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Author Topic: BULL TRAP = SELL and Minimize loss!  (Read 1480 times)
gizmoh (OP)
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April 10, 2013, 09:51:25 PM
 #1

Its probably a double dip, Gox still lagging inspire no confidence to newcomers, new investors are sure to get scared now.

How Ripple Rips you: "The founders of Ripple Labs created 100 billion XRP at Ripple's inception. No more can be created according to the rules of the Ripple protocol. Of the 100 billion created, 20 billion XRP were retained by the creators, seeders, venture capital companies and other founders. The remaining 80 billion were given to Ripple Labs. Ripple Labs intends to distribute and sell 55 of that 80 billion XRP to users and strategic partners. Ripple Labs also had a giveaway of under 200 million XRP (0.002% of all XRP) via World Community Grid that was later discontinued.[29] Ripple Labs will retain the remaining 25 billion"
_mr_e
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April 10, 2013, 09:52:38 PM
 #2

Gox is the only exchange out there. Fools.
gizmoh (OP)
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April 10, 2013, 09:52:55 PM
 #3

Dropping to 159 as of writing..

How Ripple Rips you: "The founders of Ripple Labs created 100 billion XRP at Ripple's inception. No more can be created according to the rules of the Ripple protocol. Of the 100 billion created, 20 billion XRP were retained by the creators, seeders, venture capital companies and other founders. The remaining 80 billion were given to Ripple Labs. Ripple Labs intends to distribute and sell 55 of that 80 billion XRP to users and strategic partners. Ripple Labs also had a giveaway of under 200 million XRP (0.002% of all XRP) via World Community Grid that was later discontinued.[29] Ripple Labs will retain the remaining 25 billion"
bitcon
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April 10, 2013, 09:55:19 PM
 #4

coins moving to stronger hands
gizmoh (OP)
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April 10, 2013, 09:58:03 PM
 #5

First time yea a bully gets the coins for low.. now its falling again.. no DDOS this time, just loss of confidence..150 now..

How Ripple Rips you: "The founders of Ripple Labs created 100 billion XRP at Ripple's inception. No more can be created according to the rules of the Ripple protocol. Of the 100 billion created, 20 billion XRP were retained by the creators, seeders, venture capital companies and other founders. The remaining 80 billion were given to Ripple Labs. Ripple Labs intends to distribute and sell 55 of that 80 billion XRP to users and strategic partners. Ripple Labs also had a giveaway of under 200 million XRP (0.002% of all XRP) via World Community Grid that was later discontinued.[29] Ripple Labs will retain the remaining 25 billion"
rammy2k2
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April 10, 2013, 10:00:59 PM
 #6

its going down in real time  Undecided Undecided
NamelessOne
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April 10, 2013, 10:01:37 PM
 #7

First time yea a bully gets the coins for low.. now its falling again.. no DDOS this time, just loss of confidence..150 now..

Do you expect markets to travel in straight lines? Because guess what... they don't. Of course it will zig zag.
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April 10, 2013, 10:03:20 PM
 #8

You're free to do what you want, but the way I see it, panic selling is just as silly as panic buying.

I'd rather rebuy the coins that I sold back when we broke through 150. Smiley

If there is something that will make Bitcoin succeed, it is growth of utility - greater quantity and variety of goods and services offered for BTC. If there is something that will make Bitcoin fail, it is the prevalence of users convinced that BTC is a magic box that will turn them into millionaires, and of the con-artists who have followed them here to devour them.
ehoffman
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April 10, 2013, 10:07:13 PM
 #9

135 now

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jago25_98
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April 10, 2013, 10:07:29 PM
 #10

I think it's a good thing because now we have the possibility of headlines as "Bitcoin fails again" and so on... people may think "I thought it already crashed" and then might just get it

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Elwar
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April 10, 2013, 10:08:45 PM
 #11

Yes, please sell.

Perhaps invest in a nice set of Justin Bieber tickets.

First seastead company actually selling sea homes: Ocean Builders https://ocean.builders  Of course we accept bitcoin.
BitcoinAshley
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April 10, 2013, 10:34:29 PM
 #12

I think it's a good thing because now we have the possibility of headlines as "Bitcoin fails again" and so on... people may think "I thought it already crashed" and then might just get it


Eventually they'll catch on when they see a fine piece of laptop journalism every week claiming "Bitcoin bubble finally pops!"
"Wait... didn't I see that headline last week... and the week before... and bitcoin price is twice what it was a month ago... HMMMMMM" *scratches head*
"Oh well it's probably a ponzi scheme, I'll keep putting my USD in a FDIC-insured savings account getting 1% interest... "

Remember, we're not dealing with particularly bright people here. Meanwhile, the list of countries with savings-confiscation-enabled legislation continues to grow...
EuroTrash
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April 10, 2013, 10:35:57 PM
 #13

I believe that one Manipulator with deep pockets has decided to do two tree shakes in a row - and during both of them he has bought back for profit around 135$.

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