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Author Topic: Bitcoin $7 Mtgox  (Read 3239 times)
AngelusWebDesign
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September 08, 2011, 07:25:00 PM
 #21

The OP caused the average IQ on this forum to drop...
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September 08, 2011, 07:57:36 PM
 #22

The OP caused the average IQ on this forum to drop...


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September 11, 2011, 01:12:54 PM
 #23

well lets put it this way; its $4.87?! Way less from my $7 i said... You all got face palmed xD



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September 11, 2011, 01:45:42 PM
 #24

Sure the price is going down, their point is your posts appear to be another trolling attempt.  Stocks go up and down every day.  some slide for a long time before hitting bottom and coming back up.  Many have said the bitcoin equilibrium is around $5 USD.  (cost of mining +5%)

If you want to speculate about the value of bitcoin sliding and theorize possibilities thats fine.  Otherwise your just another troll yelling "the sky is falling" and most of us are pretty sick of it.  Its daily occurence...
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September 11, 2011, 02:06:25 PM
 #25

Awesome news.  Someone just put a massive order in and bumped the price up to $7.  Trying to get all my bitcoins into MtGox before it falls below $5 again.

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September 11, 2011, 02:08:45 PM
 #26

Dammit.  $6.02 and dropping.  Missed it.  Bitcoin is so damn slow for transferring money.  Whoever the idiot was that bumped the price up to $7 didn't stick around long enough.

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September 11, 2011, 02:11:09 PM
 #27

5.8$ now
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September 11, 2011, 02:14:56 PM
 #28

What just happened?! BTC jumped from 5.x to 7.x and return. Now is trading at 5.x but by cents, there're no ask walls, you would need to go up to over 8 to see the first 1k+ ask.
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September 11, 2011, 02:17:32 PM
 #29

Back to 7$!
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September 11, 2011, 02:17:49 PM
 #30

Back to $7.  Ok, 30% swings within a few minutes are a joke.  Bitcoin really shouldn't be used for anything serious with markets like this.  Merchants must be craving this kind of price volatility.

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September 11, 2011, 02:18:01 PM
 #31

What just happened?! BTC jumped from 5.x to 7.x and return. Now is trading at 5.x but by cents, there're no ask walls, you would need to go up to over 8 to see the first 1k+ ask.

Someone bought a huge amount of btc, big enough for prices to go up to 7$. Then, it fell down because the orders weren't moved up to this same level.

Right now someone put a buy wall at 7$, so it may stay there for a little while.

edit: and by the time I posted this, the order got removed. hm.

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September 11, 2011, 02:19:06 PM
 #32

The guy(s) who hacked the forum probably cleaned out the mtgox accounts of the idiots who still use the same password on multiple sites.
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September 11, 2011, 02:33:36 PM
 #33

Back down again to $6.  30-0.  Your serve.

Hoping the price spikes to $7 again as my bitcoins are almost at MtGox.  Come on....

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September 18, 2011, 03:07:25 AM
 #34

http://mtgoxlive.com/orders lol bitcoins at $4.79; suckers i said to sell at $6; what did i say xD
People saying oh its spiked up it isn't going down; well its crashed down down down...
At least i was smart.  Grin



.
.BITVEST DICE.
HAS BEEN RELEASED!


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Rainbot
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September 18, 2011, 03:31:06 AM
 #35

http://mtgoxlive.com/orders lol bitcoins at $4.79; suckers i said to sell at $6; what did i say xD
People saying oh its spiked up it isn't going down; well its crashed down down down...
At least i was smart.  Grin

I have a personal suspicion that it is going to crash down low again soon.  It's been stagnating while dwindling for over 60 hours so it is sure to happen.  All these people who bought it at 4.90 see it going lower and lower.  Pretty soon someone will realize it's not going back up till next year or later and will dump it knowing they can buy back cheaper.  Then the buywalls will drop and everyone will sell their coins.  It'll drop below $4.

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September 18, 2011, 03:56:39 AM
 #36

The volatility was fun while it lasted.  I managed to sell into the hacked rally and get someone to pay almost $7 for bitcoins.  The move back below $5 was pretty obvious.  No positive news, no new products, not even new media hype.  There was no reason to pay more for bitcoins, therefore we're back below $5 again.  I don't expect the price to move higher a week from now. 

But if anyone is feeling generous with other people's money, I have staggered Asks all the way up to $9  Wink

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