thezerg
Legendary
Offline
Activity: 1246
Merit: 1010
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March 21, 2013, 03:58:49 PM |
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hahahaha this guy comparing it to farmville credits. FUCK man we have a long way to go before this is truly mainstream. "...no power to tax. Right, that in theory is the point of a currency, right?" A glimpse into the financial industry's mindset that created the Cyprus situation. Its not "over there", its everywhere. Note I don't disagree with reasonable taxation to support public services. But the POINT of a currency is not taxation... Edit: Holy Sh*t I glance away for 3 minutes to write this and the wall is destroyed!! 2013-03-21 11:52:27 to 2013-03-21 12:02:27: Avg price: 69.182 (68.600 to 70.000) Total volume: 8537.14760, Cumulative cost: 588560.00000 Buy volume: 8438.59687 (581775.47 USD), Sell volume: 98.55073 (6785.50 USD) Ratio: 85.62694 ( 85.74)
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Zomdifros
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March 21, 2013, 03:59:27 PM |
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I'm using Bitcoinium, it's the best Bitcoin app for Android I know!
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jwzguy
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March 21, 2013, 03:59:45 PM |
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HOLY F! Wall was BOUGHT, not pulled!
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ehoffman
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March 21, 2013, 04:00:30 PM |
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Bought, and Gox lag 2 minutes!
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DougTanner
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March 21, 2013, 04:01:16 PM |
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HOLY F! Wall was BOUGHT, not pulled!
This is insane. People are still buying gigantic quantities at these prices.
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Cablez
Legendary
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Activity: 1400
Merit: 1000
I owe my soul to the Bitcoin code...
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March 21, 2013, 04:01:21 PM |
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Just WOW. what a play.
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Tired of substandard power distribution in your ASIC setup??? Chris' Custom Cablez will get you sorted out right! No job too hard so PM me for a quote Check my products or ask a question here: https://bitcointalk.org/index.php?topic=74397.0
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Uglux
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March 21, 2013, 04:02:37 PM |
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reLoaded™
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veken0m
Newbie
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Activity: 22
Merit: 0
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March 21, 2013, 04:03:09 PM |
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so you are saying that the api functions even when their site is down? 0.o When MtGoxLive is unreachable for me, yes. I don't think this would be true if mtgox.com was down though
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mccorvic
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March 21, 2013, 04:03:16 PM |
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Again, the bears thought a wall would scare us and have been caught off guard again.
Prepare yourselves for retaliatory dumps and some high swings in prices before settling in the low 70s
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Dargo
Legendary
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Activity: 1820
Merit: 1000
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March 21, 2013, 04:07:08 PM |
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The lack of understanding there was astounding. BTC uses an algorithm, HFT uses an algorithm, which is bad. Therefore BTC bad. Yikes. I also like how they point out it isn't "backed" by a government or bank as if that makes it sketchy somehow. Still the press is a good thing. Press might be a good thing but you can already see how FUD is spread against Bitcoin. The message is Bloomberg can't really figure out how it works so keep your money out of it, isn't it? Yep, the whole point of the financial press is to spread FUD - worst thing you can possibly do in trading and investing is get an opinion from the press. But these fools will be using Bitcoin themselves eventually.
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ehoffman
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March 21, 2013, 04:07:34 PM |
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Ahhh, I love those buy/sell curves at the bottom of bitcoinity!
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Like my comments? Cheer me up at 137s1qFV63M6SXWhKkwjaZKEeZX23pq1hw Don't like my comments, donate to the BCRT (better comment research team) here at 1A1PbZypjEe7yanj69ApVS1FhK8UMW7Wdc
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rpietila
Donator
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Activity: 1722
Merit: 1036
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March 21, 2013, 04:08:02 PM |
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What the bears don't get is that a lot of people are going cold-bloodedly all in, and the price rise is just a function of how quickly the exchanges can process incoming KYC checks and funds.
You know, $5 million per day IS nothing.
We will see a crash to $120 soon, maybe in early May.
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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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lebing
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Activity: 1288
Merit: 1000
Enabling the maximal migration
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March 21, 2013, 04:09:41 PM |
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Whats crazy is that there is already a bid wall at 70. Last time we broke a big number (60 i believe) the same thing happened... Really strange.
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Bro, do you even blockchain? -E Voorhees
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ehoffman
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March 21, 2013, 04:10:37 PM |
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Whats crazy is that there is already a bid wall at 70. Last time we broke a big number (60 i believe) the same thing happened... Really strange.
I notices the same thing... Probably bears crying...
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chrsjrcj
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March 21, 2013, 04:10:46 PM |
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hahahaha this guy comparing it to farmville credits. FUCK man we have a long way to go before this is truly mainstream. Go look at the latest Zero Hedge article. Those people are truly imbeciles. Holy shit. I lost all respect for Tyler now, acting like silver being up $0.40 is an epic rally.
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laughingbear
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March 21, 2013, 04:11:06 PM |
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Whats crazy is that there is already a bid wall at 70. Last time we broke a big number (60 i believe) the same thing happened... Really strange.
bots buy up a shrinking sell wall, and put it back up, just at the point of profit taking. imo
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Cablez
Legendary
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Activity: 1400
Merit: 1000
I owe my soul to the Bitcoin code...
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March 21, 2013, 04:11:13 PM |
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God, Mt Gox is such a POS. Clark Moody doesn't even make sense anymore!
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Tired of substandard power distribution in your ASIC setup??? Chris' Custom Cablez will get you sorted out right! No job too hard so PM me for a quote Check my products or ask a question here: https://bitcointalk.org/index.php?topic=74397.0
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TomRado
Newbie
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Activity: 28
Merit: 0
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March 21, 2013, 04:11:49 PM |
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Whats crazy is that there is already a bid wall at 70. Last time we broke a big number (60 i believe) the same thing happened... Really strange.
I think its a mixed strategy, market order + bid wall at the same time. This way you get the hidden sellers that are triggered by the price raise while with only a market order the order would be executed to the end before the bots can respond. It's cheapter to buy like this. The full order in one thing could have driven the price way higher, leading to higher slippage. my 2ct
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mccorvic
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March 21, 2013, 04:13:02 PM |
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We will see a crash to $120 soon, maybe in early May.
I don't know if this was a typo, but I'll glady take a crash up to $120 in two months.
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jwzguy
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March 21, 2013, 04:13:38 PM |
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