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Author Topic: Why nobody panic sells?  (Read 2046 times)
wobber
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October 08, 2011, 02:18:26 PM
 #1

I know there are some guys owning > 50,000 bitcoins? why they don't sell?

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October 08, 2011, 02:27:34 PM
 #2

I know there are some guys owning > 50,000 bitcoins? why they don't sell?

one question, multiple answers:

1) Absolute faith in the system
2) Stashed coins don't require maintenance
3) Actually be aware that price was driven up artificially to those 30$ heights
4) etc

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wobber
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October 08, 2011, 02:31:14 PM
 #3

Then I ask the mighty Gods that have power on their encrypted hard rives to pour some bulks of 10,000 on us mortals so the price goes lower.

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October 08, 2011, 02:40:28 PM
 #4

Then I ask the mighty Gods that have power on their encrypted hard rives to pour some bulks of 10,000 on us mortals so the price goes lower.

heh, hope they do and make us early adopters too  Cheesy

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October 08, 2011, 02:47:12 PM
 #5

Then I ask the mighty Gods that have power on their encrypted hard rives to pour some bulks of 10,000 on us mortals so the price goes lower.

Are you serious? You want the Value of coins to go DOWN?
The only fucking reason i can think as to WHY someone would want the value of coins to drop, Is so that they can buy then resell them

It's already at <$5 wth is wrong with you, If you cant afford bitcoins, Get out of the Markets

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https://bitcointalk.org/index.php?topic=857670.0 GAWminers and associated things are not to be trusted, Especially the "mineral" exchange
wobber
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October 08, 2011, 02:49:14 PM
 #6

Then I ask the mighty Gods that have power on their encrypted hard rives to pour some bulks of 10,000 on us mortals so the price goes lower.

Are you serious? You want the Value of coins to go DOWN?
The only fucking reason i can think as to WHY someone would want the value of coins to drop, Is so that they can buy then resell them

It's already at <$5 wth is wrong with you, If you cant afford bitcoins, Get out of the Markets

Hoarding and speculating got us here. If people sell (some) of their tens of thousands, they will be evenly dispersed,. I would also suggest everyone to destroy 2% of their coins to raise up the value.

If you hate me, you can spam me here: 19wdQNKjnATkgXvpzmSrkSYhJtuJWb8mKs
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October 08, 2011, 02:56:09 PM
 #7

Then I ask the mighty Gods that have power on their encrypted hard rives to pour some bulks of 10,000 on us mortals so the price goes lower.

Are you serious? You want the Value of coins to go DOWN?
The only fucking reason i can think as to WHY someone would want the value of coins to drop, Is so that they can buy then resell them

It's already at <$5 wth is wrong with you, If you cant afford bitcoins, Get out of the Markets

Hoarding and speculating got us here. If people sell (some) of their tens of thousands, they will be evenly dispersed,. I would also suggest everyone to destroy 2% of their coins to raise up the value.

Hoarding and speculation brought the price up to $60, THATS A GOOD THING FOR MINERS, Maybe not for Low income Marketeers. But $5 is Definitly not a 'falsifyed' value

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wobber
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October 08, 2011, 02:57:55 PM
 #8

60 or 30?

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October 08, 2011, 02:59:57 PM
 #9

60 or 30?


Did i say 60? Fuck i suck on the numberpad

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October 08, 2011, 03:01:51 PM
 #10

Then I ask the mighty Gods that have power on their encrypted hard rives to pour some bulks of 10,000 on us mortals so the price goes lower.

Are you serious? You want the Value of coins to go DOWN?
The only fucking reason i can think as to WHY someone would want the value of coins to drop, Is so that they can buy then resell them

It's already at <$5 wth is wrong with you, If you cant afford bitcoins, Get out of the Markets

Hoarding and speculating got us here. If people sell (some) of their tens of thousands, they will be evenly dispersed,. I would also suggest everyone to destroy 2% of their coins to raise up the value.

Lol! destroying coins won't make the remaining coins more valuable! And, "even dispersion" is a myth! Those with deep pockets will buy them all up! This isn't newegg with limit 1 per household orders.  

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October 08, 2011, 03:03:45 PM
 #11

Then I ask the mighty Gods that have power on their encrypted hard rives to pour some bulks of 10,000 on us mortals so the price goes lower.

Are you serious? You want the Value of coins to go DOWN?
The only fucking reason i can think as to WHY someone would want the value of coins to drop, Is so that they can buy then resell them

It's already at <$5 wth is wrong with you, If you cant afford bitcoins, Get out of the Markets

Hoarding and speculating got us here. If people sell (some) of their tens of thousands, they will be evenly dispersed,. I would also suggest everyone to destroy 2% of their coins to raise up the value.

Lol! destroying coins won't make the remaining coins more valuable! And, "even dispersion" is a myth! Those with deep pockets will buy them all up! This isn't newegg with limit 1 per household orders.  

I couldnt possibily agree more. If coin value drops, Then Mr.DeepPockets, Is going to buy EVERY coin, And you wont beable to purchase a Damn thing, And then what, Were all stuck with a Low value, And little to NO coins circulating

http://bitcoin-otc.com/viewratingdetail.php?nick=DingoRabiit&sign=ANY&type=RECV <-My Ratings
https://bitcointalk.org/index.php?topic=857670.0 GAWminers and associated things are not to be trusted, Especially the "mineral" exchange
Gerken
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October 08, 2011, 03:03:50 PM
 #12

Then I ask the mighty Gods that have power on their encrypted hard rives to pour some bulks of 10,000 on us mortals so the price goes lower.

Are you serious? You want the Value of coins to go DOWN?
The only fucking reason i can think as to WHY someone would want the value of coins to drop, Is so that they can buy then resell them

It's already at <$5 wth is wrong with you, If you cant afford bitcoins, Get out of the Markets

Hoarding and speculating got us here. If people sell (some) of their tens of thousands, they will be evenly dispersed,. I would also suggest everyone to destroy 2% of their coins to raise up the value.

Lol! destroying coins won't make the remaining coins more valuable! And, "even dispersion" is a myth! Those with deep pockets will buy them all up! This isn't newegg with limit 1 per household orders.  

Of course it will, it's deflation!  IT WILL WORK!

I couldnt possibily agree more. If coin value drops, Then Mr.DeepPockets, Is going to buy EVERY coin, And you wont beable to purchase a Damn thing, And then what, Were all stuck with a Low value, And little to NO coins circulating

So...exactly the same as now?   Cheesy

wareen
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October 08, 2011, 03:07:57 PM
 #13

Quote
Hoarding and speculating got us here. If people sell (some) of their tens of thousands, they will be evenly dispersed,. I would also suggest everyone to destroy 2% of their coins to raise up the value.
What's the problem with hoarding? What's the difference between somebody destroying his coins and somebody never selling them?
I must admit I don't quite follow your logic.

As for the dispersing of the coins: I agree in theory, but a low price alone isn't sufficient for that - you need quite some additional assumptions.

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Fiyasko
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October 08, 2011, 03:13:41 PM
 #14

Quote
Hoarding and speculating got us here. If people sell (some) of their tens of thousands, they will be evenly dispersed,. I would also suggest everyone to destroy 2% of their coins to raise up the value.
What's the problem with hoarding? What's the difference between somebody destroying his coins and somebody never selling them?
I must admit I don't quite follow your logic.

As for the dispersing of the coins: I agree in theory, but a low price alone isn't sufficient for that - you need quite some additional assumptions.

(to humor your question)
Destroyed=lol dude, It's Destroyed.
Hoarded=an XYZ value that changes and can be cashed in

Point=Why the fuck would you destroy coins?
Point=Holding them is a way to reduce Circulation and in turn Reduce how Volatile the market is
Point=Destroying them would be simmilar to hoarding them, But you cant Cash In something thats destroyed.

http://bitcoin-otc.com/viewratingdetail.php?nick=DingoRabiit&sign=ANY&type=RECV <-My Ratings
https://bitcointalk.org/index.php?topic=857670.0 GAWminers and associated things are not to be trusted, Especially the "mineral" exchange
RyNinDaCleM
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October 08, 2011, 03:32:02 PM
 #15

Then I ask the mighty Gods that have power on their encrypted hard rives to pour some bulks of 10,000 on us mortals so the price goes lower.

Are you serious? You want the Value of coins to go DOWN?
The only fucking reason i can think as to WHY someone would want the value of coins to drop, Is so that they can buy then resell them

It's already at <$5 wth is wrong with you, If you cant afford bitcoins, Get out of the Markets

Hoarding and speculating got us here. If people sell (some) of their tens of thousands, they will be evenly dispersed,. I would also suggest everyone to destroy 2% of their coins to raise up the value.

Lol! destroying coins won't make the remaining coins more valuable! And, "even dispersion" is a myth! Those with deep pockets will buy them all up! This isn't newegg with limit 1 per household orders. 

Of course it will, it's deflation!  IT WILL WORK!


It won't work until BitCoin becomes mainstream. And at that time, the divisibility of BitCoin takes over, and CAN be added to!
IMO, you'd have to "destroy" a hell of a lot more than 2% to make a real impact short term!

Fiyasko
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October 08, 2011, 04:04:34 PM
 #16

Then I ask the mighty Gods that have power on their encrypted hard rives to pour some bulks of 10,000 on us mortals so the price goes lower.

Are you serious? You want the Value of coins to go DOWN?
The only fucking reason i can think as to WHY someone would want the value of coins to drop, Is so that they can buy then resell them

It's already at <$5 wth is wrong with you, If you cant afford bitcoins, Get out of the Markets

Hoarding and speculating got us here. If people sell (some) of their tens of thousands, they will be evenly dispersed,. I would also suggest everyone to destroy 2% of their coins to raise up the value.

Lol! destroying coins won't make the remaining coins more valuable! And, "even dispersion" is a myth! Those with deep pockets will buy them all up! This isn't newegg with limit 1 per household orders. 

Of course it will, it's deflation!  IT WILL WORK!


It won't work until BitCoin becomes mainstream. And at that time, the divisibility of BitCoin takes over, and CAN be added to!
IMO, you'd have to "destroy" a hell of a lot more than 2% to make a real impact short term!

+1

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https://bitcointalk.org/index.php?topic=857670.0 GAWminers and associated things are not to be trusted, Especially the "mineral" exchange
grod
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October 08, 2011, 04:25:14 PM
 #17

There's less reason to panic sell at $5 then at $10 if your cost basis is pennies per coin (as it is for all early adopters).   The only ones who will capitulate are the 75% that got in between $8 and $30.   The other 25% is only a risk for panic selling at $30+.
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October 08, 2011, 04:27:24 PM
 #18

push to $4..lets see how long that wall lasts
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October 08, 2011, 04:35:40 PM
 #19

aannnd its gone
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October 08, 2011, 04:37:48 PM
 #20

Can't wait till it goes down to REAL value of <$1 as many have free elec.
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