I have had my fun if it never goes up no more.
I have had my fun if it never goes up no more
All of bitcoin is failing;
Lord it's going down slow
It's going down slow.
I tried to write Mt. Gox and tell them the shape it's in.
I tried to write Mt. Gox and tell them the shape it's in.
Tell them to stop lagging
And I'd forgive them for bitcoins devaluation
For all of it's devaluation
Onto the next exchange looking to minimize my losses.
Onto the next exchange looking to minimize my losses.
'Cause all of bitcoin is failing
Lord, it's going down slow,
It's going down slow.
All of bitcoin is failing
Lord, it's going down slow,
It's going down slow.
Feel like it's going, like it's going down slow.
It feel like it's going, like it's going down slow.
It feel like it's going, like it's going down slow.
It feel like it's going, like it's going down slow.
It feel like it's going, like it's going down slow
Topic: Wall Observer - MtGoxUSD wall movement tracker - page 21. (Read 1811568 times)
ok, someone stop this now, I don't want it to drop more 
If only you would have said please.
screw that mate, just stop it
http://www.youtube.com/v/OBwS66EBUcY
Luckily for me I have a few thousand $ sitting spare. I'll be spending it all today I was a bit mad with myself that I didn't buy up more BTC a few months ago when the price was low. Well, now's my chance.
I was a bit mad with myself that I didn't buy up more BTC a few months ago when the price was low. Well, now's my chance. 
ok, someone stop this now, I don't want it to drop more
If only you would have said please.
screw that mate, just stop it
ok, someone stop this now, I don't want it to drop more
If only you would have said please.
ok, someone stop this now, I don't want it to drop more
65,99
Make it single digit.
Kthx!
Kthx!
How long until you think it will rebound?
(As in can I get 10k from my bank in time tomorrow?)
(As in can I get 10k from my bank in time tomorrow?)
it wont be "rebounding"... look around, this is clearly the death of bitcoin.
How long until you think it will rebound?
(As in can I get 10k from my bank in time tomorrow?)
(As in can I get 10k from my bank in time tomorrow?)
it wont be "rebounding"... look around, this is clearly the death of bitcoin.
Yup, get out, BTC is worth $0 now, I am dumping everything! It'll just keep going down to nothing. Those large 50k+ BTC bidwalls in the teens will get pulled, as will the millions of dollars above them in the orderbook. Bitcoin doesn't work anymore.
Imagine the headlines...
"Bitcoin goes to zero, no one really sure why"
"Entire Bitcoin economy evaporates in less than 2 weeks"
"Satoshi bails, declares Bitcoin 'all just a joke, I swear'"
Not sure if you're all being serious.
Are you actually selling?
Are you actually selling?
selling and buying, selling and buying etc... that protected my property for whole night but might be worth nothing if btc-e stays down for next hour or two.
Red bar after red bar after red bar... This isnt going to let up anytime soon. Sub 50s this week easily.
Actually, so many red bars usually ends in capitulation and the start of a rally. Look at historical charts.
$5 by the end of the weekend, as I said before . These people have a lot of coins, and are unloading not to buy cheap, but to get out of the game while still there is some value on the BTC.
. These people have a lot of coins, and are unloading not to buy cheap, but to get out of the game while still there is some value on the BTC.If you want to get out of the game, why would you do large dumps to induce panic selling thus costing yourself more money? Large coin dumps like this have been going on for years. It's the best way to create volatility.
How long until you think it will rebound?
(As in can I get 10k from my bank in time tomorrow?)
(As in can I get 10k from my bank in time tomorrow?)
Red bar after red bar after red bar... This isnt going to let up anytime soon. Sub 50s this week easily.
Am I reading this chart right that someone just sold over 9000 bitcoins?
Not sure if it was 9000, but it was a shitload
The only reason you dump that many coins at once is to drive the price down so you can re-buy at a lower price point. Someone with that many coins, isn't "panic selling".
It will probably spike back up and the process continues. =)
The other reason is that dumping the coins slowly would allow the price to go down, possibly costing more than it's worth. The big bidwalls are making panic selling easier.
Agreed. There's been a bunch of 3-4K coin dumps today. I find it hard to believe it's a whole bunch of big investors panic selling. If you wanted to force the price lower, 3-4K sells pushing the price down quickly, suckering in panic sellers, is pretty much the way to do it.
$5 by the end of the weekend, as I said before
. These people have a lot of coins, and are unloading not to buy cheap, but to get out of the game while still there is some value on the BTC.Yup, get out, BTC is worth $0 now, I am dumping everything! It'll just keep going down to nothing. Those large 50k+ BTC bidwalls in the teens will get pulled, as will the millions of dollars above them in the orderbook. Bitcoin doesn't work anymore.
Given that bitcoin's value depends on trustworthy and functional contacts with the traditional banking system, yeah, it kinda doesn't work.
There's also quite a few people who aren't big investors, but also have that many coins. Someone on reddit hit over $1 million a couple weeks ago, with a fairly small initial investment. They planned on cashing out slowly.
Seeing a crash like this could easily lead someone to selling it all off at once.
Yeah but it's happening all day long. They're really going to cash out with a 4k sell market order? I find it hard to believe that large dumps like that are just people freaking out.
Not sure if you're all being serious.
Are you actually selling?
Are you actually selling?
btc-e, so reliable so far and dies in such moment 
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