[Daily Speculation Poll] :: Will it Hold

[adamstgBit]

10$

[SlaveInDebt]

[crazyates]

What's a Pirce? I voted yes for the hell of it.

[ElectricMucus]

∄∫BTC/$dt

[adamstgBit]

just for fun,
If a falling knife of death appeared at what price will would you try to catch it IF you had 1,000,000$?

[ElectricMucus]

I wouldn't because a knife of death would need serious issues in the order of a broken protocol for it to happen.

[adamstgBit]

I wouldn't because a knife of death would need serious issues in the order of a broken protocol for it to happen.

I mean someone starts to cash out +20K BTC and everyone jumps ship at the same time.... you know like the crash from 15 to 7

do you remember how ridiculous that was? that's what i mean when i say "falling knife of death"

is this even a possibly anymore, are the people holding large amounts of coins sitting on 1000%+ profit anymore?

[ElectricMucus]

I wouldn't because a knife of death would need serious issues in the order of a broken protocol for it to happen.

I mean someone starts to cash out +20K BTC and everyone jumps ship at the same time.... you know like the crash from 15 to 7

do you remember how ridiculous that was? that's what i mean when i say "falling knife of death"

is this even a possibly anymore, are the people holding large amounts of coins sitting on 1000%+ profit anymore?

I don't think it was ridiculous, it was a perfectly normal market reaction to pirate default.

In case of a major sellof I would place half of it around 4.x and make a market order with the other half after the wall has been eaten. But then again this depends on the circumstances if there is a fundamental indicator that the long term bull market is over I might wait longer.