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Author Topic: Attn: Sellers  (Read 2106 times)
oakpacific
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August 06, 2011, 06:25:43 PM
 #21

If prices really do go as low and some of the people in here are saying then we will all be early adopters. If they do drop below $5 I look forward to owning thousands of coins Smiley.

Actually I said it mainly to point out that price will not go so low as to make this happen, investors know that, infrastructure, securer exchanges and trading platforms will be built eventually, a decentralized e-currency will see its day sometime in the future, as long as the design itself is not flawed and self-consistent, there is no reason for people to reinvent the wheel, if you're into this for the long term, you'll get your investment paid back.

https://tlsnotary.org/ Fraud proofing decentralized fiat-Bitcoin trading.
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GeniuSxBoY
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August 06, 2011, 06:26:28 PM
 #22

Sellers, stop giving away your bitcoins  Angry
It's no use Sad , I've tried, some people must be mining for free, or are panicing so hardcore that they a liquidating everything...


If you invested $100,000 @ $7.70 to get the price to $9.14

and then the price keeps going lower after that...

You'd want to sell at $5 to retain SOOOME money.


OTherwise you're blowing $20,000 for every dollar it drops further.
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August 06, 2011, 06:27:08 PM
 #23

Sellers, stop giving away your bitcoins  Angry
It's no use Sad , I've tried, some people must be mining for free, or are panicing so hardcore that they a liquidating everything...

But miners are not the most of bitcoin users, people must hold their bitcoins to the offer decrease. All the people is in panic and that's not the way for improving the bitcoin value.

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August 06, 2011, 06:27:58 PM
 #24

Sellers, stop giving away your bitcoins  Angry
It's no use Sad , I've tried, some people must be mining for free, or are panicing so hardcore that they a liquidating everything...


If you invested $100,000 @ $7.70 to get the price to $9.14

and then the price keeps going lower after that...

You'd want to sell at $5 to retain SOOOME money.


OTherwise you're blowing $20,000 for every dollar it drops further.
Yeah makes sense...

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fastandfurious
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August 06, 2011, 06:36:57 PM
 #25

This fact is a bit scary. Reaching 1 dollar in price with 28000 BTC trade on the bid side takes only less then 4 days of mining (7200 x 4). That should get even the most hardcore optimist a feeling of something isn't right.
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August 06, 2011, 07:41:39 PM
 #26

This fact is a bit scary. Reaching 1 dollar in price with 28000 BTC trade on the bid side takes only less then 4 days of mining (7200 x 4). That should get even the most hardcore optimist a feeling of something isn't right.

MtGox doesn't publish their complete order book.

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grod
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August 06, 2011, 07:50:14 PM
 #27

This fact is a bit scary. Reaching 1 dollar in price with 28000 BTC trade on the bid side takes only less then 4 days of mining (7200 x 4). That should get even the most hardcore optimist a feeling of something isn't right.

MtGox doesn't publish their complete order book.

Plus the mtgox order book has always looked like that.   Asks always dwarf bids.   The bids come flooding back as soon as it looks like the selloff is over -- not during.

Volume is rather light.  Everyone is moving into position, we're done with the big move for now.
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August 06, 2011, 08:07:41 PM
 #28

infrastructure, securer exchanges and trading platforms will be built eventually
At this point, I don't think anyone wants to put real money into Bitcoin infrastructure.
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August 06, 2011, 08:09:14 PM
 #29

I'm waiting for the hash rate ship to sink

Code:
XMR: 44GBHzv6ZyQdJkjqZje6KLZ3xSyN1hBSFAnLP6EAqJtCRVzMzZmeXTC2AHKDS9aEDTRKmo6a6o9r9j86pYfhCWDkKjbtcns
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August 06, 2011, 08:33:27 PM
 #30

infrastructure, securer exchanges and trading platforms will be built eventually
At this point, I don't think anyone wants to put real money into Bitcoin infrastructure.

Nonsense. This is the best time to invest in Bitcoin infrastructure! And it'll be even better tomorrow. Cheesy

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oakpacific
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August 06, 2011, 09:41:17 PM
 #31

infrastructure, securer exchanges and trading platforms will be built eventually
At this point, I don't think anyone wants to put real money into Bitcoin infrastructure.
They will when they need it, or when it becomes easy enough for them to do. Even back to sub-$1 doesn't signal the death of BTC, just the beginning of a new cycle, as long as the design is not found to be flawed, it will prevail. I don't care that much about"this point", I admit it could take 3-5 years or even longer for everything to be built, but I am into this for such long  term.

https://tlsnotary.org/ Fraud proofing decentralized fiat-Bitcoin trading.
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August 06, 2011, 09:45:25 PM
 #32


Hawkix
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August 06, 2011, 09:47:10 PM
 #33

BACK TO CARROTS! BACK TO CARROTS!

Damn, too late to harvest carrots. We are DOOMED.

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oakpacific
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August 06, 2011, 09:57:45 PM
 #34


https://tlsnotary.org/ Fraud proofing decentralized fiat-Bitcoin trading.
Oldminer
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August 06, 2011, 11:01:16 PM
 #35


Nonsense. This is the best time to invest in Bitcoin infrastructure! And it'll be even better tomorrow. Cheesy

+1

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Caffarius
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August 06, 2011, 11:45:45 PM
 #36

This is the best time to invest in Bitcoin infrastructure! And it'll be even better tomorrow. Cheesy
I'm loving it. I sold mine at 13.6 to buy back in at 7.4. Let's see where this party ends up. Grin
error
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August 07, 2011, 01:01:32 AM
 #37

This is the best time to invest in Bitcoin infrastructure! And it'll be even better tomorrow. Cheesy
I'm loving it. I sold mine at 13.6 to buy back in at 7.4. Let's see where this party ends up. Grin

Great! What Bitcoin products and services are you building? Cheesy

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Caffarius
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August 07, 2011, 01:05:03 AM
 #38

Great! What Bitcoin products and services are you building? Cheesy
I'm awaiting the panic sell to spread to the Marketplace forum. Tongue
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August 07, 2011, 01:10:46 AM
 #39

i only sold to buy cheaper- turned my measly 11 BTC into 14 so far... enjoying this fiasco quite a bit

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GeniuSxBoY
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August 07, 2011, 01:14:20 AM
 #40

Lol, I'm about to turn my measly 166 into 325,725.
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