I just witnessed on Gox a single massive 1.4 K sell at once at 430 dropping all the way down to 405. Damn.
It's good to see how bitcoin isn't affected by this kind of things any more.
and yet it bounced RIGHT back up to 430.It's good to see how bitcoin isn't affected by this kind of things any more.


Yeah it looks like you're right adam and it was in fact 415. I might have got confused by stamp price which went down from 410 to 405 at that time, triggered by that gox order sell.
I don't have the numbers off hand to back this up, but it seems like the April-May rise would have been seriously affected by such a sell even for a few hours. This time around it's almost like these dumps don't happen.
Am I crazy for feeling this to be the case?
no this is indeed the case.Am I crazy for feeling this to be the case?
the "bubble pop" happened on very little volume, everyone let that knife fall. no one is letting the kinfe fall today... ( might be because the chinese promiss to buy ALL the bitcoin for mtgox price +10% )
this is not a bubble, this is what being bought out feels like.
In
