Bitcoin Forum

Economy => Speculation => Topic started by: blatchcorn on May 05, 2014, 05:25:36 PM



Title: I have also given up
Post by: blatchcorn on May 05, 2014, 05:25:36 PM
With all the huge progress in the bitconomy, from constant stream of new start-ups, I could no longer resist buying some new and cheap coins.

I hope my spike in the price does not do too much harm to the shorters.


Title: Re: I have also given up
Post by: blatchcorn on May 05, 2014, 05:54:36 PM
How many coins you are planning to buy..? which you think will make some kinda noticeable spike in price..! 
Just happened.


Title: Re: I have also given up
Post by: MatTheCat on May 05, 2014, 06:01:43 PM
How many coins you are planning to buy..? which you think will make some kinda noticeable spike in price..! 
Just happened.

Was that you who took ~250 BTC at around $427?

If so you will be happy to know that you never caused a spike in price. Less than 20 BTC have since been sold at prices between $427 - $432.29. Doesn't really look like there are many other buyers piling in either so you can sleep well knowing that you aren't burning any poor shorts.



Title: Re: I have also given up
Post by: blatchcorn on May 05, 2014, 06:08:35 PM
How many coins you are planning to buy..? which you think will make some kinda noticeable spike in price..! 
Just happened.

Was that you who took ~250 BTC at around $427?

If so you will be happy to know that you never caused a spike in price. Less than 20 BTC have since been sold at prices between $427 - $432.29. Doesn't really look like there are many other buyers piling in either so you can sleep well knowing that you aren't burning any poor shorts.


Quite possibly  ;)


Title: Re: I have also given up
Post by: MatTheCat on May 05, 2014, 06:20:22 PM
Quite possibly  ;)

Ach well, that will be another 250 block to be panic sold into a waterfall in sub $340 range. Bitcoin will no doubt need a good few of those to get down to the strong $260 support line that Bitcoin needs to test.