Markets not reacting to loss of 100s of Millions of $ is disturbing - page 4.

cosmofly

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Quote from: F-bernanke on March 01, 2014, 04:23:08 AM

Quote from: cosmofly on March 01, 2014, 04:20:13 AM

Quote from: Puppet on March 01, 2014, 04:14:19 AM

Price is going down because speculators expect a panic or try to create/accelerate one, but if you think about it, Bitcoin investors now own ~500K less bitcoins then they thought they did. If anything that should eventually drive prices up.

Wake up! Hundreds of millions of dollars were just wiped out of the bitcoin economy. This is no joke

Wake up ppl! See the real picture be smart

Please think, your not getting the big picture, read this topic:

https://bitcointalksearch.org/topic/now-we-have-750000-less-bitcoins-in-circulation-493397

Holy crap the ignorance, who will pay back the hundreds of millions of dollars Huh

Ask this question please.

Who the fuck will compensate the markets ?

There is HUNDREDS OF MILLIONS of fiat dollars less liquidity in bitcoin markets now, who will compensate for that?

ONLY ONE WAY: for Market to collapse to $300 or less

Sindelar1938

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You gotta love the panic mongering sock puppetry doing the rounds

Gox is old hat, not irrelevant but not by any means critical

RicePicker

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RicePicker

I find it had to believe that this Mtgox incident can be considered priced in when the volume in the exchanges are less than 5% of the number of bitcoins that exist and the fact that most large holders of bitcoins are sure as hell not going to trust any exchange to sell any large quantity of coins when they can be fucked so easily like Mtgox did.

F-bernanke

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Quote from: cosmofly on March 01, 2014, 04:20:13 AM

Quote from: Puppet on March 01, 2014, 04:14:19 AM

Price is going down because speculators expect a panic or try to create/accelerate one, but if you think about it, Bitcoin investors now own ~500K less bitcoins then they thought they did. If anything that should eventually drive prices up.

Wake up! Hundreds of millions of dollars were just wiped out of the bitcoin economy. This is no joke

Wake up ppl! See the real picture be smart

Please think, your not getting the big picture, read this topic:

https://bitcointalksearch.org/topic/now-we-have-750000-less-bitcoins-in-circulation-493397

Puppet

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I didnt say it was a joke. But if it turns out there is no gold in fort knox, would the price of gold collapse?

cosmofly

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PrimeDAO - An Adoption Engine for Open Finance

Quote from: Puppet on March 01, 2014, 04:14:19 AM

Price is going down because speculators expect a panic or try to create/accelerate one, but if you think about it, Bitcoin investors now own ~500K less bitcoins then they thought they did. If anything that should eventually drive prices up.

Wake up! Hundreds of millions of dollars were just wiped out of the bitcoin economy. This is no joke

There is HUNDREDS OF MILLIONS of fiat dollars less liquidity in bitcoin markets now, who will compensate for that? ONLY ONE WAY for Market to collapse to $300 or less

Wake up ppl! See the real picture be smart

cosmofly

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Quote from: bitleif on March 01, 2014, 04:07:02 AM

It's called being "priced in". The markets HAVE reacted, that's why we're down in the 500s now.

That's not to say further bad news won't get us lower though.

Price going from $700 - $500 is far from being priced in. Im closely observing the market movements and I'm convinced of manipulation especially by Chinese players. The markets are already exauhsted and the fact the price remains in upper $500 is too good to be true. As I stated before there will be a lot of bankrupt Piglets buying in this range with the very last bit of fiat they got. The manipulators are selling off their expensive bitcoins to these piglets who will bleed soon once the market has no breath left.

I am confident that I will be proven right in the coming weeks, a v simple indicator is for u all to see just how exaushted the market is buying and selling at these lvls when hundreds of millions of dollars were just wiped out of the bitcoin economy

Puppet

legendary

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Price is going down because speculators expect a panic or try to create/accelerate one, but if you think about it, Bitcoin investors now own ~500K less bitcoins then they thought they did. If anything that should eventually drive prices up.

bitleif

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I'm always grumpy in the morning.

It's called being "priced in". The markets HAVE reacted, that's why we're down in the 500s now.

That's not to say further bad news won't get us lower though.

Buffer Overflow

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Quote from: cosmofly on March 01, 2014, 03:51:17 AM

Markets not reacting to gox bankruptcy and loss of hundreds of millions of dollars worth of customer money is not just disturbing but confirms my earlier statements about market manipulation.

Bitcoin is being stress tested. Markets are holding because Bitcoin strong. Of course the press will tell you quite a different story.

chrisLG

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Mt.Gox being bankrupt is not news. The markets have anticipated that for weeks now. This is why the price dropped from the 800s to where we are now in the last few weeks.

casinocoin

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CasinoCoin

It's only disturbing to the media and person(s) who decided to leave their bitcoins on the internet.
Personally I don't even trust a bank in the end, so why would you trust magic the gathering online exchange.

They *may* have lost 800k bitcoins but theres still 11m other ones out there

Ibian

legendary

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It is nothing - to anyone who didn't have funds on gox. They are and have been for months now a separate market. This just made it official.

Disclosure: I am secretly a whale with two million BTC and half a billion dollars and an agenda.

cosmofly

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Markets not reacting to gox bankruptcy and loss of hundreds of millions of dollars worth of customer money is not just disturbing but confirms my earlier statements about market manipulation.

People here shrug gox bankruptcy like its nothing, but it is very huge and a major dent in bitcoin public confidence. This event has also delayed any major wall street institution from getting involved until there is a major regulated and licensed US exchange running.

In a way I'm glad this is happening as it confirms my position, as I stated before we will see a major dip soon on or before March 16

Topic: Markets not reacting to loss of 100s of Millions of $ is disturbing - page 4. (Read 5633 times)