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Topic: Without mtgox the price will be under $100 within an hour - page 6. (Read 9751 times)

full member
Activity: 148
Merit: 100
Price is stable at http://bitcoinity.org/markets

Really, you need to just relax and let BTC be
bitcoinity stopped updateing mtgox. Look at last trade: "an hour ago"
hero member
Activity: 640
Merit: 500
Archduke of Criptoaerica, vassal of WallStreetCafe
Without mt.Gox the price will go UP!
full member
Activity: 148
Merit: 100
Who would "panic sell" because they get an email or message that their EX is going to be shut down for a day?
Mtgox will be down for a day? You got such an email?
legendary
Activity: 1386
Merit: 1000
Price is stable at http://bitcoinity.org/markets

Really, you need to just relax and let BTC be
legendary
Activity: 840
Merit: 1000
This downward move began before gox went down. Not if that were a coincidence.  Roll Eyes
Yes, this, Mtgox had already been trending down for like 15 hours. So had the other exchanges.
full member
Activity: 133
Merit: 100
This downward move began before gox went down. Not if that were a coincidence.  Roll Eyes

false, mtgox was already down for a few minutes before bitstamp started falling, I know because I was watching
copper member
Activity: 1380
Merit: 504
THINK IT, BUILD IT, PLAY IT! --- XAYA
Douchewads... The only exchange that I have cash in still is maintaining the price high... Fall, dammit, fall! Tongue Damn Canucks! Tongue
newbie
Activity: 58
Merit: 0
A major EX temporarily going down creates an increase of Buyers and a Decrease of sellers on all the other smaller EXs.

Normally this would move the price of bitcoins UP.

But it moves it down because all the market manipulators who run the prices up with small incremental buy orders (to take advantage of naive buyers who don't take volume into consideration) mostly live on MtGox. And without them the real supply meets the real demand.

"Panic selling"? Who would "panic sell" because their EX is going to be shut down for a day? And how exactly are those panic sellers going to verify, and set up accounts on the other EXs in that time-frame, and be able to then transfer their coins in time to those EXs - to "panic sell"?
full member
Activity: 148
Merit: 100
This downward move began before gox went down. Not if that were a coincidence.  Roll Eyes
Not sure, it was mostly just "jitter" before. However, with mtgox gone it accelerated downward dramatically.
legendary
Activity: 1666
Merit: 1057
Marketing manager - GO MP
This downward move began before gox went down. Not if that were a coincidence.  Roll Eyes
copper member
Activity: 1380
Merit: 504
THINK IT, BUILD IT, PLAY IT! --- XAYA
right, the same places that as soon as Gox comes back online will shoot back up

+1

This time, MtCocksMtGox could actually serve as a stabilizing factor. (Do I need another drink or 5? Tongue )
full member
Activity: 148
Merit: 100
right, the same places that as soon as Gox comes back online will shoot back up
I wrote "if gox stays down"

BTC-e (3h)


Bitstamp (3h)



down to $110 at BTCE and $116 at Bitstamp. both still falling   Wink
Yes, it actually got worse in the meantime
full member
Activity: 133
Merit: 100
down to $110 at BTCE and $116 at Bitstamp. both still falling   Wink
full member
Activity: 226
Merit: 100
Why would that happen? The exchange rate has been between a 15 dollars range (117-132) for 24 hours. We aren't in the middle of a massive sell off this time.

BTCE and Bitstamp falling

check the charts, both are already down at least 5%

 right, the same places that as soon as Gox comes back online will shoot back up
full member
Activity: 133
Merit: 100
Why would that happen? The exchange rate has been between a 15 dollars range (117-132) for 24 hours. We aren't in the middle of a massive sell off this time.

BTCE and Bitstamp falling

check the charts, both are already down at least 5%

Right, I forgot, people love to throw money away! Double digits, here we come!

there are LOTS of people that wait for double digits to buy. All those people would never buy at 120
that is not throwing away money, quite the opposite Wink
sr. member
Activity: 364
Merit: 250
If mtgox stays down we will see double digits within an hour - if it even takes that long.



LOL i love this forums, they are manipulators heaven!

What are you trying to say? Should all of us sell our Bitcoins as soon mtgox is back online because they are going to be worth 30 bucks because of the downtime and some panic sell?

Keep dreaming man Grin

+1

It's cute that he's trying.
full member
Activity: 148
Merit: 100
Why would that happen? The exchange rate has been between a 15 dollars range (117-132) for 24 hours. We aren't in the middle of a massive sell off this time.

BTCE and Bitstamp falling

check the charts, both are already down at least 5%
full member
Activity: 133
Merit: 100
If mtgox stays down we will see double digits within an hour - if it even takes that long.



YEE HAAA

BTCE and Bitstamp falling
full member
Activity: 226
Merit: 100
If mtgox stays down we will see double digits within an hour - if it even takes that long.


um... no
full member
Activity: 148
Merit: 100
If mtgox stays down we will see double digits within an hour - if it even takes that long.

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