Bitcoin Forum

Economy => Speculation => Topic started by: Minsc on September 16, 2011, 09:54:17 PM



Title: It seems nobody wants to pay $5 for a bitcoin anymore
Post by: Minsc on September 16, 2011, 09:54:17 PM
And those who did ran out of money.


Title: Re: It seems nobody wants to pay $5 for a bitcoin anymore
Post by: hiVe on September 16, 2011, 10:02:02 PM
Its a game, what do you expect friend?
Why would anyone pay 5 if it can be obtained [bought] cheaper... there's always someone willing to sacrifice a couple of %.


Title: Re: It seems nobody wants to pay $5 for a bitcoin anymore
Post by: Minsc on September 16, 2011, 11:39:40 PM
Wednesday night, someone who had all the buywalls from 5.01 to I think 5.40 decided to drop all their buywalls at once.

When someone sold 20,000 coins at once on Thursday, people started buying it up again eventually to 5.10.  Then they ran out of money for coins and stopped.

I wonder if they'll suddenly change their orders later to buy it higher or if buycoin is going to stay under $5 for good the rest of the month.  I suspect the later.