Ok serious question. Why do people start to panic sell on Stamp when Gox prices go down?
Huobi bots track Gox -> Huobi users follow the local bots -> Stamp users/bots follow Huobi. Chain reaction. Hm ok. |
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Ok serious question. Why do people start to panic sell on Stamp when Gox prices go down?
Where do you see panic selling? Not on a large scale but obviously people are quickly selling because Gox is going down. I call that panic. Why would people do that. Is there a reason i didn't think of or just pure stupidity? You sound kind of judgmental about that... it's just the market, relax. Remember how Bitstamp, the old bear, kept pulling the rest down when gox was trying a rally? So, now it's the other way around. I don't see sub-500 coins on gox and plus-600 coins on stamp as a stable situation. And right now, it's more likely to resolve downwards then upwards IMO. I understand how it normally would react to eachother but as far as i know Gox prices aren't relevant anymore. It's a non functioning exchange. Why would someone trading on Stamp even pay attention to gox anymore. |
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Ok serious question. Why do people start to panic sell on Stamp when Gox prices go down?
Where do you see panic selling? Not on a large scale but obviously people are quickly selling because Gox is going down. I call that panic. Why would people do that. Is there a reason i didn't think of or just pure stupidity? |
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Ok serious question. Why do people start to panic sell on Stamp when Gox prices go down?
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All this selling on gox doesnt make much sense to me
It's gonna take the other exchanges with it. Because that's how dumb the sheep are. |
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I have the feeling we'll see another dump on stamp soon which will take us to 600. And there people will completely poop their pants for a few days and finally panic sell to Gox levels.
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your feelings matter but you're ostensibly a man, so you should know that they don't. Seriously, if you think like that then your idea of being a 'man' is pretty juvenile and you are a pretty strong contender to have mental health issues. You could argue that emoting is more useful than thinking. You would be wrong, but you could argue that. What you can't credibly say is that juveniles more typically act on what they think as opposed to what they feel, especially when compared to mature adults. You just discredit yourself when you do that. Same goes for comparing men to women, unless you get all your info from The View. God, you're annoying. On ignore. Bye. |
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I know but it feels different this time. Mainly because people don't care about good news anymore. Which was the reason we always went up before. They completely ignore that now. The only thing on their mins since jan 1 is sell sell sell.
I don't think we've had this happen before.
When people start saying "it's different this time", it's usually an indicator of a market turning. Sorry but reading some of your posts you seem completely delusional. Yeah, I prolly looked delusional when I started buying in at $6/BTC too. To be fair, it did drop down to $3/BTC after that, so I don't pretend to be good at market timing. I just know that this too shall pass. You could have bought at .10 and still be completely delusional. |
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So nothing really. As most of the times. Panic selling because there might be panic selling.
Really at which point is this gonna stop? How is it gonna stop? When we reach the bottom? Is everybody happy then?
Can't these people really not understand the simple concept that what they are doing is exactly the reason why their coins lose value? And that is exactly what they fear? How silly can it get?
You've been through this before, Shrooms. You know this is only temporary. I know but it feels different this time. Mainly because people don't care about good news anymore. Which was the reason we always went up before. They completely ignore that now. The only thing on their mins since jan 1 is sell sell sell. I don't think we've had this happen before. When people start saying "it's different this time", it's usually an indicator of a market turning. "Stock prices have reached what looks like a permanently high plateau." ~Irving Fisher, 1929 The "new Economy", profits don't matter~ everybody, 1999 nice quotes to ease the panic  So you turned into a bear like me?  Never a bear but i did lose the convidence i've always had. Still i won't sell. All or nothing. |
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So nothing really. As most of the times. Panic selling because there might be panic selling.
Really at which point is this gonna stop? How is it gonna stop? When we reach the bottom? Is everybody happy then?
Can't these people really not understand the simple concept that what they are doing is exactly the reason why their coins lose value? And that is exactly what they fear? How silly can it get?
You've been through this before, Shrooms. You know this is only temporary. I know but it feels different this time. Mainly because people don't care about good news anymore. Which was the reason we always went up before. They completely ignore that now. The only thing on their mins since jan 1 is sell sell sell. I don't think we've had this happen before. When people start saying "it's different this time", it's usually an indicator of a market turning. Sorry but reading some of your posts you seem completely delusional. |
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I know but it feels different this time. Mainly because people don't care about good news anymore. Which was the reason we always went up before. They completely ignore that now. The only thing on their mins since jan 1 is sell sell sell.
I don't think we've had this happen before.
Could be that a great majority of the newcomers were expecting great gains in short time periods. Obviously a lot of people bought at 900+ so i bet tons of them must be panic selling now with a big loss. I guess they will learn the hard way when they panic buy back in when we go up again. Some of them, yes. Most of them, well... They sell high and buy low  Sure they do. |
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I know but it feels different this time. Mainly because people don't care about good news anymore. Which was the reason we always went up before. They completely ignore that now. The only thing on their mins since jan 1 is sell sell sell.
I don't think we've had this happen before.
Could be that a great majority of the newcomers were expecting great gains in short time periods. Obviously a lot of people bought at 900+ so i bet tons of them must be panic selling now with a big loss. I guess they will learn the hard way when they panic buy back in when we go up again. |
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Fear! The air is ripe with it!
(yes, I am enjoying this. You can see some of those in here who are laughing at panic sellers are themselves starting to panic.)
If you are talking to me, i don't trade so i don't panic. Even if it goes to 0 i can't even lose money anymore. |
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So nothing really. As most of the times. Panic selling because there might be panic selling.
Really at which point is this gonna stop? How is it gonna stop? When we reach the bottom? Is everybody happy then?
Can't these people really not understand the simple concept that what they are doing is exactly the reason why their coins lose value? And that is exactly what they fear? How silly can it get?
You've been through this before, Shrooms. You know this is only temporary. I know but it feels different this time. Mainly because people don't care about good news anymore. Which was the reason we always went up before. They completely ignore that now. The only thing on their mins since jan 1 is sell sell sell. I don't think we've had this happen before. |
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What's today's reason for the sheep to panic btw?
Fear? Insecurity? Who knows. So nothing really. As most of the times. Panic selling because there might be panic selling. Really at which point is this gonna stop? How is it gonna stop? When we reach the bottom? Is everybody happy then? Can't these people really not understand the simple concept that what they are doing is exactly the reason why their coins lose value? And that is exactly what they fear? How silly can it get? |
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What's today's reason for the sheep to panic btw?
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I enjoyed the Btc-e crash. Only wish I would have kept money aside for 100$. Bought in at $400.
At what point do people like you stop enjoying Bitcoin going down? 300? 100? 50? |
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Just keep dumping people. Keep pooping those pants. It's absolutely the smartest thing to do.
Why stop at 500 when we can go al the way to 200? Actually why stop there!
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Too bad we live in a practical and not a technical world. That's the thing you'd expect from a lawyer.
what? blitz, u are against btc? No, our mod is one of the biggest and dumbest trolls on this forum. |
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You mad, MtGox haters? It's Bitcoin that is shit. Gavin Andresen and Jeff Garzik have been exposed as Bitcoin marketeers "There is absolutely no problem here guys".
The idiot mod is trolling again i see. |
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