mvidetto
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November 14, 2013, 07:20:18 AM

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.  Smiley

and yet it bounced RIGHT back up to 430.

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.

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%  Tongue )




sheez where's that guy with the 700 dollar per coin contracts? he just simply just ignored me LOL!!!  Cheesy /\500 will be the proving ground imho!


Do I hear $500 tomorrow?  It's quite possible given todays high was $70 higher than yesterday...