kireinaha
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 19, 2013, 05:52:30 PM |
|
It looks like things are slowing down a little bit. I suggest we all take a day off and buy some Subway sandwiches with our $700 bitcoins. ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif)
|
Night gathers, and now my bitcoinwisdom watch begins.
|
|
|
antimattercrusader
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 19, 2013, 06:03:33 PM |
|
I'm getting fat from buying dominos gift cards on eGifter.
|
BTC: 13WYhobWLHRMvBwXGq5ckEuUyuDPgMmHuK
|
|
|
zeroday (OP)
Donator
Hero Member
Offline
Activity: 784
Merit: 1000
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 19, 2013, 06:09:29 PM |
|
I guess everyone understands that recent dip has been caused by a manipulation.
Those who sold in panic, at least got a costly lesson and hopefully won't repeat it again.
Those who hold their coins, will enjoy notable gains soon.
|
|
|
|
Mirsad
Full Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 140
Merit: 100
Bitcoin - love & hate
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 19, 2013, 06:11:47 PM |
|
I guess everyone understands that recent dip has been caused by a manipulation.
Those who sold in panic, at least got a costly lesson and hopefully won't repeat it again.
Those who hold their coins, will enjoy notable gains soon.
Those who sold their coins @ top and bought new ones @ 400$ will enjoy their notable gains soon. Lesson: Buy and Hold or sell on the way up and buy on the way down. Never panic sell!
|
< 100 BTC is not worth mentioning. Poor souls will always remain poor. Don't miss the failtrain.
|
|
|
klovishey
Full Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 195
Merit: 100
Selling Coupons Babie
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 19, 2013, 06:21:09 PM |
|
The problem is that there are many n00b traders now with a lot of bitcoins in their possession. Once they see a million bucks in their account, they got ass whooped by their girlie to sell the shit. This is a phase we have to deal with. The 1000+ coins from last night are now shared with others instead of one n00b trader. But there are more of them and they will cash out because a million is still a million. So we need to thin that out before we have a stable coin.
The n00b traders are not problem at all. They help others buy cheap coins. Everybody is happy
|
|
|
|
proudhon
Legendary
Offline
Activity: 2198
Merit: 1311
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 19, 2013, 06:22:44 PM |
|
The problem is that there are many n00b traders now with a lot of bitcoins in their possession. Once they see a million bucks in their account, they got ass whooped by their girlie to sell the shit. This is a phase we have to deal with. The 1000+ coins from last night are now shared with others instead of one n00b trader. But there are more of them and they will cash out because a million is still a million. So we need to thin that out before we have a stable coin.
The n00b traders are not problem at all. They help others buy cheap coins. Everybody is happy It's unfortunate, but panic sellers have made a lot of us wealthy.
|
Bitcoin Fact: the price of bitcoin will not be greater than $70k for more than 25 consecutive days at any point in the rest of recorded human history.
|
|
|
zeroday (OP)
Donator
Hero Member
Offline
Activity: 784
Merit: 1000
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 19, 2013, 06:30:04 PM |
|
It's unfortunate, but panic sellers have made a lot of us wealthy.
I've got my piece of cake from recent dip too, but I don't think this way of slaughtering of noobs is good for bitcoin economy. It just slows down the adoption. How many potential newcomers have given up on the idea of jumping into bitcoin today ?
|
|
|
|
piramida
Legendary
Offline
Activity: 1176
Merit: 1010
Borsche
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 19, 2013, 06:34:28 PM |
|
How many potential newcomers have given up on the idea of jumping into bitcoin today ?
All the weak ones. The less panicky types we have trading - the better, so only people who understand that 50% price movements due to low liquidity is normal in the newborn market can trade. Or let me put it this way - only people who actually believe that bitcoin is here to stay can survive daytrading this. Other will be slaughtered sooner or later.
|
i am satoshi
|
|
|
barbs
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 19, 2013, 06:52:19 PM |
|
bullshit, what do you want a circle of 100 people trading this stuff? The only way it will catch on is if people don't feel like this is a total rip off when they come here.
+1 to not killing noobs for the sake of mass adoption
|
|
|
|
BarkinTree
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 19, 2013, 06:56:32 PM |
|
bullshit, what do you want a circle of 100 people trading this stuff? The only way it will catch on is if people don't feel like this is a total rip off when they come here.
+1 to not killing noobs for the sake of mass adoption
that's just not how it works tho. it's a nice idea to "save the noobs" but the fact is, they will panic sell and there is money on the table. someone will take it.
|
|
|
|
Boxman90
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 19, 2013, 06:59:54 PM |
|
I guess everyone understands that recent dip has been caused by a manipulation.
Those who sold in panic, at least got a costly lesson and hopefully won't repeat it again.
Those who hold their coins, will enjoy notable gains soon.
Right, because the rise was clearly not manipulation at alll ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
|
LTC: LKKy4eDWyVtSrQAJy7Qmmz61RaFY91D9yC BTC: 18fzdnCkuUNthCD8hM36UBGopFa9ij78gG
|
|
|
JimboToronto
Legendary
Offline
Activity: 4102
Merit: 4729
You're never too old to think young.
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 19, 2013, 07:15:32 PM |
|
|
|
|
|
proudhon
Legendary
Offline
Activity: 2198
Merit: 1311
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 19, 2013, 08:37:15 PM |
|
bullshit, what do you want a circle of 100 people trading this stuff? The only way it will catch on is if people don't feel like this is a total rip off when they come here.
+1 to not killing noobs for the sake of mass adoption
that's just not how it works tho. it's a nice idea to "save the noobs" but the fact is, they will panic sell and there is money on the table. someone will take it. Exactly. That's why I say it's unfortunate. I'm not just going to pass an opportunity to make easy money. Sorry to the weak hands. I learned my lessons the hard way, too, and I'm lucky enough to be in a position to take advantage of people who are now essentially what I was in 2011. One of the big lessons I learned in 2011 was that panicing usually doesn't work out well.
|
Bitcoin Fact: the price of bitcoin will not be greater than $70k for more than 25 consecutive days at any point in the rest of recorded human history.
|
|
|
greaterninja
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 19, 2013, 09:12:54 PM |
|
BTC CHINA:
5351 Chinese Yuan equals 878.23 US Dollars
BTC is actually at the same price it was at yesterday before the rally.
I bet it will go up in 12 hours. Chinese demand is extremely strong.
|
|
|
|
JekyllIsland
Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 61
Merit: 10
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 19, 2013, 09:35:35 PM |
|
I guess everyone understands that recent dip has been caused by a manipulation.
Those who sold in panic, at least got a costly lesson and hopefully won't repeat it again.
Those who hold their coins, will enjoy notable gains soon.
I sold at 680 and bought back at 490 ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif)
|
|
|
|
anu
Legendary
Offline
Activity: 1218
Merit: 1001
RepuX - Enterprise Blockchain Protocol
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 19, 2013, 09:47:49 PM |
|
I guess everyone understands that recent dip has been caused by a manipulation.
Those who sold in panic, at least got a costly lesson and hopefully won't repeat it again.
Those who hold their coins, will enjoy notable gains soon.
I sold at 680 and bought back at 490 ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif) This is the IRS. Please report your gains immediately. Non-compliance will be regarded as domestic terrorism and treated as such. Thank you for your cooperation. Daniel Werfel
|
|
|
|
AndrewWilliams
Full Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 182
Merit: 100
Fourth richest fictional character
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 19, 2013, 09:50:29 PM |
|
This is the IRS. Please report your gains immediately. Non-compliance will be regarded as domestic terrorism and treated as such.
Thank you for your cooperation.
Daniel Werfel
I thought you guys were having a party and taking expensive retreats on the tax payer's dime?
|
|
|
|
EvilPanda
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 19, 2013, 10:03:55 PM |
|
BTC CHINA:
5351 Chinese Yuan equals 878.23 US Dollars
BTC is actually at the same price it was at yesterday before the rally.
I bet it will go up in 12 hours. Chinese demand is extremely strong.
I hope so. I bought at the first dip and watched as it goes up and down again whole day. People were going crazy panic buy-> panic sell and so on ![Undecided](https://bitcointalk.org/Smileys/default/undecided.gif)
|
|
|
|
RicePicker
Full Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 216
Merit: 100
RicePicker
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 20, 2013, 05:30:45 AM |
|
It's unfortunate, but panic sellers have made a lot of us wealthy.
I've got my piece of cake from recent dip too, but I don't think this way of slaughtering of noobs is good for bitcoin economy. It just slows down the adoption. How many potential newcomers have given up on the idea of jumping into bitcoin today ? I hope you bought all the coins to your stuffing in this bear trap...
|
Everyone is entitled to their own opinion. It's just that yours is stupid! =D
|
|
|
PirateHatForTea
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 20, 2013, 05:33:16 AM |
|
Yes, the bear trap, before the running series of bull traps that have lasted all day today.
I love how every time BTC prices go nuts, the forums fill with people shouting about 'new paradigms' and 'what bubble?', and bears are scorned. And every time the result is exactly the same.
Yes BTC has a lot of potential, yes it has been, and will probably continue to, grow exponentially, at least for some time. But what we saw in the last few days was super-exponential growth - it looked exponential even on the log charts!
Learn to recognize this and you will do very well out of these sorts of price movements.
|
Unlevereged financial instruments acting as a store of value that fluctuate 50% within 10 minutes is perfectly acceptable. I think it should be offered in IRA form to soon to be retirees.
|
|
|
|