Matthew N. Wright
Untrustworthy
Hero Member
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Activity: 588
Merit: 500
Hero VIP ultra official trusted super staff puppet
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January 04, 2012, 05:57:45 PM |
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Hmm, we might see $10 bitcoins in 2012.
I'll sell you a few for $10 right now. |
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ineededausername
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January 04, 2012, 05:58:07 PM |
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Hmm, we might see $10 bitcoins in 2012.
proudhon is coming around! |
(BFL)^2 < 0
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Tronlet
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January 04, 2012, 05:58:16 PM |
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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.  Ok, sure, I just don't think going only up, not down, and having most of the spread be due to short blips counts as "wild variance". Subjectivism, I suppose. |
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Crypt_Current (OP)
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January 04, 2012, 06:00:52 PM |
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Hmm, we might see $10 bitcoins in 2012.
In 2012, cheeseburgers eat people! |
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SaintFlow
Sr. Member
Offline
Activity: 476
Merit: 250
The first is by definition not flawed.
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January 04, 2012, 06:01:21 PM |
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wow wtf u are doing dear speculators  buying ALL the bitcoins |
don't let me make you question your assumptions
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Crypt_Current (OP)
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January 04, 2012, 06:01:50 PM |
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I'd be willing to bet that this recent wild swing is the doings of bitcoinica replenishing reserves...
... any takers? 2 BTC bet?
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teflone
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January 04, 2012, 06:02:03 PM |
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In soviet russia, car drives you!
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RandyMarsh
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January 04, 2012, 06:02:53 PM |
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Hmm, we might see $10 bitcoins in 2012.
In 2012, cheeseburgers eat people! In 2012, Russia is a lovely place where everything is normal. |
Stan?! STAN?!?!
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waspoza
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January 04, 2012, 06:04:24 PM |
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Hmm, we might see $10 bitcoins in 2012.
In 2012, cheeseburgers eat people! In 2012, Russia is a lovely place where everything is normal. Except maybe 140% of total votes. |
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SaintFlow
Sr. Member
Offline
Activity: 476
Merit: 250
The first is by definition not flawed.
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January 04, 2012, 06:07:38 PM |
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just remember - the coins are being bought with fiat
remember - the coins are being bought with fiat
the coins are being bought with fiat
coins are being bought with fiat
are being bought with fiat
being bought with fiat
bought with fiat
with fiat
fiat
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don't let me make you question your assumptions
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Serge
Legendary
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Activity: 1050
Merit: 1000
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January 04, 2012, 06:09:33 PM |
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just remember - the coins are being bought with fiat
remember - the coins are being bought with fiat
the coins are being bought with fiat
coins are being bought with fiat
are being bought with fiat
being bought with fiat
bought with fiat
with fiat
fiat
yes, in bitcoins we trust |
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cypherdoc
Legendary
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Activity: 1764
Merit: 1002
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January 04, 2012, 06:13:33 PM |
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I'd be willing to bet that this recent wild swing is the doings of bitcoinica replenishing reserves...
... any takers? 2 BTC bet?
from where? but point well taken. with a surging mkt and a Bullseye event, no one trades as everyone goes long. so how would they make money on fees? they'd need to access more USD's or fiat from somewhere to let the longs buy as well as the shorts. |
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Hawkix
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January 04, 2012, 06:23:27 PM |
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Damn, where to look at asks&bids? Everything is down now.
BitcoinCharts are frozen few hours ago. MtGoxLive does not show its page at all. Clark's page does not show trades.
That stupid MtGox own graph does not show latest values neither.
So much to watch now .. but where?
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echowhiskey
Newbie
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Activity: 21
Merit: 0
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January 04, 2012, 06:29:45 PM |
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bitcoinBull
Legendary
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Activity: 826
Merit: 1001
rippleFanatic
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January 04, 2012, 06:30:44 PM |
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In bitcoinica's defense, it seems to be able to track the mtgox price when none of the other tickers can.
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College of Bucking Bulls Knowledge
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Tronlet
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January 04, 2012, 06:30:50 PM |
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Damn, where to look at asks&bids? Everything is down now.
BitcoinCharts are frozen few hours ago. MtGoxLive does not show its page at all. Clark's page does not show trades.
That stupid MtGox own graph does not show latest values neither.
So much to watch now .. but where?
This is what I'm using, it's pretty simple but it's something. http://www.livebitcointicker.com/?exch=mtgox&rr=15&pl=90 |
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cypherdoc
Legendary
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Activity: 1764
Merit: 1002
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January 04, 2012, 06:32:57 PM |
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THEY are trying to hide the Bitcoin price from you so you get left behind...  |
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bitcoinBull
Legendary
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Activity: 826
Merit: 1001
rippleFanatic
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January 04, 2012, 06:51:53 PM |
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Even if you're bearish, I don't know why you would sell immediately after a run like that.
I agree, that's weird. Sometimes when there's a big buy, a bot will do an equally big sell immediately after. I don't understand that strategy. This time the sell was relatively puny (~2600 btc sold after ~20k btc bought), and it was minutes afterward, so probably not a bot. [12:43] <bitcoinRT> Jan04 17:39:35 | Bid: 5.29 | Ask: 5.321 | Last: 5.32098 | Volume: 108690 [12:45] <bitcoinRT> Jan04 17:41:11 | Bid: 5.33847 | Ask: 5.7 | Last: 5.69619 | Volume: 125090 [12:46] <bitcoinRT> Jan04 17:42:43 | Bid: 5.6972 | Ask: 5.7 | Last: 5.7 | Volume: 127795 [12:49] <bitcoinRT> Jan04 17:45:47 | Bid: 5.39216 | Ask: 5.39327 | Last: 5.39664 | Volume: 130249 [12:51] <bitcoinRT> Jan04 17:47:20 | Bid: 5.39077 | Ask: 5.39327 | Last: 5.23 | Volume: 130462 [12:52] <bitcoinRT> Jan04 17:48:52 | Bid: 5.35035 | Ask: 5.39327 | Last: 5.39327 | Volume: 130700 |
College of Bucking Bulls Knowledge
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Hawkix
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January 04, 2012, 06:53:43 PM |
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I guess it may be "operator" error. He noticed large buy up to 5.70 and wanted to sell into it. Not realizing the spread is huge ....
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Bigpiggy01
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January 04, 2012, 07:18:58 PM |
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I guess it may be "operator" error. He noticed large buy up to 5.70 and wanted to sell into it. Not realizing the spread is huge .... It's more likely someone with a stupendously large bitcoinica position trying to guard it by attempting to take advantage of Zhoutong's new algorithm and it's new "no spike liquidation" feature so they can push things down and in that way avoid being Zhoutonged at least in the short term |
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