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Author Topic: Price stable. Good time for risk adverse people to dump?  (Read 966 times)
massivebitman
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April 13, 2013, 06:50:35 AM
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The price seems stuck at 110.. and unlikely to rise too high for a while.

There is a huge buy wall, so if you had a lot of coin, I'm thinking maybe it'd be a good opportunity to dump at price.

Sure it could/will go up but there's a lot of resistance for the price rising too high. I think a few people are looking to make their profits.

So why not dump now?

The risk adverse people must be thinking that. Another panic and the opportunity to sell out so easy won't be around for a while

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ruski
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April 13, 2013, 06:52:14 AM
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See this post
.
Is that 3.9006 bid yours? Trying to move the market are we?
massivebitman
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April 13, 2013, 06:52:58 AM
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+1

simplydt
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April 13, 2013, 02:48:39 PM
 #4

The price seems stuck at 110.. and unlikely to rise too high for a while.

There is a huge buy wall, so if you had a lot of coin, I'm thinking maybe it'd be a good opportunity to dump at price.

Sure it could/will go up but there's a lot of resistance for the price rising too high. I think a few people are looking to make their profits.

So why not dump now?

The risk adverse people must be thinking that. Another panic and the opportunity to sell out so easy won't be around for a while

If someone is gonna dump a lot of coins and doesn't want to hurt the market, they just have to do it on an alternate exchange, not mtgox. Or use all of the exchanges split evenly.
HappyBitCoinUser
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April 13, 2013, 03:25:37 PM
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I been enjoying the roller coaster for last 2 weeks, but now with the price not budging, I'm getting bored Sad
ManBearPig
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April 13, 2013, 04:11:09 PM
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Risk averse people shouldn't even know what Bitcoin means, let alone have money in Mt Gox, let alone hold Bitcoins!

I tweet crypto nonsense: https://twitter.com/DunningKruger_
Kazu
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April 13, 2013, 04:12:51 PM
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IMHO there is no risk in knowing what bitcoin means...

CoinLenders - Bitcoin Bank Script / Demo
1v.io/kazu - 15ccW7m6RxDFWEKc3P1NdwWpX1N1pU7gZ8
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April 13, 2013, 04:29:59 PM
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bitcoin means easy profit
Xiaoma
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April 13, 2013, 08:29:52 PM
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I been enjoying the roller coaster for last 2 weeks, but now with the price not budging, I'm getting bored Sad

Funny I was thinking the same... but was feeling guilty to admit it  Cheesy

Anyway looks like the price is steadily going down now, so maybe the OP was kind of right.
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