Silk Road forums

Discussion => Newbie discussion => Topic started by: SpleenMuncher on April 10, 2013, 07:13 pm

Title: What's up with MtGox (and others') BTC exchange rates?
Post by: SpleenMuncher on April 10, 2013, 07:13 pm
Prices have dropped more than $100 USD/BTC in the last 6 hours. I've seen people mention 'hackers', but is that the case at all? Is it not just people selling their BTC for profits after the recent jumps in BTC prices?
Title: Re: What's up with MtGox (and others') BTC exchange rates?
Post by: BTC4CASH UK on April 10, 2013, 07:17 pm
its been said elsewhere that a ddos is in progress (this would stand to reason as if you look at the engine lag it would make sense) people are panicking and selling off. Now is the time to buy!!

Mtgox trading engine lag: 3839.89s
Title: Re: What's up with MtGox (and others') BTC exchange rates?
Post by: SpleenMuncher on April 10, 2013, 07:24 pm
So you think it's going to go back to it's $240 USD prices and likely even higher?
Title: Re: What's up with MtGox (and others') BTC exchange rates?
Post by: BTC4CASH UK on April 10, 2013, 07:36 pm
in short, yes. buy as soon as you can at the lower prices, this will be over in a matter of hours and slowly begin to creep back up, next week this dip will be as if it never happened and it will still be creeping up.

This is coming from the various sources I trust. Its only small money panicking at the moment cashing out as they see it fall,  the big money is waiting it out and will start (by at least tomorrow morning) buying up all the cheap coins slowly at first. Now is the time
Title: Re: What's up with MtGox (and others') BTC exchange rates?
Post by: pillowton on April 10, 2013, 08:54 pm
in short, yes. buy as soon as you can at the lower prices, this will be over in a matter of hours and slowly begin to creep back up, next week this dip will be as if it never happened and it will still be creeping up.

This is coming from the various sources I trust. Its only small money panicking at the moment cashing out as they see it fall,  the big money is waiting it out and will start (by at least tomorrow morning) buying up all the cheap coins slowly at first. Now is the time

If only I held off for an hour or two before ordering from you man! Bad timing eh :)
Title: Re: What's up with MtGox (and others') BTC exchange rates?
Post by: MarloStanfield on April 10, 2013, 09:42 pm
I have a question off topic....I seen bitcoin falling heavy and decided to hedge my escrow. After doing so my account dropped,i lost about what a rolex cost. Will I get all This back when they finalize or did I make a reckless mistake.
Title: Re: What's up with MtGox (and others') BTC exchange rates?
Post by: BTC4CASH UK on April 10, 2013, 09:52 pm
I have a question off topic....I seen bitcoin falling heavy and decided to hedge my escrow. After doing so my account dropped,i lost about what a rolex cost. Will I get all This back when they finalize or did I make a reckless mistake.

ask in customer support mate

Title: Re: What's up with MtGox (and others') BTC exchange rates?
Post by: BTC4CASH UK on April 10, 2013, 09:53 pm
in short, yes. buy as soon as you can at the lower prices, this will be over in a matter of hours and slowly begin to creep back up, next week this dip will be as if it never happened and it will still be creeping up.

This is coming from the various sources I trust. Its only small money panicking at the moment cashing out as they see it fall,  the big money is waiting it out and will start (by at least tomorrow morning) buying up all the cheap coins slowly at first. Now is the time

If only I held off for an hour or two before ordering from you man! Bad timing eh :)

swings and roundabouts mate..Its on its way back up now anyway
Title: Re: What's up with MtGox (and others') BTC exchange rates?
Post by: whiteheat on April 10, 2013, 09:58 pm
yeah this stuff bugs me out man. its like, should i keep my coin in my wallet to grow in value or spend it now on drugs?  If i keep it for a little it goes up, i get more drugs, if it goes down then i lose my money.  I just like to make purchases as soon as i get the coin so i dont have to worry about that.  But then i see the price rise greatly like this past week and im like dammit i shoulda kept em in my wallet.