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Author Topic: Without mtgox the price will be under $100 within an hour  (Read 9519 times)
ElectricMucus
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April 21, 2013, 03:39:57 PM
 #21

This downward move began before gox went down. Not if that were a coincidence.  Roll Eyes

false, mtgox was already down for a few minutes before bitstamp started falling, I know because I was watching

Just open bitcoinity an look at the gox chart, you'll notice a slight downward move after the pump to 128
Also there was lag before it happened.
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deadweasel
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April 21, 2013, 03:40:30 PM
 #22

right, the same places that as soon as Gox comes back online will shoot back up
I wrote "if gox stays down"

BTC-e (3h)


Bitstamp (3h)



down to $110 at BTCE and $116 at Bitstamp. both still falling   Wink
Yes, it actually got worse in the meantime

$121 bitstamp  $111 btce

Kazu
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April 21, 2013, 03:40:51 PM
 #23

This downward move began before gox went down.



Clearly not trending down just before gox closed... if anything moving up :\

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ElectricMucus
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April 21, 2013, 03:48:09 PM
 #24

It went from 120 to 128 to 125, last direction was down.

But anyway, this is a clear indicator that prices on gox are artificially inflated and the real market thinks the price should be much lower.
See you at 30.  Tongue
Kazu
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April 21, 2013, 03:54:58 PM
 #25

But anyway, this is a clear indicator that prices on gox are artificially inflated and the real market thinks the price should be much lower.

Excuse me.... what? How is the gox price going up before the crash indicate that gox is over inflated.

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ElectricMucus
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April 21, 2013, 03:57:49 PM
 #26

But anyway, this is a clear indicator that prices on gox are artificially inflated and the real market thinks the price should be much lower.

Excuse me.... what? How is the gox price going up before the crash indicate that gox is over inflated.

It isn't since this is not what I wrote.
Gox is full of suckers who are too largely invested to be able to cash out. So their only hope is to pump more cash in while the Early Adopters spoon feed them. Everybody else is content with other platforms and real price discovery.
psybits
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April 21, 2013, 03:57:58 PM
 #27

Price is stable at http://bitcoinity.org/markets

Really, you need to just relax and let BTC be
bitcoinity stopped updateing mtgox. Look at last trade: "an hour ago"


OMG BTC-e is down a whole $1.50 in last 90 minutes OMG panic sell BTC is dead

 Roll Eyes

Birdy
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April 21, 2013, 04:01:57 PM
 #28

Price is stable at http://bitcoinity.org/markets

Really, you need to just relax and let BTC be
bitcoinity stopped updateing mtgox. Look at last trade: "an hour ago"


OMG BTC-e is down a whole $1.50 in last 90 minutes OMG panic sell BTC is dead

 Roll Eyes

I wish that would be the case for €, the price is going up there. It's at ~$125 (at Bitcoin Central)
arnoldrimmer
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April 21, 2013, 04:02:32 PM
 #29

They got Hacked again!
bam91
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April 21, 2013, 04:05:42 PM
 #30

They really need to get their act together.
Kazu
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April 21, 2013, 04:06:15 PM
 #31

Price is stable at http://bitcoinity.org/markets

Really, you need to just relax and let BTC be
bitcoinity stopped updateing mtgox. Look at last trade: "an hour ago"


OMG BTC-e is down a whole $1.50 in last 90 minutes OMG panic sell BTC is dead

 Roll Eyes

I wish that would be the case for €, the price is going up there. It's at ~$125 (at Bitcoin Central)

Completely off topic, but do you like Bitcoin Central? From what I've seen it looks super legit, even compared to gox.

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ElectricMucus
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April 21, 2013, 04:10:52 PM
 #32

108 106 104@ btc-e

phatsphere
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April 21, 2013, 04:11:49 PM
 #33

weekend dip panic mode?
what should we do?
Birdy
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April 21, 2013, 04:11:53 PM
 #34

Quote

Completely off topic, but do you like Bitcoin Central? From what I've seen it looks super legit, even compared to gox.
It's okay I guess, they have some lag issues too (but less than users report about Gox).
I could imagine better platforms, but it does the job and they have a bank backing them up.
The only other platform I'm trading at is bitcoin.de which is awful for selling bitcoins (buying is ok, but takes a while)
Birdy
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April 21, 2013, 04:13:31 PM
 #35

weekend dip panic mode?
what should we do?
SELL! SELL ALL YOUR MONEY!

...and buy coins when they are cheap enough Smiley
GraphicImpulse
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April 21, 2013, 04:14:19 PM
 #36

"really? IDIOTS! The price is stable as of 3 hours ago, durhh!"
ElectricMucus
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April 21, 2013, 04:15:58 PM
 #37

101@btc-e almost there.
Xiaoma
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April 21, 2013, 04:17:00 PM
 #38

101@btc-e almost there.

DOUBLE DIGITS!!!! here they come!! Tongue Tongue Tongue
antimattercrusader
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April 21, 2013, 04:18:12 PM
 #39

If mtgox stays down we will see double digits within an hour - if it even takes that long.



http://youtu.be/K2ku1A5Ox8U

Yep.

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psybits
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April 21, 2013, 04:19:54 PM
 #40

Who would "panic sell" because they get an email or message that their EX is going to be shut down for a day?
Mtgox will be down for a day? You got such an email?


Yes, please share more details about this e-mail.

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