Bitcoin Forum

Economy => Economics => Topic started by: Oldminer on July 03, 2011, 03:10:56 AM



Title: Good time to sell them coins
Post by: Oldminer on July 03, 2011, 03:10:56 AM
We're well into the weekend and the price is going down as per usual.

Best you all sell them coins now lest you get raped

Just sayin'


Title: Re: Good time to sell them coins
Post by: SlipperySlope on July 03, 2011, 03:35:02 AM
Do you hold any bitcoins?

If you have sold yours expecting a dip, at what price point would you buy them back?




Title: Re: Good time to sell them coins
Post by: peach on July 03, 2011, 03:42:03 AM
http://scrapetv.com/News/News%20Pages/Everyone%20Else/images-3/you-gonna-get-raped.jpg
(picture features the owner of MtGox, a popular Bitcoin exchange)

A++++ THREAD, WOULD CLICK AGAIN!!


Title: Re: Good time to sell them coins
Post by: killer2021 on July 03, 2011, 03:44:45 AM
buy high sell low :)


Title: Re: Good time to sell them coins
Post by: Oldminer on July 03, 2011, 03:45:27 AM
buy high sell low :)

- Bernanke


- Fixed


Title: Re: Good time to sell them coins
Post by: Jaime Frontero on July 03, 2011, 05:13:38 AM
buy high sell low :)

- Bernanke


- Fixed

indeed.

say Oldminer - by the way...

i noticed your siggy has a marquee for Overplay VPN service.  i'm kinda looking for one.  do they take Bitcoin?  didn't see the option on their site...


Title: Re: Good time to sell them coins
Post by: Oldminer on July 03, 2011, 05:14:58 AM

i noticed your siggy has a marquee for Overplay VPN service.  i'm kinda looking for one.  do they take Bitcoin?  didn't see the option on their site...

Unfortunately no, I dont think so.


Title: Re: Good time to sell them coins
Post by: dinzy on July 03, 2011, 04:16:03 PM
well someone is buying with confidence at 15.63.  I suspected it was another shill, but they bought up a few hundred so far.


Title: Re: Good time to sell them coins
Post by: GeniuSxBoY on July 04, 2011, 02:04:20 AM
^troll


Title: Re: Good time to sell them coins
Post by: netrin on July 04, 2011, 02:26:52 AM
^troll

irony, satire, or sarcasm, you choose.


Title: Re: Good time to sell them coins
Post by: Oldminer on July 04, 2011, 03:09:31 AM
^troll

irony, satire, or sarcasm, you choose.

^^ lol


Title: Re: Good time to sell them coins
Post by: xali on July 04, 2011, 09:32:53 AM
why isn't this thread closed and op banned yet?

.../b/itcoin lulz


and by the way... DON'T SELL. IF YOU SELL THE PRICE WILL DROP MORE. BUY INSTEAD SO THAT THE PRICE CAN GO UP. SELL IN A MONTH.


Title: Re: Good time to sell them coins
Post by: Kman54 on July 04, 2011, 07:32:57 PM
yup please sell, its the only sensible plan :P - man this btc market is getting silly.


Title: Re: Good time to sell them coins
Post by: Oldminer on July 04, 2011, 07:35:34 PM
Rape in progress   ;D


Title: Re: Good time to sell them coins
Post by: LokeRundt on July 04, 2011, 07:56:45 PM
yup please sell, its the only sensible plan :P - man this btc market is getting silly.


fixed it for you


Title: Re: Good time to sell them coins
Post by: mizike29 on July 05, 2011, 03:14:02 AM
I got a bunch of coins in at 14 bux, definitely want to see that go the opposite way AWAY FROM 13 BUX we need higher price and stability.


Title: Re: Good time to sell them coins
Post by: newMeat1 on July 05, 2011, 03:18:57 AM
I think a lot of this is caused by EVERYBODY having depth charts visible. It's, like, too much info. It messes with our heads and we do weird shit to try to break away from the herd.

Do "real" stock exchanges and stuff have depth charts? I've never seen anything like it when buying or selling stock. You just have to go with your gut and do a little research


Title: Re: Good time to sell them coins
Post by: d.james on July 05, 2011, 04:59:12 AM
The depth chart is rigged to have you make the expected decisions by the manipulators.

See those huge buy/sell side bars? these orders actually never gets executed, they act as a brackets so people trade within their range.


Title: Re: Good time to sell them coins
Post by: imperi on July 05, 2011, 05:03:59 AM
Also a good time to buy Namecoins... security through diversification (without needing fiat currency to be involved).


Title: Re: Good time to sell them coins
Post by: piramida on July 05, 2011, 08:00:41 AM
Do "real" stock exchanges and stuff have depth charts?

Yes, of course Forex does have a depth chart, because limit orders are public information and any good exchange can plot that.


Title: Re: Good time to sell them coins
Post by: evolve on July 05, 2011, 09:50:38 AM
http://www.youtube.com/watch?v=e3QRTToTLzI&feature=related


Title: Re: Good time to sell them coins
Post by: mizike29 on July 05, 2011, 02:51:06 PM
ALL I KNOW IS WERE GOING LOWER AGAIN TODAY FREAKING 12 bux a coin, what the hell is going on people >:(


Title: Re: Good time to sell them coins
Post by: Calibre on July 05, 2011, 04:02:13 PM
I think the long weekend in the US has caused an elongated weekend dip which in turn has shaken the confidence of the market. People sell out thinking it's a crash which drives prices down lower. The upcoming difficulty hike in just over a day is probably contributing too, with miners thinking about cashing out and selling up.

I expect to see it hit around seven or eight dollars before before prices start to rise again, but there's nothing to stop it from going lower than that. This is only really a problem if you're not in BItcoin for the long haul, I guess.


Title: Re: Good time to sell them coins
Post by: netrin on July 05, 2011, 04:29:51 PM
ALL I KNOW IS WERE GOING LOWER AGAIN TODAY FREAKING 12 bux a coin, what the hell is going on people >:(

Do CAPS make it more true?


Title: Re: Good time to sell them coins
Post by: netrin on July 05, 2011, 04:32:46 PM
I haven't been staring at the market depth (as I have on sleepless nights in the past), but it looks to me that the sellers are running out of coins. Unless people are moving coin into the market, there just won't be enough coin to trade and the price will reverse.