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Yuhfhrh
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September 21, 2012, 04:42:51 PM |
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What is going on? People are buying like there is no tomorrow, as if the dumps never happened?
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Every time a block is mined, a certain amount of BTC (called the
subsidy) is created out of thin air and given to the miner. The
subsidy halves every four years and will reach 0 in about 130 years.
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Piper67
Legendary
 Offline
Activity: 1106
Merit: 1001
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September 21, 2012, 04:47:00 PM |
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What is going on? People are buying like there is no tomorrow, as if the dumps never happened?
People are buy BECAUSE the dumps happened. |
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Yuhfhrh
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September 21, 2012, 04:53:18 PM |
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What is going on? People are buying like there is no tomorrow, as if the dumps never happened?
People are buy BECAUSE the dumps happened. I know, but now we above the price of the next to last dump |
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Severian
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September 21, 2012, 04:56:12 PM |
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I know, but now we above the price of the next to last dump
But the fall still kept the price above 12, even barely. Stabilization happens.  |
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proudhon
Legendary
Offline
Activity: 2198
Merit: 1311
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September 21, 2012, 05:33:03 PM |
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I think this weekend is going to bring an epic sell-off.
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Bitcoin Fact: the price of bitcoin will not be greater than $70k for more than 25 consecutive days at any point in the rest of recorded human history.
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BoardGameCoin
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September 21, 2012, 05:43:37 PM |
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I think this weekend is going to bring an epic sell-off.
I sure hope so, want to buy me some coins! |
I'm selling great Minion Games like The Manhattan Project, Kingdom of Solomon and Venture Forth at 4% off retail starting June 2012. PM me or go to my thread in the Marketplace if you're interested. For Settlers/Dominion/Carcassone etc., I do email gift cards on Amazon for a 5% fee. PM if you're interested. |
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robocoin
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September 21, 2012, 05:49:32 PM |
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I think this weekend is going to bring an epic sell-off.
I sure hope so, want to buy me some coins! I am ready. |
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adamstgBit (OP)
Legendary
Offline
Activity: 1904
Merit: 1037
Trusted Bitcoiner
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September 21, 2012, 05:52:09 PM |
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LMAO! x=1 or x=-1 I think this weekend is going to bring an epic sell-off.
$_$ |
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adamstgBit (OP)
Legendary
Offline
Activity: 1904
Merit: 1037
Trusted Bitcoiner
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September 21, 2012, 06:51:33 PM |
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i was right  oh wait people are buying it up too soon  omg now there's a rally going on!  |
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adamstgBit (OP)
Legendary
Offline
Activity: 1904
Merit: 1037
Trusted Bitcoiner
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September 21, 2012, 09:37:11 PM |
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the bull trap is over stop buying
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robocoin
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September 21, 2012, 10:03:07 PM |
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the bull trap is over stop buying
Mhhh, I need to truncate half of my trapped bull leg^^But it will grow back and be even longer.    Can you tell the difference¿  |
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adamstgBit (OP)
Legendary
Offline
Activity: 1904
Merit: 1037
Trusted Bitcoiner
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September 21, 2012, 10:16:56 PM |
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 the MtGox live chart is in Euros as far as i can tell mtgox plays with the walls for markets other then USD, but they use the USD walls as a starting point.  this makes very little sense to me can anyone explain this? I'm pretty sure MTGoxEUR doesn't actually have more liquidity then their USD market....
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Spekulatius
Legendary
Offline
Activity: 1022
Merit: 1000
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September 21, 2012, 10:58:32 PM |
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Spekulatius
Legendary
Offline
Activity: 1022
Merit: 1000
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September 21, 2012, 11:03:40 PM |
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the MtGox live chart is in Euros as far as i can tell mtgox plays with the walls for markets other then USD, but they use the USD walls as a starting point. this makes very little sense to me can anyone explain this? I'm pretty sure MTGoxEUR doesn't actually have more liquidity then their USD market.... I saw that some days ago and thought it was a mistake by btccharts.com but now I also see it on bitcoincharts.com! It must be true. The volume on EURMtGox is only 10% of USDMtGox, but the liquidity seems identical, for ASKs and BIDS! I also dont get it. |
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robocoin
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September 22, 2012, 01:47:34 AM |
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the MtGox live chart is in Euros as far as i can tell mtgox plays with the walls for markets other then USD, but they use the USD walls as a starting point. this makes very little sense to me can anyone explain this? I'm pretty sure MTGoxEUR doesn't actually have more liquidity then their USD market.... I saw that some days ago and thought it was a mistake by btccharts.com but now I also see it on bitcoincharts.com! It must be true. The volume on EURMtGox is only 10% of USDMtGox, but the liquidity seems identical, for ASKs and BIDS! I also dont get it. Maybe we should open the "Wall Observer - MtGoxEUR wall movement tracker"  |
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dooglus
Legendary
Offline
Activity: 2940
Merit: 1330
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September 22, 2012, 02:53:27 AM |
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When MtGox first started dealing with multiple currencies it appeared as if all orders showed up in all currencies with the price adjusted giving Gox a half a percent cut. So I could place an order trying to sell BTC for $10 each, and it would show up on the Euro book as someone trying to sell BTC for 8 Euros each, or whatever the conversion would be.
I've not looked since, but I imagine it's much the same now.
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smoothie
Legendary
Offline
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
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September 22, 2012, 05:13:59 PM |
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I think this weekend is going to bring an epic sell-off.
I sure hope so, want to buy me some coins! I am ready. Translation: "I am praying the price comes down, not that I really know it will come down" QE to infinity!! |
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| . ★☆ WWW.LEALANA.COM My PGP fingerprint is A764D833. History of Monero development Visualization ★☆ .
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robocoin
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September 22, 2012, 05:22:17 PM |
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I think this weekend is going to bring an epic sell-off.
I sure hope so, want to buy me some coins! I am ready. Translation: "I am praying the price comes down, not that I really know it will come down" QE to infinity!! I am not praying. I am proudhoning. At least I already had a good time on the EUR market^^ |
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Yuhfhrh
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September 23, 2012, 07:51:54 AM |
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Bid walls are all gone. $11.95, how low will we go?
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Yuhfhrh
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September 23, 2012, 08:02:56 AM |
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