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TeeBone
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August 13, 2014, 11:16:34 AM |
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For every sale, there's a buyer, a few thousand coins just changed hands... do you all think it's some noobs sitting around that decided to buy today and just got suckered on the way down?
Yeah, that's precisely how it works. Lots of 'noobs' who bought in at 1K are bigtime suckers, as of today. |
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Jesus Christ
Newbie
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Activity: 25
Merit: 0
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August 13, 2014, 11:19:02 AM |
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Doesn't matter, I'm selling now. Time to get out fellas.
Should I say it now or come back later to say "I told you so"? |
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magicmexican
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August 13, 2014, 11:19:07 AM |
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...
this graph could also be applied to the quality of your posts |
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inca
Legendary
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Activity: 1176
Merit: 1000
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August 13, 2014, 11:20:04 AM |
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Doesn't matter, I'm selling now. Time to get out fellas.
Should I say it now or come back later to say "I told you so"? A second coming? |
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seljo
Legendary
Offline
Activity: 1178
Merit: 1014
Hodling since 2011.®
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August 13, 2014, 11:20:52 AM |
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Hodl like a boss!  |
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fonzie
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August 13, 2014, 11:21:30 AM |
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Doesn't matter, I'm selling now. Time to get out fellas.
Should I say it now or come back later to say "I told you so"? A second coming?  |
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XxionxX
Sr. Member
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Activity: 254
Merit: 250
Digital money you say?
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August 13, 2014, 11:22:51 AM |
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this graph could also be applied to the quality of your posts I hate it when people post that graph. I get excited like bitcoin is going to let me pick up more at the sub $30 level. |
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iram3130
Legendary
Offline
Activity: 1512
Merit: 1010
ITSMYNE 🚀 Talk NFTs, Trade NFTs 🚀
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August 13, 2014, 11:23:02 AM |
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For every sale, there's a buyer, a few thousand coins just changed hands... do you all think it's some noobs sitting around that decided to buy today and just got suckered on the way down?
Yes. for the most part. At least for now. We are fine till we are above 540, if we break 540 level then there will be problem start. I am not going to sell coin till we are 540. |
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falllling
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Activity: 112
Merit: 10
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August 13, 2014, 11:24:02 AM |
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barbs
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August 13, 2014, 11:25:07 AM |
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HODL ME
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JayJuanGee
Legendary
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Activity: 3766
Merit: 10443
Self-Custody is a right. Say no to"Non-custodial"
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August 13, 2014, 11:28:58 AM |
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Doesn't matter, I'm selling now. Time to get out fellas.
Should I say it now or come back later to say "I told you so"? Jesus Christ, what a fucking arrogant Jesus Christ, to be quoting him/herself!!!   |
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blatchcorn
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August 13, 2014, 11:30:45 AM |
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 Today's reaction to the price... |
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Searing
Copper Member
Legendary
Offline
Activity: 2898
Merit: 1464
Clueless!
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August 13, 2014, 11:35:57 AM |
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oops....where are we at now ?  er that was disturbing! Searing |
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mmitech
Legendary
Offline
Activity: 1148
Merit: 1001
things you own end up owning you
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August 13, 2014, 11:36:06 AM |
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...
this graph could also be applied to the quality of your posts So you think the quality of my post is crashing because I am bearish? because I don't post picture of trains and rockets ? yet I have been telling you this for almost 3 months and everyone started to hate me for this the quality of thinking in this community is following that chart. |
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N12
Donator
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Activity: 1610
Merit: 1010
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August 13, 2014, 11:36:52 AM |
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I take your point. But in a narrowly trading thin market with speculators like Oda for example waiting, then large dumps while you are either accumulate OTC on the cheap, or are heavily short should work no?
For the short side, there are hardly any shorts on the largest service that offers it, which is Bitfinex, none that would be individually large enough to make this a profitable exercise even if it worked. I can't speak much for OTC aside from what I see at SecondMarket, and the evidence there is that there's no real buying going on. As for narrow markets in general, you can try affect the outcome of a breakout with enough force, for sure. If you're a clever manipulator, (assuming he's selling) you will want the resistance (prior support) to hold, and you'll need to expend funds again, enlargening your position that you will need to undo eventually. However, if the underlying conditions of a market are bullish, it will be prohibitively expensive naturally, both because there will be too many buyers on support and too many at resistance. Never forget that there are many powerful interests, some who want the price to rise and some who want it to fall. There's competition, and ultimately even successful manipulation doesn't change that much. There was a story about Livermore trying to hold down some commodity to unravel his large short in Reminiscences of a Stock Operator, and I think it showed some good insight. |
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oda.krell
Legendary
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Activity: 1470
Merit: 1007
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August 13, 2014, 11:39:07 AM |
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...
this graph could also be applied to the quality of your posts So you think the quality of my post is crashing because I am bearish? because I don't post picture of trains and rockets ? yet I have been telling you this for almost 3 months and everyone started to hate me for this the quality of thinking in this community is following that chart. I don't know... I kind of liked your posts better before you started very obviously talking book in more than half of them. Which seemed to coincide with you turning mostly negative on market outlook. |
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hmmkay
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August 13, 2014, 11:40:15 AM |
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If you'd actually take a good look at that graph, we just had the 'first sell off' for the 2nd time this graph repeats, and on our way to the 'bubble'.
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mmitech
Legendary
Offline
Activity: 1148
Merit: 1001
things you own end up owning you
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August 13, 2014, 11:42:36 AM |
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...
this graph could also be applied to the quality of your posts So you think the quality of my post is crashing because I am bearish? because I don't post picture of trains and rockets ? yet I have been telling you this for almost 3 months and everyone started to hate me for this the quality of thinking in this community is following that chart. I don't know... I kind of liked your posts better before you started very obviously talking book in more than half of them. Which seemed to coincide with you turning mostly negative on market outlook. don't you think that I was turning negative for a reason? don't you see what kind of a joke this community is turning to ? no voice of reason, no common sense whatsoever... and BTW I've never insulted you in any way but you did call me and imbecile just for fun... |
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oda.krell
Legendary
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Activity: 1470
Merit: 1007
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August 13, 2014, 11:43:40 AM |
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...
this graph could also be applied to the quality of your posts So you think the quality of my post is crashing because I am bearish? because I don't post picture of trains and rockets ? yet I have been telling you this for almost 3 months and everyone started to hate me for this the quality of thinking in this community is following that chart. I don't know... I kind of liked your posts better before you started very obviously talking book in more than half of them. Which seemed to coincide with you turning mostly negative on market outlook. don't you think that I was turning negative for a reason? don't you see what kind of a joke this community is turning to ? no voice of reason, no common sense whatsoever... and BTW I've never insulted you in any way but you did call me and imbecile just for fun... Don't remember it, but quite possible. Sorry for that, in retrospect. Bad style. |
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