Topic: Price Drop 6/2/13!?! - page 2. (Read 1841 times)
Dammit that bastard couldn't have sold those yesterday? I just bought 2 for 130 haha.
Now down to $115, I can see CoinBase stopping sales claiming they are "high risk transactions". Price down another $-8 since I made this post! (-$15 for the day).
What I am saying is that if the ball gets rolling there will be no stopping its decline!!
What I am saying is that if the ball gets rolling there will be no stopping its decline!!
Every time I see the price fluctuate I look at the YTD or all time charts to get some perspective.
Remember you don't take a loss unless you sell low. If you bought at 130 just relax.
I bought reddit gold and some actual gold from amagi with btc over the weekend. I immediately bought more btc to cover the cost.
The price didn't affect the transactions at all. It is trending up overall.
Remember you don't take a loss unless you sell low. If you bought at 130 just relax.
I bought reddit gold and some actual gold from amagi with btc over the weekend. I immediately bought more btc to cover the cost.
The price didn't affect the transactions at all. It is trending up overall.
if someone just sold 20k he might be speculating or buying house 
aaaand it's going down again, sadly I bought in at 124 
Someone selling 20k+ coins at once, we don't know why.
Maybe he couldn't buy the villa with Bitcoins yet.
Maybe he couldn't buy the villa with Bitcoins yet.
How do you know that a 20,000 coin sell would caused the price drop of $8?
Seems like there are still several smaller sell-offs going right now, if you watch them at http://bitcoinity.org/markets/mtgox/USD you can tell that those are most likely single-selloffs.
if it falls more im buying...
Someone selling 20k+ coins at once, we don't know why.
Maybe he couldn't buy the villa with Bitcoins yet.
Maybe he couldn't buy the villa with Bitcoins yet.
How do you know that a 20,000 coin sell would caused the price drop of $8?
Down another $2, let the panic selling begin! Shit!
Panic sell.. Or as we call it in the bitcoin community "just another Monday"
We got our action back
I would prefer it to be going in the other direction though ^^
Down another $2, let the panic selling begin! Shit!
Panic sell.. Or as we call it in the bitcoin community "just another Monday"
BTC fluctuates man, it is a good buying point now.
Should be interesting to watch. Perhaps a good time to buy now, if the large block has cleared already?
This could mean nothing , but ASICMINER hash rate drop significantly today http://www.asicminercharts.com/ are they plugging off their ASICs and shipping them massively
http://www.asicminercharts.com/
we should watch this chart
http://www.asicminercharts.com/
we should watch this chart
That is a lot of Bitcoin... wow, how would you feel pressing 'send' on that transaction.
Down another $2, let the panic selling begin! Shit!
more ASICs will soon be available to brother public , Butterfly labs who are "testing" their devices are gathering huge amount of coins ,devices from AsicMiner are already shipping USB and 5GH ones , by the time most of us get hold of ASICs price will drop, big guys will eventually need to sell accumulated coins during "test" phase to fund new chips and this just started to happen IMHO, but I wish they are smart enough to sell at smaller batches of BTC not like this but surely price will drop !
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Hours? It has crashed in minutes in the past.
I just realized...BitCoin has no "stop limits" to prevent panic selling.... The price could seriously crash HARD to NOTHING in a matter of days...maybe even hours... Unlikely, but not like it hasn't happened before!
Hours? It has crashed in minutes in the past.
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but afterwards panicked speculators drove the price down to $120
I just realized...BitCoin has no "stop limits" to prevent panic selling.... The price could seriously crash HARD to NOTHING in a matter of days...maybe even hours... Unlikely, but not like it hasn't happened before!
There was a $1 million dollar wall on MtGox and somebody sold into it. It drove the volume's crazy but initially had no effect in price, but afterwards panicked speculators drove the price down to $120, its now fluctuating between $120 and $130
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