Bitcoin Forum

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these are the largest coin dumps I ever seen live... but they are being bought up like nothing

But if I sell my coins, how will I pay for the services and products that I buy for Bitcoins?

Nah, I will just hold them and keep on using them.

Okay everybody, just take a deep breath. Loosen your sphincters. We don't need any rush hour Rambos here.

Don't let logic get in the way of a good panic

Exactly, the same people who rant about "Evil speculators, hoarders, capitalists, who don't care about bitcoin's utility as a currency" are the same people telling us to sell all our coins into an epic bear trap so we don't have any to use as a currency...

In their socialist wet dream, Bitcoin never rose again after the '11 crash, and this is all an illusssiooonnnnn

I started it at 95 huraaahhhh bears well done!

We still aren't there yet.  There is still much denial but also a lot of fear....  Can't tell if this is pre bulltrap or just after.

Oh that's right... BTC doesn't react like other markets even though it is proving that is does for the second time.

Keep it coming, I love bacon.

Already sold it at 110.
Now I've left a bid at $30

You'll have to pry them from my cold, dead hands: Panic Holding.

It's interesting MtGox claimed that they try NOT to implement some circuit break system, showing they are really free market believer, not like FED at all

Bitcoin is not for the faint-hearted

What is funny is that I dont have to sell a single coin for a year if I wanted to. I am sure there are others in my same position.

Please sell your coins now.

Don't you think the bear trap was at $5, $6, $7, $9, $14, $16, $18, $21, $23, $25, $27, $34, $39, $47...???

Yes us Bulls are in such trouble right now.  ::) ::) ::)

So far anyone who bought over 68 67 is in trouble.  You got in early enough that you can probably ride this out if you want, but the thing is, if Gox's queue numbers are anything to go by, most bitcoin holders bought in the past 3 months or so.  This is what I said it was when the bubble was just beginning to burst -- a serious, possibly project killing catastrophe.

I don't have to explain my trades to you.  Feeling bitter?  I called it in the other thread and you dismissed me.  Sorry that you were wrong.. Again.  I called it right.  Not you.

Probably time for you to move on...

Translation: "Ahaaa na na nee boo boo I was right! You were wrong!"

Seriously? lol.

When did I ever ask you to explain your trades to me? Judging from your butt hurt response you sold coins between $5 and $40.

Did you buy back in higher??  ::) ::) ::) I just GOTTA know...lol

Read my past posts and you'll see when I sold.  I hide nothing.  You only make personal attacks and run.  I liked your posts at the beginning.  Now I see why your ignore is so bold.  Deal with it. I called it and you laughed when I did and you were wrong.  Off to ignore you go.

Sorry I made more money and will continue to make more money in this bubble than you.

Cheers.

I've noticed lately a lot of your posts are about how your ok, and how you don't need to worry.  That's cool.  But, like 99% of the rest of people who bought bitcoin are not you, and a significant portion of the not-you group bought recently and are not doing very well.

1. I made one post about that today. Previous to this I made only one other post that I can remember.

2. Since when do you know that 99% of people who bought bitcoins are suffering right now?

3. How is this any of my problem?

4. Are you hurt? Are you poor? Are you in the not-me group? If not, please step aside and pray for your $2 bitcoins.  :D

If you read my posts, I am telling people to sell. Not that I want them to lose money, but as VLADIMIR says, if you're going to ask and debate selling, just sell and get it over with.

 :D

I didn't claim 99% we're suffering.  Just that 99% of bitcoin owners are things in the universe that are not you.

So then by your logic there are only 100 people total? I am 1% and the other 99% are not me.

LOL

I've noticed a lot of Smoothie's post lately have been a biggest dick measuring contest.  I hope he's ok and he didn't lose to much being blinded by that last bull run.  I'm sorry I'm not 16 anymore smoothie and I don't need to prove anything, especially not to you.  I called it, you laughed.  You were wrong.  Deal with it.  I hope all is well and maybe you have an anger issue you need to talk to a professional about.  Seriously.  Just putting that out there in case no one else has.

Cheers

Yep, that's what I meant.

So you speak boldy, yet when called out, you run away like a pussy? lol

Good job buddy. ;D

The bigger the font size, the bigger the loss. Poor smoothie :(

Smart people who've held for a while and wanted to cash out would have sold at 40-50. Anything past that is basically just gambling or blind ideology

LOL i love your formula. If that was the case I would use smaller fonts to make more money.

ROFL!

I do feel bad for smoothie though.  It's hard to swallow the bitter pill of reality.  So I guess he feels he has to make up for the size of such a small penis through forum bets.  I foresee much more dick measuring contests via the internet by smoothie to deal with it though. God only knows if he can't compensate IRL.

 :'(

Sorry smoothie that you feel the need to always "justify".

Cheers

BTW, it's now $62.

lol, called it first.

What I find funny is that Bitcoiners puts me on ignore then talks about me.

LOL

Class act.  :D You sure showed me. haha

Have we hit despair yet?  I think we just hit it!  Thank god we are finally going to where we should be.

Am cool yet?

Those who sold at 240 start buying... slowly.

http://youtu.be/aqULxsNQefU

Best explanation of what's going on here:

http://www.youtube.com/watch?v=i0GW0Vnr9Yc (http://www.youtube.com/watch?v=i0GW0Vnr9Yc)

 ;D ;D

To me this look like a bubble, just inverse. In a bubble people wait for the peak to sell, now people wait for the bottom to buy

C'mon, guys, calm down.  Everything is going to turn out ok.  We've probably already put a bottom in place.  It'll wobble around for a long time, but things will be alright.

Ther's a psychological difference. Of course it is the same technically. But as we can see, most speculators act considering BTC is the (insanely) risky asset, and USD the safe heaven to retunt to.

Time to sell.

Welcome back, I missed you. I remember fondly when I bought at 2.50 and you said the price would drop to below $1. Started buying....

Let's the price go down...then we can buy more coins!!!

I don't think so.

Capital inflow ceases to exist. As long as this is the case we could crash further at any moment.

I'm surprised though, with the amount of VC capital coming in you'd think we'd see some more buying pressure. Bitcoin is a wild bitch.

how many times are we going to see this happen. Remember the US senator who was going to shut down bitcoin. lmfao!
i hope i can get some really cheap coins.  ;D

Sell moar!

Panic moar!

Be noob moar!  :P

I don't trade, but I do watch the charts a little for fun. Whenever they look like they do today, I start to get this sound running through my head as I imagine the reactions of some of the more skittish traders. The sound goes like this (http://www.youtube.com/watch?v=3-D_gP7hR6Q).