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00null (OP)
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April 21, 2013, 03:17:14 PM |
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If mtgox stays down we will see double digits within an hour - if it even takes that long.
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"Bitcoin: mining our own business since 2009" -- Pieter Wuille
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y2kcamaross
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April 21, 2013, 03:19:37 PM |
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If mtgox stays down we will see double digits within an hour - if it even takes that long.
um... no |
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Xiaoma
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April 21, 2013, 03:20:02 PM |
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If mtgox stays down we will see double digits within an hour - if it even takes that long.
YEE HAAA BTCE and Bitstamp falling |
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00null (OP)
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April 21, 2013, 03:22:15 PM |
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Why would that happen? The exchange rate has been between a 15 dollars range (117-132) for 24 hours. We aren't in the middle of a massive sell off this time.
BTCE and Bitstamp falling
check the charts, both are already down at least 5% |
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deadweasel
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April 21, 2013, 03:24:04 PM |
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If mtgox stays down we will see double digits within an hour - if it even takes that long.
LOL i love this forums, they are manipulators heaven! What are you trying to say? Should all of us sell our Bitcoins as soon mtgox is back online because they are going to be worth 30 bucks because of the downtime and some panic sell? Keep dreaming man  +1 It's cute that he's trying. |
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Xiaoma
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April 21, 2013, 03:25:39 PM |
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Why would that happen? The exchange rate has been between a 15 dollars range (117-132) for 24 hours. We aren't in the middle of a massive sell off this time.
BTCE and Bitstamp falling
check the charts, both are already down at least 5% Right, I forgot, people love to throw money away! Double digits, here we come! there are LOTS of people that wait for double digits to buy. All those people would never buy at 120 that is not throwing away money, quite the opposite  |
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y2kcamaross
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April 21, 2013, 03:26:41 PM |
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Why would that happen? The exchange rate has been between a 15 dollars range (117-132) for 24 hours. We aren't in the middle of a massive sell off this time.
BTCE and Bitstamp falling
check the charts, both are already down at least 5% right, the same places that as soon as Gox comes back online will shoot back up |
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Xiaoma
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April 21, 2013, 03:28:11 PM |
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down to $110 at BTCE and $116 at Bitstamp. both still falling |
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00null (OP)
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April 21, 2013, 03:29:00 PM |
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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 Yes, it actually got worse in the meantime |
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RenegadeMind
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April 21, 2013, 03:29:16 PM |
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right, the same places that as soon as Gox comes back online will shoot back up
+1 This time, MtCocksMtGox could actually serve as a stabilizing factor. (Do I need another drink or 5?  ) |
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ElectricMucus
Legendary
 Offline
Activity: 1666
Merit: 1057
Marketing manager - GO MP
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April 21, 2013, 03:30:59 PM |
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This downward move began before gox went down. Not if that were a coincidence.  |
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00null (OP)
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April 21, 2013, 03:34:01 PM |
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This downward move began before gox went down. Not if that were a coincidence. Not sure, it was mostly just "jitter" before. However, with mtgox gone it accelerated downward dramatically. |
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Nuro77
Newbie
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Activity: 58
Merit: 0
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April 21, 2013, 03:34:14 PM |
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A major EX temporarily going down creates an increase of Buyers and a Decrease of sellers on all the other smaller EXs.
Normally this would move the price of bitcoins UP.
But it moves it down because all the market manipulators who run the prices up with small incremental buy orders (to take advantage of naive buyers who don't take volume into consideration) mostly live on MtGox. And without them the real supply meets the real demand.
"Panic selling"? Who would "panic sell" because their EX is going to be shut down for a day? And how exactly are those panic sellers going to verify, and set up accounts on the other EXs in that time-frame, and be able to then transfer their coins in time to those EXs - to "panic sell"?
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RenegadeMind
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April 21, 2013, 03:34:32 PM |
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Douchewads... The only exchange that I have cash in still is maintaining the price high... Fall, dammit, fall! Damn Canucks! |
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Xiaoma
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April 21, 2013, 03:35:21 PM |
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This downward move began before gox went down. Not if that were a coincidence. false, mtgox was already down for a few minutes before bitstamp started falling, I know because I was watching |
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NamelessOne
Legendary
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Activity: 840
Merit: 1000
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April 21, 2013, 03:35:47 PM |
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This downward move began before gox went down. Not if that were a coincidence. Yes, this, Mtgox had already been trending down for like 15 hours. So had the other exchanges. |
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00null (OP)
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April 21, 2013, 03:36:50 PM |
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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? |
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kelpy
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April 21, 2013, 03:37:17 PM |
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Without mt.Gox the price will go UP!
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Bitrated user: kelpy.
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00null (OP)
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April 21, 2013, 03:38:35 PM |
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bitcoinity stopped updateing mtgox. Look at last trade: "an hour ago" |
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