i like it

Oh they are, are they?  So they stopped hacking each others limbs off with machetes¹, raping infants², killing and eating short people³, and commiting genocide against white farmers⁴?

Oh I get it.... April 1st.  Ha ha you got me.

1: http://www.dailymail.co.uk/news/article-2533828/Mutilated-machete-tragic-orphans-Africas-forgotten-war-A-truly-harrowing-dispatch-worlds-new-Heart-Darkness.html
2: http://www.huffingtonpost.com/2013/04/18/africa-child-rape-crisis_n_3103558.html
3: http://news.bbc.co.uk/2/hi/africa/2933524.stm
4: http://www.genocidewatch.org/southafrica.html

Africa?  No.  Africa doesn't have a good track record at adopting advances in technology or culture.

It's just awesome to see all the weak hands leaving the market.
I didn't think we would see more of it, but just looking at reddit and around here you can tell that more and more people are getting desperate.

And thanks for the analysis cosmofly, it confirms that I should wait a little longer before buying moar

No.

What we need is a decentralized exchange.

That is the problem.

Not more "solid players".  I know you meant well by saying that.  But truly:  Bitcoin needs no central points of weakness.

This is the entire reason it was created.  And are we shocked that the failures have been in the centralized elements? 

They are *always* the weak links in a decentralized network.

I don't know if Mastercoin Foundation's decentralized network invention is what I am referring to, but the days of "companies" owning "exchanges" and creating a "trust" situation needs to end.

More companies is not the solution.

-B-

this is one of the dumbest fud threads ive seen yet, congrats lol

Kraken. Super tiny volume, but it works.

You're looking at the wrong picture , it's not bitcoin that it's falling , it's Gox.

We are doomed.
Why are you so optimistic saying it will be 100 USD? According to my higjly accurate calculations it will drop at least to under 3 USD within a month.

An Alt-currency is only as decentralised as it is evenly distributed, which in Bitcoin's case, is not at all, but perhaps the problem with Bitcoin in the eyes of the financial establishment is that too many 'wrong types' are owning it.

What if what is going on now cumulates in a massive crash in Bitcoin price, and Bitcoin is facing annihilation, causing much panic sending Bitcoin to double and even single digits. Would this be the point where Wall St climbs on board, or is this the point where Bitcoin is killed off for good, and replaced by another 'more secure' pre-mined and/or pre bought out 'decentralised' crypto of Wall Streets choosing.

The Big Boys always win. If they can't win with Bitcoin, they will win with whatever replaces it in pole position of the crypto-currency race, and that coin won't be called JPMorgan Coin, Zionistcoin, or 666coin.

b) I no longer trust Bitfinex.

in fact bitfinex is already the largest exchange... just think
about how much of bitstamps volume is due to trades on bitfinex 

Insufficient funds bug is fixed (at least for me).

I placed some limit-buy orders on the Exchange. 

After placing four orders that used up around 60% of my money (if they execute), it says that I have run out of money.  I also have three market sell orders for BTC that I already have on the exchange.

I've sent support an email.

I think the issue we all keep ignoring is the broken trade matching systems these exchanges use. There have been posts from people on btc-e and bitstamp who did not have their limit orders executed even with the price moving through them. The same thing has happened on gox in the past, thats why we see big sells plow down through the order book and the price instantly recovers because of all the missed orders and orders placed during the execution of the large sell. These trade matching systems are broken and need to be rewritten or replaced with real off real off the shelf systems. We get lag in an exchange because of this as well, each transaction appears to be handled on an exclusive or semi-exclusive basis. Momentum locks up the db, limit orders do not get fully filled, traders can not react, market makeing bots can not update their orders, and we get a mini flash/lag crash. We need exchanges that operate like real financial market exchanges, written by people with experience in them or at least learning from their mistakes.

A similar event occurred on bitcoin-24 during last years april rally (although not simultaneously with an actual 'crash'). In that case, the reason was that someone figured out how to hijack users login sessions, and then proceeded to transfer all their coins all to his own account by placing a buy order in the very thin USD order book and then selling all the coins in the hacked accounts to himself. Perhaps his bid order was too small, but it took the price down all the way to $0.

However, I think Hanlon's razor is appropriate here.
>Never attribute to malice that which is adequately explained by stupidity.

Just a big panicky whale that made a typo in the heat of the moment and bought a very expensive ticket for his spot in bitcoin history.