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  #1  
Old 05-01-2015, 07:45 AM
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sunburn sunburn is offline
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Default BITCOIN CRASHING: Breaks Under $300

Source: EPJ

Bitcoin is continuing its collapse at the start of the New Year. YTD Bitcoin is already down an additional 86.3% to $286.73.

The chart below shows Bitcoin activity over the last two days.



UPDATE:

Bitcoin now at $263.73 down 5.59%, YTD. 

Crashing? Or under attack?
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Old 05-01-2015, 07:55 AM
Altima Altima is offline
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Well the price has been trending down so that isn't too surprising.

Just surprised at how quickly the prices went south. Would see if it breaks the 200 USD level. Would be interested in picking some up if that happens.
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Old 05-01-2015, 09:10 AM
Roborovskii Roborovskii is offline
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Quote:
Originally Posted by Altima View Post
Well the price has been trending down so that isn't too surprising.

Just surprised at how quickly the prices went south. Would see if it breaks the 200 USD level. Would be interested in picking some up if that happens.
Pick up some XRP too
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Old 05-01-2015, 11:31 AM
Altima Altima is offline
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Quote:
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Pick up some XRP too
Lol. I am barely familiar with BTC, so I don't think I'll be picking up any XRP anytime soon.
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Old 07-01-2015, 06:38 AM
moyyewhon moyyewhon is offline
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i'm holding only 1 full btc..lol..so i'm not too concerned..most of my money is in 2.0 technologies like ripples nxt bitshares ethereum blackcoins storj bitnation. so the more btc goes down the better as late adopters can come in. the reason i would buy more btcs would be to use em to trade pair with 2.0 coins..
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Old 07-01-2015, 06:48 AM
Altima Altima is offline
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Well turns out close to 5 million worth of Bitcoins got stolen on bitstamp.
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Old 07-01-2015, 06:54 AM
moyyewhon moyyewhon is offline
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here's my own "moy's bitcoin damn striking similiar chart"

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Old 07-01-2015, 05:54 PM
Roborovskii Roborovskii is offline
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Quote:
Originally Posted by Altima View Post
Well turns out close to 5 million worth of Bitcoins got stolen on bitstamp.
This is one of the cons i see about bitcoin as compared to ripple.
Most bitcoin traders hold their coins on the exchanges to facilitate easier and quicker trading, this because of the confirmations required. When they do this they are opening themselves to counterparty risk. For ripple, you can trade XRP on the ripple network without placing the crypto currency with an exchange. The only counterparty risk taken is when you hold onto the issuer's IOUs. Ease of trading and speed on the ripple network facilitates this.
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Old 07-01-2015, 06:00 PM
moyyewhon moyyewhon is offline
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when i transfer ripple to these exchanges
it takes me less than 5 minutes to receive it.

regarding bitcoins...

well... if it's not valuable, nobody would wanna steal it
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  #10  
Old 10-01-2015, 11:39 AM
Roborovskii Roborovskii is offline
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BitStamp is back up.
https://www.bitstamp.net/article/bit...ter-than-ever/
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