Bitcoin Forum

15K BTC sold from ~$5.14 to ~$4.99.

As I'm posting, the spread is so big that it actually bounced back up to $5.14 afterwards.

i know the price has been fairly stable for quite some months now, but every time i see a new rally/crash thread i still expect to see the price doubled/halved.

then i check and it's only moved like 3%

But bitcoin is too volatile to be taken seriously :p.

The volume was more impressive to me than the price change.  When the volume is a couple hundred BTC per hour and then all of a sudden a massive 15k dump happens, it's news.

Time to get them cheap  ;D

LOL wow a whole 15 cent spread.

hahahahaha this is funny in hind sight.

wtf, smoothie? necroposting like that is pretty low, dude. Noone notice you any more? Maybe your ignore-score is the problem.

apart from that: you have a very good point: in bitcoin, as in any other bull market, the best strategy is to hold you position on the way up.

^ word this.  I was actually almost scared for a split second.

Aww you need some attention? ...seeing that you have a molecular penis? Lol

cut the crap

 :P :P :P

Get out of my pants, sucker! Thanks for the attention, though. Feels gooood!

OMG HAX

Hey buddy you need to read things within context.

Sorry bro I don't swing that way. I'm sure you would like that but it aint happening.

 :D :D :D

Remember next time to call me before you necro a thread please

As much as everyone in this thread is trolling each other, it really is interesting to be reminded how things have changed since OP.

hardly been half a year since then. bitcoin is so bullish

let's see if we can manage to necro this thread once again in 6 months ;)

we'll insult each other for a bit and then affirm that the market has been amazingly bullish.

we should do this twice a year, I think.

^ excellent idea... www.bitcointraditions.com ? or something similar.  unless its already been done.

And not so surprisingly, there is an almost identical thread started today! Why do people keep starting the exact same thread over and over again?

"Hey, the price moved, what could it be?"
"Nobody knows."

The only exception was one time somebody posted "Why did the price just plummet?"  and everybody was like "Didn't you hear, Pirate just shut down his ponzi scheme."

it's been half a year since this post:


so hey smoothie you fucktwit, hasn't the market been amazingly bullish?


So in the 6 months from April 2012 to November 2012 bitcoin went from $5 to $10 (+100%) and we freaked out about it. From November 2012 to Mai 2013 it went from $10 to $90 (+900%).

I'd say the bolded part above was a good suggestion... the market got even more bullish while reading smoothies posts became more pleasent in general.

amazing times.

in 6 months, 1000? Impossible!

Well that said that only puts a market cap of 11 billion on bitcoin.

why didnt you resurrect this post when the price was at $260 instead?

tug tug on molecular ego

By a strange coincidence, 15K BTC bought at exactly the same time!!  It's almost like there's a conservation principle!?

So waiting 1 year would have given you 1,350,000$ more - or 3,915,000$ with really good timing.

Makes you think about daytrading, doesn't it?

yeah, well actually for me it looks like it's going to be "screw daytrading". You have to do it right (which takes a lot of devotion) to beat the simple "hold" strategy. "Hold" requires no devotion or time which is then free for other things.

Funny to see how people would make a big deal about that volume :P This is just an hourly occurrence now haha.

I'm quite conservative so I'll allow 18 months for mBTC-dollar parity. :)

zOMG guys we moved a whole 15 cents!  :D :D :D

actually 15 cents was 3% back then. Equivalent would be 3$ at todays prices.