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kookiekrak (OP)
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August 07, 2011, 01:50:11 AM |
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If everyone stopped selling their bitcoins on gox, th etc.
then the price would go up! (supply + demand bitches)
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"I'm sure that in 20 years there will either be very large transaction volume or no volume." -- Satoshi
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ruski
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August 07, 2011, 01:54:03 AM |
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he's a sharp one
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GeniuSxBoY
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August 07, 2011, 01:56:58 AM |
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OMFGGGGGGGGGGGGGGGGGGGGGGGGGGGGGG HE DID IT!!!!!!!!!!! HE FOUND THE ANSWER WE'VE ALL BEEN SEARCHING FOOOOOOOOOOOOOOOOOOOOOOOOOOOOOR
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Be humble!
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Oldminer
Legendary
 Offline
Activity: 1022
Merit: 1001
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August 07, 2011, 01:58:05 AM |
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Problem is people that have outlayed big on hardware wont (or cant) wait for a return on their investment. They need it now.
Who do you thinks been cashing out their coins every weekend for the last 2 months regardless of price? You can only hold the price up artificially for so long. Just ask Bernanke..
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adamstgBit
Legendary
Offline
Activity: 1904
Merit: 1037
Trusted Bitcoiner
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August 07, 2011, 01:59:57 AM |
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maybe satoshi is selling out?
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joulesbeef
Sr. Member
Offline
Activity: 476
Merit: 250
moOo
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August 07, 2011, 02:00:05 AM |
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better still BUY
if everyone bought 3 right now....just 3.. that's less than $20... sigh....if everyone bought just 3.. that is DEMAND BABY... we'll have this sleigh back to 30 in no time.
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mooo for rent
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Bazil
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August 07, 2011, 02:01:42 AM |
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Then again you could all just keep selling so I can make massive profits   |
17Bo9a6YpXN2SbwY8mXLCD43Wup9ZE4rwm
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GeniuSxBoY
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August 07, 2011, 02:02:42 AM |
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Be humble!
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Bazil
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August 07, 2011, 02:07:00 AM |
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better still BUY
if everyone bought 3 right now....just 3.. that's less than $20... sigh....if everyone bought just 3.. that is DEMAND BABY... we'll have this sleigh back to 30 in no time.
Too bad they are all free to not buy then eh? Ohh I know maybe we should make some stupid law that forces everyone to buy that way the price always goes up! wee....!!! Ok back to reality, keep selling so I can make money. |
17Bo9a6YpXN2SbwY8mXLCD43Wup9ZE4rwm
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Shinobi
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August 07, 2011, 02:29:52 AM |
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We need to have Bitcoins set up at memegenerator! |
_______ Thinking of using a cheap, yet reliable VPN? Go with PrivateInternetAccess. Not a referral link. Just a satisfied customer! |
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wumpus
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August 07, 2011, 02:33:36 AM |
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Nah there have been much funnier ones  |
Bitcoin Core developer [PGP] Warning: For most, coin loss is a larger risk than coin theft. A disk can die any time. Regularly back up your wallet through File → Backup Wallet to an external storage or the (encrypted!) cloud. Use a separate offline wallet for storing larger amounts. |
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yunk3r
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August 07, 2011, 02:47:56 AM |
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what happens when people start selling again? The people who didn't sell will have extra stock and the entire problem will repeat.
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unbuttered_toast
Newbie
Offline
Activity: 47
Merit: 0
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August 07, 2011, 02:54:21 AM |
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better still BUY
if everyone bought 3 right now....just 3.. that's less than $20... sigh....if everyone bought just 3.. that is DEMAND BABY... we'll have this sleigh back to 30 in no time.
... and the $30 price would be meaningless, because we'd be the only ones willing to pay that much. As soon as some of us decided to sell our BTC, the price would go back down. See how that works? |
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FlipPro
Legendary
Offline
Activity: 1764
Merit: 1015
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August 07, 2011, 03:26:28 AM |
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Why does everyone who likes Bitcoins have to be a libertarian? Jesus Christ, I wish I could still talk to some of you guys without having to come to this forum and see stupidity and generalization that goes on here. |
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JoelKatz
Legendary
Offline
Activity: 1596
Merit: 1012
Democracy is vulnerable to a 51% attack.
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August 07, 2011, 03:30:48 AM |
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If everyone stopped selling their bitcoins on gox, th etc.
then the price would go up! (supply + demand bitches)
Oh my god! I just had the same reaction that I had when I first heard Nancy Reagan's suggestion for how deal with the drug problem by just saying "no". |
I am an employee of Ripple. Follow me on Twitter @JoelKatz
1Joe1Katzci1rFcsr9HH7SLuHVnDy2aihZ BM-NBM3FRExVJSJJamV9ccgyWvQfratUHgN
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Oldminer
Legendary
Offline
Activity: 1022
Merit: 1001
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August 07, 2011, 03:43:30 AM |
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Jesus Christ, I wish I could still talk to some of you guys without having to come to this forum and see stupidity and generalization that goes on here.
This is what happens when a bunch of geeks congregate |
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joulesbeef
Sr. Member
Offline
Activity: 476
Merit: 250
moOo
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August 07, 2011, 04:09:28 AM |
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Nancy Reagan's suggestion for how deal with the drug problem by just saying "no". About as successful as abstinence only education, you'd be better off with twinkie and honey bun class and even then you only have a 20% chance of success but that would be better than abstinence only. |
mooo for rent
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KMBTC11
Newbie
Offline
Activity: 57
Merit: 0
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August 07, 2011, 04:43:41 AM |
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If everyone stopped selling their bitcoins on gox, th etc.
then the price would go up! (supply + demand bitches)
Oh my god! I just had the same reaction that I had when I first heard Nancy Reagan's suggestion for how deal with the drug problem by just saying "no". Hmmm. Not a bad idea. Just say 'no.' Brillient !! |
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TraderTimm
Legendary
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Activity: 2408
Merit: 1121
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August 09, 2011, 01:02:52 AM |
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maybe satoshi is selling out?
Allinvain is just liquidating the 25k he 'lost' since his social engineering experiment didn't get any donations. |
fortitudinem multis - catenum regit omnia
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Cluster2k
Legendary
Offline
Activity: 1692
Merit: 1018
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August 09, 2011, 02:54:27 AM |
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People are blaming MyBitcoin for the bitcoin crash. Okay, maybe 20,000 bitcoins went missing. How long does it take to sell that much? A day? A week? Longer? How much longer are people going to blame a possible one off event for the depressed price?
For those arguing all we need to lift bitcoin prices is to cancel the orders, I suggest they haven't been trading in other markets for too long. It's quite common to see penny stocks with bids around $0.01 and asks at $0.10, with no action for weeks. Just because the asking price is high doesn't mean buyers are going to flock to it. Bitcoin is a high risk commodity that fits the penny stock model pretty well. It's common to see 20% daily swings in highly speculative investments.
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indio007
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August 09, 2011, 07:42:18 AM |
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maybe satoshi is selling out?
Allinvain is just liquidating the 25k he 'lost' since his social engineering experiment didn't get any donations. I like this comment +1 |
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Swishercutter
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August 09, 2011, 09:56:44 AM |
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maybe satoshi is selling out?
Allinvain is just liquidating the 25k he 'lost' since his social engineering experiment didn't get any donations. +1, LOL Can someone lock that stupid thread so it stops popping up on my "replies to posts"...I regret ever posting on it. |
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yokosan
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September 15, 2014, 07:11:50 PM |
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Oh how times have changed...
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spazzdla
Legendary
Offline
Activity: 1722
Merit: 1000
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September 15, 2014, 07:18:19 PM |
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If everyone stopped selling their bitcoins on gox, th etc.
then the price would go up! (supply + demand bitches)
hey dude i have over 100 000 BTC wich i buy when the prize was 0.02$ i dont care if the prize will be 6$ or 16$ i will buy house with pool and nice car this way or another .... wow. |
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spazzdla
Legendary
Offline
Activity: 1722
Merit: 1000
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September 15, 2014, 07:21:28 PM |
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better still BUY
if everyone bought 3 right now....just 3.. that's less than $20... sigh....if everyone bought just 3.. that is DEMAND BABY... we'll have this sleigh back to 30 in no time.
... and the $30 price would be meaningless, because we'd be the only ones willing to pay that much. As soon as some of us decided to sell our BTC, the price would go back down. See how that works? This thread is great.. SO MUCH greatness. Apparently.. A LOT of people would buy at $30... A LOT.. |
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Torque
Legendary
Offline
Activity: 3542
Merit: 5039
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September 15, 2014, 07:43:48 PM |
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It's threads like this that lead me to fully believe that we'll be at a 5-figure exchange rate by 2017...
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JimboToronto
Legendary
Offline
Activity: 3990
Merit: 4449
You're never too old to think young.
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September 15, 2014, 07:49:13 PM |
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It's threads like this that lead me to fully believe that we'll be at a 5-figure exchange rate by 2017...
This should be required reading for all those noobs who act as though Bitcoin started sometime late in 2013. |
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yokosan
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September 15, 2014, 08:10:34 PM |
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It's threads like this that lead me to fully believe that we'll be at a 5-figure exchange rate by 2017...
This should be required reading for all those noobs who act as though Bitcoin started sometime late in 2013. sssh Don't tell anybody how cheap these coins are! |
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bitcoinbot
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September 15, 2014, 08:15:47 PM |
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hey dude i have over 100 000 BTC wich i buy when the prize was 0.02$ i dont care if the prize will be 6$ or 16$ i will buy house with pool and nice car this way or another [/quote] Wow, so your 100,000 would today be worth $47 million+ Interested if you sold some, all and how that worked out for you. |
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Bitcoins101
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September 15, 2014, 08:20:51 PM |
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"hey dude i have over 100 000 BTC wich i buy when the prize was 0.02$ i dont care if the prize will be 6$ or 16$ i will buy house with pool and nice car this way or another " Wow, so your 100,000 would today be worth $47 million+ Interested if you sold some, all and how that worked out for you. He was probably full of it (and "it" is not bitcoin). Look at his account - pretty sure he never had more than a thousand BTC at most. |
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no141
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September 15, 2014, 08:25:17 PM |
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hey dude i have over 100 000 BTC wich i buy when the prize was 0.02$ i dont care if the prize will be 6$ or 16$ i will buy house with pool and nice car this way or another I will gladly pay you $26 for each bitcoin you sell me! |
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Wilhelm
Legendary
Offline
Activity: 1652
Merit: 1265
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September 15, 2014, 08:50:26 PM |
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If everyone stopped selling their bitcoins on gox, th etc.
then the price would go up! (supply + demand bitches)
hey dude i have over 100 000 BTC wich i buy when the prize was 0.02$ i dont care if the prize will be 6$ or 16$ i will buy house with pool and nice car this way or another 100000 BTC is now $47,000,000 You can buy this http://business.nbcnews.com/_news/2012/08/09/13201068-at-47m-home-is-most-expensive-ever-sold-in-miami I cry a little inside .... if only I was 2 years earlier  |
Bitcoin is like a box of chocolates. You never know what you're gonna get !!
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