And..... CRASH!

[Malawi]

if it breaks below 110, it's going to go a long way down, possibly back to the 80s... depends on how far reaching this panic sell is going to be.

Back to the 80's you say? http://www.youtube.com/watch?v=TddFnTB_7IM

[1714263754]

1714263754

[NamelessOne]

That buy back up to 140s was super silly. I feel we will go down to 110ish now that the 135ish old support was rammed through hard.

[Krabby]

I fall for it every time ^.^
Oh well, nothing lost I suppose.

Also 720BTC dump... I wish I had that much.

[Manticore]

It's hilarious that you guys are saying market manipulators brought the price down versus market manipulators pumping the price up. You're telling me that the price jumping up over $25 in under 1 minute is not manipulation? LOL.

Yes, everyone selectively ignores this. We did not start lagging until $123ish......as soon as we lagged we bounced ridiculously ($25 under a minute). The natural sell-off that occurred down to 120 (lagged at 123) was somehow manipulation......but the utterly bizarre price movements that began after the lag were not manipulation??

[statdude]

en.wikipedia.org/wiki/Dead_cat_bounce

[GigaCoin]

Could the crash have been related to this press release this afternoon???


http://www.businessinsider.com/canadian-banks-closing-bitcoin-businesses-2013-4

Nah if u read the article they were shutdown be cause they didn't get the proper approvals etc. The other guy with the largest Canadian exchange explained why they got shutdown and  how he isnt.

[EuroTrash]

It's hilarious that you guys are saying market manipulators brought the price down versus market manipulators pumping the price up. You're telling me that the price jumping up over $25 in under 1 minute is not manipulation? LOL.

Yes, everyone selectively ignores this. We did not start lagging until $123ish......as soon as we lagged we bounced ridiculously ($25 under a minute). The natural sell-off that occurred down to 120 (lagged at 123) was somehow manipulation......but the utterly bizarre price movements that began after the lag were not manipulation??

<CONSPIRACY MODE ON>
I think the pump has been prepared carefully by the manipulator(s) in the last two days.
Due to Gox limits and the selloffs of two weeks ago most people had fiat left in their accounts so they have jumped in.

I think the price movements after the dump are caused by HFT bots going nuts while trying to seize the opportunity for cheap coins - either that or a fake dead cat bounce was also orchestrated by the manipulator(s) in order to execute the second tree-shake.

<TIN FOIL HAT MODE ON>
I have seen such pattern a number of times now. This kind of manipulation always consists of two tree shakes in a row. The second one has a smaller magnitude because both bots and people adapt their predictions. A third one generally does not happen as it would yield low profit and high risk for the manipulator.
<TIN FOIN HAT MODE OFF>
<CONSPIRACY MODE OFF>

[P_Shep]

Yeah, I missed out there.

Bought at 139 & 135 :/

[cctvtech]

Waiting to buy @ $65 to double my portfoilio, but I'm not that lucky

[Bro]

crash is over, people go home please

[Gordonium]

Waiting to buy @ $65 to double my portfoilio, but I'm not that lucky

Cry me a river.

[samson]

crash is over, people go home please

[Jaroslaw]

I would like this crash to go a lot lower or stop being a crash.

panick sellers: big crash or no crash please

Corection = 120$
Small crash = 90$
Big crash = 30$

Now im in about 30% richer than couple hours ago thx pigs See you on next crash

[fitty]

Best crash evar!

[smoothie]

so who sold at $125 and below today?

HAHA

[smoothie]

▼ 148.40 and falling fast



Here we go! See you all sub-100!

Well that didn't materialize....low was $120. Now at $141. Sucker...

[DoomDumas]

Today was just normal high/low resistance/support !
This kind of swing will continue for a long time.

But I bet BTC under 100$ is a thing of the past.. You did'nt bought under 100 ?  Too late..

You can bet on the statement in my Sig if you dont agree

[oda.krell]

It's hilarious that you guys are saying market manipulators brought the price down versus market manipulators pumping the price up. You're telling me that the price jumping up over $25 in under 1 minute is not manipulation? LOL.

Yes, everyone selectively ignores this. We did not start lagging until $123ish......as soon as we lagged we bounced ridiculously ($25 under a minute). The natural sell-off that occurred down to 120 (lagged at 123) was somehow manipulation......but the utterly bizarre price movements that began after the lag were not manipulation??

<CONSPIRACY MODE ON>
I think the pump has been prepared carefully by the manipulator(s) in the last two days.
Due to Gox limits and the selloffs of two weeks ago most people had fiat left in their accounts so they have jumped in.

I think the price movements after the dump are caused by HFT bots going nuts while trying to seize the opportunity for cheap coins - either that or a fake dead cat bounce was also orchestrated by the manipulator(s) in order to execute the second tree-shake.

<TIN FOIL HAT MODE ON>
I have seen such pattern a number of times now. This kind of manipulation always consists of two tree shakes in a row. The second one has a smaller magnitude because both bots and people adapt their predictions. A third one generally does not happen as it would yield low profit and high risk for the manipulator.
<TIN FOIN HAT MODE OFF>
<CONSPIRACY MODE OFF>

I wrote something similar (well, less elaborate) in another thread, so I'm not completely unconvinced by your idea, but what bothers me: why go through so much effort when (as a big inverstor) you could have bought all the coins you ever wanted during the sub-100 time frame 2 weeks ago? Why shake the tree violently when all you needed to do was pick up all the low hanging fruit you could have ever wanted peacefully?