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designbuyers (OP)
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February 25, 2014, 05:21:19 AM |
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I am unsure what is happening, bitcoin keep getting low, anyone notice ?
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ISAWHIM
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February 25, 2014, 05:22:55 AM |
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Nope... didn't notice hundreds of thousands of BTC being cashed-out on all exchanges... Completely missed it.
All month long... xD
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matt4054
Legendary
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Activity: 1946
Merit: 1035
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February 25, 2014, 05:24:52 AM |
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Also, I've heard of some thing called MT.GOX, and some issues, maybe. Anyone else heard about this?  Any connection between their debacle and the dipping price can only be coincidence. |
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DeathAndTaxes
Donator
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Activity: 1218
Merit: 1079
Gerald Davis
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February 25, 2014, 05:25:07 AM |
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Thanks for the heads up. I thought they were going up but then I realized I had the monitor upside down. You probably saved me a fortune.
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igroock
Member
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Activity: 84
Merit: 10
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February 25, 2014, 05:26:01 AM |
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This month has been all bad news. Next month it should be back up to what it was a month ago.
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Bobsurplus
Legendary
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Activity: 1008
Merit: 1000
Making money since I was in the womb! @emc2whale
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February 25, 2014, 05:27:52 AM |
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Also, I've heard of some thing called MT.GOX, and some issues, maybe. Anyone else heard about this? Any connection between their debacle and the dipping price can only be coincidence. I think the company your thinking about is called MT Goxbux or something. |
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anteater2009
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Activity: 49
Merit: 0
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February 25, 2014, 05:29:09 AM |
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I am unsure what is happening, bitcoin keep getting low, anyone notice ?
Oh no!!! I just woke up from my cryogenic chamber and found this. Thanks for the early warning. Now its time for me to set to hibernation mode and return to Bitcoin scene after six months when things would settle down. |
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bbit
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Activity: 1330
Merit: 1000
Bitcoin
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February 25, 2014, 05:31:55 AM |
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Thanks for the heads up. I thought they were going up but then I realized I had the monitor upside down. You probably saved me a fortune.
hahaha ^^ . |
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Phinnaeus Gage
Legendary
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Activity: 1918
Merit: 1570
Bitcoin: An Idea Worth Spending
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February 25, 2014, 05:32:46 AM |
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All I did in the past three hours was watch Enemy of the State on YouTube (first full movie I've watched in months) and took an hour long shit. What the fuck is happening?
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Bobsurplus
Legendary
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Activity: 1008
Merit: 1000
Making money since I was in the womb! @emc2whale
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February 25, 2014, 05:34:25 AM |
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All I did in the past three hours was watch Enemy of the State on YouTube (first full movie I've watched in months) and took an hour long shit. What the fuck is happening?
Gox Died Dude! The game is over, jump ship while you still can.  |
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matt4054
Legendary
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Activity: 1946
Merit: 1035
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February 25, 2014, 05:49:00 AM |
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Gox Died Dude!
The game is over, jump ship in cheap while you still can.
ftfy  |
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CoinHoarder
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Activity: 1484
Merit: 1026
In Cryptocoins I Trust
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February 25, 2014, 05:49:23 AM |
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http://www.youtube.com/watch?v=K2ku1A5Ox8UIs this the last time everyone will get goxxed? Thanks for the heads up. I thought they were going up but then I realized I had the monitor upside down. You probably saved me a fortune.
Put the whiskey down! 
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Tonka Branded Truck
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February 25, 2014, 05:49:40 AM |
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The weak hands is selling their bitcoin because mtgox is closing. Very irrelevant. Now is the time to buy bitcoin.
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instructor2121
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Activity: 51
Merit: 0
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February 25, 2014, 05:50:28 AM |
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Thanks for the heads up. I thought they were going up but then I realized I had the monitor upside down. You probably saved me a fortune.
lol... |
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matt4054
Legendary
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Activity: 1946
Merit: 1035
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February 25, 2014, 05:51:56 AM |
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Remember the short term effect on price after Silk Road was shut down? It was supposed to be the only real use of Bitcoin after all, wasn't it?
And do you remember what had become of that crashed BTC price just 2 months later? Just saying...
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Bobsurplus
Legendary
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Activity: 1008
Merit: 1000
Making money since I was in the womb! @emc2whale
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February 25, 2014, 05:52:23 AM |
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The weak hands is selling their bitcoin because mtgox is closing. Very irrelevant. Now is the time to buy bitcoin.
You don't get it! Do you trust an exchange to hold your money or coins? I don't. |
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matt4054
Legendary
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Activity: 1946
Merit: 1035
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February 25, 2014, 05:56:23 AM |
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Do you trust an exchange to hold your money or coins?
I do, for a couple of hours (for BTC) or days (for fiat). And I observe them, read a lot about them before using them. For small amounts at first, and limited amounts afterwards. When I want to buy 2 BTC at Bitstamp, I make a fiat deposit, as soon as it's credited I exchange it to BTC, and withdraw it. When I want to sell 2 BTC at Bitstamp, I make a BTC deposit, as soon as it's credited I exchange it to fiat, and withdraw it. Am I more intelligent that the average person? Common... why would you use an exchange like a deposit bank, seriously? |
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ISAWHIM
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February 25, 2014, 05:59:33 AM |
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Here is the secret to trading...
When prices are high, cash-out for money... Lots of it...
When prices are low, cash-in for BTC... Lots of it...
What a novel idea! I know, right... Apparently that concept is catching-on... Just an observation I made the last few years I have been here. Might try it now! Looks like it works real well for a bunch of other people.
Shhh... don't tell everyone, or you will screw it up for the rest of us.
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Bobsurplus
Legendary
Offline
Activity: 1008
Merit: 1000
Making money since I was in the womb! @emc2whale
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February 25, 2014, 06:30:16 AM |
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were going bellow 400 now.
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bananas
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February 25, 2014, 06:32:09 AM |
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Better sell whoever is still on a profit, it will go very low and stay like that. If you are not on a profit maybe it is better to hold and wait.
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