Crossed 500 USD - Bull Market returns ?

[apsvinet]

btc high, btc low. its always a wild ride.

That's the nature of the currency. However it'll probably rise more than it sinks within the months coming.

[Kiki112]

yep, we're a bull market alright

we're going to spin between 490-510 until tommorow probabably and next week we could already get on 600$

[apsvinet]

yep, we're a bull market alright

we're going to spin between 490-510 until tommorow probabably and next week we could already get on 600$

I'm hoping for a quick rise now, been too low for too long, it's demoralizing.

[Kiki112]

yep, we're a bull market alright

we're going to spin between 490-510 until tommorow probabably and next week we could already get on 600$

I'm hoping for a quick rise now, been too low for too long, it's demoralizing.

think of bitcoin as a super-share, there is no share that grows as fast as bitcoin does

love it because it's simply bitcoin

[apsvinet]

yep, we're a bull market alright

we're going to spin between 490-510 until tommorow probabably and next week we could already get on 600$

I'm hoping for a quick rise now, been too low for too long, it's demoralizing.

think of bitcoin as a super-share, there is no share that grows as fast as bitcoin does

love it because it's simply bitcoin

It's true, but we'd need some major explosions upwards after the crashes, like a major web service accepting bitcoins or something alike.

[BitCoinDream]

Today's High: $543.32

[bryant.coleman]

Today's High: $543.32

Reached $544.999 in BTC-E, before someone dumped 4,000+ coins in a few minutes. Still not much affected, as the prices are staying above $500.

[Inkvor]

its going 2k this time , lets go bitcoin !

[apsvinet]

Today's High: $543.32

Reached $544.999 in BTC-E, before someone dumped 4,000+ coins in a few minutes. Still not much affected, as the prices are staying above $500.

Really, someone sold 4000 coins at 544? You'd think someone with that many coins would know that 544 is definitely not the highest price we'll see this month.

[dreamspark]

Today's High: $543.32

Reached $544.999 in BTC-E, before someone dumped 4,000+ coins in a few minutes. Still not much affected, as the prices are staying above $500.

Really, someone sold 4000 coins at 544? You'd think someone with that many coins would know that 544 is definitely not the highest price we'll see this month.

Right and they could have bought them all back just over $500 and made $160,000 not bad for a days work.

[apsvinet]

Today's High: $543.32

Reached $544.999 in BTC-E, before someone dumped 4,000+ coins in a few minutes. Still not much affected, as the prices are staying above $500.

Really, someone sold 4000 coins at 544? You'd think someone with that many coins would know that 544 is definitely not the highest price we'll see this month.

Right and they could have bought them all back just over $500 and made $160,000 not bad for a days work.

Ah yeah, of course. I didn't think that far. Damn, that's some serious profit.

[ujka]

Today's High: $543.32

Reached $544.999 in BTC-E, before someone dumped 4,000+ coins in a few minutes. Still not much affected, as the prices are staying above $500.

Traders panicked on the news that MtGox filed for liquidation now, and are afraid what 200'000 recovered coins can do if 'liquidated' on some exchange?
I don't think that a liquidator would dump those coins on the exchange.

[apsvinet]

Today's High: $543.32

Reached $544.999 in BTC-E, before someone dumped 4,000+ coins in a few minutes. Still not much affected, as the prices are staying above $500.

Really, someone sold 4000 coins at 544? You'd think someone with that many coins would know that 544 is definitely not the highest price we'll see this month.

Right and they could have bought them all back just over $500 and made $160,000 not bad for a days work.

However, when they bought them back, shouldn't the price have recovered to previous 544?

[shorena]

Today's High: $543.32

Reached $544.999 in BTC-E, before someone dumped 4,000+ coins in a few minutes. Still not much affected, as the prices are staying above $500.

Really, someone sold 4000 coins at 544? You'd think someone with that many coins would know that 544 is definitely not the highest price we'll see this month.

Right and they could have bought them all back just over $500 and made $160,000 not bad for a days work.

Ah yeah, of course. I didn't think that far. Damn, that's some serious profit.

No thats nonsense. If you want to buy 4000 coins now price would slip up to ~570 (bitstamp prices), so it would have been a loss.
Also however sold those 4000 coins (I personally dont think that it was one person) would not have sold all of them for 544, thats why the price fell. So the price for all 4000 was way lower than 544 on average.

[sanjoea]

Today its reached high value after a long time

[bryant.coleman]

Today its reached high value after a long time

I don't know what you are talking about. A month ago, BTC was trading at $800-900 levels. Now we are trading at almost half that level. Overall it is a steep decline in the exchange rate.

[apsvinet]

Today its reached high value after a long time

I don't know what you are talking about. A month ago, BTC was trading at $800-900 levels. Now we are trading at almost half that level. Overall it is a steep decline in the exchange rate.

Well I think he means that we were 3xx-4xx value for several weeks, and now it's climbed 100 usd in 2 days~.

[BitCoinDream]

This bumpy ride is going to continue till a french man dumps his coin wealth to pay his lawyers. As far as I can remember, a thread was made with some kinda blockchain proof, that he is dumping on BTC-e, though I believe he'll split this dumping across the globe. (I wish some exchange suspends FIAT withdrawal when he dumps ) So, be ready to ride the rollercoaster

[apsvinet]

This bumpy ride is going to continue till a french man dumps his coin wealth to pay his lawyers. As far as I can remember, a thread was made with some kinda blockchain proof, that he is dumping on BTC-e, though I believe he'll split this dumping across the globe. (I wish some exchange suspends FIAT withdrawal when he dumps ) So, be ready to ride the rollercoaster

Well well, nothing new with that.

[Buziss]

This bumpy ride is going to continue till a french man dumps his coin wealth to pay his lawyers. As far as I can remember, a thread was made with some kinda blockchain proof, that he is dumping on BTC-e, though I believe he'll split this dumping across the globe. (I wish some exchange suspends FIAT withdrawal when he dumps ) So, be ready to ride the rollercoaster

It took me a while to understand who you are talking about lol