Wait, someone please explain what the fuck is going on!? I just bought $2,000 worth of bitcoins for $15 a coin. Am I understanding correctly that someone sold at a penny???
What does this mean for the value of the bitcoins I just bought... and why is Mtgox down?!
I seriously need some answers here... This was my first bitcoin buy and the fucking site has gone down...
For all we know it means nothing. Maybe Gox is going to revert the database so that the massive order never took place, who knows.
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BoardBeginners & Help
Re: Transaction fees for transfering BITCOINS -- WTF
I understood that the system was decentralized and hence NO FEES, I am glad I started small with the BITCOIN.... now seems more like a SCAM !!
pyramid scheme
YELL OUT SCAM !!!
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There's no way to "pre-calculate" fees as miners are free to set the fee policy they want. This standard policy that's being followed by most miners is a set of arbitrary rules that were coded into the standard client, but these are not carved on stone or anything. Miners are free to come up with their own policies.
pyramid scheme
I AM GLAD I SOLD A LARGE !!! AMOUNT OF BITCOIN over the last few hours then
According to the data I managed to scrape from Mt.Gox before it went down, about 230.000 bitcoin were sold during the dip, with about 1.300.000 dollars being made in the process.
Don't have data from the subsequent rise, but I think there has been a loud "KA-CHING" from somewhere around the world.
Except they sold it at $0.01 each. Some men just want to watch the world burn.