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barryblogs (OP)
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February 11, 2014, 09:35:18 PM
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Sigh...
Another Bitcoin Flash Crash Imminent? Second Major Exchange Follows MtGox In Suspending Withdrawals
http://www.talkmarkets.com/content/currenciesforex/another-bitcoin-flash-crash-imminent-second-major-exchange-follows-mtgox-in-suspending-withdrawals?post=40447
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TERA
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February 12, 2014, 04:35:31 AM
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Thanks. Putting bids in at $103.
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February 12, 2014, 06:48:55 PM
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Quote from: TERA on February 12, 2014, 04:35:31 AM
Thanks. Putting bids in at $103.
I  "out"-bid you with 105 $
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February 12, 2014, 06:50:19 PM
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I hope, I hope, I hope, I hope you are right about this.  Bidding at 106.
Our family was terrorized by Homeland Security.  Read all about it here:  http://www.jmwagner.com/ and http://www.burtw.com/  Any donations to help us recover from the $300,000 in legal fees and forced donations to the Federal Asset Forfeiture slush fund are greatly appreciated!
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February 12, 2014, 06:52:26 PM
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Quote from: BurtW on February 12, 2014, 06:50:19 PM
I hope, I hope, I hope, I hope you are right about this.  Bidding at 106.
ooh, so I have to go to 107 Shocked Grin
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February 12, 2014, 06:53:13 PM
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Wow guys, you are more bearish than me! I've put my lowest bid yesterday at 111$ and give it a 1% chance to get filled.
Well, unless the BTC-E history repeats itself on other exchanges...
Sometimes, if it looks too bullish, it's actually bearish
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February 12, 2014, 06:55:05 PM
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Quote from: Tzupy on February 12, 2014, 06:53:13 PM
Wow guys, you are more bearish than me!
no, we are pushing the Price up
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February 12, 2014, 07:12:54 PM
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really doubt it will happen again. Like anyone will sell for <300 if they still know what happened yesterday.
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February 12, 2014, 07:41:31 PM
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Just a noob theory:
say one wants to buy as many bitcoins as possible and he already have enough to trigger the stoploss/leverage chain reaction we saw yesterday, he just need to place some very low bids to buy back what he spent to start the process and then waits for some days as everyone sells to obtain fiat to place in low bids, hoping the crash will happen again.
Then, when there's enough bitcoins available in the market he scoop them all, price go up, he wins.
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