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Author Topic: CRASH!  (Read 23185 times)
Cluster2k
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September 06, 2011, 12:30:11 PM
 #261

Alright.  I've just seen the reason why bitcoins are crashing:

http://www.kitco.com/

Swiss Franc
-8.65%    09/06-08:28    0.8551    1.1695    

The Swiss are dumping their currency, and in a panic are dumping their bitcoins too.

 Wink

Do not send bitcoins to me: 16b8s7pBJ9rUmsExNW25qD5VUqVqRPZuXu
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BitcoinPorn
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September 06, 2011, 12:30:34 PM
 #262

These low numbers are making me want to buy Bitcoin when I do not have extra money to invest.  Holy fuck I had a joke order on Tradehill for like six bucks something a while ago, I never dreamed the day it would go through Smiley

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September 06, 2011, 12:47:04 PM
 #263

Looking at MtGox Live, I've never seen asks and bids so lopsided before.  Looking at the number of bids we should have a very firm floor to not go below $6.  Asks have retreated to a fraction of bids.

Interesting times.  Eating popcorn and watching the action.

Remember when rallied when bids were a tiny fraction of asks?  It's like that.  The order book is not to be trusted.

Ok, I trust you are buying massive amounts of coins now then. right? RIGHT!?

NOT a member of the so called ''Bitcoin Foundation''. Choose Independence!

Donate to the BitKitty Foundation instead! -> 1Fd4yLneGmxRHnPi6WCMC2hAMzaWvDePF9 <-
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