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> BREAKING: Bitcoin market crashes. Everyone is dumping their bitcoins for pennies on the dollar.

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#1 2011-06-19 19:24:25

BREAKING: Bitcoin market crashes. Everyone is dumping their bitcoins for pennies on the dollar.

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#2 2011-06-19 19:27:43

Re: BREAKING: Bitcoin market crashes. Everyone is dumping their bitcoins for pennies on the dollar.

http://bitcoincharts.com/markets/btcexUSD.html

Shyt is down 99%... Bwahahahaha... What kind of idiots invested their wealth in "bitcoins"?

lol

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#3 2011-06-19 19:49:57

Re: BREAKING: Bitcoin market crashes. Everyone is dumping their bitcoins for pennies on the dollar.

http://forum.bitcoin.org/index.php?topic=19543.0

Mt. Gox database leaked. All hell is breaking lose. IRS and FBI are investigating Bitcoin trader networks.

lol

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#4 2011-06-19 20:01:03

Re: BREAKING: Bitcoin market crashes. Everyone is dumping their bitcoins for pennies on the dollar.

"Heh heh heh heh heh. Ssssssss bleechhhhhh"
\
jewbag121707b.jpg

"We fooled some more stupid gentiles"
\
schlomo

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#5 2011-06-19 20:01:47

Re: BREAKING: Bitcoin market crashes. Everyone is dumping their bitcoins for pennies on the dollar.

wrote:

http://bitcoincharts.com/markets/btcexUSD.html

Shyt is down 99%... Bwahahahaha... What kind of idiots invested their wealth in "bitcoins"?

lol

BUT I WAS GOING TO GET RICH OFF THE BITCOINS I GOT FOR MAKING WEB PAGES
\
trev

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Phillip_McCavity
#6 2011-06-19 20:03:04

Re: BREAKING: Bitcoin market crashes. Everyone is dumping their bitcoins for pennies on the dollar.

wrote:

http://bitcoincharts.com/markets/btcexUSD.html

Shyt is down 99%... Bwahahahaha... What kind of idiots invested their wealth in "bitcoins"?

lol

Its a software quirk, the price hasn't really collapsed -- read the docs.

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#7 2011-06-19 20:05:38

Re: BREAKING: Bitcoin market crashes. Everyone is dumping their bitcoins for pennies on the dollar.

Phillip_McCavity wrote:

Its a software quirk, the price hasn't really collapsed -- read the docs.

You better hope so. Otherwise how will you pay for your CP, you degenerate dirt bag.

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#8 2011-06-19 20:10:48

Re: BREAKING: Bitcoin market crashes. Everyone is dumping their bitcoins for pennies on the dollar.

http://www.ibtimes.com/articles/165216/ … hacker.htm [Questionable Source (Bagz)]


Symantec reported that hackers are now trying to steal Bitcoins from legitimate users using a Trojan Horse.  Last Thursday, a Bitcoin user claimed he lost 25,000 Bitcoins, worth about $500,000 at that day?s conversion rates.
Get More IBTimes

Although his story can?t be verified due to the anonymous nature of Bitcoin (more on that later), it?s certainly believable.

?I feel like killing myself now,? the user wrote.

lol

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#9 2011-06-19 20:13:49

Re: BREAKING: Bitcoin market crashes. Everyone is dumping their bitcoins for pennies on the dollar.

wrote:

?I feel like killing myself now,? the user wrote.

lol

What kind of fuqing moron would keep $500,000 of his wealth in "bitcoins"?

facepalm

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#10 2011-06-19 20:19:15

Re: BREAKING: Bitcoin market crashes. Everyone is dumping their bitcoins for pennies on the dollar.

wrote:

What kind of fuqing moron would keep $500,000 of his wealth in "bitcoins"?

facepalm

What I don't get is, bitcoins are now "worth" $28 a frickin coin (lol). How is that even useful? That basically makes it non-liquid. I can't send half a bit coin. 

This seems like it was a good idea that basically turned into a pumped pyarmid scheme, where you "must" get your bitcoins now or be priced out forever?.

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#11 2011-06-19 20:24:33

Re: BREAKING: Bitcoin market crashes. Everyone is dumping their bitcoins for pennies on the dollar.

Since it's electronic, you can presumably spend fractions of a "coin". They should've come up with a better name for it.

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#12 2011-06-19 20:24:56

Re: BREAKING: Bitcoin market crashes. Everyone is dumping their bitcoins for pennies on the dollar.

wrote:

What I don't get is, bitcoins are now "worth" $28 a frickin coin (lol). How is that even useful? That basically makes it non-liquid. I can't send half a bit coin. 

This seems like it was a good idea that basically turned into a pumped pyarmid scheme, where you "must" get your bitcoins now or be priced out forever?.

Actually I think you can send like 1* 10^-24 bitcoins if you want.

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#13 2011-06-19 20:43:26

Re: BREAKING: Bitcoin market crashes. Everyone is dumping their bitcoins for pennies on the dollar.

lolol!  trevs owned by classic pump n dump

does shytcoins have stoploss orders?  that would be cool if trevs sold at 1 penny on a stop loss and lost their toy money

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#14 2011-06-19 20:45:35

Re: BREAKING: Bitcoin market crashes. Everyone is dumping their bitcoins for pennies on the dollar.

This chart looks just like any typical pump n rape pink slip penny stock piece of shyt

http://bitcoincharts.com/charts/btcexUS … 1g10zm2g25


LOL

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#15 2011-06-19 20:47:22

Re: BREAKING: Bitcoin market crashes. Everyone is dumping their bitcoins for pennies on the dollar.

Put in buy orders for .001 dollars/bitcoin.  What could go wrong?

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#16 2011-06-19 20:48:53

Re: BREAKING: Bitcoin market crashes. Everyone is dumping their bitcoins for pennies on the dollar.

wrote:

This chart looks just like any typical pump n rape pink slip penny stock piece of shyt

http://bitcoincharts.com/charts/btcexUS … 1g10zm2g25


LOL

I don't understand that chart confused

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#17 2011-06-19 20:51:49

Re: BREAKING: Bitcoin market crashes. Everyone is dumping their bitcoins for pennies on the dollar.

wrote:

This seems like it was a good idea ...

Uhh, no.
\
butthead

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#18 2011-06-19 20:57:17

Re: BREAKING: Bitcoin market crashes. Everyone is dumping their bitcoins for pennies on the dollar.

wrote:

I don't understand that chart confused

Volume of 3000 bitcoins. That means if you want to sell more than 1000 or so bitcoins you have to bleed them out a few hundred at a time or sell for a penny.

Also, look at the price get bitch slapped up and down like a good little rape victim.

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#19 2011-06-19 20:58:44

Re: BREAKING: Bitcoin market crashes. Everyone is dumping their bitcoins for pennies on the dollar.

wrote:

http://forum.bitcoin.org/index.php?topic=19543.0

Mt. Gox database leaked. All hell is breaking lose. IRS and FBI are investigating Bitcoin trader networks.

lol

repost please

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#20 2011-06-19 21:04:34

Re: BREAKING: Bitcoin market crashes. Everyone is dumping their bitcoins for pennies on the dollar.

wrote:

repost please

Post removed by FBI.

Here's the meta discussion over at HN:
http://news.ycombinator.com/item?id=2671612

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#21 2011-06-19 21:07:44

Re: BREAKING: Bitcoin market crashes. Everyone is dumping their bitcoins for pennies on the dollar.

fuqing lol

It looks like all those bad ass GPU miner rigs that are great for cracking hashes are also great at cracking people's hashed passwords.

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#22 2011-06-19 21:12:54

Re: BREAKING: Bitcoin market crashes. Everyone is dumping their bitcoins for pennies on the dollar.

wrote:

Post removed by FBI.

Here's the meta discussion over at HN:
http://news.ycombinator.com/item?id=2671612

WTF? No idea what's going on there. Something about a Mt. Gox??

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#23 2011-06-19 21:13:40

Re: BREAKING: Bitcoin market crashes. Everyone is dumping their bitcoins for pennies on the dollar.

For context:

Remember when the fuqed forum database got leaked and everyone's passwords got owned in about 2 weeks via rainbow tables / hash reverse lookup?

Imagine 200 spankys with SLI GPU clusters and a cracked hash means hundreds to thousands of dollars in their pocket with which they can buy taco bell burritos.

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#24 2011-06-19 21:16:08

Re: BREAKING: Bitcoin market crashes. Everyone is dumping their bitcoins for pennies on the dollar.

wrote:

WTF? No idea what's going on there. Something about a Mt. Gox??

The hash table db got leaked.  Anyone using passwords like "password", "1234" etc have already had their accounts looted.  Anyone with an unsalted hash will loose their money in hours.

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#25 2011-06-19 21:17:24

Re: BREAKING: Bitcoin market crashes. Everyone is dumping their bitcoins for pennies on the dollar.

wrote:

For context:

Remember when the fuqed forum database got leaked and everyone's passwords got owned in about 2 weeks via rainbow tables / hash reverse lookup?

Imagine 200 spankys with SLI GPU clusters and a cracked hash means hundreds to thousands of dollars in their pocket with which they can buy taco bell burritos.

http://mytechencounters.wordpress.com/2 … phic-card/

Brute force crack any random 7 char password in 2 minutes instead of 4 days. 8 char passwords fall easily too.

Word to your mutha.

rockon

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