Bitcoin Forum

Bitcoin => Bitcoin Discussion => Topic started by: unemployed on June 05, 2011, 07:35:07 PM



Title: ATTENTION The market collapses! Sell as quickly as you can!!
Post by: unemployed on June 05, 2011, 07:35:07 PM
The market dropped 20%. Big fishes are selling. Quickly sell your BTC! In one hour it will be too late!!!


Title: Re: ATTENTION The market collapses! Sell as quickly as you can!!
Post by: mikewillz on June 05, 2011, 07:38:48 PM
http://datzwhatzup.net/entertain/wp-content/uploads/2010/09/kanye_shrug.jpg


Title: Re: ATTENTION The market collapses! Sell as quickly as you can!!
Post by: Anonymous on June 05, 2011, 07:39:44 PM
I just sold 100 Bitcoins for 5 dollars. Boy, I got lucky.


Title: Re: ATTENTION The market collapses! Sell as quickly as you can!!
Post by: stic.man on June 05, 2011, 07:46:02 PM
Fucking guy wants to create a panic just to buy some cheap coins


Title: Re: ATTENTION The market collapses! Sell as quickly as you can!!
Post by: ocharry on June 05, 2011, 07:48:42 PM
It's it the weekend. Isn't this normal?


Title: Re: ATTENTION The market collapses! Sell as quickly as you can!!
Post by: TraderTimm on June 05, 2011, 07:49:36 PM
Parent poster: Nice try chicken little.

Feel free to sell yours, I could use more :)


Title: Re: ATTENTION The market collapses! Sell as quickly as you can!!
Post by: mikewillz on June 05, 2011, 07:55:27 PM
Parent poster: Nice try chicken little.

Feel free to sell yours, I could use more :)

 ;D


Title: Re: ATTENTION The market collapses! Sell as quickly as you can!!
Post by: benx009 on June 05, 2011, 07:57:04 PM
So, just out of curiosity, why does the value of Bitcoin drop over weekends?


Title: Re: ATTENTION The market collapses! Sell as quickly as you can!!
Post by: Indemnified on June 05, 2011, 08:00:59 PM
So, just out of curiosity, why does the value of Bitcoin drop over weekends?

My guess is that it is harder to get new funds into Mt Gox on weekends (speaking from experience of one method I use).


Title: Re: ATTENTION The market collapses! Sell as quickly as you can!!
Post by: pindis on June 05, 2011, 08:01:30 PM
http://skepticalteacher.files.wordpress.com/2009/08/facepalm.jpg


Title: Re: ATTENTION The market collapses! Sell as quickly as you can!!
Post by: unemployed on June 05, 2011, 08:08:43 PM
Panic everywhere on all markets!! Mtgox shut off! I told you.


Title: Re: ATTENTION The market collapses! Sell as quickly as you can!!
Post by: Grant on June 05, 2011, 08:12:36 PM
The collapse was canceled due to lack of interest.  :P


Title: Re: ATTENTION The market collapses! Sell as quickly as you can!!
Post by: FreeMoney on June 05, 2011, 08:13:11 PM
So, just out of curiosity, why does the value of Bitcoin drop over weekends?

Because the cash flow MtGox<->USD slows (apparently some banks don't send money over weekends).

Wth? Everywhere I look today people saying this. On what other planet is a >20% increase a drop? Close of bizness Friday price was under $14.

Please go all out arbing this trend smarties.


Title: Re: ATTENTION The market collapses! Sell as quickly as you can!!
Post by: TraderTimm on June 05, 2011, 08:15:00 PM
Panic everywhere on all markets!! Mtgox shut off! I told you.

Umm.... no.

Mods, any way we can get the little-boy-who-cried-wolf here a little education in alarmist posts?


Title: Re: ATTENTION The market collapses! Sell as quickly as you can!!
Post by: Drifter on June 05, 2011, 08:18:50 PM
Mods, any way we can get the little-boy-who-cried-wolf here a little education in alarmist posts?

I sure as hell hope not. He can say whatever he pleases about the market.


Title: Re: ATTENTION The market collapses! Sell as quickly as you can!!
Post by: datguywhowanders on June 05, 2011, 08:56:59 PM
Please do cause a panic. I could use some cheap coins.


Title: Re: ATTENTION The market collapses! Sell as quickly as you can!!
Post by: Dude65535 on June 05, 2011, 09:23:19 PM

Wth? Everywhere I look today people saying this. On what other planet is a >20% increase a drop? Close of bizness Friday price was under $14.

Please go all out arbing this trend smarties.

The dip starts when buyers run low on money on the exchange, it does not start as soon as the banks close for the weekend. Because there have been dips on most weekends people save back some money to try to buy cheaper thereby making the dip come later.

I expect it each weekend but I have not been able to predict at what point in the weekend it will happen so I don't try to make money off it.


Title: Re: ATTENTION The market collapses! Sell as quickly as you can!!
Post by: luv2drnkbr on June 05, 2011, 09:28:19 PM
This is the first one of these I've ever made.  Just for you OP.

https://i.imgur.com/yKkCx.png


Title: Re: ATTENTION The market collapses! Sell as quickly as you can!!
Post by: piuk on June 05, 2011, 09:34:22 PM
don't panic mr mainwaring!

https://i.imgur.com/wCAU3.png


Title: Re: ATTENTION The market collapses! Sell as quickly as you can!!
Post by: Indemnified on June 05, 2011, 09:53:10 PM
Mods, any way we can get the little-boy-who-cried-wolf here a little education in alarmist posts?

I sure as hell hope not. He can say whatever he pleases about the market.

I more or less agree that he can say whatever he wants (yelling "fire" in a crowded theatre is not the same as the crass manipulation he is attempting).

I just hope that everyone realizes what a jerk he is, and prepares for all the manipulation attempts from every direction that will be coming our way as everyone from script kiddies to banksters try to take this game-changing technology down. Stay calm, make rational decisions.


Title: Re: ATTENTION The market collapses! Sell as quickly as you can!!
Post by: TraderTimm on June 05, 2011, 09:53:53 PM
Mods, any way we can get the little-boy-who-cried-wolf here a little education in alarmist posts?

I sure as hell hope not. He can say whatever he pleases about the market.

Oh, I don't want a ban - just a handy label perhaps? The responses are comedy gold.



Title: Re: ATTENTION The market collapses! Sell as quickly as you can!!
Post by: unemployed on June 06, 2011, 07:32:29 AM
Here it starts again!! MASSIVE drop in price! SELL OFF IMMEDIATELY or your money is gone!!!


Title: Re: ATTENTION The market collapses! Sell as quickly as you can!!
Post by: da2ce7 on June 06, 2011, 07:34:35 AM
Wth? Everywhere I look today people saying this. On what other planet is a >20% increase a drop? Close of bizness Friday price was under $14.

A drop of the USD's value v.s. bitcoin?


Title: Re: ATTENTION The market collapses! Sell as quickly as you can!!
Post by: mikewillz on June 06, 2011, 07:35:41 AM


Title: Re: ATTENTION The market collapses! Sell as quickly as you can!!
Post by: unclescrooge on June 06, 2011, 08:13:20 AM
The market dropped 20%. Big fishes are selling. Quickly sell your BTC! In one hour it will be too late!!!

Yes please sell so I can buy cheap bitcoins  :)


Title: Re: ATTENTION The market collapses! Sell as quickly as you can!!
Post by: Findeton on June 06, 2011, 08:21:33 AM
Yesterday I sold some of my btc at 17.7 and bought them back at 16.2. Thank you for thinking it would collapse, today I have more bitcoins!


Title: Re: ATTENTION The market collapses! Sell as quickly as you can!!
Post by: interfect on June 06, 2011, 08:26:19 AM
The market dropped 20%. Big fishes are selling. Quickly sell your BTC! In one hour it will be too late!!!

Yes please sell so I can buy cheap bitcoins  :)

No I want them. Dibs!


Title: Re: ATTENTION The market collapses! Sell as quickly as you can!!
Post by: cuddlefish on June 06, 2011, 08:36:34 AM
Quote from: The Bitcoin News Network
Bitcoin Economy Crashing, Says Trader Who Sold 10,000 BTC at $1 Each

A prominent trader said today that Bitcoins were inherently worthless, and should be sold immediately.

"The market dropped 20%. Big fishes are selling. Quickly sell your BTC!", says the trader, 'unemployed'. "In one hour it will be too late!!!"

This comes after recent reports of the trader moving more than $10,000 US dollars into popular exchange site MtGox.


Title: Re: ATTENTION The market collapses! Sell as quickly as you can!!
Post by: unemployed on June 08, 2011, 09:15:00 PM
I told you  ;D