No big deal. It's not a rally.
Topic: Whoa, spike up to 4.45 (Read 1991 times)
Wait.... what?
Mt. Gox is at $4.07 and Tradehill is at $3.95. Usually, when there's a spread like that, an arbitrage 'bot buys on one exchange and sells on the other. This keeps the exchanges in sync.
When that doesn't happen, it's because someone has cash trapped in the wrong exchange. I suspect that one or more of the trading 'bots ran out of money, and as a result, volatility went up. With the better funded 'bots off line, there are more spikes. Humans react too slowly to damp them.
No big deal. It's not a rally.
When that doesn't happen, it's because someone has cash trapped in the wrong exchange. I suspect that one or more of the trading 'bots ran out of money, and as a result, volatility went up. With the better funded 'bots off line, there are more spikes. Humans react too slowly to damp them.
No big deal. It's not a rally.
So we've got a bail out!
i dumped the rest I had at 4.10
Im losing faith...
Im losing faith...
Oh, no, please don't. We need your faith!
We don't need it except for to talk about how dumb it is. Hold your BTC til after the holiday then see where it's at.
miss the pop. Will try to catch the next one to dump my freshly mined coins...
i dumped the rest I had at 4.10
Im losing faith...
Im losing faith...
Oh, no, please don't. We need your faith!
i dumped the rest I had at 4.10
Im losing faith...
Im losing faith...
Usually once it raises a mere 20 cents, someone dumps all their bitcoins going "Well at least I made a small profit" and this makes the price crash. Hopefully it won't happen this time.
Don't you mean, manipulate the price down?
The price moved up $.50 in one sale. Then there were 3 or 4 successive pushes to $4.4, all in about 1 minute.Didn't catch the spike, but considering this is happening at the exact same time as DDoS attacks on the top pools -- well, I had a coin or two remaining. Whomever was trying to manipulate the price up now has them, congratulations.
I caught the spike, but I had just <5 mins earlier moved my sell order from $4.42 to $4.25 (which I rarely do), so I got shafted a little.
But hey, a little profit is better than a little loss!
Don't you mean, manipulate the price down?
Didn't catch the spike, but considering this is happening at the exact same time as DDoS attacks on the top pools -- well, I had a coin or two remaining. Whomever was trying to manipulate the price up now has them, congratulations.
Didn't catch the spike, but considering this is happening at the exact same time as DDoS attacks on the top pools -- well, I had a coin or two remaining. Whomever was trying to manipulate the price up now has them, congratulations.
yummy. cleaned me out. hehe!
Yes, same. That was amazing to watch live.
That was unexpected.
Glad I bought at 3.87
Glad I bought at 3.87
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