I can't buy in yet because I'm not "set up" to do so yet (it will be about 2 days until I can actually buy).
My advice, though, is to wait until you see a run-up well past 600, such as a recovery to 640. Right now it might have farther to fall, and I just hate buying anything while it's on a freefall, even in this situation where 600 has seemed to be the right spot to jump in for the last several weeks.
565 as I type this.
Yeah, this thing is cooked. Huge buy orders are getting overwhelmed by sellers. Looks like someone big trying to prop it up to no avail.Originally Posted by BeerAndPoker
Also it's around 3:30pm in Beijing right now, so all the Chinese are probably sitting at their desks and panic-unloading at the moment.
Probably better to wait until the Chinese get this out of their system.
theyve been dumping since baidu clowned their imaginary money coins.
"Birds born in a cage think flying is an illness." - Alejandro Jodorowsky
"America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs
Checking the roadmap. It looks like we are on that last leg down "Capitulation". We had the brief "return to normal" attempt.
See ya!
Even Litecoin is taking a beating.
Down to $16 after being as high as $48 in late November.
No one can enter an order big enough to save it. They just get gobbled up and the descent continues.
I just want the Winkelvoss twins to know I was rooting for them in the Social Network..... They owe me..
Yes and no, the Litecoin price directly reflects the Bitcoin price.
The incredible part is that every single R9 290 and R9 290x GPU video card has been off the market since Black Friday thanks to Litecoin miners.
LOOOOOOOLOLOLOLOLOLOLOLOL
"Birds born in a cage think flying is an illness." - Alejandro Jodorowsky
"America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs
Those are also really good video cards.
Down to 532, which is the lowest it's been since the initial run-up past that point.
Simply put, this is the worst crash since it rose over 1200 in late November.
$508
wtf i was just going to post that
It's actually much worse than that.
BTCChina closed bank deposit as a way to deposit Chinese Yuan. Right now no way to deposit CNY into BTCC.
http://www.reddit.com/r/Bitcoin/comm...ay_to_deposit/
About to go south of 500. Just hit 501.
People were predicting just last week it would go below 300, might happen now.
That's a whole lot of red. Heavy flow for BTC this week.
Getting ugly, going to drop more.
$488
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