Bitcoin breaks $200

[Kiopa_Matt]

So while not a 50% drop, the scenario I played out yesterday is exactly happening today...a merchant's worst nightmare.

More than 50% from the looks of things:

 

[mx=headroom]

here's the dip everyone was waiting for. sideline money will return and new highs soon
all bitcoin chart/exchange sites are down or lagging

So we've hit denial

You have to understand that you are retail playing the big man's game with no stops.

 

[K-Noop]

$157

 

[loyolabenson]

Meanwhile..... At LukePs house

 

[Benji49]

lol, $173. Anyone here who bought it for $250+?

Oh sure, I bought some at $235 a couple of days ago.

Also bought some earlier at $109.

Go ahead, laugh it up. I've been trading small caps for years. If bitcoin goes to zero, I will wash my hands and move on.

 

[slate]

108$ on bitstamp, FYI.

 

[productionhead]

Last price at mtgox $157

 

[WickedJoe]

Laughed my ass off on this one:

This is a trollers paradise.

 

[slate]

Last price at mtgox $157

But there is some lag there, right ?

 

[productionhead]

But there is some lag there, right ?

Yeah, and that means the price is much lower than $157

 

[slate]

96$ @ bitstamp

 

[WickedJoe]

Yeah, and that means the price is much lower than $157

Yup, supposedly mtgox has about an hour of lagging orders right now.. likely sell orders mostly.

 

[cpauser]

Last price:$190.00000

 

[ShadowCaster]

 

[Kiopa_Matt]

$79 at Bitstamp.

Holy hell, this thing is dropping like a rock. But you proponents are right, I can definitely see how this will become the new global currency of the future, due to its high stability and all.

 

[JoseArmando]

Have $10k sitting in bitstamp gonna buy bitcoin once it's $0.1 a piece

 

[slate]

Last price:$190.00000

https://data.mtgox.com/api/1/generic/order/lag

"lag_secs":4309.149124

 

[King.]

Why is it $78 on bitstamp and $178 on mtgox

 

[WickedJoe]

Last price:$190.00000

mtgox prices are not current. They're system obviously sucks and always has. Massive delays, can't take massive orders, susceptible to ddos attacks, etc.

 

[Benji49]

Somebody, somewhere, is making a lot of money via arbitrage right now.

I'm showing a bounceback at $190 at Cavirtex