-$2.50 get filled... haha |
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Loozik
Sr. Member
Offline
Activity: 378
Merit: 250
Born to chew bubble gum and kick ass
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February 21, 2014, 01:20:29 AM |
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Can Gox really go that much lower?
BTCUSD is a relation of two currencies. Even if gox btcusd goes to single digits (and never again goes to da moon), you can still make a lot of fiat money trading within single digit range. Nothing to worry about. |
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seleme
Legendary
Offline
Activity: 2772
Merit: 1028
Duelbits.com
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February 21, 2014, 01:22:53 AM |
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It's hitting my bids one by one |
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Arcas
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February 21, 2014, 01:23:25 AM |
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Cmmon break that $100 wall!!
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Mk2vr6
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February 21, 2014, 01:24:21 AM |
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Twas the night before Goxxing, when all through Mark's house
Not a feature was working, not even Mark's mouse
The bitcoin were slung through trades with despair,
In hopes that St. Solvency soon would be there
The miners were slowing and profits were dead,
While visions of sugar-drinks danced in his head.
The llama they call Proudhon, and I in my cap,
Had long since forgotten the exchange that was crap.
When out from Mt. Gox there arose such a smatter,
I clicked on the link to see what was the matter.
Away from that window I clicked in a flash,
More opened and cluttered the further it crashed.
The doom on the boards from the new-fallen low
Gave the FUDsters some ammo with which they could sow.
When, with much thundering pain should appear,
But a bouncing blue ball, and a chap in headgear.
With a riddled fat rider, so ugly and sick
I knew in two seconds this guy was a dick.
Less rapid than sloth his announcements they came,
And he whistled, and shouted, and then bitcoin he blamed!
"Now, asshole! now, cancer! now answer and quicken!
Go, stop it! You're putrid! go, go ponder and fix it!
To the site you must lurch! you should stop with the stall!
Now bounce away! Bounce away! Bounce away ball!"
As dry leaves that before the wild hurricane fly,
When they meet with an obstacle, mount to the sky.
So up to the exchange the ball he did move,
With a mind full of ploys, and some syphilis too.
And then, with no thinking, he said quite aloof
His address was changing to a virtual roof.
As I saw what he said, and was browsing around,
The price just kept moving faster and further down.
They weren't impressed that's for sure, with this end to their loot,
The masses pressed onward, the response was quite moot.
A wallet of coins he had flung out the back,
He was leaving forever, he had had already packed.
His drinks-they were sprinkled! his pimples how cherry!
His face in weird poses, his complexion quite scary!
His droll little mouth was drawn up like a bow,
And the fat of his belly hid his penis below.
The stump of a drive he held tight in his teeth,
And I heard all the bitcoins cry out for relief!
He had a broad face and a giant round belly,
That shook when he sneered, like a bowlful of jelly!
He was a chubby chump, with a magic card shelf,
And I laughed when I learned it, in spite of myself!
A wink of his eye and a twist of his head,
Soon had me wondering if bitcoin was dead.
He spoke of goxbux, PHP - that would work!
And filled all the accounts, then turned with a jerk.
And laying a cheek aside of his ball,
And giving a nod, out the exchange he hauled!
He bounced down the street, and his katana glistened,
I told you stupid fuckers, you all should have listened.
But I heard him exclaim, as he bounced out of site,
"Happy Goxxing to all", and "you've all been fucked right!"
Absolutely brilliant. I had to requote the whole thing for those that missed it. |
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zakalwe
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February 21, 2014, 01:24:41 AM |
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How many coins had FBI?
Did they bumped them so to get the money AND spread FUD?
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MAbtc
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February 21, 2014, 01:24:48 AM |
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Closed short at $546, can I get a bounce please? Or is Gox just going to run this straight into the ground?
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fonzie
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February 21, 2014, 01:26:16 AM |
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DOUBLE DIGITS MF CHOOO CHOOO
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hmmmstrange
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February 21, 2014, 01:26:25 AM |
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Closed short at $546, can I get a bounce please? Or is Gox just going to run this straight into the ground?
ground |
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keewee
Legendary
Offline
Activity: 1025
Merit: 1000
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February 21, 2014, 01:26:51 AM |
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Dragonkiller
Sr. Member
Offline
Activity: 378
Merit: 250
Super Smash Bros. Ultimate Available Now!
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February 21, 2014, 01:27:05 AM |
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cee-euros
Member
Offline
Activity: 88
Merit: 10
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February 21, 2014, 01:27:10 AM |
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holy fuck!
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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 21, 2014, 01:27:28 AM |
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Closed short at $546, can I get a bounce please? Or is Gox just going to run this straight into the ground?
Most likely, yes. |
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octaft
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February 21, 2014, 01:27:40 AM |
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I'm sure the fact that Gox is automatically closing support desk requests is not helping things at all.
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Arcas
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February 21, 2014, 01:27:54 AM |
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HOLY CRAP  |
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windjc
Legendary
Offline
Activity: 2156
Merit: 1070
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February 21, 2014, 01:29:05 AM |
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Closed short at $546, can I get a bounce please? Or is Gox just going to run this straight into the ground?
Most likely, yes. Yes, I can have a bounce, or yes, Gox will run us into the ground?  Well the good news is Gox can only go down about $93. |
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cee-euros
Member
Offline
Activity: 88
Merit: 10
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February 21, 2014, 01:29:35 AM |
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crash dynamics gone out the window here
psychology of double digits in play now
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