HOF signature, Muck
Printable View
HOF signature, Muck
There is also no reason this bubble cant be re inflated. It could even be pre planned to have it be re inflated. People may think now is the time to buy since they are getting a "good deal" thus sending the price back up. When this happens, a big sell order comes in bringing it back down. It could be the same people that made it plummet today.
If someone is carrying a ton of bitcoins and they sold ALL of them today they would not find enough buyers at a high price. However, if you sold enough to bring it down to the 100-150 range, let it re inflate, and then dump they could unload the rest of their coins at a much high price. You are counting on people to be greedy in order to make this happen but chances are you couldnt have unloaded all your coins anyway in one day. Or if you could you would be getting shit for them.
seems to be leveling out at 149
$180
:siren
I blame this all on China!! Guy has a horse shoe up his ass. He Sold 45k worth yesterday. Give me some lottery numbers China. I just bought $2500 worth of these badboy's so expect the value to be around $18 by morning.
I bet Micon is sitting their with an ecig in one hand and his other hand glued to the mouse on mtgox clicking refresh every 5 seconds.
It's back up to $180
rofl, my bad, the mtgox external web feed stream died at 149.
Who the fuck registered SrslySirius at MtGox? This is the second time in a week I've found my name squatted.
What is this all about?
"Coincidentally, the plunge came several hours after a reddit user by the name of “Bitcoinbillionaire” suddenly, spontaneously decided to give away around $12,000 (more than 63 BTC) worth of the digital currency. Bitcoinbillionaire rewarded 13 seemingly random redditors, then stopped the whirlwind spree after about eight hours. At the moment, no evidence links the currency's plunge with this random reddit charity.
Bitcoinbillionaire took advantage of reddit’s Bitcointip mechanism, which allows users to send each other small amounts of cash (usually less than $5). The mysterious benefactor appears to have given away 20 BTC (now worth slightly less than $4,000) as his or her first gift to one Karelb. This gift happened under a comment titled: “I wish for the price to crash.” That comment now seems prophetic.
A look at the account transferring all this money shows that two hours before the giveaways began, Bitcoinbillionaire received 50 BTC (about $9,500) from another account without an IP address.
Business Insider reported that Bitcoinbillionaire has left hints that he or she was an "early adopter" and had forgotten he or she even had any bitcoins. Not much is known beyond that, as Bitcoinbillionaire vanished as suddenly as he or she appeared.
"You've made me change my mind about this whole thing," Bitcoinbillionaire wrote. "I'm done."
http://arstechnica.com/business/2013...-in-six-hours/
Back up to $197.
On SWC they reduced the 60 BTC guarantee to 40 BTC and the buy-in is now 1 bitcoin instead of 2. Probably a good move.