i think 1hour it take 1 hour for me when i redeem private keys

The big boys know that if they let the price rise too fast, they could see 75% of their wealth disappear in a day again. So they make sure we lose 25% for a few hours every so often, helps temper the exuberance.

But the question is - how long can the Alliance (of rich BTC hoarders) hold out against the stampeding horde?

 

No, a few hundred coins were stolen, not a very big deal at all.

Its the whole iphone thing. They noobed with the app so youve got to use a lame version that doesnt work. On an android its Ez.

another blood bath

122.72

another chance to buy cheap coin!

I am a bit confused by the latest sell off.   Everyone can't make money on these swings, and I would bet that most lose it.   So why do they keep trying?   It's not like there has been any kind of bad news to induce selling, and we all know how much people will be willing to sell for on Monday or Tuesday.   I can't figure out why so many want to sell at the current low.

Edit - I meant buy not sell.   I am up too late  

OK. A lot of people with holdings of coins are still kicking themselves for not selling at $266, so were waiting for the retrace to dump them. However, the retrace *seems* to have petered out at $166 instead, so they are dumping before it goes back to $50 and stays there.

An alternative, perhaps the level-headed view, is that it will find a new level closer to $130 than $50. So selling now is too late (again)...

Yeah, it doesn't look like "selling selling", more like profit taking at the moment. Yes both are selling, but the intent is different.

looks like someone just joined me at 120