proudhon
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Activity: 2198
Merit: 1311
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December 19, 2011, 12:38:11 PM |
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Um...
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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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It is a common myth that Bitcoin is ruled by a majority of miners. This is not true. Bitcoin miners "vote" on the ordering of transactions, but that's all they do. They can't vote to change the network rules.
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somestranger
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December 19, 2011, 12:40:14 PM |
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Holy shit that was a big move. Something like 10,000 BTC buy up to 3.50!  |
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Mushoz
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December 19, 2011, 12:40:23 PM |
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short-squeeze
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www.bitbuy.nl - Koop eenvoudig, snel en goedkoop bitcoins bij Bitbuy!
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proudhon
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Activity: 2198
Merit: 1311
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December 19, 2011, 12:43:43 PM |
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Nice. Sombody's using their bot to stop the rally.
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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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Mushoz
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December 19, 2011, 12:46:24 PM |
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Mtgoxlive down? Sierra Charts is showing a 3,65 high. Mtgoxlive topped at 3,57 and then died. Now Mtgoxlive is blank when reopening the page.
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www.bitbuy.nl - Koop eenvoudig, snel en goedkoop bitcoins bij Bitbuy!
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somestranger
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December 19, 2011, 12:46:32 PM |
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Looks like mtgoxlive went down. Mtgox says current price is 3.65!! So much for stopping the rally?
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proudhon
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Activity: 2198
Merit: 1311
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December 19, 2011, 12:48:29 PM |
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Interesting, so somebody bought all those coins that got quickly thrown up on the ask side when the price hit 3.57.
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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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Mushoz
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December 19, 2011, 12:50:52 PM |
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Yes, we hit a high of 3,67. We're now down to 3,58. Too bad I can't see the depth chart of Mtgoxlive. I'm wondering what the big holders are doing with their walls.
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www.bitbuy.nl - Koop eenvoudig, snel en goedkoop bitcoins bij Bitbuy!
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Mushoz
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December 19, 2011, 12:53:12 PM |
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Thanks! The depth charts of bitcoinity seem to be up to date though. Lots of weird movement. Let's see where this goes.
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www.bitbuy.nl - Koop eenvoudig, snel en goedkoop bitcoins bij Bitbuy!
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proudhon
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Activity: 2198
Merit: 1311
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December 19, 2011, 12:53:40 PM |
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Thanks, I was just trying bitcoinity but it was moving backwards. |
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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old_engineer
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December 19, 2011, 12:54:02 PM |
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Looks like mtgoxlive went down. Mtgox says current price is 3.65!! So much for stopping the rally?
And bitcoinity is seriously messed up, too. Heh.  |
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Mushoz
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December 19, 2011, 12:55:01 PM |
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Yeah, it's bugged.
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www.bitbuy.nl - Koop eenvoudig, snel en goedkoop bitcoins bij Bitbuy!
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proudhon
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Activity: 2198
Merit: 1311
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December 19, 2011, 12:56:23 PM |
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bitcoincharts shows less than 30,000BTC to $5 right now.
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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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NamelessOne
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Activity: 840
Merit: 1000
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December 19, 2011, 12:58:53 PM |
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You're all welcome.  And wow about 30,000btc to 5! |
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Mushoz
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December 19, 2011, 12:59:27 PM |
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bitcoincharts shows less than 30,000BTC to $5 right now.
They have depth charts? Where can I find those? Thanks!  |
www.bitbuy.nl - Koop eenvoudig, snel en goedkoop bitcoins bij Bitbuy!
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proudhon
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Activity: 2198
Merit: 1311
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December 19, 2011, 12:59:52 PM |
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There we go. Big sell-off.
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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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somestranger
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December 19, 2011, 01:01:07 PM |
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Back to 3.30. How low will it go?
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old_engineer
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December 19, 2011, 01:01:40 PM |
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I doubt it will hit $4 today, too much resistance.
And now... LOL! Mr. 3.20 woke up.
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proudhon
Legendary
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Activity: 2198
Merit: 1311
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December 19, 2011, 01:01:54 PM |
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Back to 3.30. How low will it go?
3.19. |
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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