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physalis
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September 04, 2013, 11:36:13 AM |
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One question is why he sold all those shares in one batch. He could get significantly more if he sell them slowly along this week. Even he knows something we don't know, it's still far way from the deadline, 10 Sep. so most likely he may just need cash desperately this time.
Could just be that he sees a great investment opportunity elsewhere. If he suspects he can double his money if he investests now, it doesn't matter if he loses a few % by selling right into the bids. Or... it's one of the labcoin devs...  |
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TsuyokuNaritai
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September 04, 2013, 11:39:47 AM |
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Whatever the reason, the big sell has taken lots of the support out of the equation and started a slide. Nothing suddenly wrong with the stock, just supply/demand pressure.
Might be worth picking up a few more cheap shares at the bottom...
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Mabsark
Legendary
 Offline
Activity: 826
Merit: 1004
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September 04, 2013, 11:44:40 AM |
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Whatever the reason, the big sell has taken lots of the support out of the equation and started a slide. Nothing suddenly wrong with the stock, just supply/demand pressure.
Might be worth picking up a few more cheap shares at the bottom...
You've already missed the bottom. That big sell off caused the price to drop to 0.002988 BTC about 1 hour and 40 minutes ago. The price has risen steadily since then and is back up to 0.003350 BTC. There hasn't been many people selling since then. |
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Multi
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Offline
Activity: 90
Merit: 10
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September 04, 2013, 12:06:51 PM |
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it only 56 BTC to drop .0029, greatly shrank.
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AngelSky
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September 04, 2013, 12:07:11 PM |
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Ask wall back to 0.0036, no one wants to sell cheap.
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Vigil
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September 04, 2013, 12:08:24 PM |
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Perhaps he wants to sell his bitcoins for fiat because he thinks the price is going down - it has a little bit.
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hasher87
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September 04, 2013, 12:10:24 PM |
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Whatever the reason, the big sell has taken lots of the support out of the equation and started a slide. Nothing suddenly wrong with the stock, just supply/demand pressure.
Might be worth picking up a few more cheap shares at the bottom...
You've already missed the bottom. That big sell off caused the price to drop to 0.002988 BTC about 1 hour and 40 minutes ago. The price has risen steadily since then and is back up to 0.003350 BTC. There hasn't been many people selling since then. the only ppl who would do the selling at the price point of 0.0032-0.0033 are the one that bought the shares at the price of 0.0029-0.0031 |
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hasher87
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September 04, 2013, 12:11:54 PM |
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Perhaps he wants to sell his bitcoins for fiat because he thinks the price is going down - it has a little bit.
considering that the current exchange rate of 1btc to usd is US$129.50, im not surprised he's selling it all for this reason |
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BitThink
Legendary
Offline
Activity: 882
Merit: 1000
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September 04, 2013, 12:13:32 PM |
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Huge gap between bid and ask  |
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Multi
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Activity: 90
Merit: 10
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September 04, 2013, 12:17:26 PM |
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Huge gap between bid and ask and it is disturbing to me |
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TsuyokuNaritai
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September 04, 2013, 12:18:41 PM |
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Whatever the reason, the big sell has taken lots of the support out of the equation and started a slide. Nothing suddenly wrong with the stock, just supply/demand pressure.
Might be worth picking up a few more cheap shares at the bottom...
You've already missed the bottom. That big sell off caused the price to drop to 0.002988 BTC about 1 hour and 40 minutes ago. The price has risen steadily since then and is back up to 0.003350 BTC. There hasn't been many people selling since then. the only ppl who would do the selling at the price point of 0.0032-0.0033 are the one that bought the shares at the price of 0.0029-0.0031 Well guys, the top ask is now 0.003252 so we'll see. I bought all mine below 0.0029, so I'm happy either way. I think it will slide if there's no news, but over days rather than hours. |
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TMAN
Legendary
Offline
Activity: 1414
Merit: 1808
Exchange Bitcoin quickly-https://blockchain.com.do
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September 04, 2013, 12:25:36 PM |
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I'm waiting for coins to clear, the price will at least double in the next 2weeks bar a disaster
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klee
Legendary
Offline
Activity: 1498
Merit: 1000
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September 04, 2013, 12:44:01 PM |
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Bought some at 0.0035.  |
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Vigil
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September 04, 2013, 12:47:46 PM |
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Bought some at 0.0035. Probably from me, I sold just in case it went back down to lower 30s again. |
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klee
Legendary
Offline
Activity: 1498
Merit: 1000
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September 04, 2013, 12:56:18 PM |
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Bought some at 0.0035. Probably from me, I sold just in case it went back down to lower 30s again. No win win here I suppose! |
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AngelSky
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September 04, 2013, 01:14:41 PM |
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Thnx for the dump, always the same story every week. |
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Multi
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Activity: 90
Merit: 10
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September 04, 2013, 01:16:24 PM |
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who answer me now, sell or buy more ??
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AngelSky
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September 04, 2013, 01:16:54 PM |
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who answer me now, sell or buy more ??
Try to guess  |
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TMAN
Legendary
Offline
Activity: 1414
Merit: 1808
Exchange Bitcoin quickly-https://blockchain.com.do
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September 04, 2013, 01:17:57 PM |
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who answer me now, sell or buy more ??
Has anything changed? If you valued the stock higher then buy more. I just have, it's a 7 day gamble with even better upside with cheaper shares |
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AngelSky
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September 04, 2013, 01:21:18 PM |
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In a few hours/days I guess we'll have something like "you *** guys made me sold my shares" just like last week |
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