virtualfaqs
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April 14, 2014, 08:24:47 PM |
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Looked like 500K BC dump? But no? Not possible?
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minergr
Member
Offline
Activity: 64
Merit: 10
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April 14, 2014, 08:25:33 PM |
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Tried to sell and rebuy to profit on the scared dumpers but ended up losing a bit due to exchanges being laggy as hell and bugged out/not updating. Oh well, guess that's how it goes.
Edit: Every time I try to make a trade today it seems to be gone before my money gets there.
Same thing happened to me. Oh well.. All i can say is its your own fault for trying to dump.. Did you see me blaming anyone? Of course it was my fault.
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madbit1000
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April 14, 2014, 08:26:13 PM |
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That was not a dump!!! It was a trading error with Mintpal. Never has a dump gone down 40,000 sat in less than 5 minutes and then back up again in 1 minute.
Actually, I was watching cryptsy and the same happened, slightly off timewise. Seems like the usual whale dump to cause a panic selling then immediately grabbing the cheap coins. No it didn't. It went down to 83,000 and that was due to the "panic" on Mintpal. It did NOT go down to nearly 50,000 as it did on Mintpal. I did saw 60,000 on cryptsy. I changed 2 pairs of underwear Damn, if you don't know the markets by now get out.. And let the pros in.. When a stock dumps, Its because someone with a hefty amount of coins wants to buy more before the price rises too high.. This creates a panic. perfect for the buyers. Its happens all the time on stock markets. But with a volatile market like cryptos its easier to make money on someone who is shit scared and over their head in it.. So don't invest more than you can afford to loose. I haven't invested anything apart from electricity costs.
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You should not buy a warrant unless you are prepared to sustain a total loss of the money you have invested plus any commission or other transaction charges
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affmees
Newbie
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Activity: 32
Merit: 0
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April 14, 2014, 08:26:31 PM |
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Same thing has happened 4-5 times before. Played dump.
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ghibly79
Legendary
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Activity: 1218
Merit: 1006
Crypto entrepreneur and consultant
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April 14, 2014, 08:26:58 PM |
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That was not a dump!!! It was a trading error with Mintpal. Never has a dump gone down 40,000 sat in less than 5 minutes and then back up again in 1 minute.
Actually, I was watching cryptsy and the same happened, slightly off timewise. Seems like the usual whale dump to cause a panic selling then immediately grabbing the cheap coins. No it didn't. It went down to 83,000 and that was due to the "panic" on Mintpal. It did NOT go down to nearly 50,000 as it did on Mintpal. I assure you I've seen 58k on cryptsy too for a brief moment. Ofc I can be wrong, been watching graphs all day xD
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Vinculin
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April 14, 2014, 08:27:04 PM |
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Honestly i don't care whether it is a dump or not. The most important thing to note is we are almost back to 90000 sat, showing BC is one of the most resilient coins to date .
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greentea
Legendary
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Activity: 1418
Merit: 1002
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April 14, 2014, 08:27:16 PM |
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Let me repeat one more time. That was not a dump!!! It was a trading error with Mintpal. Never has a dump pushed the value down 40,000 sat in less than 5 minutes and then back up again in 1 minute. It is Impossible!!!
You do know BC trades an more exchanges than just mintpal... take a look at cryptsy prices or any other exchange.
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pharker
Newbie
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Activity: 33
Merit: 0
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April 14, 2014, 08:28:55 PM |
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anyone managed to get in low?
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grimrog
Member
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Activity: 84
Merit: 10
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April 14, 2014, 08:29:08 PM |
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ezvm
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April 14, 2014, 08:29:32 PM |
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Well I can confirm I was part of that dump, it was no glitch. Keeping some BC and moving on to the next coin that will reach pluto soon.
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gazzamc
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April 14, 2014, 08:29:42 PM |
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Anyone else lose their BTC? Mine disappeared.... Mintpal fix this shit..
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virtualfaqs
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April 14, 2014, 08:30:49 PM |
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What we could really use is someone to program a scrypt to grab all of MintPal's Recent History and display it.
Barely see anything on that now with trades coming in so fast.
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madbit1000
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April 14, 2014, 08:31:13 PM |
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Honestly i don't care whether it is a dump or not. The most important thing to note is we are almost back to 90000 sat, showing BC is one of the most resilient coins to date . I don't think its that, i just think that the timing is perfect. More people are hearing about Cryptos and getting on board along with a low BTC price, so people can play other coins etc.. Also with a fantastic market like crypos people can make big money and this is growing daily.
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You should not buy a warrant unless you are prepared to sustain a total loss of the money you have invested plus any commission or other transaction charges
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IconicExpert
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April 14, 2014, 08:31:19 PM |
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That was not a dump!!! It was a trading error with Mintpal. Never has a dump gone down 40,000 sat in less than 5 minutes and then back up again in 1 minute.
Actually, I was watching cryptsy and the same happened, slightly off timewise. Seems like the usual whale dump to cause a panic selling then immediately grabbing the cheap coins. No it didn't. It went down to 83,000 and that was due to the "panic" on Mintpal. It did NOT go down to nearly 50,000 as it did on Mintpal. I did saw 60,000 on cryptsy. I changed 2 pairs of underwear Damn, if you don't know the markets by now get out.. And let the pros in.. When a stock dumps, Its because someone with a hefty amount of coins wants to buy more before the price rises too high.. This creates a panic. perfect for the buyers. All you have to do is look at the order books and you will see for yourself. Do you know how much BTC it takes to go from 90000+ sat to even 60000 sat? Not to mention in less than 5 minutes? If it stayed at that level I would agree, but then it bounced right back up in less than a minute. No dump that massive has a correction that quick. I love BC but no coin is that resilient. I do not want you guys saying it was a dump and it wasn't, and then next thing people really start dumping in fear.
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jamieb81
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April 14, 2014, 08:31:51 PM |
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Anyone else lose their BTC? Mine disappeared.... Mintpal fix this shit.. nope my BTC are still there
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madbit1000
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April 14, 2014, 08:33:05 PM |
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anyone managed to get in low?
yes i mined them and not sold a single coin.. Still buying, wish i mined more..
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You should not buy a warrant unless you are prepared to sustain a total loss of the money you have invested plus any commission or other transaction charges
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chongo
Member
Offline
Activity: 79
Merit: 10
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April 14, 2014, 08:33:42 PM |
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my btc dissapeared and are hanging now in "held for orders"!
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madbit1000
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April 14, 2014, 08:34:38 PM |
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it was a dump, but like the previous giy stated, just shows that people want to get onboard and have trust in this coin. I am sticking with it.
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You should not buy a warrant unless you are prepared to sustain a total loss of the money you have invested plus any commission or other transaction charges
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gazzamc
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April 14, 2014, 08:34:48 PM |
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Anyone else lose their BTC? Mine disappeared.... Mintpal fix this shit.. nope my BTC are still there I opened a ticket, waiting for their reply... hopefully BC doesn't rise too high before i get it back. my btc dissapeared and are hanging now in "held for orders"!
Mine too create a ticket... we need to let them know
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richy
Full Member
Offline
Activity: 224
Merit: 100
KryptoBonds, Bonds Industry now in Blockchain
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April 14, 2014, 08:35:35 PM |
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I wonder if btc-e is sitting up and taking notice.
11,000 BTC worth of blackcoin traded in the last 24 hours.
I'm curious. Anyone know how to check Google trends. Check Blackcoin! http://www.google.com/trends/explore#q=vertcoin%2C%20litecoin%2C%20blackcoin%2C%20peercoin%2C%20dogecoin&date=today%201-m&cmpt=qso far it is still another liga... but you see the littel yellow spike... thats us... BC is coming
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