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Author Topic: The Reason for the Sell-off  (Read 1344 times)
RenegadeMind (OP)
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December 11, 2013, 01:09:39 PM
 #1

Truth be told, the sell off is for the same reasons as always.

You see, a few wealthy, rogue bitcoin whales. They've installed microphones on high-rises and tall apartment buildings around the world.

What they do is to force out the weak hands by creating panic selling.

Then they collect the recordings as those panic sellers jump out the windows, screaming as they plummet to their deaths.

They then all get together, smoke cigars, twirl their moustaches, and cackle with glee as they listen to the screams of panic sellers.



Well, that or there was some bad news that spooked some heavies.

So, nothing really new. This is not the panic that you're looking for. Move along...

Wink

rampantparanoia
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December 11, 2013, 05:19:51 PM
 #2

haha, i liked the old-school banker twist on this new school phenomena
geraFoerra
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December 11, 2013, 06:04:15 PM
 #3

Just do not check price and no panic sell possible. Wait, people put in money they can not loose - bear snack
BitcoinBarrel
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December 11, 2013, 06:10:31 PM
 #4




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jeppe
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December 11, 2013, 06:15:45 PM
 #5

this is funny but dont think its like that........
hieroglyph
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December 12, 2013, 06:07:52 PM
 #6

Not seeing much of a panic sell off In my opinion it's feels more like a correction from all the good news/hype lately.  But your take on it was  very amusing.

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December 12, 2013, 06:19:50 PM
 #7

Price went up a lot really fast.  Market participants get nervous/take profits.  Price goes down.   

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.
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December 12, 2013, 06:56:01 PM
 #8

sorry guys, cashed out .1 at the top, that was me Cool

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December 12, 2013, 07:40:29 PM
 #9

Price went up a lot really fast.  Market participants get nervous/take profits.  Price goes down.   

I'm glad you're back on this board. Improves the S/N somewhat Smiley

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