Are you people insane ?

[Ploo]

Picking up free coins in these movements is incredibly greedy but ultimately it's a good thing for bitcoin. It moves coins from speculators attracted by incredible gains with no regard for what bitcoin is all about to players that are in it for the long haul. It's just a shame some have to lose money in the process.

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[PrymeTyme]

Why are you selling like hell!

This is not Bitcoin economy melting down !

You allowed MT. Gox to screw us again ?

What happened ?

u  should not be worried about sellers ! .. its the bulls who are in charge ! .. everyone who stands his ground will buy the shit out of such a sell off !

dont be afraid of the bears .. cause if ya afraid of bears u are a scared bull .. wich is much  worse 

[Herodes]

The way the price is jumping around, I wouldn't be surprised even at 300$.

[jorov]

I know fluctuations are normal.

Selling at 40 min lag is not normal though ...

I tried to BUY at 100 EUR and when my order had to be executed price was back to 130.

Some people placed MARKET orders!!! They lost a lot of $/B.

[ruski]

And here we go with the "stop selling, it'll be okay IF YOU JUST STOP SELLING!" begging...

I feel like I've travelled back in time to mid-2011 and I'm reading all the same posts again.

[HappyBitCoinUser]

LOL at MARKET orders. Esp during time of lag, omg lol hahah.

The smart thing to do is stop selling, but I want people to sell so I can buy it up cheap!

Thank you everyone who did a panic sell, you made me rich!

[XXthetimeisnowXX]

you sell in order to buy later cheaper BTC, if you are lucky!
this is the game
in BITSTAMP it was 78$ earlier!!!!!

I know!!! i couldn't believe it it was actually lower i asks going for low 60 for 20+ coins!!! pissed cuz i sold a few at 170 to help build the wall at 140 and i could have had some dumb ass sell me his coin for 60. son of a bitty! you take ten coins and you sell at 170 buy at 70 goes back to 170 you just made a thousand bucks. damn that 2020 hindsight.

[Akka]

What you just saw/still seeing is nothing but a wealth transfer from weak Hands to professional speculators.

Guess the new wealthy elite is going to be just the old guys again.

Really?

Because I made nearly two grand on the past day and a half of fluctuations, and it's not because I'm some cigar-smoking carpetbagger. In every bitcoin exchange of which I'm aware, there's no $10,000 minimum balances, no $7-per-trade fees, no whole-share granularity. Small guys have all the same tools as big guys.

If you want to fight turbulence, do it by trading against the wind. Sell a little when the price goes up. Buy a little when the price goes down. Anyone can do that, and by doing it they'll help stabilize the price and make money at the same time.

While I agree with you point that everyone can participate and that's a good thing, I can't belive you with you trading against the wind post.

If you had run this strategy all the way up from 12$ coins you would have took a massive loss (in coins).