Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 29853.

TERA

hero member

Activity: 728

Merit: 500

Quote from: empowering on February 10, 2014, 08:32:07 AM

Quote from: TERA on February 10, 2014, 07:53:09 AM

I am again thinking of leaving the markets alltogether. I have never felt so much fear. Even though I was 80% fiat I was sure the exchanges we're just going to run with the fiat. I do not want to be around when a serious protocol failure actually happens and everything comes tumbling down for real.

wow... really?

It is a passing thought. I may end up just withdrawing a substantial amount of fiat to ease my concerns but keep enough here to still be involved. Protocol issues are serious business. You all act so confident. You are confident because all of the issues have worked out in the past (4 years), and you can be confident because the issue worked out today. You can even all be condescending to me after, of course, you have already won. However, the fact still remains that you cannot predict the future.

SlaveInDebt

hero member

Activity: 699

Merit: 500

Your Minion

Been out of the loop for a few months. What did I miss?

magicmexican

hero member

Activity: 812

Merit: 1000

Quote from: stompix on February 10, 2014, 08:39:17 AM

Quote from: wobber on February 10, 2014, 08:22:40 AM

Quote from: Amechan on February 10, 2014, 08:20:10 AM

You were promised $500 coins and they have been delivered. Now Choo chooo!

No choo-choo this year.

This year? A year is like a geological era for cryptos.
There will be at least 10 choo-choos and a few bear dumps this year.

agreed, its been 2 months and 10 days of 2014 and we already had tons of action

trollbox : samuelhei: BTC is overvalued! Sell now, and buy back $102

Notanon

sr. member

Activity: 388

Merit: 250

Going to be pointing my miners at PPC once I've managed to get enough to cash out my Slush's Pool account. Looks to be a far more profitable approach at this point.

MANofthePEOPLE

full member

Activity: 182

Merit: 100

btc-e down.. Please no dump until it comes back

wizby

member

Activity: 66

Merit: 10

Quote from: TERA on February 10, 2014, 07:53:09 AM

I am again thinking of leaving the markets alltogether. I have never felt so much fear. Even though I was 80% fiat I was sure the exchanges we're just going to run with the fiat. I do not want to be around when a serious protocol failure actually happens and everything comes tumbling down for real.

oh good, let the capitulation phase begin... in benefit of all community.

stompix

legendary

Activity: 2912

Merit: 6403

Blackjack.fun

Quote from: wobber on February 10, 2014, 08:22:40 AM

Quote from: Amechan on February 10, 2014, 08:20:10 AM

You were promised $500 coins and they have been delivered. Now Choo chooo!

No choo-choo this year.

This year? A year is like a geological era for cryptos.
There will be at least 10 choo-choos and a few bear dumps this year.

stompix

legendary

Activity: 2912

Merit: 6403

Blackjack.fun

Quote from: ?? on ??

Mt.Gox and BTC-e thank you for quadruppling my BTC holdings. Grin

If you're saying BTC-e , how many of your orders and at what value were filled ?

stompix

legendary

Activity: 2912

Merit: 6403

Blackjack.fun

Quote from: Joenaes on February 10, 2014, 08:23:17 AM

Damn what a day, increased my btc stash with over 15%. Dont have to work for a year now Tongue

.

To the moon!

If btc might drop to 2$ your stash will be close to worthless , so you might be going to work soon enough.

magicmexican

hero member

Activity: 812

Merit: 1000

Quote from: seleme on February 10, 2014, 08:28:46 AM

Quote from: Rannasha on February 10, 2014, 08:23:52 AM

Quote from: seleme on February 10, 2014, 08:17:02 AM

WTF, it went down to 10$ on Bitfinex. Wow, some margin longs went wrong.

Bitfinex lost their link with Bitstamp due to insufficient funds in the BFX account on Stamp. So all liquidations were executed on the much shallower Bitfinex orderbook which caused other long positions to be liquidated as things started to snowball.

It's not only Bitfinex. someone dumped to 102$ on BTC-e too. WTF.

If it wasnt a missclick/bot mistake/etc then someone was either in full retard panic mode (f.e super early adopter who freaked out and decided to leave the scene), or was just forced to sell.

I dont see any other explanation, someone suggesting it was "inside info trade" "he knows something" is completely retarded. Someone "trying to cause the panic" is also very unlikely.

empowering

legendary

Activity: 1078

Merit: 1441

Quote from: TERA on February 10, 2014, 07:53:09 AM

I am again thinking of leaving the markets alltogether. I have never felt so much fear. Even though I was 80% fiat I was sure the exchanges we're just going to run with the fiat. I do not want to be around when a serious protocol failure actually happens and everything comes tumbling down for real.

wow... really?

Richard Branson

hero member

Activity: 515

Merit: 506

Screw It, Let's Do It

Quote from: seleme on February 10, 2014, 08:28:46 AM

It's not only Bitfinex. someone dumped to 102$ on BTC-e too. WTF.

It's stupid to sell in a big junk. He could easily get 4 times more money.
He was probably someone with 0.01 $ bitcoins. If you have a big junk and expect the price to drop to below 100$, why no execute a market order? He still made a gigantic profit out of thin air.

Quote from: electronistul on February 10, 2014, 08:30:45 AM

Time to panic buy! Grin

No, we are on the right side of a dead cat bounce. It will get lower than last drop (expect btc-e and bitfenix).

electronistul

full member

Activity: 160

Merit: 100

Time to panic buy! Grin

seleme

legendary

Activity: 2772

Merit: 1028

Duelbits.com

Quote from: Rannasha on February 10, 2014, 08:23:52 AM

Quote from: seleme on February 10, 2014, 08:17:02 AM

WTF, it went down to 10$ on Bitfinex. Wow, some margin longs went wrong.

Bitfinex lost their link with Bitstamp due to insufficient funds in the BFX account on Stamp. So all liquidations were executed on the much shallower Bitfinex orderbook which caused other long positions to be liquidated as things started to snowball.

It's not only Bitfinex. someone dumped to 102$ on BTC-e too. WTF.

magicmexican

hero member

Activity: 812

Merit: 1000

In the meantime this move bought Gox some time, i have a feeling people now are more concerned about the btc price/protocol/etc and kinda forgot that there is no new ETA on getting btc out of Gox

MANofthePEOPLE

full member

Activity: 182

Merit: 100

650 dump again?

thehun

legendary

Activity: 1212

Merit: 1037

Quote from: razibuzouzou on February 10, 2014, 07:28:49 AM

Quote from: oda.krell on February 10, 2014, 07:07:34 AM

Gox is willing to damage the reputation of the *entire* Bitcoin ecosystem, so *they* don't have to take the blame for implementing their wallet software properly.

+1
I am considering removing Gox from Coinorama...

I would definitely vouch for that

Rannasha

hero member

Activity: 728

Merit: 500

Quote from: seleme on February 10, 2014, 08:17:02 AM

WTF, it went down to 10$ on Bitfinex. Wow, some margin longs went wrong.

Bitfinex lost their link with Bitstamp due to insufficient funds in the BFX account on Stamp. So all liquidations were executed on the much shallower Bitfinex orderbook which caused other long positions to be liquidated as things started to snowball.

Joenaes

newbie

Activity: 20

Merit: 0

Damn what a day, increased my btc stash with over 15%. Dont have to work for a year now Tongue

.

To the moon!

wobber

legendary

Activity: 1064

Merit: 1001

Quote from: Amechan on February 10, 2014, 08:20:10 AM

You were promised $500 coins and they have been delivered. Now Choo chooo!

No choo-choo this year.

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 29853. (Read 26710372 times)