Schickeria
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Activity: 84
Merit: 10
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July 30, 2014, 09:41:04 PM |
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The pain isn't intense enough, yet! We need to push into the 550s... There can't be a healthy trend reversal without a decent shakeout of all the longs!
And you think 550.00 is enough to shake out the (leveraged) longs? Maybe, but I doubt it.
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esse83
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July 30, 2014, 09:42:02 PM |
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What if Tim Draper is panic selling and the cause of this sell off. His coins has not moved.
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adamstgBit
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Activity: 1904
Merit: 1037
Trusted Bitcoiner
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July 30, 2014, 09:42:26 PM |
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What if Tim Draper is panic selling and the cause of this sell off. i wonder if very rich people care all that much about losing money, i mean its not like they have to worry about having enoght money in the bank at the end of everymonth... when your worth more then 10Mill do you really care if its 19mill or 15mill Net Worth?
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Heartbit.io
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July 30, 2014, 09:43:20 PM |
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Hi there ! I'm glad to share with you some new possilities. Click and draw to see how much trade occurs during any period of time. You can also check the total volume and weighted price. I hope you'll like it, let me know what you think about it ! heartbit.io/app
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thefunkybits
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Activity: 1218
Merit: 1000
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July 30, 2014, 09:44:49 PM |
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Im gonna call a low of $520-540 on Bitstamp (I'm HODLING though )
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fonsie
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July 30, 2014, 09:45:09 PM |
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What if Tim Draper is panic selling and the cause of this sell off. i wonder if very rich people care all that much about losing money, i mean its not like they have to worry about having enoght money in the bank at the end of everymonth... when your worth more then 10Mill do you really care if its 19mill or 15mill Net Worth? Probably not and that's also the reason why they buy when small kids panic, thus in the end the kid has nothing and they have 25 million$
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dropt
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Activity: 1512
Merit: 1000
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July 30, 2014, 09:45:23 PM |
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i wonder if very rich people care all that much about losing money, i mean its not like they have to worry about having enoght money in the bank at the end of everymonth...
when your worth more then 10Mill do you really care if its 19mill or 15mill Net Worth?
Yes. From my experience one of the most common fears of people with money (they "earned") is losing it, or not having enough.
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DjPxH
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July 30, 2014, 09:45:43 PM |
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The pain isn't intense enough, yet! We need to push into the 550s... There can't be a healthy trend reversal without a decent shakeout of all the longs!
And you think 550.00 is enough to shake out the (leveraged) longs? Maybe, but I doubt it. No, but that's the first step we need to take. Kill the credit bubble on Finex! Geez, if we're only going down this slowly, we're never gonna accomplish anything. People need to panic. There has to be desperation!
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DjPxH
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July 30, 2014, 09:46:51 PM |
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What if Tim Draper is panic selling and is the cause of this sell off. Ha! Yeah, he's all like 'What the heck have I bought here? I must've been out of my mind!'
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Schickeria
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Activity: 84
Merit: 10
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July 30, 2014, 09:47:53 PM |
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The pain isn't intense enough, yet! We need to push into the 550s... There can't be a healthy trend reversal without a decent shakeout of all the longs!
And you think 550.00 is enough to shake out the (leveraged) longs? Maybe, but I doubt it. No, but that's the first step we need to take. Kill the credit bubble on Finex! Geez, if we're only going down this slowly, we're never gonna accomplish anything. People need to panic. There has to be desperation! Yes. I agree.
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Torque
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Activity: 3710
Merit: 5286
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July 30, 2014, 09:48:06 PM |
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Yay manipulators, sell it down on all exchanges to < $200! Go for it! Completely destroy the bitcoin market entirely so no one comes back to crypto for years and years! Great job!
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Dalmar
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July 30, 2014, 09:48:41 PM |
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i wonder if very rich people care all that much about losing money, i mean its not like they have to worry about having enoght money in the bank at the end of everymonth...
when your worth more then 10Mill do you really care if its 19mill or 15mill Net Worth?
Rich folk like him have people who manage his money and they probably will panic when they are so much in the red. His coins has not moved.
He could have traded his account for more 'private' ones for all we know.
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fonsie
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July 30, 2014, 09:49:11 PM |
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i wonder if very rich people care all that much about losing money, i mean its not like they have to worry about having enoght money in the bank at the end of everymonth...
when your worth more then 10Mill do you really care if its 19mill or 15mill Net Worth?
Yes. From my experience one of the most common fears of people with money (they "earned") is losing it, or not having enough. But most of them didn't earn it, at least not by working hard for it, most just inherited. Look at the guy here on the forum who sold his house, if he worked his butt off and only had 1 house he wouldn't have sold it.
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oda.krell
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Activity: 1470
Merit: 1007
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July 30, 2014, 09:51:09 PM |
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Yay manipulators, sell it down on all exchanges to < $200! Go for it! Completely destroy the bitcoin market entirely so no one comes back to crypto for years and years! Great job! Funny how those mythical "manipulators" are only invoked on the way down, rarely on the way up.
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esse83
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July 30, 2014, 09:53:04 PM |
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Yay manipulators, sell it down on all exchanges to < $200! Go for it! Completely destroy the bitcoin market entirely so no one comes back to crypto for years and years! Great job! Funny how those mythical "manipulators" are only invoked on the way down, rarely on the way up. Stop being a bear! Bittokoinoo is going to $10k by december, fool!
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Torque
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Activity: 3710
Merit: 5286
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July 30, 2014, 09:53:53 PM |
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Yay manipulators, sell it down on all exchanges to < $200! Go for it! Completely destroy the bitcoin market entirely so no one comes back to crypto for years and years! Great job! Funny how those mythical "manipulators" are only invoked on the way down, rarely on the way up. Funny how you always show up suddenly when the word "manipulator" get posted. And for the record, I do believe that manipulators are responsible for bubbles too.
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empowering
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Activity: 1078
Merit: 1441
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July 30, 2014, 09:54:26 PM |
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are we there yet?
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adamstgBit
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Activity: 1904
Merit: 1037
Trusted Bitcoiner
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July 30, 2014, 09:55:36 PM |
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interesting but not at all surprising.
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samsonn25
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July 30, 2014, 09:59:26 PM |
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Enough of the conspiracy theory. If there were more buyers than sellers price would not be at this level.
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ChartBuddy
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Activity: 2324
Merit: 1801
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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July 30, 2014, 10:00:09 PM |
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