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Author Topic: Come hell or high water, I'm holding  (Read 4545 times)
Vandroiy
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August 07, 2011, 01:12:50 AM
 #41

That almost sounds like one must hoard Bitcoins to be part of the "building nice things" community.

I speculate, meaning I do sell when I think the price will drop, yet I do wish to *use* Bitcoin for trading in the future. I'll just buy some again when I need 'em (or think their value will rise). Am I a traitor now? *shrug*

There's a lot of potential for Bitcoin. Just not in mainstream speculation mania and hoarding.
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TiagoTiago
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August 07, 2011, 01:42:58 AM
 #42

"eventually bounce"

LOL bounce usually implies immediacy not eventuality.

Depends on how far the ground is.

(I dont always get new reply notifications, pls send a pm when you think it has happened)

Wanna gimme some BTC for any or no reason? 1FmvtS66LFh6ycrXDwKRQTexGJw4UWiqDX Smiley

The more you believe in Bitcoin, and the more you show you do to other people, the faster the real value will soar!

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August 07, 2011, 02:01:14 AM
 #43

I have no faith in humans anymore to be trustworthy, honest, and responsible. Especially on the internet.
I never did.
JCbit
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August 07, 2011, 11:47:15 PM
 #44

btc's just rebounded to about 9
im happy:)

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August 08, 2011, 12:01:30 AM
 #45

btc's just rebounded to about 9
im happy:)

Did you just jinx it? looks like it went from 8.7 to 7.1 or so in minutes.

What an amazing chart!

Feel like investing in a Miner?:
http://bitcointalk.org/index.php?topic=30044.msg377773#msg377773
A soup to nuts newbee system for a secure, portable USB wallet (free instructions):
NoobHowTo: http://bitcointalk.org/index.php?topic=27088.msg341387#msg341387
bitcoinBull
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August 08, 2011, 12:16:52 AM
 #46

btc's just rebounded to about 9
im happy:)

Did you just jinx it? looks like it went from 8.7 to 7.1 or so in minutes.

What an amazing chart!


First, somebody bought up $7.5 to $8.5 (spending about $50k USD) and then put a $40k bid wall for 5k BTC at $8.5.

A seller called that bluff, and sold through the wall (about $40k worth of BTC), pushing the price down to ~$7.12.  Now there's very little depth between $7.1 and $8.5.

The players in this game have over $100k to play with.  Little guys are just dust in the wind.

College of Bucking Bulls Knowledge
TiagoTiago
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August 08, 2011, 12:23:55 AM
 #47

http://www.youtube.com/watch?v=IdcBENN4NSU

(I dont always get new reply notifications, pls send a pm when you think it has happened)

Wanna gimme some BTC for any or no reason? 1FmvtS66LFh6ycrXDwKRQTexGJw4UWiqDX Smiley

The more you believe in Bitcoin, and the more you show you do to other people, the faster the real value will soar!

Do you like mmmBananas?!
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August 08, 2011, 12:55:57 AM
 #48

btc's just rebounded to about 9
im happy:)

Did you just jinx it? looks like it went from 8.7 to 7.1 or so in minutes.

What an amazing chart!


First, somebody bought up $7.5 to $8.5 (spending about $50k USD) and then put a $40k bid wall for 5k BTC at $8.5.

A seller called that bluff, and sold through the wall (about $40k worth of BTC), pushing the price down to ~$7.12.  Now there's very little depth between $7.1 and $8.5.

The players in this game have over $100k to play with.  Little guys are just dust in the wind.

You bet! Who would not notice that.
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August 08, 2011, 01:02:08 AM
 #49

btc's just rebounded to about 9
im happy:)

Did you just jinx it? looks like it went from 8.7 to 7.1 or so in minutes.

What an amazing chart!


First, somebody bought up $7.5 to $8.5 (spending about $50k USD) and then put a $40k bid wall for 5k BTC at $8.5.

A seller called that bluff, and sold through the wall (about $40k worth of BTC), pushing the price down to ~$7.12.  Now there's very little depth between $7.1 and $8.5.

The players in this game have over $100k to play with.  Little guys are just dust in the wind.


Just happened again.  In the thin volume, a bull put up a wall at 7.7 with a bid for $40k.  A seller sold through the wall, pushing price down to 7.05.  The sell was almost 9k BTC.

You know the big trades are individual players because they are volume spikes on the 1-minute chart.

College of Bucking Bulls Knowledge
Sitarow
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August 08, 2011, 01:04:30 AM
 #50

Sure they may be attempting at a pump and dump but confidence is still on thin ice.

Monday will be interesting to see how things unfold.
evolve
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August 08, 2011, 01:11:52 AM
 #51

im not selling, considered my "investment" lost cash when i first started...... ill either make a great profit or ride it all the way down to 0....either way, it was an entertaining way to blow a couple hundred bucks...IMO worth every penny  Grin
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August 08, 2011, 01:17:36 AM
 #52

Yesterday I thought I was watching another Enron. But today it looks like a yo-yo contest.

As stated above, tomorrow should be very interesting, both here and on wallstreet.

Feel like investing in a Miner?:
http://bitcointalk.org/index.php?topic=30044.msg377773#msg377773
A soup to nuts newbee system for a secure, portable USB wallet (free instructions):
NoobHowTo: http://bitcointalk.org/index.php?topic=27088.msg341387#msg341387
Smalleyster
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August 08, 2011, 02:10:18 AM
 #53

E-Trade Baby Loses Everything.

http://www.youtube.com/watch?v=W4hfdaC7eL4&feature=youtu.be

Feel like investing in a Miner?:
http://bitcointalk.org/index.php?topic=30044.msg377773#msg377773
A soup to nuts newbee system for a secure, portable USB wallet (free instructions):
NoobHowTo: http://bitcointalk.org/index.php?topic=27088.msg341387#msg341387
GeniuSxBoY
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August 08, 2011, 02:49:53 AM
 #54

If losing were a sport....



I'd finally win at something.
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August 08, 2011, 06:19:51 AM
 #55

I wonder what would happen if someone dumped 75,000 BTC right now?

Price would go down to orders at $1 level, then sharply spike back. And I'd be happy.

i am satoshi
MrAnderson
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August 08, 2011, 09:08:07 AM
 #56

Here's an interesting concept.

HOLD but inject NEW USD to BUY bitcoins at a heavily discounted rate.

Thereby for me, it'll balance out not selling @ $13.

Buy @ 7.83, sell at $8.5, buy at $7.5, sell at $8.5.... etc etc. (Not as easy as that but you get the idea, slowly regaining losses).

>>> 1BcfL1QAZsxtpd92YYsbvDyih45mwA9xSo << Willing to endure the cringe-worthy Australian stereotypes for donations.

I'll wrestle a crocodile, show you my knife, throw shrimp on the BBQ, F**k your wife. Tongue
Sitarow
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August 09, 2011, 04:24:47 AM
 #57

btc's just rebounded to about 9
im happy:)

Did you just jinx it? looks like it went from 8.7 to 7.1 or so in minutes.

What an amazing chart!


First, somebody bought up $7.5 to $8.5 (spending about $50k USD) and then put a $40k bid wall for 5k BTC at $8.5.

A seller called that bluff, and sold through the wall (about $40k worth of BTC), pushing the price down to ~$7.12.  Now there's very little depth between $7.1 and $8.5.

The players in this game have over $100k to play with.  Little guys are just dust in the wind.

Just happened again.  In the thin volume, a bull put up a wall at 7.7 with a bid for $40k.  A seller sold through the wall, pushing price down to 7.05.  The sell was almost 9k BTC.

You know the big trades are individual players because they are volume spikes on the 1-minute chart.


They pulled this maneuver once again but with a little bit more creativity Smiley

Unlike last night attempt at pump and dump with an obvious wall. Tonight's not only did they make the large purchase at once.

They moved the "staggered buy wall" by (6 to 6.5, 6.5 to 7, 7 to 7.5) but

Just like last night we need someone to call the bluff and purchase 50k worth of btc again in one go. Tongue
datguywhowanders
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August 11, 2011, 12:24:01 AM
 #58

Well... I'm glad I braved it out and didn't sell. I could have participated in the panic, but I didn't. Now I'll just continue to sit here and wait. If I find I need something, I'll go buy it with Bitcoins. However, I don't think I'll be selling on the exchange in the near future.

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piramida
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August 11, 2011, 06:09:00 AM
 #59

Well... I'm glad I braved it out and didn't sell. I could have participated in the panic, but I didn't. Now I'll just continue to sit here and wait. If I find I need something, I'll go buy it with Bitcoins. However, I don't think I'll be selling on the exchange in the near future.

Good for you, but you just as well could've picked up the free money, selling at 14 and buying back at 7.

i am satoshi
datguywhowanders
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August 11, 2011, 01:22:56 PM
 #60

Well... I'm glad I braved it out and didn't sell. I could have participated in the panic, but I didn't. Now I'll just continue to sit here and wait. If I find I need something, I'll go buy it with Bitcoins. However, I don't think I'll be selling on the exchange in the near future.

Good for you, but you just as well could've picked up the free money, selling at 14 and buying back at 7.

Indeed, but then I would have actually had to watch the market, worry, stress, and wonder. Instead, I just said screw it, wrote it off as a possible loss, and enjoyed the weekend. Going long is so much easier Smiley

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