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bitcoinlitcoinbtcltc (OP)
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January 30, 2014, 04:43:36 PM |
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A LOT OF BAD NEWS! LAST TIME BITCOIN ROSE BECAUSE OF OVERSTOCK ACCEPTING BITCOIN. Overstock share DROPPED ALMOST 20% TODAY! A lot of bad news and BTC/ LTC is going up a bit? Hahahahaha, last attempt from investors to pump & dump the price!  |
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cdooer
Member
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Activity: 106
Merit: 10
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January 30, 2014, 04:46:44 PM |
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Not sure what you're saying, since your on my ignore list, but I bet it's something stupid.  |
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meanig
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January 30, 2014, 04:48:38 PM |
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Have you not heard of the FED taper. The whole stock market is going down the tube. They still have a healthy P/E ratio.
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humanitee
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January 30, 2014, 04:49:15 PM |
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Curious why it dropped, anyone know? I tried googling but I got nothing informative.
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Bobsurplus
Legendary
Offline
Activity: 1008
Merit: 1000
Making money since I was in the womb! @emc2whale
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January 30, 2014, 04:50:11 PM |
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That was me, I sold all my shares!  |
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humanitee
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January 30, 2014, 04:50:45 PM |
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That was me, I sold all my shares! Damnit Bob! |
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Fast, Secure, and Fully
Decentralized Trading | BACKED BY:
─────────────────────────
| BINANCE
─────── LAB | & | █████████████████████████████████ █ ███
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Bobsurplus
Legendary
Offline
Activity: 1008
Merit: 1000
Making money since I was in the womb! @emc2whale
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January 30, 2014, 04:52:55 PM |
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That was me, I sold all my shares! Damnit Bob! Had to put the money in better places so I sold my overstock shares and plunked all the money in coinye. I know this coin will take off and I'll be a billionaire! |
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epetroel
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January 30, 2014, 05:15:19 PM |
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Curious why it dropped, anyone know? I tried googling but I got nothing informative.
I know years ago Overstock was famous in the markets as a target of short sellers. I know the CEO complained about it pretty regularly. Could be that it still is today (haven't checked the short interest in that stock laterly) |
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Keyser Soze
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January 30, 2014, 05:19:44 PM |
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It tanked before the earnings call that is happening right now. Market is probably expecting bad earnings or something.
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Bobsurplus
Legendary
Offline
Activity: 1008
Merit: 1000
Making money since I was in the womb! @emc2whale
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January 30, 2014, 05:26:18 PM |
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It tanked before the earnings call that is happening right now. Market is probably expecting bad earnings or something.
I think the earnings will be better this year then last. I got that idea yesterday when I saw the overstock speaker at the NY hearings mention that they would be releasing the figures for 2013 today. He looked like he was holding back a big smile. but who really knows. |
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humanitee
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January 30, 2014, 05:27:42 PM |
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It tanked before the earnings call that is happening right now. Market is probably expecting bad earnings or something.
I think the earnings will be better this year then last. I got that idea yesterday when I saw the overstock speaker at the NY hearings mention that they would be releasing the figures for 2013 today. He looked like he was holding back a big smile. but who really knows. It looked good to me, IDK what expectations were though: http://online.wsj.com/article/PR-CO-20140130-910552.html |
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Fast, Secure, and Fully
Decentralized Trading | BACKED BY:
─────────────────────────
| BINANCE
─────── LAB | & | █████████████████████████████████ █ ███
█▀ ▀█ ███▀▀▀▀▀████████ ████▀▀███▀ █
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Medium
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Bobsurplus
Legendary
Offline
Activity: 1008
Merit: 1000
Making money since I was in the womb! @emc2whale
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January 30, 2014, 05:29:25 PM |
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It tanked before the earnings call that is happening right now. Market is probably expecting bad earnings or something.
I think the earnings will be better this year then last. I got that idea yesterday when I saw the overstock speaker at the NY hearings mention that they would be releasing the figures for 2013 today. He looked like he was holding back a big smile. but who really knows. It looked good to me, IDK what expectations were though: http://online.wsj.com/article/PR-CO-20140130-910552.htmlLooks like i was right.. Cant understand why the stock tanked then, it cant be due to me selling all my shares.. Can it? |
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Kenshin
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January 30, 2014, 05:32:47 PM |
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Not sure what you're saying, since your on my ignore list, but I bet it's something stupid. Actually, it is not stupid at all. |
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cdooer
Member
Offline
Activity: 106
Merit: 10
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January 30, 2014, 07:42:41 PM |
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Not sure what you're saying, since your on my ignore list, but I bet it's something stupid. Actually, it is not stupid at all. OK, I bit and un-ignored him for a second...and yes, it was stupid. That'll teach me. |
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redwraith
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January 31, 2014, 06:11:46 AM |
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Not sure what you're saying, since your on my ignore list, but I bet it's something stupid. Actually, it is not stupid at all. OK, I bit and un-ignored him for a second...and yes, it was stupid. That'll teach me. It's okay, he's a paid internet shill. He's just doing his job along with his buddy proudhon. They're actually worth un-ignoring for their entertainment value alone. |
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vokain
Legendary
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Activity: 1834
Merit: 1019
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January 31, 2014, 06:36:28 AM |
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maybe Overstock investors were exposed to Bitcoin through the CEO's move, and are divesting their shares into Bitcoin
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TERA
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January 31, 2014, 06:47:41 AM |
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It dropped due to Q4 financials. Go to Google Finance. This isn't rocket science.
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Anon136
Legendary
Offline
Activity: 1722
Merit: 1217
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January 31, 2014, 06:49:27 AM |
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Punishment from entrenched fiat benefactors for accepting bitcoin?
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Rep Thread: https://bitcointalk.org/index.php?topic=381041If one can not confer upon another a right which he does not himself first possess, by what means does the state derive the right to engage in behaviors from which the public is prohibited? |
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GigaCoin
Sr. Member
Offline
Activity: 308
Merit: 251
Giga
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January 31, 2014, 07:23:15 AM |
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this isn't even remotely related to bitcoin
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F-bernanke
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January 31, 2014, 07:26:54 AM |
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From reddi: Patrick Byrne retracts statement that Overstock.com will not hold bitcoins, also announces personal investment ...in today's Q4 Earnings Conference Call. http://edge.media-server.com/m/p/xeadrvij/lan/en@24.10 - 24.38: "It's not out of the question that we will be holding a small amount of bitcoin." "I personally have gone out in the past few days and bought several million dollars of bitcoin."(Discussion of benefits to the company at 22.00, preceded by the story of adoption also told in the LTB interview.) |
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