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Title: Price stable. Good time for risk adverse people to dump? Post by: massivebitman on April 13, 2013, 06:50:35 AM The price seems stuck at 110.. and unlikely to rise too high for a while.
There is a huge buy wall, so if you had a lot of coin, I'm thinking maybe it'd be a good opportunity to dump at price. Sure it could/will go up but there's a lot of resistance for the price rising too high. I think a few people are looking to make their profits. So why not dump now? The risk adverse people must be thinking that. Another panic and the opportunity to sell out so easy won't be around for a while Title: Re: Price stable. Good time to dump? Post by: ruski on April 13, 2013, 06:52:14 AM See this post (https://bitcointalk.org/index.php?topic=175376.msg1826398#msg1826398)
. Is that 3.9006 bid yours? Trying to move the market are we? Title: Re: Price stable. Good time to dump? Post by: massivebitman on April 13, 2013, 06:52:58 AM See this post (https://bitcointalk.org/index.php?topic=175376.msg1826398#msg1826398) +1Title: Re: Price stable. Good time for risk adverse people to dump? Post by: simplydt on April 13, 2013, 02:48:39 PM The price seems stuck at 110.. and unlikely to rise too high for a while. There is a huge buy wall, so if you had a lot of coin, I'm thinking maybe it'd be a good opportunity to dump at price. Sure it could/will go up but there's a lot of resistance for the price rising too high. I think a few people are looking to make their profits. So why not dump now? The risk adverse people must be thinking that. Another panic and the opportunity to sell out so easy won't be around for a while If someone is gonna dump a lot of coins and doesn't want to hurt the market, they just have to do it on an alternate exchange, not mtgox. Or use all of the exchanges split evenly. Title: Re: Price stable. Good time for risk adverse people to dump? Post by: HappyBitCoinUser on April 13, 2013, 03:25:37 PM I been enjoying the roller coaster for last 2 weeks, but now with the price not budging, I'm getting bored :(
Title: Re: Price stable. Good time for risk adverse people to dump? Post by: ManBearPig on April 13, 2013, 04:11:09 PM Risk averse people shouldn't even know what Bitcoin means, let alone have money in Mt Gox, let alone hold Bitcoins!
Title: Re: Price stable. Good time for risk adverse people to dump? Post by: Kazu on April 13, 2013, 04:12:51 PM IMHO there is no risk in knowing what bitcoin means...
Title: Re: Price stable. Good time for risk adverse people to dump? Post by: HappyBitCoinUser on April 13, 2013, 04:29:59 PM bitcoin means easy profit
Title: Re: Price stable. Good time for risk adverse people to dump? Post by: Xiaoma on April 13, 2013, 08:29:52 PM I been enjoying the roller coaster for last 2 weeks, but now with the price not budging, I'm getting bored :( Funny I was thinking the same... but was feeling guilty to admit it :D Anyway looks like the price is steadily going down now, so maybe the OP was kind of right. |