Piper67
Legendary
Offline
Activity: 1106
Merit: 1001
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March 27, 2013, 03:55:37 PM |
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Let's put ourselves in the shoes of a newbie. So excited to get some bitcoins! I'll move 4000 to Mt Gox to buy 100 coins!!! Then the big wait... finally the money is there and I can buy WHAT ONLY 45 coins?!??
Sh*t... but look, there was recently flash crash and recovery down to the mid 50s. I guess I'll try to catch that this weekend.
tl;dr; its gonna take time for the new money to screw its head around the new prices...
I think this singlehandedly explains the gaping maw that is the bid-ask gap. Actually, I tend to think the bid-ask gap is mostly a function of the speed at which large purchases or dumps happen. When a whale goes all out and buys 2000 BTC in one go, the market right under the last price is too thin, and the gap happens while the market readjusts itself.
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mccorvic
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March 27, 2013, 04:00:10 PM |
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Remember last night when I said it was your last chance to buy below 80?
Well, now might be your last chance below 90.
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zoinky
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March 27, 2013, 04:00:41 PM |
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Bitcoinity, I was hoping to see this: image image
Thanks for the lulz.
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Cablez
Legendary
Offline
Activity: 1400
Merit: 1000
I owe my soul to the Bitcoin code...
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March 27, 2013, 04:02:14 PM |
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Knock knock knocking on Heaven's door................
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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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ManBearPig
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March 27, 2013, 04:28:35 PM |
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I love the first comment: "Only the greedy are buying now" Seeing the Germans come to terms with the New World Order will be amusing.
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ineededausername
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March 27, 2013, 04:32:32 PM |
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Looks like $90 will happen today.
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(BFL)^2 < 0
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mccorvic
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March 27, 2013, 04:34:47 PM |
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Bids and ask remain the same. We can expect prices to continue to rise the same.
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robocoin
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March 27, 2013, 04:37:57 PM |
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Gosh, I want single digits now!!!!!!! CRASH! Everybody sell!!!! Somebody please, start a new FUD thread!
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WikileaksDude
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March 27, 2013, 04:48:22 PM |
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im out of popcorn and whisky...
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mccorvic
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March 27, 2013, 05:01:21 PM |
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Looks like we found another bear afraid of making too much money! Thank you for releasing the coins from your girl-like hands unto those with more manly ones.
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Beta-coiner1
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March 27, 2013, 05:13:40 PM |
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Gosh, I want single digits now!!!!!!! CRASH! Everybody sell!!!! Somebody please, start a new FUD thread!
Ah,I remember those days and the desperation on here when it was in the single digits....the irony.BTC has matured !
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samson
Legendary
Offline
Activity: 2097
Merit: 1070
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March 27, 2013, 05:13:56 PM |
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bitfloor just under 92?
This is what happens without the dumpers holding it back.
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Rothgar
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March 27, 2013, 05:14:35 PM |
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I love the first comment: "Only the greedy are buying now" Seeing the Germans come to terms with the New World Order will be amusing. I like this new world order. This bitcoin order will surpass the others.
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Herodes
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March 27, 2013, 05:15:57 PM |
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bitfloor just under 92?
This is what happens without the dumpers holding it back. Silly bears:) Wonder what will happen first. 1000 pages on this thread, or 100 price.
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BitcoinTate
Full Member
Offline
Activity: 224
Merit: 100
DigiByte Founder
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March 27, 2013, 05:20:00 PM |
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bitfloor just under 92?
This is what happens without the dumpers holding it back. Silly bears:) Wonder what will happen first. 1000 pages on this thread, or 100 price. My bet is $100 (edit: I can delete a few pages if I need to) I say $100 without a doubt!
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- aka The "DigiMan"
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420
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March 27, 2013, 06:31:38 PM |
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bitfloor just under 92?
This is what happens without the dumpers holding it back. Silly bears:) Wonder what will happen first. 1000 pages on this thread, or 100 price. $100 price
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Donations: 1JVhKjUKSjBd7fPXQJsBs5P3Yphk38AqPr - TIPS the hacks, the hacks, secure your bits!
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mccorvic
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March 27, 2013, 07:04:07 PM |
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$9.5M vs 45k BTC
The depth has stayed remarkably steady today. None the less, the numbers favor the bulls and the bears are fighting a losing battle.
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molecular
Donator
Legendary
Offline
Activity: 2772
Merit: 1019
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March 27, 2013, 07:04:42 PM |
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$9.5M vs 45k BTC
no post for over one hour. Is this alarming? Sell!
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PGP key molecular F9B70769 fingerprint 9CDD C0D3 20F8 279F 6BE0 3F39 FC49 2362 F9B7 0769
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