sitting at 300 at the moment
chart looks pretty awful
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sitting at 300 at the moment
chart looks pretty awful
manipulation before the holidays?
load up boys, get in at the $300 level and enjoy the ride up to $1,450!
I thought it would have taken longer for Druff to have lost 1/3 of his investment.
Bitcoin $386 on Bitstamp. Up on volume that equals or exceeds the drop on the 4th & 5th.
$100 bounce off lows.
The 30,000 BTC sale at $300 defied comprehension. Why would anyone park such a huge order like that? Why would anyone sell in such a stupid fashion? Who was it?
Like a dope I began reading and adopted the article about the Chinese exchanges. Why would the 3 Chinese exchanges trade for no fee? They came online recently and now you see this shit. I was kind of busy so I moved on.
That's what you get for thinking and not just watching the chart.
I still feel like this is massive ballsy manipulation but I wanna be in on the fix too.
Blah, blah, blah about massive shorts on Bitfinix etc getting squeezed.
The juice is back kids. Bitcoin is fun again!
Here is a good partial explanation as to what was going on with the price drop.
http://www.cnbc.com/id/102070437 "Bitcoin 'BearWhale' rattles cryptocurrency world"
On a related note. I recently discovered a great way to help support the tor network.
https://oniontip.com
COOL STORY, OFFICER.
Bitcoins still exist? I guess as long as guys like Micon are around, they will never die.
http://i.imgur.com/FYLULbz.png
i mean, honestly
Not to be out-failed by some young buck virtual currency, the Ruble has plunged the last two days and is now down 55% on the year. This is despite the Russian central bank cranking interest rates up to 17% and spending $80B.
http://www.bloomberg.com/news/2014-1...7-percent.html
Price dropped $25 more to $330 since I went to lunch.
Yeah I was just about to post that bitcoin has been stable lately, and then a drop to 330.
I might actually buy in if it falls under 300.
With the oil crisis bringing Russia close to bankruptcy ... Run on banks, ruble cratering all day today...
Be interesting to watch Bitcoin. Flight to Bitcoin safety, lol.
The chart below is BTC-e the Bulgarian exchange that offers Russian language option.
Chart shows Russian trading volume is spiking. the green & red columns are the volume.
I am watching Bitcoin to see if it hits $300. More important though is HOW it gets there. Something doesn't feel right here. It feel like a trap somehow. Everybody will see the same thing and have the same reaction.
The crowd is usually wrong.