jubalix (OP)
Legendary
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Activity: 2618
Merit: 1022
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November 17, 2013, 07:29:12 AM |
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are they all just siting off the order book to let it rise and then dump in or what? there are just no sales I can see above 500, its flat from there on?  http://bitcoinity.org/markets/bitstamp/USD |
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notme
Legendary
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Activity: 1904
Merit: 1002
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November 17, 2013, 07:33:15 AM |
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In order to get to $500, you would have to buy 3700 BTC. Many of these will be put up for sale at higher prices than they were purchased. |
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antimattercrusader
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November 17, 2013, 07:43:17 AM |
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I'm sure the sell orders will be adjusted to reflect market price.
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BTC: 13WYhobWLHRMvBwXGq5ckEuUyuDPgMmHuK
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kingcrimson
Legendary
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Activity: 1025
Merit: 1000
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November 17, 2013, 07:56:29 AM |
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Wow. youre right. Only about 3000 btc from 500 to 1000. Things are going to get crazy fast.
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Rupture
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November 17, 2013, 07:59:50 AM |
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Everyone is too scared to sell cause price is climbing so fast
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antimattercrusader
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November 17, 2013, 08:11:30 AM |
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Has anyone considered that people probably have coins ready to be sold but do not actually have an active sell order on the books?
500-1000... when it gets in that range, people will go ahead and make a call at that time on whether to place a sell order or not. No sense in jumping the gun and putting in a sell order now. Heck, they probably have coins in offline/cold wallets.
I think we'll see the same patterns we have been seeing, just moving up in price should this rally continue.
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BTC: 13WYhobWLHRMvBwXGq5ckEuUyuDPgMmHuK
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Pente
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November 17, 2013, 09:57:24 AM |
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Everyone is too scared to sell cause price is climbing so fast
I wonder how fast that feeling could change to "too scared to hold cause price is falling so fast" |
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wobber
Legendary
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Activity: 1064
Merit: 1001
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November 17, 2013, 10:06:51 AM |
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Everyone is too scared to sell cause price is climbing so fast
I wonder how fast that feeling could change to "too scared to hold cause price is falling so fast" Ussain Bolt fast |
If you hate me, you can spam me here: 19wdQNKjnATkgXvpzmSrkSYhJtuJWb8mKs
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Tzupy
Legendary
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Activity: 2128
Merit: 1074
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November 17, 2013, 10:12:50 AM |
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Everyone is too scared to sell cause price is climbing so fast
I wonder how fast that feeling could change to "too scared to hold cause price is falling so fast" Ussain Bolt fast Not at first, at least not for the most sellers IMO. They'll wait to see how deep this goes, and wait for a rebound. |
Sometimes, if it looks too bullish, it's actually bearish
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Davyd05
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November 17, 2013, 10:21:02 AM |
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Nothing should scare you besides the NSA or governments taking control and censoring the internet.
Anything else is just the weak giving in to the fearless.
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Proud Hodler, neither bull nor bear.
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