Dargo
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Activity: 1820
Merit: 1000
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March 18, 2013, 08:12:57 PM |
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Given the "trust no one, everything is a scam" attitude on this forum, it's surprising that post was given any credence at all.
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robocoin
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March 18, 2013, 08:14:16 PM |
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Whatever it is, it's amazing. Eating ice cream just got better.
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mccorvic
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March 18, 2013, 08:14:20 PM |
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Given the "trust no one, everything is a scam" attitude on this forum, it's surprising that post was given any credence at all.
People cared only because there was nothin' else interesting happening since the fork incident. |
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Technomage
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Activity: 2184
Merit: 1056
Affordable Physical Bitcoins - Denarium.com
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March 18, 2013, 08:15:11 PM |
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Given the "trust no one, everything is a scam" attitude on this forum, it's surprising that post was given any credence at all. That's why I'm very confused about the whole thing. I know about market psychology and all, but buying 11 000 bitcoins because a random troll says he is going to buy a ton of bitcoins, is just beyond my understanding. It's a strange day. |
Denarium closing sale discounts now up to 43%! Check out our products from here! |
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Spaceman_Spiff
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Activity: 1638
Merit: 1001
₪``Campaign Manager´´₪
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March 18, 2013, 08:15:15 PM |
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Given the "trust no one, everything is a scam" attitude on this forum, it's surprising that post was given any credence at all.
People cared only because there was nothin' else interesting happening since the fork incident. He might just have ignited something that was going to blow up anyway. |
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gimme_bottles
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March 18, 2013, 08:15:57 PM |
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Given the "trust no one, everything is a scam" attitude on this forum, it's surprising that post was given any credence at all.
everyone desperately waiting for 50$ is just waiting for such "news"  |
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Technomage
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Activity: 2184
Merit: 1056
Affordable Physical Bitcoins - Denarium.com
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March 18, 2013, 08:16:17 PM |
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He might just have ignited something that was going to blow up anyway. That explanation, I can accept. If buyers were already on the trigger, it makes sense. |
Denarium closing sale discounts now up to 43%! Check out our products from here! |
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mccorvic
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March 18, 2013, 08:16:35 PM |
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Given the "trust no one, everything is a scam" attitude on this forum, it's surprising that post was given any credence at all.
People cared only because there was nothin' else interesting happening since the fork incident. He might just have ignited something that was going to blow up anyway. That's pretty much what I was saying earlier as well. It sparked a handful of people who had bids at $30 or $40 to actually just buy. This may start an avalanche of buying with some of the other $8mil USD sitting in bids atm. |
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Zangelbert Bingledack
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Activity: 1036
Merit: 1000
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March 18, 2013, 08:17:36 PM |
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The price did go up. Maybe someone was just floating it as a test to see how much the market would move.
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Piper67
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Activity: 1106
Merit: 1001
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March 18, 2013, 08:21:15 PM |
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Maybe he was privy to information about someone who intended to buy, and decided to ride on the coattails for a while trying to set up his own, much smaller, dump.
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Chalkbot
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Activity: 896
Merit: 1001
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March 18, 2013, 08:22:20 PM |
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The price did go up. Maybe someone was just floating it as a test to see how much the market would move.
Although the data is hardly useful, if someone tried to replicate the results there would probably be an entirely different reaction. |
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Dargo
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Activity: 1820
Merit: 1000
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March 18, 2013, 08:23:45 PM |
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Maybe he was privy to information about someone who intended to buy, and decided to ride on the coattails for a while trying to set up his own, much smaller, dump.
Maybe he's 12 years old, and laughing really hard right now. |
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molecular
Donator
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Activity: 2772
Merit: 1019
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March 18, 2013, 08:25:26 PM |
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All the action so far has been in the f-en Mt.Gox. Bitstamp is doing just fine at $47.6 when I last checked.
weird. why are the arbitrageurs not doing their work? |
PGP key molecular F9B70769 fingerprint 9CDD C0D3 20F8 279F 6BE0 3F39 FC49 2362 F9B7 0769
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molecular
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Activity: 2772
Merit: 1019
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March 18, 2013, 08:26:58 PM |
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Given the "trust no one, everything is a scam" attitude on this forum, it's surprising that post was given any credence at all.
it was on reddit, not here  |
PGP key molecular F9B70769 fingerprint 9CDD C0D3 20F8 279F 6BE0 3F39 FC49 2362 F9B7 0769
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thoughtfan
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March 18, 2013, 08:28:45 PM |
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What makes you guys so sure the this little flurry was down to the $1m claim? As I left work it looked to me like it was about to go off (walls moving northward) and was not surprised at all that it had shot up with some pretty active trading by the time I got home. THEN this claim came about.
I suspect the subsequent bout of heavy trading was more to do with those who had been expecting and hoping to buy back in at $2x or $3x giving up and buying back in. I have been somewhat surprised at the number of those I would consider to be experienced and with their heads screwed on who have been saying how they've sold off around the current high hoping to be getting back in much lower. I'm not saying it won't go that way but I'd be more surprised than if it goes up by the same amount.
I'm just pleased to see some volume come back in. We've already left Friday's volume behind and looking strong to get up to Thursday's or even Wednesday's before midnight here in London.
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maxmint
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March 18, 2013, 08:31:11 PM |
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The reddit troll actually posted after MtGox got going, so I doubt it had much influence.
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Dargo
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Activity: 1820
Merit: 1000
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March 18, 2013, 08:32:32 PM |
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Given the "trust no one, everything is a scam" attitude on this forum, it's surprising that post was given any credence at all.
it was on reddit, not here Yes, I know - why does that make a difference? Absurd posts on bitcointalk are suspicious, but if they are on reddit, it's legit? |
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thoughtfan
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March 18, 2013, 08:42:44 PM |
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mtgox live ... and it's gone! surprised it lasted this long really considering there was actually something to see! Bring on CoinLabs!
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rpietila
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Activity: 1722
Merit: 1036
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March 18, 2013, 08:47:17 PM |
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All the action so far has been in the f-en Mt.Gox. Bitstamp is doing just fine at $47.6 when I last checked.
weird. why are the arbitrageurs not doing their work? Yeah, there was a $1 difference. Narrowed down by now. But the price is not crashing, so obviously the troll did not have BTC25,000 to sell either  |
HIM TVA Dragon, AOK-GM, Emperor of the Earth, Creator of the World, King of Crypto Kingdom, Lord of Malla, AOD-GEN, SA-GEN5, Ministry of Plenty (Join NOW!), Professor of Economics and Theology, Ph.D, AM, Chairman, Treasurer, Founder, CEO, 3*MG-2, 82*OHK, NKP, WTF, FFF, etc(x3)
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Zangelbert Bingledack
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Activity: 1036
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March 18, 2013, 09:07:06 PM |
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This is another example, albeit a very tiny one, of how Bitcoin is anti-fragile. The troll manipulation hit made people more resistant to that kind of manipulation in the future.
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