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Started By
Message
re: Daily Bitcoin Article
Posted on 2/25/14 at 12:21 am to HubbaBubba
Posted on 2/25/14 at 12:21 am to HubbaBubba
That's good! 
0
Posted on 2/25/14 at 12:24 am to brucevilanch
$430 taken out ($421).
Next support is $400.
Next support is $400.
Posted on 2/25/14 at 12:26 am to LSURussian
quote:
Wow! There's no way a small btc exchange site can withstand the price declines of btc if they are providing margin financing for any significant volume of their sales.
Yeah, I don't know how or why they do it, but they're the only exchange that I know of that offers it.
Posted on 2/25/14 at 12:29 am to brucevilanch
Down to $401 on BitStamp. This is the fastest I've ever seen it drop in 3 hours.
Posted on 2/25/14 at 12:30 am to LSURussian
I wouldn't be surprised if the Chinese didn't sell everything off, just to buy back in at sub $200. Happens pretty frequently on the weekends. I've went to bed with it at $1000 and woke up with it at $800, just for it to go back up to a $1000 again in a couple of hours.
Posted on 2/25/14 at 12:37 am to brucevilanch
783 btc just sold on BitStamp for $400.00.
Posted on 2/25/14 at 12:38 am to LSURussian
If this is true, then Bitcoin is in trouble.
quote:LINK
At this point 744,408 BTC are missing due to malleability-related theft which went unnoticed for several years.
Posted on 2/25/14 at 12:40 am to Poodlebrain
It's dying a cold miserable death right before our eyes.
Posted on 2/25/14 at 12:42 am to Poodlebrain
There are some weird orders being placed on bitstamp. Some big buy orders came in followed almost immediately by some almost identical amount of sell orders. If I didn't know better, I'd say someone is trying to manipulate the price to stem the bleeding.
Posted on 2/25/14 at 12:42 am to LSURussian
quote:
783 btc just sold on BitStamp for $400.00.
Panic selling. shitjustgotreal.gif
Posted on 2/25/14 at 12:43 am to brucevilanch
But the price just went back up to $430 and is frozen there.
This post was edited on 2/25/14 at 12:43 am
Posted on 2/25/14 at 12:44 am to LSURussian
Cool down period?
Posted on 2/25/14 at 12:45 am to LSURussian
quote:
If I didn't know better, I'd say someone is trying to manipulate the price to stem the bleeding.
yeah, that never happens.
Posted on 2/25/14 at 12:45 am to southernelite
Posted on 2/25/14 at 12:45 am to LSURussian
Coinbase's buy limit keeps getting met which is a small ray of light through the otherwise gray skies.
Posted on 2/25/14 at 12:48 am to joshnorris14
What is a buy limit and why is it needed?
Posted on 2/25/14 at 12:49 am to joshnorris14
Linky plz? I never buy anything, but my buy limit is $3000. Does it go up if you buy more often?
ETA: yeah, it goes up to 50k
ETA: yeah, it goes up to 50k
This post was edited on 2/25/14 at 12:50 am
Posted on 2/25/14 at 12:51 am to LSURussian
quote:
What is a buy limit and why is it needed?
Coinbase holds about 97% of customer's funds in cold storage. If activity unexpectedly picks up it takes time to move the bitcoin out of cold storage.
This post was edited on 2/25/14 at 12:52 am
Posted on 2/25/14 at 12:51 am to LSURussian
quote:
What is a buy limit and why is it needed?
Just how much you can buy per day. I don't know why it's needed.
Posted on 2/25/14 at 12:51 am to brucevilanch
I'm out. Looks like $400-425 for a while tonight.
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