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The bitcoinica star is an indicator
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Topic: The bitcoinica star is an indicator (Read 1023 times)
zby
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The bitcoinica star is an indicator
January 26, 2012, 08:12:19 PM
#1
Bitcoinica star shows that bitcoinica does not have funds to support the rally any more - this is what stopped the recent rally. But indirectly it also shows that all bitcoin optimists are now fully in BTC and have no funds left for buying more.
stochastic
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Re: The bitcoinica star is an indicator
January 26, 2012, 08:17:21 PM
#2
Quote from: zby on January 26, 2012, 08:12:19 PM
Bitcoinica star shows that bitcoinica does not have funds to support the rally any more - this is what stopped the recent rally. But indirectly it also shows that all bitcoin optimists are now fully in BTC and have no funds left for buying more.
A moment ago it was on both buy and sell.
Introducing constraints to the economy only serves to limit what can be economical.
Eveofwar
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Re: The bitcoinica star is an indicator
January 26, 2012, 08:27:52 PM
#3
Quote from: dropoutbox on January 26, 2012, 08:17:21 PM
Quote from: zby on January 26, 2012, 08:12:19 PM
Bitcoinica star shows that bitcoinica does not have funds to support the rally any more - this is what stopped the recent rally. But indirectly it also shows that all bitcoin optimists are now fully in BTC and have no funds left for buying more.
A moment ago it was on
both
buy and sell.
Means Bitcoinica couldn't connect to MtGox API.
phorensic
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Re: The bitcoinica star is an indicator
January 26, 2012, 08:30:22 PM
#4
Quote from: Eveofwar on January 26, 2012, 08:27:52 PM
Quote from: dropoutbox on January 26, 2012, 08:17:21 PM
Quote from: zby on January 26, 2012, 08:12:19 PM
Bitcoinica star shows that bitcoinica does not have funds to support the rally any more - this is what stopped the recent rally. But indirectly it also shows that all bitcoin optimists are now fully in BTC and have no funds left for buying more.
A moment ago it was on
both
buy and sell.
Means Bitcoinica couldn't connect to MtGox API.
+1 - Zhou backed this up a couple three four days ago.
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