Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
maz
on 06/12/2013, 21:32:17 UTC
so 850 is the new floor imo.

We saw total panic tonight and yet once we approached 850 buyers started perking up.

LOL approached 850?

Don't you mean after we got spat out of a gox failsafe loop for an hour which blocked any trading below $829? It's worth noting ever other exchange sat frozen for half an hour waiting for gox to take the lead again before making any moves back up.

poeple were trading........

It completely killed the momentum of the dip, who knows where gox would have stopped, it was certainly headed for 700.