Here we go. Its crash-a-thon time.
Nope ,,, we will go to $800. Thats not a crash but a healthy correction.
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 31154. (Read 26608448 times)
December 10, 2013, 09:47:39 PM
Nope ,,, we will go to $800. Thats not a crash but a healthy correction.
December 10, 2013, 09:46:00 PM
Here we go. Its crash-a-thon time.
December 10, 2013, 09:45:29 PM
I think the correction to $800 is healthy. Good chance to sell now.
December 10, 2013, 09:44:01 PM
PANDA AMBUSH IN PROGRESS!
December 10, 2013, 09:39:29 PM
bad news in china or why their chart is going down again? 
random walk with an upward drift
thats just how markets move
don't panic.
awesome then
December 10, 2013, 09:37:28 PM
bad news in china or why their chart is going down again?
random walk with an upward drift
thats just how markets move
don't panic.
December 10, 2013, 09:36:00 PM
bad news in china or why their chart is going down again?
December 10, 2013, 09:32:13 PM
From the charts I understand that some 200,000 BTC were traded on Mt Gox while the price was above 1000 USD. Presumably some coins were traded several times, but even so there must be atleast 20,000 bitcoins, possibly over 100,000, that were bought by their current owners at over 1000 USD.
I suppose that those people will be unwilling to sell for less than they paid for, unless they are convinced that prices are abot to crash for good. They must be the ones setting the price now. Relatively experienceed buyers who have open bids in Mt.Gox seem unwilling to raise their bids to meet the sellers; the market is a standoff as it was for several hourse before the last rally. But now and then some outsider comes in determined to buy some small amount of BTC, so it bids at the lowest price that will buy him that amount. It is these small transactions that define the current price.
I suppose that those people will be unwilling to sell for less than they paid for, unless they are convinced that prices are abot to crash for good. They must be the ones setting the price now. Relatively experienceed buyers who have open bids in Mt.Gox seem unwilling to raise their bids to meet the sellers; the market is a standoff as it was for several hourse before the last rally. But now and then some outsider comes in determined to buy some small amount of BTC, so it bids at the lowest price that will buy him that amount. It is these small transactions that define the current price.
December 10, 2013, 09:26:58 PM
December 10, 2013, 09:06:48 PM
oh shit watch out i think the rise might start to accelerate
December 10, 2013, 09:02:02 PM
December 10, 2013, 08:52:54 PM
December 10, 2013, 08:42:44 PM
Yup. After the China debacle everyone should have learned by now that headlines bear little relation to the story.
Here's a non-paywall version:
http://www.bbc.co.uk/news/business-25326289
Basically JP Morgan would like to do its own payment system "similar" to Bitcoin. Good luck with that.
Here's a non-paywall version:
http://www.bbc.co.uk/news/business-25326289
Basically JP Morgan would like to do its own payment system "similar" to Bitcoin. Good luck with that.
December 10, 2013, 08:33:52 PM
JP Morgan is a believer.
http://www.ft.com/intl/cms/s/0/e230307a-61c4-11e3-aa02-00144feabdc0.html#axzz2n7oomiiO
http://www.ft.com/intl/cms/s/0/e230307a-61c4-11e3-aa02-00144feabdc0.html#axzz2n7oomiiO
This has little to do with bitcoin, just an old paypal style payment system from 10 years ago, I don't know why people are even comparing this to bitcoin, and I don't know why journalists like to throw scare tactic headlines that are meaningless....
see here for a debunking article:
http://www.businessinsider.com/debunking-jp-morgan-bitcoin-2013-12
December 10, 2013, 08:31:00 PM
i believe that bitcoin is like a drug -- hallucinogen, depressant and stimullant
Don't forget laughing gas.
December 10, 2013, 08:30:06 PM
Has BTCChina been down? Didn't notice my ticker has been frozen for like an hour....
Tickin away on my screen
The NSA has frozen your account
December 10, 2013, 08:24:40 PM
JP Morgan is a believer.
http://www.ft.com/intl/cms/s/0/e230307a-61c4-11e3-aa02-00144feabdc0.html#axzz2n7oomiiO
http://www.ft.com/intl/cms/s/0/e230307a-61c4-11e3-aa02-00144feabdc0.html#axzz2n7oomiiO
December 10, 2013, 08:24:11 PM
Has BTCChina been down? Didn't notice my ticker has been frozen for like an hour....
Tickin away on my screen
December 10, 2013, 08:22:48 PM
Has BTCChina been down? Didn't notice my ticker has been frozen for like an hour....
Tickin away on my screen
December 10, 2013, 08:20:03 PM
Has BTCChina been down? Didn't notice my ticker has been frozen for like an hour....
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