Bitcoin Forum

Economy => Economics => Topic started by: Fiyasko on October 17, 2011, 02:24:47 PM



Title: Holy F**k! 125k coins!
Post by: Fiyasko on October 17, 2011, 02:24:47 PM
Dammnit! somebody sold out his coin stash and dumped 125k coins into the market!! It'sa going down!!
http://nooooooooooooooo.com/


Title: Re: Holy F**k! 125k coins!
Post by: molecular on October 17, 2011, 02:26:09 PM
Dammnit! some sob sold out his coin stash and dumped 125k coins into the market
http://nooooooooooooooo.com/

why are you making a thread about this? also: it surely wasn't "some sob".


Title: Re: Holy F**k! 125k coins!
Post by: Fiyasko on October 17, 2011, 02:29:37 PM
Dammnit! some sob sold out his coin stash and dumped 125k coins into the market
http://nooooooooooooooo.com/

why are you making a thread about this? also: it surely wasn't "some sob".
lol okay, i'll change that. I wanted a good reason to use the NOOOOOO button.


Title: Re: Holy F**k! 125k coins!
Post by: BubbleBoy on October 17, 2011, 03:20:37 PM
What are you talking about ? There were several selloffs at various hours each in the 5.000-15.000 BTC range. There's no way to know it was a single person as opposed to multiple panic sells.


Title: Re: Holy F**k! 125k coins!
Post by: d.james on October 17, 2011, 04:02:52 PM
125k coins is not even worth half a million.


Title: Re: Holy F**k! 125k coins!
Post by: worldinacoin on October 17, 2011, 04:06:10 PM
But it should be enough to cause a drastic fall in the exchanges given the small scale of the bitcoin economy

125k coins is not even worth half a million.


Title: Re: Holy F**k! 125k coins!
Post by: d.james on October 17, 2011, 04:52:56 PM
125k coins is not even worth half a million.

yeah, it is worth 125k, which is a quarter of a million bitcoins. ;D

which is exactly my point, it's worth 125k, which is a quarter of a million bitcoins, is not even worth half a million  ;D


Title: Re: Holy F**k! 125k coins!
Post by: Bobnova on October 17, 2011, 05:12:10 PM
125k bitcoins is an 8th of a million bitcoins, which was around half a million bucks.


Title: Re: Holy F**k! 125k coins!
Post by: sadpandatech on October 17, 2011, 05:26:01 PM
125k bitcoins is an 8th of a million bitcoins, which was around half a million bucks.


  Aye, thank you, previous posters don't know maths.  

  Though it is unlikely there were enoguh buy orders holding at the previous 'price' to have absorbed all that at $500k in value. The 125k coins likely went for about $300k~ give or take $20k depending on what orders were in place to fill at the time.


Title: Re: Holy F**k! 125k coins!
Post by: dancupid on October 17, 2011, 05:29:56 PM
Dammnit! somebody sold out his coin stash and dumped 125k coins into the market!! It'sa going down!!
http://nooooooooooooooo.com/

Yeah, but people bought these - if someone sells it's because people want to buy


Title: Re: Holy F**k! 125k coins!
Post by: sadpandatech on October 17, 2011, 05:30:59 PM
Dammnit! somebody sold out his coin stash and dumped 125k coins into the market!! It'sa going down!!
http://nooooooooooooooo.com/

Yeah, but people bought these - if someone sells it's because people want to buy


   Andriod ninja nazi robots bought them all... With the sole purpose to resell as it slides back up.....