wobber (OP)
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Activity: 1064
Merit: 1001
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October 07, 2011, 05:36:54 PM |
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Not good!
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NamelessOne
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Activity: 840
Merit: 1000
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October 07, 2011, 05:38:04 PM |
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A whole month of not having new lows was enjoyable.
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wobber (OP)
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Activity: 1064
Merit: 1001
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October 07, 2011, 05:38:51 PM |
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A whole month of not have new lows was enjoyable.
Indeed. I was hoping we're gona be at 5 like years. |
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Crypt_Current
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October 07, 2011, 05:42:10 PM |
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It's goin back up... good thing, I was just about to liquidate my long position at bitcoinica
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Crypt_Current
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October 07, 2011, 05:42:31 PM |
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woop... spoke too soon
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infofront
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Activity: 2660
Merit: 2868
Shitcoin Minimalist
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October 07, 2011, 05:44:53 PM |
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I wish I could get more money into Mt. Gox faster! We're looking at a prime buying opportunity.
By all means, please keep panic selling.
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Crypt_Current
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October 07, 2011, 05:46:13 PM |
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I wish I could get more money into Mt. Gox faster! We're looking at a prime buying opportunity.
By all means, please keep panic selling.
Word |
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wobber (OP)
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October 07, 2011, 05:48:15 PM |
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+1
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Crypt_Current
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October 07, 2011, 05:49:01 PM |
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The sell price at bitcoinica AND the gox price DID dip below S0352's projected bottom of 4.18 ... to 4.16 for a minute or so...
... I have a bit of cash left at bitcoinica, should I go short? is a drop to 3.50 really feasible?
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wobber (OP)
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October 07, 2011, 05:50:53 PM |
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I would expect 3.7. For now.
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grod
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October 07, 2011, 06:19:48 PM |
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Nah, I think we're done with this month's drop. 4.2 is the new 5 for the coming month. Look for confirmation on deepbit though -- if total hash rate remains around 4.5 terahash (currently 4.3) over the weekend we'll be stable after a small, short term rally to around $4.4. If hash power does a swandive then we'll finally get our capitulation. At which point $3.5 will seem quite optimistic.
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Edward50
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October 07, 2011, 06:27:30 PM |
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The guy pulled his bidwall of 13000 bitoincs out at the 4.00 mark and looks to have set it at the 3.2. He is giving into a total collapse.
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Empty your mind, be formless, shapeless — like water. Now you put water in a cup, it becomes the cup; You put water into a bottle it becomes the bottle; You put it in a teapot it becomes the teapot. Now water can flow or it can crash. Be water, my friend.
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wobber (OP)
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October 07, 2011, 06:31:18 PM |
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It's just a matter of days.
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lowlevel
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October 07, 2011, 06:34:04 PM |
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I wish I could get more money into Mt. Gox faster! We're looking at a prime buying opportunity.
By all means, please keep panic selling.
I bought some just incase this is the new low...but, I don't think we've hit the bottom yet.  |
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wobber (OP)
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October 07, 2011, 06:35:55 PM |
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The lowest low will be lower lol
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grod
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October 07, 2011, 06:41:48 PM |
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Waiting on confirms on coins coming from btce (a bonus bitcoin a day from mining tenebrix! yay!) so I can send them to mtgox in support of this "rally." In hindsight I should have just sold on btce.
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Sitarow
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October 07, 2011, 06:46:18 PM |
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Because of the recent "Lost" wallets from http://bitcoin7.com. I would not be surprised to see an estimated 15 to 20k BTC to hit the market. And push this down trend further towards 3.5. |
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wobber (OP)
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October 07, 2011, 06:47:47 PM |
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They had like 8,000! This is panic selling coming from the big guys!
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RyNinDaCleM
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Legen -wait for it- dary
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October 07, 2011, 06:49:56 PM |
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With how shallow the ask side is, shouldn't the price be going up?
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wobber (OP)
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October 07, 2011, 06:54:49 PM |
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Do I hear a 4.01?
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