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Author Topic: 10,000 BTC Up or Down - Just a Little Patience... Yeaaaa.  (Read 645 times)
Stratobitz (OP)
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January 13, 2015, 03:22:25 PM
 #1

A 10,000 BTC Buy on Bitfinex would have to buy all the way up to $351.

A 10,000 BTC Sell on Bitfinex would sell the price down to $206.

Current Price $233

Just remember everyone. Smart investors have patience.

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shirkan
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January 13, 2015, 03:24:57 PM
 #2

wait a minute, the way down is easier?

Since most people prefer to take the easier way, I might just take the easier way..

Stratobitz (OP)
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January 13, 2015, 03:26:56 PM
 #3

wait a minute, the way down is easier?

Since most people prefer to take the easier way, I might just take the easier way..

It could be viewed that if one wanted to buy 10,000 BTC, it would cost quite a bit more than current price.

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damiano
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January 13, 2015, 06:55:31 PM
 #4

If there is going to be a selling / short it will be far for than 10k next round.  Breaking through $200 would be the obvious goal
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