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legolouman (OP)
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November 18, 2011, 09:30:35 PM |
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Did I just watch Gox BTC prices fall into the last real wall before a plummet? Are we (As a community) scared?
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If you love me, you'd give me a Satoshi!
BTC - 1MSzGKh5znbrcEF2qTrtrWBm4ydH5eT49f
LTC - LYeJrmYQQvt6gRQxrDz66XTwtkdodx9udz
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"Your bitcoin is secured in a way that is physically impossible for others to access, no matter for what reason, no matter how good the excuse, no matter a majority of miners, no matter what." -- Greg Maxwell
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Jonathan Ryan Owens
Donator
Sr. Member
 Offline
Activity: 392
Merit: 252
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November 18, 2011, 09:33:11 PM |
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Did I just watch Gox BTC prices fall into the last real wall before a plummet? Are we (As a community) scared?
Heh. It was beautiful. I can't wait to see that final wall get attacked, and for us to find real price parity. |
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Crypt_Current
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November 18, 2011, 09:34:29 PM |
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Yerp, down hard friends
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legolouman (OP)
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November 18, 2011, 09:35:02 PM |
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I almost agree. From an economic standpoint, mining has to be a lose money situation, or a thing that is done ONLY if you can't buy BTC. With Bitcoin prices more stable at say $1, they would be a more viable currency, I understand that. I was just sitting with my jaw dropped as it happened.
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If you love me, you'd give me a Satoshi!
BTC - 1MSzGKh5znbrcEF2qTrtrWBm4ydH5eT49f
LTC - LYeJrmYQQvt6gRQxrDz66XTwtkdodx9udz
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Crypt_Current
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November 18, 2011, 09:38:33 PM |
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I almost agree. From an economic standpoint, mining has to be a lose money situation, or a thing that is done ONLY if you can't buy BTC. With Bitcoin prices more stable at say $1, they would be a more viable currency, I understand that. I was just sitting with my jaw dropped as it happened.
I mine. And I dunno about that whole "stable currency" stuff -- if I want to use my BTC, I use my BTC. Right now I have a short position on bitcoinica which is the only reason I want to see price drop. |
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RyNinDaCleM
Legendary
Offline
Activity: 2408
Merit: 1009
Legen -wait for it- dary
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November 18, 2011, 09:41:10 PM |
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Woot! Rally!!!1!11
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BadBear
v2.0
Legendary
Offline
Activity: 1652
Merit: 1127
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November 18, 2011, 09:44:12 PM |
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Woot! Rally!!!1!11
Bear rally. COINS FOR THE BEAR GOD! |
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RyNinDaCleM
Legendary
Offline
Activity: 2408
Merit: 1009
Legen -wait for it- dary
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November 18, 2011, 09:46:05 PM |
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First bite!
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Matthew N. Wright
Untrustworthy
Hero Member
Offline
Activity: 588
Merit: 500
Hero VIP ultra official trusted super staff puppet
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November 18, 2011, 09:47:40 PM |
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I'll never buy bitcoins to hold. Butcoin is an awesome way to transfer credits. Anyone holding then is just gambling.
Disclaimer: I am Tom Williams.
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legolouman (OP)
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November 18, 2011, 09:50:23 PM |
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Someone just dropped over 2000 coins in one transaction. It's going guys. No way to rally Woot! Rally!!!1!11
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If you love me, you'd give me a Satoshi!
BTC - 1MSzGKh5znbrcEF2qTrtrWBm4ydH5eT49f
LTC - LYeJrmYQQvt6gRQxrDz66XTwtkdodx9udz
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RyNinDaCleM
Legendary
Offline
Activity: 2408
Merit: 1009
Legen -wait for it- dary
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November 18, 2011, 09:55:14 PM |
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Someone just dropped over 2000 coins in one transaction. It's going guys. No way to rally Woot! Rally!!!1!11
Twice! But, I was being facetious! |
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legolouman (OP)
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November 18, 2011, 09:56:45 PM |
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Someone just dropped over 2000 coins in one transaction. It's going guys. No way to rally Woot! Rally!!!1!11
Twice! But, I was being facetious! As it somehow holds ~2.15 |
If you love me, you'd give me a Satoshi!
BTC - 1MSzGKh5znbrcEF2qTrtrWBm4ydH5eT49f
LTC - LYeJrmYQQvt6gRQxrDz66XTwtkdodx9udz
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Crypt_Current
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November 18, 2011, 09:59:28 PM |
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Someone just dropped over 2000 coins in one transaction. It's going guys. No way to rally Woot! Rally!!!1!11
Twice! But, I was being facetious! yyyyeah keeps droppin back to 2.10. I sold my remaining coins @ 2.15 though :-D |
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RyNinDaCleM
Legendary
Offline
Activity: 2408
Merit: 1009
Legen -wait for it- dary
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November 18, 2011, 10:02:06 PM |
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That wall is standing there taking it too. I thought for sure it would have been pulled by now.
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Crypt_Current
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November 18, 2011, 10:04:32 PM |
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That wall is standing there taking it too. I thought for sure it would have been pulled by now.
Eh, it'll chip away |
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legolouman (OP)
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November 18, 2011, 10:04:37 PM |
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That wall is standing there taking it too. I thought for sure it would have been pulled by now.
That wall now looks like an odd L shape. It's slowly slipping. |
If you love me, you'd give me a Satoshi!
BTC - 1MSzGKh5znbrcEF2qTrtrWBm4ydH5eT49f
LTC - LYeJrmYQQvt6gRQxrDz66XTwtkdodx9udz
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Jonathan Ryan Owens
Donator
Sr. Member
Offline
Activity: 392
Merit: 252
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November 18, 2011, 10:04:51 PM |
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That wall is standing there taking it too. I thought for sure it would have been pulled by now.
He's going to die by his own sword, samurai style. Captain going down with his ship. Honorable. |
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proudhon
Legendary
Offline
Activity: 2198
Merit: 1311
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November 18, 2011, 10:10:34 PM |
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That wall is standing there taking it too. I thought for sure it would have been pulled by now.
He's going to die by his own sword, samurai style. Captain going down with his ship. Honorable.  |
Bitcoin Fact: the price of bitcoin will not be greater than $70k for more than 25 consecutive days at any point in the rest of recorded human history.
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legolouman (OP)
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November 18, 2011, 10:11:35 PM |
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That wall is standing there taking it too. I thought for sure it would have been pulled by now.
He's going to die by his own sword, samurai style. Captain going down with his ship. Honorable. Those other walls are beginning to look more..erm, wallish? Well yeah, they could get in the way. |
If you love me, you'd give me a Satoshi!
BTC - 1MSzGKh5znbrcEF2qTrtrWBm4ydH5eT49f
LTC - LYeJrmYQQvt6gRQxrDz66XTwtkdodx9udz
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proudhon
Legendary
Offline
Activity: 2198
Merit: 1311
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November 18, 2011, 10:16:58 PM |
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~6000BTC bite.
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Bitcoin Fact: the price of bitcoin will not be greater than $70k for more than 25 consecutive days at any point in the rest of recorded human history.
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