|
Chucksta (OP)
|
 |
June 19, 2011, 06:46:57 PM |
|
Or am I going mad ?
Cannot get onto MT Gox
Damn, if ever there was a good time to buy !!
|
|
|
|
|
|
|
|
|
|
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
|
|
|
Bit_Happy
Legendary
 Offline
Activity: 2100
Merit: 1040
A Great Time to Start Something!
|
|
June 19, 2011, 06:55:31 PM |
|
My first ever run on sentence.....
The drama continues
Did BTC really just hit 1 cent ?
No one knows yet, might have been a hacker trading, but they would have had to have complete access to the database to add 500,000 fake BTC, so there is a chance it was real, since the seller got great prices on the first ~half of the order, but would that make a profit when you sell over 200,000 at 1 cent, who bought at one cent and do they get to keep them, and how many days/hours before trading resumes + how many "lucky buyers" withdrew their possibly fake BTC before the site went down?
|
|
|
|
|
Chucksta (OP)
|
|
June 19, 2011, 07:00:03 PM |
|
You can't fake BTC. Some numpty just offloaded a crazy amount all at once, lol Damn, damn, damn... can't get on to the exchange to buy buy buy  |
|
|
|
|
|
|
|
Coin.Karma
|
|
June 19, 2011, 07:46:20 PM |
|
Thanks that nothing worse happened...cheers to all...we should all be back working towards a de-centralized planet...
|
|
|
|
|
|
Alex Beckenham
|
|
June 19, 2011, 07:49:42 PM |
|
You can't fake BTC.
No, but you could put fake database entries that make a gox account look like it has btc in it, and trade with that for real dollars. |
|
|
|
|
Chucksta (OP)
|
|
June 19, 2011, 07:54:54 PM |
|
You can't fake BTC.
No, but you could put fake database entries that make a gox account look like it has btc in it, and trade with that for real dollars. Good point... Now to find someone who can do that... Kidding, kidding  |
|
|
|
|
Mike 71
Newbie
Offline
Activity: 46
Merit: 0
|
|
June 19, 2011, 08:10:47 PM |
|
More interesting in that case is the fact that one wallet can kill the market and set the price to 1 Cent. After thinking over, i will place some buy orders in different prices. Maybe sometime a drunk owner of a similar wallet will place an panic-sellorder  (after thinking over a second time, i should not tell this anyonen if i would believe to get rich with bitcoins) Greetings |
|
|
|
|
|
opticbit
|
|
June 19, 2011, 10:30:50 PM |
|
More interesting in that case is the fact that one wallet can kill the market and set the price to 1 Cent. After thinking over, i will place some buy orders in different prices. Maybe sometime a drunk owner of a similar wallet will place an panic-sellorder (after thinking over a second time, i should not tell this anyonen if i would believe to get rich with bitcoins) Greetings I have that set up on one of the exchanges, I should make it more reasonable though. |
|
|
|
|
