mccorvic
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December 14, 2012, 04:43:10 PM |
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The once 1k wall at 13.82 is diminishing quickly. Just 135BTC left. Nom nom nom.
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molecular
Donator
Legendary
Offline
Activity: 2772
Merit: 1019
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December 14, 2012, 05:09:02 PM |
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Can't believe they still have these bugs in their system. Anyway these spikes are usually followed by a massive upswing.
yeah, all the bots confused Maybe it's intentional... that'd be quite unethical. Its not a bug, its something to do with people buying in a different currency than usd and how gox converts it or something... there have been threads on that before but I can't find it on this stupid phone. well that's not a good solution then. If markets are combined in any way it should still be consistent in the sense that there aren't any out-of-band trades happening.
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PGP key molecular F9B70769 fingerprint 9CDD C0D3 20F8 279F 6BE0 3F39 FC49 2362 F9B7 0769
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NamelessOne
Legendary
Offline
Activity: 840
Merit: 1000
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December 14, 2012, 05:43:29 PM |
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The temper tantrum continues! "Fall fall fall! Why won't you fall! Waa waaa!"
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mccorvic
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December 14, 2012, 05:43:56 PM |
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Heh, another major dump! Only took us down to about $13.60 though.
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robocoin
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December 14, 2012, 05:56:20 PM |
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I exited with 80% at 13.787$. Am I too anxious? You better hope this weekend is good to you! I hope so, I entered with the dump yesterday and would like to do it again So don't panic!
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lucif
Sr. Member
Offline
Activity: 462
Merit: 250
Clown prophet
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December 14, 2012, 06:08:45 PM |
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pig time
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Yuhfhrh
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December 14, 2012, 06:11:09 PM |
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Someone must really hate their bitcoins.
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rebuilder
Legendary
Offline
Activity: 1615
Merit: 1000
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December 14, 2012, 06:19:12 PM |
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Someone must really hate their bitcoins.
What if it's a bot. Logic: 1. buy up bitcoins over time, with assumption the price is going up. 2. while buying coins, gauge exposure to risk vs. potential profits of selling. Set a sell threshold based on past price / magic (depends on the bot I guess), trying to optimize the profits from selling and preventing getting caught out by a dip in the price. As the profit collected increases, the downswing required to trigger a sell will probably become smaller and smaller. 3. trigger sell, cash in profits, set aside what you made, start re-investing your base.
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Selling out to advertisers shows you respect neither yourself nor the rest of us. --------------------------------------------------------------- Too many low-quality posts? Mods not keeping things clean enough? Self-moderated threads let you keep signature spammers and trolls out!
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NamelessOne
Legendary
Offline
Activity: 840
Merit: 1000
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December 14, 2012, 06:19:56 PM |
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The 13.80 wall is back and fully fortified for whenever the price gets back there. This is tiresome.
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annette786
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December 14, 2012, 06:26:56 PM |
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Is there any reason a mining pool owner might want the BTC price to go down?
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adamstgBit (OP)
Legendary
Offline
Activity: 1904
Merit: 1037
Trusted Bitcoiner
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December 14, 2012, 06:28:18 PM |
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The 13.80 wall is back and fully fortified for whenever the price gets back there. This is tiresome.
not sure why we aren't letting them win? no one wants cheep coins?
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Luno
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December 14, 2012, 06:30:56 PM |
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Is there any reason a mining pool owner might want the BTC to go down?
More miners with GPu's coming back on because of lower Diff?
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adamstgBit (OP)
Legendary
Offline
Activity: 1904
Merit: 1037
Trusted Bitcoiner
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December 14, 2012, 06:32:26 PM |
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rebuilder
Legendary
Offline
Activity: 1615
Merit: 1000
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December 14, 2012, 06:32:47 PM |
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The 13.80 wall is back and fully fortified for whenever the price gets back there. This is tiresome.
not sure why we aren't letting them win? no one wants cheep coins? Who's "we"?
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Selling out to advertisers shows you respect neither yourself nor the rest of us. --------------------------------------------------------------- Too many low-quality posts? Mods not keeping things clean enough? Self-moderated threads let you keep signature spammers and trolls out!
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adamstgBit (OP)
Legendary
Offline
Activity: 1904
Merit: 1037
Trusted Bitcoiner
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December 14, 2012, 06:33:20 PM |
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The 13.80 wall is back and fully fortified for whenever the price gets back there. This is tiresome.
not sure why we aren't letting them win? no one wants cheep coins? Who's "we"? the bulls the bears appear to let the price rise, and then take big dumps, and repeat why don't the bulls let the price fall and then Buy big, and repeat
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lebing
Legendary
Offline
Activity: 1288
Merit: 1000
Enabling the maximal migration
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December 14, 2012, 06:33:43 PM |
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Someone must really hate their bitcoins.
What if it's a bot. Logic: 1. buy up bitcoins over time, with assumption the price is going up. 2. while buying coins, gauge exposure to risk vs. potential profits of selling. Set a sell threshold based on past price / magic (depends on the bot I guess), trying to optimize the profits from selling and preventing getting caught out by a dip in the price. As the profit collected increases, the downswing required to trigger a sell will probably become smaller and smaller. 3. trigger sell, cash in profits, set aside what you made, start re-investing your base. buy & hold is easier and probably more profitable
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Bro, do you even blockchain? -E Voorhees
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adamstgBit (OP)
Legendary
Offline
Activity: 1904
Merit: 1037
Trusted Bitcoiner
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December 14, 2012, 06:37:48 PM |
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Someone must really hate their bitcoins.
What if it's a bot. Logic: 1. buy up bitcoins over time, with assumption the price is going up. 2. while buying coins, gauge exposure to risk vs. potential profits of selling. Set a sell threshold based on past price / magic (depends on the bot I guess), trying to optimize the profits from selling and preventing getting caught out by a dip in the price. As the profit collected increases, the downswing required to trigger a sell will probably become smaller and smaller. 3. trigger sell, cash in profits, set aside what you made, start re-investing your base. buy & hold is easier and probably more profitable not for someone looking to play with 1 million dollars plus
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adamstgBit (OP)
Legendary
Offline
Activity: 1904
Merit: 1037
Trusted Bitcoiner
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December 14, 2012, 06:48:36 PM |
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this is the effect of block reward halving, hash rate crashing
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Yuhfhrh
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December 14, 2012, 06:48:46 PM |
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Its panic time.
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