RyNinDaCleM
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Activity: 2408
Merit: 1009
Legen -wait for it- dary
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February 08, 2012, 03:30:26 PM |
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Unfortunately the ask/sell side is becoming a tidal wave of hell. I may very well continue to drop. That buy wall at 5.72 was being eating quite quickly.
Quite so. I'm not really saying that the price is fixed and can only go up; just that it was amusing to see no instant reaction to the dump. We've seen the dumps so many times in the past, Many of us really just expect it, and try to profit from it.
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SlaveInDebt
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February 08, 2012, 06:01:48 PM |
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Who said nerds/geeks/etc can't learn to trade. I picture Gox this way... Though I couldn't do better.
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"A banker is a fellow who lends you his umbrella when the sun is shining, but wants it back the minute it begins to rain." - Mark Twain
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cbeast
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Activity: 1736
Merit: 1014
Let's talk governance, lipstick, and pigs.
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February 08, 2012, 06:14:50 PM |
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Who said nerds/geeks/etc can't learn to trade.
<image snipped> I picture Gox this way...
Though I couldn't do better.
I knew a kid made his first million at age 16 trading sports cards. What a racket that was (is?).
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Any significantly advanced cryptocurrency is indistinguishable from Ponzi Tulips.
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N12
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Activity: 1610
Merit: 1010
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February 10, 2012, 06:03:15 PM |
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$1.29 million in bids.
Proudhon, was that the highest? We are at a (at least local) high of 1.38 million now. Remember the price was around 7 with fewer funds in Gox bids.
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proudhon
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Activity: 2198
Merit: 1311
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February 10, 2012, 06:07:44 PM |
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$1.29 million in bids.
Proudhon, was that the highest? We are at a (at least local) high of 1.38 million now. Remember the price was around 7 with fewer funds in Gox bids. The highest I saw was just over $1.6 million on January 20th. That was after the giant zhoutonging that took us down to $4.7 (or whatever it was). Just before the zhoutonging the bid depth was at $1.3 million, which if I remember right was an all time high at the time (at least since we've been able to see the entire order book).
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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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N12
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Activity: 1610
Merit: 1010
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February 10, 2012, 06:11:30 PM |
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Interesting. To me, this confirms that depth is a lagging and at best a contrarian indicator for investor sentiment.
Useless.
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GeniuSxBoY
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February 10, 2012, 06:50:24 PM |
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only $500,000 to $7.
there's gotta be someone with that lying in their couch somewhere.
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Be humble!
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proudhon
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Activity: 2198
Merit: 1311
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February 10, 2012, 06:52:44 PM |
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only $500,000 to $7.
there's gotta be someone with that lying in their couch somewhere.
*checks under couch cushions* Sorry, I'm out. Edit: BTW, is everyone ready for the next leg up?
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Bitcoin Fact: the price of bitcoin will not be greater than $70k for more than 25 consecutive days at any point in the rest of recorded human history.
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SkRRJyTC
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Activity: 1008
Merit: 1000
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February 10, 2012, 07:12:37 PM |
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Edit: BTW, is everyone ready for the next leg up?
Made my biggest buy yet this morning Can I has rally now?
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Hexadecibel
Human Intranet Liason
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Activity: 571
Merit: 504
I still <3 u Satoshi
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February 10, 2012, 07:23:07 PM |
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Going long! @#$% the Federal reserve!
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Spekulatius
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Activity: 1022
Merit: 1000
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February 10, 2012, 07:29:45 PM |
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I say itll bounce back from 6 or 6.08$ before the bull stampede starts!
hopefully back to 5.5 smthg!
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N12
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Activity: 1610
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February 10, 2012, 07:31:28 PM |
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Edit: BTW, is everyone ready for the next leg up?
Ready when you are. I say itll bounce back from 6 or 6.08$ before the bull stampede starts!
hopefully back to 5.5 smthg!
Sold some, eh?
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Electricbees
Sr. Member
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Activity: 322
Merit: 250
We are bees, and we hate you.
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February 10, 2012, 08:39:25 PM |
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EAT UP THAT WALL.
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Donations are welcome! 1BEES19ds5gEnRBoU1qNFPfjRXe94trMG3
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SkRRJyTC
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Activity: 1008
Merit: 1000
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February 10, 2012, 08:57:23 PM |
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EAT UP THAT WALL.
Im not sure we will even need to at $5.91 it keeps flickering...
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hatshepsut
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February 10, 2012, 08:57:46 PM |
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POOF!
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SkRRJyTC
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Activity: 1008
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February 10, 2012, 09:04:38 PM |
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Anyone want the last 10k BTC under $6?
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proudhon
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Activity: 2198
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February 10, 2012, 09:05:29 PM |
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Anyone want the last 10k BTC under $6? Sure, I'll take em.
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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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Remember remember the 5th of November
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Activity: 1862
Merit: 1011
Reverse engineer from time to time
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February 10, 2012, 09:13:46 PM |
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Anyone want the last 10k BTC under $6? Sure, I'll take em. They can be yours for only 60,000 pieces of special paper! If it's this special paper, I have loads of that
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BTC:1AiCRMxgf1ptVQwx6hDuKMu4f7F27QmJC2
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Electricbees
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Activity: 322
Merit: 250
We are bees, and we hate you.
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February 10, 2012, 10:59:41 PM |
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Dat flat blue line.
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Donations are welcome! 1BEES19ds5gEnRBoU1qNFPfjRXe94trMG3
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