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Author Topic: WTF  (Read 4054 times)
Crypt_Current (OP)
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January 04, 2012, 05:44:51 PM
 #1

nuff said?

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proudhon
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January 04, 2012, 05:45:25 PM
 #2

nuff said?

Somebody trying to squeeze shorts maybe?

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.
Serge
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January 04, 2012, 05:46:10 PM
 #3

nuff said?

Somebody trying to squeeze shorts maybe?

in both directions!
proudhon
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January 04, 2012, 05:47:13 PM
 #4

Looks like we've got a bull vs bear battle going on right now.

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waspoza
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January 04, 2012, 05:47:37 PM
 #5

Holy mother of god...
proudhon
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January 04, 2012, 05:48:20 PM
 #6

Even if you're bearish, I don't know why you would sell immediately after a run like that.

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Matthew N. Wright
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⇾ Re: WTF
January 04, 2012, 05:49:02 PM
 #7

Quote
High:$5.70000
Low:$4.72410

That's fucking hilarious. Bitcoin is wildly varying by an entire dollar.

proudhon
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January 04, 2012, 05:50:13 PM
 #8

Quote
High:$5.70000
Low:$4.72410

That's fucking hilarious. Bitcoin is wildly varying by an entire dollar.

It's nice to see things back to normal.

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.
Crypt_Current (OP)
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January 04, 2012, 05:50:35 PM
 #9

If the swings are going to be THIS wild from now on, i'd better just stick with trading on the exchanges... Bitcoinica is not fast enough to keep up with this

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cypherdoc
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January 04, 2012, 05:51:48 PM
 #10

If the swings are going to be THIS wild from now on, i'd better just stick with trading on the exchanges... Bitcoinica is not fast enough to keep up with this

+1
waspoza
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January 04, 2012, 05:52:05 PM
 #11

Yeah, and mtgox live socked died. Why im not suprised...
Tronlet
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January 04, 2012, 05:52:40 PM
 #12

Well, yeah, if you call growing steadily from 4.95 to 5.2 (with a brief dip early on to 4.72), and then surging up in the past few minutes to 5.7, then dropping back down in the past minute "wildly varying by an entire dollar" then sure, it's doing that. Such minute-long spikes in both directions happen from time to time, the price is back to what it was ten minutes ago.

proudhon
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January 04, 2012, 05:53:01 PM
 #13

If the swings are going to be THIS wild from now on, i'd better just stick with trading on the exchanges... Bitcoinica is not fast enough to keep up with this

This is a big reason why I've decided to stay away from Bitcoinica.

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.
Crypt_Current (OP)
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January 04, 2012, 05:53:30 PM
 #14

Yeah, and mtgox live socked died. Why im not suprised...

props to what's his face that made btccharts.com ... it is very resilient.  i have been using it all day and made a bit of profit just going by it alone.

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Mousepotato
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January 04, 2012, 05:53:54 PM
 #15

Everybody said "yeah Mouse, get the Dell IPS monitor, it's great!"  Freakin thing must be bugging out on me because it just said $5.70 on Allchains.

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January 04, 2012, 05:54:13 PM
 #16

The lows have been tested.

it seems that we have some interesting times ahead.
Matthew N. Wright
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January 04, 2012, 05:54:34 PM
 #17

Well, yeah, if you call growing steadily from 4.95 to 5.2 (with a brief dip early on to 4.72), and then surging up in the past few minutes to 5.7, then dropping back down in the past minute "wildly varying by an entire dollar" then sure, it's doing that.

Yes. That is wildly varying by an entire dollar. Thank you for confirming.  Undecided

proudhon
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January 04, 2012, 05:55:22 PM
 #18

As usual these buys do not apear to be reallocations of standing bid orders.

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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January 04, 2012, 05:56:19 PM
 #19

breakout coming earlier than expected. 

(BFL)^2 < 0
proudhon
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January 04, 2012, 05:57:21 PM
 #20

Hmm, we might see $10 bitcoins in 2012.

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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