Bitcoin Forum
June 25, 2019, 06:46:17 AM *
News: Latest Bitcoin Core release: 0.18.0 [Torrent] (New!)
 
   Home   Help Search Login Register More  
Poll
Question: What will the bottom of this crash be?  (Voting closed: June 14, 2013, 11:59:19 PM)
We already saw it - an apocalyptic plummet all the way to 100.30 - 37 (25%)
Between 90.01 and 100.30 - 41 (27.7%)
Between 50.01 and 90 - 40 (27%)
Between 32 and 50 - 13 (8.8%)
Lower than 32 - 17 (11.5%)
Total Voters: 148

Pages: [1]
  Print  
Author Topic: The Great Crash of 06-13-13 - How Low Can We Go?  (Read 1689 times)
Chainsaw
Hero Member
*****
Offline Offline

Activity: 625
Merit: 500


x


View Profile
June 13, 2013, 11:59:19 PM
 #1

Is it over? We just getting started?

Two hours ago, I was expecting a long and eventful night. Now things have quieted down.

What do you think - calm before the storm...or was that it?


1561445177
Hero Member
*
Offline Offline

Posts: 1561445177

View Profile Personal Message (Offline)

Ignore
1561445177
Reply with quote  #2

1561445177
Report to moderator
1561445177
Hero Member
*
Offline Offline

Posts: 1561445177

View Profile Personal Message (Offline)

Ignore
1561445177
Reply with quote  #2

1561445177
Report to moderator
Try The Brand New Ethereum Game
50 Last Players Also Win The Bank
Works On Any iOS/Android Device With Standard Browser
Join Us On Telegram To Get Notified When You Can Win
COLOR PIXELS
AND WIN
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1561445177
Hero Member
*
Offline Offline

Posts: 1561445177

View Profile Personal Message (Offline)

Ignore
1561445177
Reply with quote  #2

1561445177
Report to moderator
1561445177
Hero Member
*
Offline Offline

Posts: 1561445177

View Profile Personal Message (Offline)

Ignore
1561445177
Reply with quote  #2

1561445177
Report to moderator
1561445177
Hero Member
*
Offline Offline

Posts: 1561445177

View Profile Personal Message (Offline)

Ignore
1561445177
Reply with quote  #2

1561445177
Report to moderator
MAbtc
Hero Member
*****
Offline Offline

Activity: 826
Merit: 508


View Profile
June 14, 2013, 12:25:32 AM
 #2

Just a bit of consolidation before double digits.  Wink
Chainsaw
Hero Member
*****
Offline Offline

Activity: 625
Merit: 500


x


View Profile
June 14, 2013, 01:12:22 AM
 #3

That *$$hole with the 10k coins again. 

It certainly feels more synthetic than the higher-volume market activity of months ago.

d5000
Legendary
*
Offline Offline

Activity: 2128
Merit: 1497


Decentralization Maximalist


View Profile
June 14, 2013, 01:46:59 AM
 #4

Double bottom at $88-90 and then slowly up again. Don't expect to see $125 for the next 3 weeks.

worldinacoin
Hero Member
*****
Offline Offline

Activity: 756
Merit: 500



View Profile
June 14, 2013, 01:55:07 AM
 #5

There isn't really a crush on 06/13/13, I guess the doomsayers are doomed.
Bitcoin BEAR
Full Member
***
Offline Offline

Activity: 143
Merit: 100


View Profile
June 14, 2013, 03:57:39 AM
 #6

That *$$hole with the 10k coins again.  Free markets, thats what happens.   The attempts at panic sells are really getting old.  Makes me irritable.  Glad he will get bought out in one of his games and hopefully have to buy back in at a quick 50$ recovery, ie causes 5$ sink, community buys at once and makes him lose.  HAHAHAHAH  Grin

Aw, UMAD?

Sorry to burst your bubble, but he knows exactly what the fuck he's doing, and he won't lose much if at all! And I promise that he has MUCH more than 10,000 coins.
When you guys ask "why would someone dump 10k at once, is he an idiot?", what you don't understand is that a few thousand coins is likely a small percentage of his holding. If a holder of 100k wants to get out slowly, it still might be in chunks of 5-10k just like the guy holding 100BTC "dumps" 10 or so at a time. When you have a LOT of coins, it is much harder to exit the market, making that 10k sell, pretty "slow". Be thankful that he doesn't dump 100,000 all at once. That would decimate this tiny market. He is giving you the chance to cut your losses rather than being financially devastated. Not that he gives a damn about your profits, but he does give a damn about his average price.

On the note of triggering panic. If he has the intention to buy back from the panic, he isn't going to take a huge risk to do it. IE, he won't get all out to make it happen. It will be well planned to incur the least amount of risk while inducing the most amount of movement, and let the market do most of the work.
When a well funded professional trader is part of a market where the average trader is an emotional, trigger-happy beginner, he won't make mistakes. He will win! Simple!


For the record, This was hardly a "great crash"  Roll Eyes
We can go to <$50 too!
10c
Full Member
***
Offline Offline

Activity: 504
Merit: 100


Decentralized Gaming Platform - Play & Earn $


View Profile
June 14, 2013, 07:34:50 AM
 #7

Aw, UMAD?

Sorry to burst your bubble, but he knows exactly what the fuck he's doing, and he won't lose much if at all! And I promise that he has MUCH more than 10,000 coins.
When you guys ask "why would someone dump 10k at once, is he an idiot?", what you don't understand is that a few thousand coins is likely a small percentage of his holding. If a holder of 100k wants to get out slowly, it still might be in chunks of 5-10k just like the guy holding 100BTC "dumps" 10 or so at a time. When you have a LOT of coins, it is much harder to exit the market, making that 10k sell, pretty "slow". Be thankful that he doesn't dump 100,000 all at once. That would decimate this tiny market. He is giving you the chance to cut your losses rather than being financially devastated. Not that he gives a damn about your profits, but he does give a damn about his average price.

On the note of triggering panic. If he has the intention to buy back from the panic, he isn't going to take a huge risk to do it. IE, he won't get all out to make it happen. It will be well planned to incur the least amount of risk while inducing the most amount of movement, and let the market do most of the work.
When a well funded professional trader is part of a market where the average trader is an emotional, trigger-happy beginner, he won't make mistakes. He will win! Simple!


For the record, This was hardly a "great crash"  Roll Eyes
We can go to <$50 too!

NewB bear or not; I tend to agree  Wink

bitcats
Legendary
*
Offline Offline

Activity: 1008
Merit: 1000



View Profile
June 14, 2013, 07:46:16 AM
Last edit: June 14, 2013, 07:56:44 AM by bitcats
 #8

I wonder whats your understanding of a "crash"

"Unser Problem ist nicht ziviler Ungehorsam, unser Problem ist ziviler Gehorsam."  - Howard Zinn
r3wt
Hero Member
*****
Offline Offline

Activity: 686
Merit: 500


always the student, never the master.


View Profile
June 14, 2013, 07:49:50 AM
 #9

derp derp derp.



the sky is falling.



derp derp derp.

My negative trust rating is reflective of a personal vendetta by someone on default trust.
jeannie
Member
**
Offline Offline

Activity: 98
Merit: 10



View Profile
June 14, 2013, 07:50:21 AM
 #10

I guess it will be around $110 plus minus $10

Rampion
Legendary
*
Offline Offline

Activity: 1120
Merit: 1000


View Profile
June 14, 2013, 08:06:01 AM
 #11

Evolve, where are you brother?

I need some bear talk with a touch of humorous drama.

naphto
Sr. Member
****
Offline Offline

Activity: 392
Merit: 250


View Profile
June 14, 2013, 09:24:09 AM
 #12

Is it over? We just getting started?

Two hours ago, I was expecting a long and eventful night. Now things have quieted down.

What do you think - calm before the storm...or was that it?





"I will keep 1 bitcoin for buying Apple and Microsoft by the end of next month and sell the rest for buying some food for my family, brb"
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!