Vandroiy
Legendary
 Offline
Activity: 1036
Merit: 1002
|
 |
August 07, 2011, 01:12:50 AM |
|
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.
|
|
|
|
|
|
|
|
"I'm sure that in 20 years there will either be very large transaction volume or no volume." -- Satoshi
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
TiagoTiago
|
|
August 07, 2011, 01:42:58 AM |
|
"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/BCH for any or no reason? 1FmvtS66LFh6ycrXDwKRQTexGJw4UWiqDX  The more you believe in Bitcoin, and the more you show you do to other people, the faster the real value will soar! |
|
|
Houdini
Member
Offline
Activity: 84
Merit: 10
|
|
August 07, 2011, 02:01:14 AM |
|
I have no faith in humans anymore to be trustworthy, honest, and responsible. Especially on the internet.
I never did. |
|
|
|
|
JCbit
Newbie
Offline
Activity: 28
Merit: 0
|
|
August 07, 2011, 11:47:15 PM |
|
btc's just rebounded to about 9
im happy:)
|
|
|
|
|
Smalleyster
Member
Offline
Activity: 84
Merit: 10
I yam what I yam. - Popeye
|
|
August 08, 2011, 12:01:30 AM |
|
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! |
|
|
|
bitcoinBull
Legendary
Offline
Activity: 826
Merit: 1001
rippleFanatic
|
|
August 08, 2011, 12:16:52 AM |
|
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
|
|
August 08, 2011, 12:23:55 AM |
|
|
(I dont always get new reply notifications, pls send a pm when you think it has happened) Wanna gimme some BTC/BCH for any or no reason? 1FmvtS66LFh6ycrXDwKRQTexGJw4UWiqDX The more you believe in Bitcoin, and the more you show you do to other people, the faster the real value will soar! |
|
|
Sitarow
Legendary
Offline
Activity: 1792
Merit: 1047
|
|
August 08, 2011, 12:55:57 AM |
|
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. |
|
|
|
|
bitcoinBull
Legendary
Offline
Activity: 826
Merit: 1001
rippleFanatic
|
|
August 08, 2011, 01:02:08 AM |
|
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
Legendary
Offline
Activity: 1792
Merit: 1047
|
|
August 08, 2011, 01:04:30 AM |
|
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
|
|
August 08, 2011, 01:11:52 AM |
|
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  |
|
|
|
|
Smalleyster
Member
Offline
Activity: 84
Merit: 10
I yam what I yam. - Popeye
|
|
August 08, 2011, 01:17:36 AM |
|
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.
|
|
|
|
Smalleyster
Member
Offline
Activity: 84
Merit: 10
I yam what I yam. - Popeye
|
|
August 08, 2011, 02:10:18 AM |
|
|
|
|
|
|
GeniuSxBoY
|
|
August 08, 2011, 02:49:53 AM |
|
If losing were a sport....
I'd finally win at something.
|
Be humble!
|
|
|
piramida
Legendary
Offline
Activity: 1176
Merit: 1010
Borsche
|
|
August 08, 2011, 06:19:51 AM |
|
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
Member
Offline
Activity: 81
Merit: 10
|
|
August 08, 2011, 09:08:07 AM |
|
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.  |
|
|
Sitarow
Legendary
Offline
Activity: 1792
Merit: 1047
|
|
August 09, 2011, 04:24:47 AM |
|
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 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. |
|
|
|
|
datguywhowanders (OP)
Member
Offline
Activity: 112
Merit: 10
|
|
August 11, 2011, 12:24:01 AM |
|
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.
|
Donations Welcome: 163id7T8KZ6MevqT86DjrBF2kfCPrQsfZE
|
|
|
piramida
Legendary
Offline
Activity: 1176
Merit: 1010
Borsche
|
|
August 11, 2011, 06:09:00 AM |
|
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 (OP)
Member
Offline
Activity: 112
Merit: 10
|
|
August 11, 2011, 01:22:56 PM |
|
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 |
Donations Welcome: 163id7T8KZ6MevqT86DjrBF2kfCPrQsfZE
|
|
|
|
