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Blinken (OP)
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April 10, 2013, 07:00:07 PM
Last edit: April 10, 2013, 07:24:19 PM by Blinken |
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Somebody sold off 5,000 + coins this afternoon for around a million dollars driving the price from $260 to $150 $105 in a matter of hours.
Kind of sobering if you consider how many people have stashes with 20k or 30k.
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Bitcoin ♦♦♦ Trust in Mathematics, Not Bankers ♦♦♦
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fredi173
Newbie
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Activity: 52
Merit: 0
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April 10, 2013, 07:10:12 PM |
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Big day for the banks today  |
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baracuda
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April 10, 2013, 07:13:27 PM |
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Isn't that standard procedure for IPO's? The guys that got to the business in early own most of the shares.
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elvisrene
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April 10, 2013, 07:28:56 PM |
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that guy screw over so many people now there panic selling
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oaxaca
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April 10, 2013, 07:36:40 PM |
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I read it was a 60,000BTC trade. True story, I woke up this morning and considered selling (it was about 250USD). Didn't do it. Don't feel bad at all. Somebody sold off 5,000 + coins this afternoon for around a million dollars driving the price from $260 to $150 $105 in a matter of hours.
Kind of sobering if you consider how many people have stashes with 20k or 30k.
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DannyHamilton
Legendary
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April 10, 2013, 07:52:05 PM |
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I read it was a 60,000BTC trade.
- snip -
Source? |
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HBBZ
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April 10, 2013, 07:58:00 PM |
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I watched a free diving and surfing show today, it's exciting and fun. The price is going to restore in 2 days at the most.
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poblico
Member
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April 10, 2013, 08:05:24 PM |
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that guy screw over so many people now there panic selling
One $%£%$ is all is needed |
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nebulus
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April 10, 2013, 08:19:52 PM |
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Wowwzorz!
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Ekaros
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April 10, 2013, 08:29:47 PM |
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that guy screw over so many people now there panic selling
Free market is free. Everyone for themselves... Anyone with resources could have cashed out, and now cashed back in or at later point... |
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MikeH
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April 10, 2013, 08:47:46 PM |
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I guess on the plus side, there are a lot of bitcoins spread around to more people now - and it seems we're bouncing back, so far.
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sgbett
Legendary
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April 10, 2013, 08:58:25 PM |
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that guy screw over so many people now there panic selling
Free market is free. Everyone for themselves... Anyone with resources could have cashed out, and now cashed back in or at later point... Absolutely right. Why shouldn't they be allowed to sell, they sold into an order book full of people wanting to buy. The only shame here is that gox couldn't process it fast enough so it dragged on for hours. |
"A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution" - Satoshi Nakamoto*my posts are not investment advice*
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alexh
Member
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April 10, 2013, 09:11:03 PM |
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Somebody sold off 5,000 + coins this afternoon for around a million dollars driving the price from $260 to $150 $105 in a matter of hours. Do only 5000 coins have such an impact on the price...? |
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DannyHamilton
Legendary
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Activity: 3472
Merit: 4801
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April 10, 2013, 09:16:39 PM |
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Somebody sold off 5,000 + coins this afternoon for around a million dollars driving the price from $260 to $150 $105 in a matter of hours. Do only 5000 coins have such an impact on the price...? Another way to ask the question would be: Do only 500,000,000,000 Satoshi have such an impact on price? |
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