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Title: I have found the way to drive the price to ATH Post by: wobber on July 08, 2014, 06:43:15 PM I just need to convince at least 70% of the sellers on major exchanges to put asks at more than $1100.
Very interesting, if all would do the same we'd have this price in a few days. Maybe I should make a nice website www.sell-at-1100.com and make it popular for people that don't read the Speculation subforum. What do you say guys? Title: Re: I have found the way to drive the price to ATH Post by: dropt on July 08, 2014, 06:51:21 PM Greed would assure this will never happen. Knowing that everyone will place at $1100 means I should put mine at $1099.99, because what's a few cents if I sell first?
So now I see this guy at $1099.99 and say "shit, I'll just undercut that guy by a cent". So then I place my ask at $1099.98. After everyone's done fucking the other guy for their place in line the last guy says: "Shit, I'll just cut that other guy out by a cent", and places his ask at $624.99. Title: Re: I have found the way to drive the price to ATH Post by: twiifm on July 08, 2014, 06:59:48 PM Greed would assure this will never happen. Knowing that everyone will place at $1100 means I should put mine at $1099.99, because what's a few cents if I sell first? So now I see this guy at $1099.99 and say "shit, I'll just undercut that guy by a cent". So then I place my ask at $1099.98. After everyone's done fucking the other guy for their place in line the last guy says: "Shit, I'll just cut that other guy out by a cent", and places his ask at $624.99. Yeah classic case of prisoners dilemma Title: Re: I have found the way to drive the price to ATH Post by: RyNinDaCleM on July 08, 2014, 07:22:54 PM Greed would assure this will never happen. Knowing that everyone will place at $1100 means I should put mine at $1099.99, because what's a few cents if I sell first? So now I see this guy at $1099.99 and say "shit, I'll just undercut that guy by a cent". So then I place my ask at $1099.98. After everyone's done fucking the other guy for their place in line the last guy says: "Shit, I'll just cut that other guy out by a cent", and places his ask at $624.99. This exactly! They tried it in 2011. Don't you remember, wobber? You were here! The free market does what the free market does. There is no changing it Title: Re: I have found the way to drive the price to ATH Post by: Dragonkiller on July 08, 2014, 07:31:20 PM You get the award for the stupidest post of the day. Well done, you should be proud.
Title: Re: I have found the way to drive the price to ATH Post by: TheJuice on July 08, 2014, 07:37:19 PM I just need to convince at least 70% of the sellers on major exchanges to put asks at more than $1100. Very interesting, if all would do the same we'd have this price in a few days. Maybe I should make a nice website www.sell-at-1100.com and make it popular for people that don't read the Speculation subforum. What do you say guys? Why stop there? Let's make it 1 million.... (ill secretly sell at 999,999) Title: Re: I have found the way to drive the price to ATH Post by: wobber on July 08, 2014, 07:45:21 PM You get the award for the stupidest post of the day. Well done, you should be proud. Thank you! Title: Re: I have found the way to drive the price to ATH Post by: bangalore on July 08, 2014, 07:52:27 PM may be you need to try with a bot network :P not with sellers ;)
Title: Re: I have found the way to drive the price to ATH Post by: Xiaoxiao on July 08, 2014, 07:59:51 PM I just need to convince at least 70% of the sellers on major exchanges to put asks at more than $1100. Very interesting, if all would do the same we'd have this price in a few days. Maybe I should make a nice website www.sell-at-1100.com and make it popular for people that don't read the Speculation subforum. What do you say guys? Just make sure those people don't see this post. Title: Re: I have found the way to drive the price to ATH Post by: scarsbergholden on July 08, 2014, 08:02:22 PM I have asks from $710 - $760 and I don't plan on moving them. :) See you on the bounce down from there.
Title: Re: I have found the way to drive the price to ATH Post by: ElectricMucus on July 08, 2014, 08:31:02 PM simple question: are you trolling?
Title: Re: I have found the way to drive the price to ATH Post by: wobber on July 08, 2014, 08:52:37 PM simple question: are you trolling? no. Title: Re: I have found the way to drive the price to ATH Post by: ThomasCrowne on July 09, 2014, 07:23:30 AM Ahh to hell with it. Set your BTC prices @ $1,100 and turn IPO mode on!! ;)
Title: Re: I have found the way to drive the price to ATH Post by: Elwar on July 09, 2014, 07:42:44 AM Why would I sell at $1100?
Way too low. I can't even pay off my mortgage with that. Title: Re: I have found the way to drive the price to ATH Post by: Malin Keshar on July 09, 2014, 10:29:22 AM No, you should convince 70% of the people on exchanges to hodl or destroy their coins. Or convince them to load some 10's of billions on exchanges. There is a scarce resource, there is money in the market, only way to price go up is making the resource even more scarce, or by increasing the demand(=more money in the market), there is no workaround.
Title: Re: I have found the way to drive the price to ATH Post by: xybersurfer on July 09, 2014, 11:01:18 AM why don't you try publishing some news articles
Title: Re: I have found the way to drive the price to ATH Post by: Febo on July 09, 2014, 12:15:20 PM Greed would assure this will never happen. Knowing that everyone will place at $1100 means I should put mine at $1099.99, because what's a few cents if I sell first? So now I see this guy at $1099.99 and say "shit, I'll just undercut that guy by a cent". So then I place my ask at $1099.98. After everyone's done fucking the other guy for their place in line the last guy says: "Shit, I'll just cut that other guy out by a cent", and places his ask at $624.99. But then you will be BTC less and when we wil all set price at 1100, all world will get panic and all will start buying BTC for few days and we would just remove sell orders and set at 11k. Since you are greedy you will not be able to do that. Title: Re: I have found the way to drive the price to ATH Post by: spiderbrain on July 09, 2014, 12:35:49 PM Already got asks of $1500 and $2000 on stamp. Won't be too long now.
Title: Re: I have found the way to drive the price to ATH Post by: Benjig on July 09, 2014, 06:07:12 PM I just need to convince at least 70% of the sellers on major exchanges to put asks at more than $1100. Very interesting, if all would do the same we'd have this price in a few days. Maybe I should make a nice website www.sell-at-1100.com and make it popular for people that don't read the Speculation subforum. What do you say guys? You cannot convice anyone to do that, its like the pump and dumps organized by fontass, he was telling one price while at the end everybody was selling earlier Title: Re: I have found the way to drive the price to ATH Post by: Erdogan on July 10, 2014, 06:27:54 PM I just need to convince at least 70% of the sellers on major exchanges to put asks at more than $1100. Very interesting, if all would do the same we'd have this price in a few days. Maybe I should make a nice website www.sell-at-1100.com and make it popular for people that don't read the Speculation subforum. What do you say guys? In the free market, cartels don't work. It is really to profitable to set the ask just below the cartel price. Title: Re: I have found the way to drive the price to ATH Post by: Bit_Happy on July 11, 2014, 05:08:19 PM I just need to convince at least 70% of the sellers on major exchanges to put asks at more than $1100. Very interesting, if all would do the same we'd have this price in a few days. Maybe I should make a nice website www.sell-at-1100.com and make it popular for people that don't read the Speculation subforum. What do you say guys? My response is a bit more positive than most: You might actually convince a few people that they can get a much higher price for their BTC, and that can make some difference. :) |