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GeniuSxBoY (OP)
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August 03, 2011, 05:20:29 PM |
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read the title  |
Be humble!
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According to NIST and ECRYPT II, the cryptographic algorithms used in
Bitcoin are expected to be strong until at least 2030. (After that, it
will not be too difficult to transition to different algorithms.)
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Serge
Legendary
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Activity: 1050
Merit: 1000
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August 03, 2011, 05:22:18 PM |
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makes sense
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GeniuSxBoY (OP)
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August 03, 2011, 05:28:46 PM |
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lol... 1000s of more sell orders popped up. I <3 it.
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Be humble!
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gazd3k
Newbie
Offline
Activity: 15
Merit: 0
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August 03, 2011, 05:34:57 PM |
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lol... 1000s of more sell orders popped up. I <3 it.
mee too, mostly cause i got out at 16$ a month ago, finally some action after a few boring weeks |
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error
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August 03, 2011, 08:30:03 PM |
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12,000 bitcoins under $11? I wish I had the money to get in on those cheap bitcoins.
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3KzNGwzRZ6SimWuFAgh4TnXzHpruHMZmV8
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lemonginger
Full Member
Offline
Activity: 210
Merit: 100
firstbits: 121vnq
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August 03, 2011, 08:47:57 PM |
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call me if they dip below $5!
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bitclown
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August 03, 2011, 08:53:44 PM |
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All these small asks are from people who have no interest in holding bitcoins. Let them sell so we can get rid of them.
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Oldminer
Legendary
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Activity: 1022
Merit: 1001
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August 03, 2011, 10:28:11 PM |
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call me if they dip below $5!
+1 |
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ManOfKnight
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August 03, 2011, 10:33:46 PM |
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People are freaking out about this. Most people joined within the last two months...so they have only seen bitcoin when it was above $10...now it as if the bottom dropped out on them.
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Kartoff
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August 03, 2011, 10:53:15 PM |
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Yes that is soo bad... Really it is full of dissoriented people who dont even look at history of bitcoin and think totally wrong...
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mjoz
Member
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Activity: 61
Merit: 10
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August 03, 2011, 11:05:02 PM |
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read the title The whole purpose of the large sell orders is to drive the prices down and get the sheep to sell. If you watch they just keep getting shuffled around, always with a 1000 BTC safety margin to give the seller enough time to pull them in case of a rally. |
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Oldminer
Legendary
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Activity: 1022
Merit: 1001
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August 03, 2011, 11:05:23 PM |
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Yes that is soo bad... Really it is full of dissoriented people who dont even look at history of bitcoin and think totally wrong...
Bitcoin buyers, sellers, and miners are a community. An economy is built around it. Bitcoin is the currency of this virtual economy and like in the real world its subject to being overbought, oversold, overvalued and undervalued. I'm not sure what some people don't understand about this? |
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Cluster2k
Legendary
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Activity: 1692
Merit: 1018
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August 04, 2011, 01:33:43 AM |
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read the title The question is, why should be artificially manipulate the market by heeding calls to pull our orders out? If bitcoin is healthy it can withstand the panic of a few people and will thrive. If not, nothing of real long term value was lost. For all we know, those people dumping bitcoins at $10 today may look extremely clever in 2 weeks time when the price sits at $5. |
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mjoz
Member
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Activity: 61
Merit: 10
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August 04, 2011, 10:45:33 AM |
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read the title The question is, why should be artificially manipulate the market by heeding calls to pull our orders out? If bitcoin is healthy it can withstand the panic of a few people and will thrive. If not, nothing of real long term value was lost. For all we know, those people dumping bitcoins at $10 today may look extremely clever in 2 weeks time when the price sits at $5. The market is already being artificially manipulated. Like I said in the previous post the large stacks of sell orders are placed out there only to drive the prices down. Last night there was a large stack at 10, 10.25 and really huge stack at 11 and sure enough as soon as the stacks started to get bought into the orders were pulled. This has been going on for months. |
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Oldminer
Legendary
Offline
Activity: 1022
Merit: 1001
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August 04, 2011, 12:16:34 PM |
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Ok I'm out - time for another fall
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