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Blazr2
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August 15, 2014, 12:02:11 AM |
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Didn't you get the memo? Someone send him another copy of that memo.
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maximus1984 (OP)
Newbie
 Offline
Activity: 8
Merit: 0
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August 15, 2014, 12:05:41 AM |
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Memo?
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AdamSmith
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August 15, 2014, 12:05:52 AM |
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Ethereum developers cashing out.
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pikuchato
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August 15, 2014, 12:14:10 AM |
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Memo?
Yeah the memo explains everything |
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maximus1984 (OP)
Newbie
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Activity: 8
Merit: 0
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August 15, 2014, 12:18:25 AM |
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Ethereum developers cashing out.
Hahah;) |
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blumangroup
Sr. Member
Offline
Activity: 350
Merit: 250
'Slow and steady wins the race'
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August 15, 2014, 12:58:56 AM |
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People not HODLing happened. |
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Hfleer
Sr. Member
Offline
Activity: 448
Merit: 250
Changing avatars is currently not possible.
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August 15, 2014, 01:17:48 AM |
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Bitcoin got hacked and someone created 1 Million new coins that are now continuously sold on the exchanges.
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██████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████ |
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maximus1984 (OP)
Newbie
Offline
Activity: 8
Merit: 0
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August 15, 2014, 02:22:35 AM |
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Check yours wallets! Whats going on?!
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smoothie
Legendary
Offline
Activity: 2492
Merit: 1498
LEALANA Bitcoin Grim Reaper
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August 15, 2014, 04:05:36 AM |
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Do I now something about bitcoin price?
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██████ ▐▓▓▓▓▌, ▄█▓▓▓▌ ██████─
▐▓▓▓▓▓▓█,,▄▓▓▓▓▓▓▌
▐▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▌
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²▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓╩
▀▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▀
²▀▀▓▓▓▓▓▓▓▓▓▓▓▓▀▀`
²²²
███████████████████████████████████████
| . ★☆ WWW.LEALANA.COM My PGP fingerprint is A764D833. History of Monero development Visualization ★☆ .
LEALANA BITCOIN GRIM REAPER SILVER COINS.
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jaberwock
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Activity: 3262
Merit: 1134
Bitz.io Best Bitcoin and Crypto Casino
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August 15, 2014, 04:13:38 AM |
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Happened that the sellers loaded lot of coins, and the buyers haven't enough buy orders to hold position, so 510 on Bitstamp |
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yogi
Legendary
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Activity: 947
Merit: 1042
Hamster ate my bitcoin
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August 15, 2014, 04:18:49 AM |
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Memo?
Yeah the memo explains everything Shhh, the memo said don't tell maximus1984. |
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Chicowash
Newbie
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Activity: 48
Merit: 0
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August 15, 2014, 05:49:26 AM |
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It is just some bigs cashing out and playing with price, nothing unusual.
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zhinkk
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August 15, 2014, 05:50:34 AM |
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Memo?
Yeah the memo explains everything I thought everyone got the memo... I'll resend it. |
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Buo
Member
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Activity: 112
Merit: 10
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August 15, 2014, 05:54:31 AM |
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It's just a drop known final capitulation, don't worry and hold your btc savings, it will rise.
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Kprawn
Legendary
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Activity: 1904
Merit: 1075
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August 15, 2014, 06:05:24 AM |
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It's a clandestine group of BTC Whales dumping huge amounts of BTC on exchanges, to push the price down, and for noobies to panic and exit the market. After this is over, they would buy back all the coins they sold, and also the cheap "noobie" coins. They do not want a small part of it, they want it ALL.  Seriously - US over Regulation + over supply of BTC because lots of people are buying, BIG SCREEN 3D led curved TV's from Dell.  |
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zedicus
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Merit: 1004
CryptoTalk.Org - Get Paid for every Post!
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August 15, 2014, 06:33:03 AM |
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Ignoring the huge amount of spam on this thread, I would say that the price drop has something to do with bitfinex's recent policy change that allows them to change the max amount of leverage based on market volatility. This probably caused somewhat of an initial selloff, which caused some people to get a margin call, which caused more of a sell off and so on. I have read that the prices on bitfinex were somewhat lower then other exchanges for much of the time as prices were falling quickly.
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adamstgBit
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Activity: 1904
Merit: 1039
Trusted Bitcoiner
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August 15, 2014, 06:43:44 AM |
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Ignoring the huge amount of spam on this thread, I would say that the price drop has something to do with bitfinex's recent policy change that allows them to change the max amount of leverage based on market volatility. This probably caused somewhat of an initial selloff, which caused some people to get a margin call, which caused more of a sell off and so on. I have read that the prices on bitfinex were somewhat lower then other exchanges for much of the time as prices were falling quickly.
A long squeeze. best explanation i have heard yet. charts seem to agree, you can see bitfinex went lower faster and also bounced faster. this confirms long squeeze. |
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FattyMcButterpants
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August 15, 2014, 06:46:16 AM |
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Ignoring the huge amount of spam on this thread, I would say that the price drop has something to do with bitfinex's recent policy change that allows them to change the max amount of leverage based on market volatility. This probably caused somewhat of an initial selloff, which caused some people to get a margin call, which caused more of a sell off and so on. I have read that the prices on bitfinex were somewhat lower then other exchanges for much of the time as prices were falling quickly.
don't think that happened. if you were watching bitcoinwisdom at the time, you would have seen a single 5000+ sell. that caused the margin call cascade. it had nothing to do with a policy change..... it's called preserving capital......  |
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linxproz
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August 15, 2014, 07:21:32 AM |
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I'm not an expert at all but I doubt that bitfinex could have influenced this (small) crash.
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