Bitcoin going ballistic.

[newbitech]

As a non bitcoiner, I am just trying to find out prices. Everyone is reporting something different.

yeah, probably due to the over 40 minutes trade lag and the inability to actually place buy orders right now. Probably can't even sell....

 

[amonasro]

yeah it's jumping back and forth from 140 to 180. weeeee!!

 

[newbitech]

i got 120

next big chunk staked at 95

 

[muh_roads]

i got 120

nice dude.

 

[newbitech]

my god, $50 spread on something that peaked at $265 dollars. sickening actually.

too bad the damn buy sell buttons don't work....

 

[muh_roads]

at least u got in. I can't. grrrrr

 

[ChristianAnarchist]

Here I thought I'd made some money on these things and now they drop like a rock. I'm negative now and I think as soon as they go up to where I can come out on top, I'm outta here... Gold and silver are way less headache...

 

[muh_roads]

Here I thought I'd made some money on these things and now they drop like a rock. I'm negative now and I think as soon as they go up to where I can come out on top, I'm outta here... Gold and silver are way less headache...

I remember a lot of first timers bought silver @ $17 in 2008, then things crashed to $6 and people got sand in their vaginas and bailed. So stupid.

Always have money ready to dollar average in cases like this.

 

[Crystallas]

I love this correction. I just made a ton. It's awesome to actually understand economics and work with bitcoin.

 

[anaconda]

Last price = $120 on Mt.Gox. 12:52 P.M. 4-10-13

UPDATE: Up $48 in the last 6 hours to $168.77 at 6:45 P.M. 4-10-13.

 

[anaconda]

I love this correction. I just made a ton.

Did you pay on short sale deals?

 

[Crystallas]

Did you pay on short sale deals?

Nope. But what has helped me the most, is recognizing that Gox has been lagged for two weeks. Anyone that goes off Gox as their indicator of market value(until they actually can handle the volumes) is either a novice BTC'er or stubbornly stupid.

 

[mad cow]

Does this market close like the NYSE or is it 24/7?

 

[jtap]

Good to have a name to use when the cursing starts...

I guess I didn't really give enough warning, but I did give some.

 

[Crystallas]

Does this market close like the NYSE or is it 24/7?

24/7

 

[Kords21]

After a mixup with bitinstant and the details of my mt.gox account being funded, they said they did a direct deposit when Mt.Gox was looking for a coupon code. Actually worked out in my favor since I would have bought in originally at around $180 or so, got in at $129. I didn't buy in much, more of an experiment than anything, but you have to start somewhere.

 

[ronpaulfollower999]

I think MtGox stopped doing codes this morning.

 

[Kords21]

The code I used in, worked just fine about 2 hours ago

 

[ronpaulfollower999]

The code I used in, worked just fine about 2 hours ago

Interesting. I was just relaying what I heard from someone else. Could've been false info.

 

[Kords21]

bitinstant was a bit confusing since their confirmation e-mail said no coupon code was needed since they'd be doing a direct deposit. After some time passed and no money turning up and nothing from the bitinstant customer service after numerous e-mails and voicemails, the support from Mt. Gox finally got back to me and told me to use the coupon code. Lesson learned with bitinstant, their customer service is non-existent and when they say you don't need a coupon code, think otherwise. Worked out in my favor, so I guess I can't complain too much.