Elwar
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Activity: 3598
Merit: 2384
Viva Ut Vivas
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April 02, 2013, 05:37:28 AM |
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When was this? I did not see it go below $102 on MtGox.
btw, I lost the site for the live charts...MtGox live does not work for me at work or in my room.
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First seastead company actually selling sea homes: Ocean Builders https://ocean.builders Of course we accept bitcoin. |
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oakpacific
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April 02, 2013, 05:37:59 AM |
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Someone just sold 6000 coins and could not even be bothered to drip-feed them out at 100 a time. So got about $2.50 less each, wasting $15k. Crazy.
Bitcoin will take every chance to increase its market stability. |
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laughingbear
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April 02, 2013, 05:39:22 AM |
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When was this? I did not see it go below $102 on MtGox.
btw, I lost the site for the live charts...MtGox live does not work for me at work or in my room.
during this last dip... went to 98 for a second, but i got mine at 99 |
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Ares
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April 02, 2013, 05:39:32 AM |
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When was this? I did not see it go below $102 on MtGox.
btw, I lost the site for the live charts...MtGox live does not work for me at work or in my room.
~30 minutes ago |
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Elwar
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Activity: 3598
Merit: 2384
Viva Ut Vivas
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April 02, 2013, 05:40:24 AM |
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When was this? I did not see it go below $102 on MtGox.
btw, I lost the site for the live charts...MtGox live does not work for me at work or in my room.
during this last dip... went to 98 for a second, but i got mine at 99 Darn, had a buy at $98.5 all set to go. |
First seastead company actually selling sea homes: Ocean Builders https://ocean.builders Of course we accept bitcoin. |
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Elwar
Legendary
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Activity: 3598
Merit: 2384
Viva Ut Vivas
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April 02, 2013, 05:55:59 AM |
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9760 waiting list at mtgox to be verified....
 But how can I verify this bold claim? make mtgox account, try to verify the account with bogus info. I think MtGox adds a 0 at the end of their waiting list. Have you ever seen a queue number without a 0 at the end? |
First seastead company actually selling sea homes: Ocean Builders https://ocean.builders Of course we accept bitcoin. |
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oakpacific
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April 02, 2013, 05:58:08 AM |
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9760 waiting list at mtgox to be verified....
But how can I verify this bold claim? make mtgox account, try to verify the account with bogus info. I think MtGox adds a 0 at the end of their waiting list. Have you ever seen a queue number without a 0 at the end? Or they just round up the last digit or two, as they can't update it in real-time it makes no sense to give an accurate number. |
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Faraday
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April 02, 2013, 06:01:52 AM |
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Someone just sold 6000 coins and could not even be bothered to drip-feed them out at 100 a time. So got about $2.50 less each, wasting $15k. Crazy.
Maybe someone selling $600,000 worth of BTC doesn't care enough for $15k to risk drip-feeding them. How long would it take? What are the chances someone else sells and drops the price? What if people catch on and start selling as well. Then of course there is the option that they WANT the price to crash. |
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notme
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Activity: 1904
Merit: 1002
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April 02, 2013, 06:05:22 AM |
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Someone just sold 6000 coins and could not even be bothered to drip-feed them out at 100 a time. So got about $2.50 less each, wasting $15k. Crazy.
Maybe someone selling $600,000 worth of BTC doesn't care enough for $15k to risk drip-feeding them. How long would it take? What are the chances someone else sells and drops the price? What if people catch on and start selling as well. Then of course there is the option that they WANT the price to crash. Or maybe they are drip feeding a few million. |
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oakpacific
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April 02, 2013, 06:13:51 AM |
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Someone just sold 6000 coins and could not even be bothered to drip-feed them out at 100 a time. So got about $2.50 less each, wasting $15k. Crazy.
Maybe someone selling $600,000 worth of BTC doesn't care enough for $15k to risk drip-feeding them. How long would it take? What are the chances someone else sells and drops the price? What if people catch on and start selling as well. Then of course there is the option that they WANT the price to crash. It has to depend on their capability to crash the market, we can't just assume someone with 300K BTC holding will magically appear and crash the market, there are only less than 10M BTC in circulation, and we have seen quite a few 100K size dumps which did not crash the market. I doubt there maybe only a few out there holding more than 100K, and hardly anyone holding more than 200K. If you think about it, that's the ingenuity of this system: sans any systematic failure, or new competing monetary system with groundbreaking advantages, any large-scale selling just reduces the probability of a future market crash, as the bitcoins will distribute into more hands more evenly, and this system, unlike a corporation stock, potentially has no single point of failure. |
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rpietila
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April 02, 2013, 06:19:50 AM |
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It has to depend on their capability to crash the market, we can't just assume someone with 300K BTC holding will magically appear and crash the market, there are only less than 10M BTC in circulation, and we have seen quite a few 100K size dumps which did not crash the market. I doubt there maybe only a few out there holding more than 100K, and hardly anyone holding more than 200K.
If you think about it, that's the ingenuity of this system: sans any systematic failure, or new competitor with groundbreaking advantages, any large-scale selling just reduces the probability of a future market crash, as the bitcoins will distribute into more hands more evenly, and this system, unlike a corporation stock, potentially has no single point of failure.
+1 (As usual). It is so nice to wake up seeing wisdom being talked in the forum... What do you think, price tested $100 twice, anyone believes it will crash...?  ...if you do, I can write puts for $100 for a hefty premium and escrow and all that stuff yeah, but lol, you can secure your gains without needing to sell if you don't want to. Any takers?? |
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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Luno
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April 02, 2013, 06:35:44 AM |
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Buy side not on the increase, The buying on Mondays does not come from the order book growing fatter by the day. I think it's mainly precautionary buying from the web exchangers getting some coins to sell later in the week.
The tickle in of verified US accounts does not make any bulges on the buy side, but any newb waiting days to get verified having watched the price go up by the day just buy when he gets the chance. From Europe The first real bank day after the 25'th is today, so it might be two more days before we see any Cyprus "effect".
Euro recovering after the dip on the 25'th, that can explain the 6K rash sell off this morning. Movements on Gox are increasingly inversely linked to movements of the Euro and thats another sign that European attention on Bitcoin is increasing.
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lebing
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Activity: 1288
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Enabling the maximal migration
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April 02, 2013, 06:47:06 AM |
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Euro recovering after the dip on the 25'th, that can explain the 6K rash sell off this morning. Movements on Gox are increasingly inversely linked to movements of the Euro and thats another sign that European attention on Bitcoin is increasing.
That would be interesting, but personally I think its the same old bear that dumps everytime we get back near the ATH again (when the new funds to mtgox havent arrived yet). |
Bro, do you even blockchain?
-E Voorhees
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mp420
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April 02, 2013, 07:23:19 AM |
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I seriously hope the MtGox verification delays will constrain this rally enough to keep the supply flowing. I'd hate to see a spike to $250 and then a crash down to a very low value.
Although. Hmm. Maybe I should actually hedge against this scenario by setting up a couple of clever orders.
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wonkytonky
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April 02, 2013, 08:23:20 AM |
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still waiting on sepa transfers .. i'm probably not the only one  |
Whatever. And no you haven’t been in bitcoin since 2010. Plus if you really feel the way you do. Then sell. Have conviction. If not keep pounding sand.
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Jaques
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Activity: 112
Merit: 10
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April 02, 2013, 08:29:41 AM |
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am i wrong or btc never made it over 100$ @ btc-e ..?  https://btc-e.com/edit: "Last Price: 97.033 USD, Low: 89.177 USD, High: 99.997 USD" |
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lucif
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Activity: 462
Merit: 250
Clown prophet
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April 02, 2013, 09:02:37 AM |
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am i wrong or btc never made it over 100$ @ btc-e ..? https://btc-e.com/edit: "Last Price: 97.033 USD, Low: 89.177 USD, High: 99.997 USD" Looks like they have problems with USD liquidity. Its pain to deposit there for non-xUSSR countries. |
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Jaques
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Activity: 112
Merit: 10
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April 02, 2013, 09:13:07 AM |
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am i wrong or btc never made it over 100$ @ btc-e ..? https://btc-e.com/edit: "Last Price: 97.033 USD, Low: 89.177 USD, High: 99.997 USD" Looks like they have problems with USD liquidity. Its pain to deposit there for non-xUSSR countries. true, and their volumes are also ridiculously low, in all currencies ... |
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myself
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chaos is fun...…damental :)
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April 02, 2013, 09:17:28 AM |
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true, and their volumes are also ridiculously low, in all currencies ...
 what ? by volume are the second atm |
Los desesperados publican que lo inventó el rey que rabió, porque todo son en el rabias y mas rabias, disgustos y mas disgustos, pezares y mas pezares; si el que compra algunas partidas vé que baxan, rabia de haver comprado; si suben, rabia de que no compró mas; si compra, suben, vende, gana y buelan aun á mas alto precio del que ha vendido; rabia de que vendió por menor precio: si no compra ni vende y ván subiendo, rabia de que haviendo tenido impulsos de comprar, no llegó á lograr los impulsos; si van baxando, rabia de que, haviendo tenido amagos de vender, no se resolvió á gozar los amagos; si le dan algun consejo y acierta, rabia de que no se lo dieron antes; si yerra, rabia de que se lo dieron; con que todo son inquietudes, todo arrepentimientos, tododelirios, luchando siempre lo insufrible con lo feliz, lo indomito con lo tranquilo y lo rabioso con lo deleytable.
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Jaques
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Activity: 112
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April 02, 2013, 09:30:25 AM |
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true, and their volumes are also ridiculously low, in all currencies ...
what ? by volume are the second atm third in $ volume in your screen-shot it looks to me ... I am surprised, didn't expect that after seeing their order-book especially in euros, whom to sell to/buy from? edit: just saw their "reserves": "Reserves: BitInstant: 443 USD AurumXchange: 7069 USD" hm, I would rather not publish that numbers ... |
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