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Author Topic: Bitcoin Crashes to $100 BTC-E  (Read 3820 times)
MikeyVeez (OP)
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February 10, 2014, 05:23:13 PM
Last edit: February 10, 2014, 05:40:37 PM by MikeyVeez
 #1

Well bitcoin crashed around 80% today from $600 to $100 dollars on BTC-E. http://www.zerohedge.com/news/2014-02-10/bitcoin-flash-crashes-drops-80-seconds

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BTCisthefuture
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February 10, 2014, 05:27:26 PM
 #2

Wow, that's crazy.

Hourly bitcoin faucet with a gambling twist !  http://freebitco.in/?r=106463
Tzakato
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February 10, 2014, 05:30:34 PM
 #3

Somebody seriously panicked there. From 600 to 100 and back in minutes? Wow. That's just dumb.
MikeyVeez (OP)
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February 10, 2014, 05:38:49 PM
 #4

It wasn't a small order either it was a block about about 6000BTC

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Lauda
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February 10, 2014, 05:50:09 PM
 #5

Stop panicking on every single piece of 'bad' news.
The dump was over 10,000 BTC, the price recovered within a minute or two.

"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks"
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crypto2k
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February 10, 2014, 06:59:07 PM
 #6

Well bitcoin crashed around 80% today from $600 to $100 dollars on BTC-E. http://www.zerohedge.com/news/2014-02-10/bitcoin-flash-crashes-drops-80-seconds

No, its still in the $600 range.  Angry
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February 10, 2014, 07:05:21 PM
 #7

Well bitcoin crashed around 80% today from $600 to $100 dollars on BTC-E. http://www.zerohedge.com/news/2014-02-10/bitcoin-flash-crashes-drops-80-seconds

No, its still in the $600 range.  Angry
Obviously the price instantly shot back up to $600+ .

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February 10, 2014, 07:08:04 PM
 #8

i guess my evil block erupters are worthless
who wants a keychain for 1bux
Kenshin
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February 10, 2014, 07:09:49 PM
 #9

That is just crazy.
MikeyVeez (OP)
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February 10, 2014, 07:11:46 PM
 #10

$250ish, $100, and than $30 are supports, but given that it went to $100 expect it's price to go there this time. Especially once it starts hitting these lower prices of $500, $400, everyone will just panic more.

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BitcoinSteve
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February 10, 2014, 07:13:08 PM
 #11

My prediction was right.. ahem.. see spectating forum

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MikeyVeez (OP)
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February 10, 2014, 07:16:30 PM
 #12

My prediction was right.. ahem.. see spectating forum

as was mine, or anybody with a 1/4 of a brain. This is the reason why Bitcoin will never succeed beyond a small amount of users globally, hey merchant you have lost 40% of your value in about a month? How do you feel? Ohh you want to use Bitcoin? That's great lol.

With Ripple, Apples own future money, eMunie, and good old digital government coins when they come on, Bitcoin is dead, hopefully when it hits $100 there is 1 more good rally left in her before she dies.

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February 10, 2014, 07:17:31 PM
 #13

My prediction was right.. ahem.. see spectating forum
You were lucky, that is all.
My prediction was right.. ahem.. see spectating forum

as was mine, or anybody with a 1/4 of a brain. This is the reason why Bitcoin will never succeed beyond a small amount of users globally, hey merchant you have lost 40% of your value in about a month? How do you feel? Ohh you want to use Bitcoin? That's great lol.

With Ripple, Apples own future money, eMunie, and good old digital government coins when they come on, Bitcoin is dead, hopefully when it hits $100 there is 1 more good rally left in her before she dies.
eMunie is a proven scam.  Roll Eyes

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Robert Lewandowski
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February 10, 2014, 07:52:38 PM
 #14

My prediction was right.. ahem.. see spectating forum

as was mine, or anybody with a 1/4 of a brain. This is the reason why Bitcoin will never succeed beyond a small amount of users globally, hey merchant you have lost 40% of your value in about a month? How do you feel? Ohh you want to use Bitcoin? That's great lol.

With Ripple, Apples own future money, eMunie, and good old digital government coins when they come on, Bitcoin is dead, hopefully when it hits $100 there is 1 more good rally left in her before she dies.

Hahahahaha.  Grin

We are only in the beginning stages of Bitcoin as a currency.
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February 10, 2014, 07:55:44 PM
 #15

as was mine, or anybody with a 1/4 of a brain. This is the reason why Bitcoin will never succeed beyond a small amount of users globally, hey merchant you have lost 40% of your value in about a month? How do you feel? Ohh you want to use Bitcoin? That's great lol.

Merchants convert to fiat at time of sale, so this doesn't really apply.
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February 10, 2014, 08:24:36 PM
 #16

Whoever that was just lost a whole bunch of money...

And someone bought a bunch at a bargain  Cheesy


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February 11, 2014, 06:31:26 AM
 #17

Lol, I want a confession from someone! Who did it? Cheesy
Mythul
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February 11, 2014, 06:39:38 AM
 #18

That crash made some lucky suckers millionaires.
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February 11, 2014, 06:54:21 AM
 #19

That crash made some lucky suckers millionaires.
And some sucker lost a lot of money by dumping shitload of BTC at once..  Cheesy
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February 11, 2014, 06:58:18 AM
 #20

So what exactly happened there? Did someone mean to sell at 702 but mistakenly pressed the 1 key thinking that it was the 7 and never caught their mistake?

When I type of my surface pro the key are reversed with the 7 on the bottom and the one on top. And when entering key on occasion I make a mistake. (Never when sending money since I quadruple check).

If it was a mistake and it really was 6,000 Bitcoins, I really feel bad for the person.


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