Bitcoin Forum

Economy => Speculation => Topic started by: adamstgBit on September 07, 2012, 04:47:26 PM



Title: [Daily Speculation Poll] :: Will it Hold
Post by: adamstgBit on September 07, 2012, 04:47:26 PM
10$


Title: Re: [Daily Speculation Poll] :: Will it Hold
Post by: SlaveInDebt on September 07, 2012, 04:52:11 PM


Title: Re: [Daily Speculation Poll] :: Will it Hold
Post by: crazyates on September 07, 2012, 05:07:02 PM
What's a Pirce? I voted yes for the hell of it.


Title: Re: [Daily Speculation Poll] :: Will it Hold
Post by: ElectricMucus on September 07, 2012, 05:07:17 PM
∄∫BTC/$dt


Title: Re: [Daily Speculation Poll] :: Will it Hold
Post by: adamstgBit on September 07, 2012, 05:42:54 PM
just for fun,
If a falling knife of death appeared at what price will would you try to catch it IF you had 1,000,000$?



Title: Re: [Daily Speculation Poll] :: Will it Hold
Post by: ElectricMucus on September 07, 2012, 05:55:32 PM
I wouldn't because a knife of death would need serious issues in the order of a broken protocol for it to happen.


Title: Re: [Daily Speculation Poll] :: Will it Hold
Post by: adamstgBit on September 07, 2012, 06:09:47 PM
I wouldn't because a knife of death would need serious issues in the order of a broken protocol for it to happen.

I mean someone starts to cash out +20K BTC and everyone jumps ship at the same time.... you know like the crash from 15 to 7

do you remember how ridiculous that was? that's what i mean when i say "falling knife of death"

is this even a possibly anymore, are the people holding large amounts of coins sitting on 1000%+ profit anymore?


Title: Re: [Daily Speculation Poll] :: Will it Hold
Post by: ElectricMucus on September 07, 2012, 06:13:43 PM
I wouldn't because a knife of death would need serious issues in the order of a broken protocol for it to happen.

I mean someone starts to cash out +20K BTC and everyone jumps ship at the same time.... you know like the crash from 15 to 7

do you remember how ridiculous that was? that's what i mean when i say "falling knife of death"

is this even a possibly anymore, are the people holding large amounts of coins sitting on 1000%+ profit anymore?

I don't think it was ridiculous, it was a perfectly normal market reaction to pirate default.

In case of a major sellof I would place half of it around 4.x and make a market order with the other half after the wall has been eaten. But then again this depends on the circumstances if there is a fundamental indicator that the long term bull market is over I might wait longer.