Bitcoin Forum

Economy => Speculation => Topic started by: Bigpiggy01 on January 04, 2012, 12:41:23 PM



Title: Nagle was right negative prices reached
Post by: Bigpiggy01 on January 04, 2012, 12:41:23 PM
Negative prices reached  ;)

http://imgur.com/XTajw




Title: Re: Nagle was right negative prices reached
Post by: BTCurious on January 04, 2012, 01:53:52 PM
Negative prices reached  ;)

http://imgur.com/XTajw.png
FTFY.

Also, nice :D Now only if that was 1000 BTC :P


Title: Re: Nagle was right negative prices reached
Post by: Crypt_Current on January 04, 2012, 02:07:34 PM
HA, yeah I did the same thing the other day before I liquidated my long position; sold all but one just to see what it would say the base price was.  Like -$87 or some such.  So at that point someone had apparently paid me $87 to take that bitcoin.   ;D


Title: Re: Nagle was right negative prices reached
Post by: BTCurious on January 04, 2012, 02:10:18 PM
Imagine bitcoin crashing to its doom, and the mtgox price being nearly zero. Bitcoinica's sell rate would be negative, meaning you'd have to pay to get rid of your coins :P