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Author Topic: Mass panic buy when reaches $1?  (Read 5292 times)
joeyjoe
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October 19, 2011, 12:59:54 AM
 #1

Will everyone panic buy the coins when the prices get lower?

I am thinking of buying 10,000 coins when i see the price drop to $1. If everyone urged everyone else to do the same, the price will rise, and sharply! everyone will be a winner!

is $1 too high / too low?

Thanks

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DeathAndTaxes
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October 19, 2011, 01:02:39 AM
 #2

$1 is too low we should do it at $2.42.  Everyone panic buy now.
legolouman
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October 19, 2011, 01:05:35 AM
 #3

You're planning on catching a falling knife? Very risky move...

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joeyjoe
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October 19, 2011, 01:05:50 AM
 #4

$1 is too low we should do it at $2.42.  Everyone panic buy now.

But its not worth doing, untill it hits a price where everyone would naturally consider it an appealing amount to mass buy, I would think the majority of people who plan to mass buy would wait for prices to hit $1. If everyone did, then the price would sky rocket.

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sadpandatech
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October 19, 2011, 01:07:30 AM
 #5

Will everyone panic buy the coins when the prices get lower?

I am thinking of buying 10,000 coins when i see the price drop to $1. If everyone urged everyone else to do the same, the price will rise, and sharply! everyone will be a winner!

is $1 too high / too low?

Thanks

  The bigger question would be, "is there enough volume to fill your 10k at $1"?  I would highly suspect you would end up with only about ~4500 or so coins for that 10k. As I would venture to guess the bots and the traders who were actually paying attention would catch on pretty quick. ;p

If you're not excited by the idea of being an early adopter 'now', then you should come back in three or four years and either tell us "Told you it'd never work!" or join what should, by then, be a much more stable and easier-to-use system. - GA
It is being worked on by smart people. -DamienBlack
adamstgBit
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October 19, 2011, 02:04:21 AM
 #6

Will everyone panic buy the coins when the prices get lower?

I am thinking of buying 10,000 coins when i see the price drop to $1. If everyone urged everyone else to do the same, the price will rise, and sharply! everyone will be a winner!

is $1 too high / too low?

Thanks

  The bigger question would be, "is there enough volume to fill your 10k at $1"?  I would highly suspect you would end up with only about ~4500 or so coins for that 10k. As I would venture to guess the bots and the traders who were actually paying attention would catch on pretty quick. ;p

good point ...... ok then, lets make the Mass panic buy even lower... the first dip into 0.75$ signals the biggest rally bitcoin has ever seen

tell your friends about this investment opportunity lets use the lowwer prices as they should be use ... to get new players

payb.tc
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October 19, 2011, 02:10:41 AM
 #7

i was saying in another thread that it might spike lower than $1 but now i'm not so sure...

because if you're prepared to buy 10k and i probably am too and possibly a few others would bulk buy at $1 then the price is going to have a heck of a fight pushing through that barrier.
gw4tt
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October 19, 2011, 02:56:27 AM
 #8

$1 does seem to throw off "buy" signals for me. Especially since it means all bitcoins combined are only worth $7million, but I tend to think the system is worth a bit more than that.
steelhouse
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October 19, 2011, 03:07:22 AM
 #9

I would sell at 1 to buy 10000 in another currency.
payb.tc
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October 19, 2011, 03:09:31 AM
 #10

I would sell at 1 to buy 10000 in another currency.

thanks. good to know there's someone to buy from for $1 each... you want to set up a deal outside the exchanges?

HorseRider
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October 19, 2011, 03:25:11 AM
 #11

only bitcoin having big new killer applications will save the price of bitcoin.  The application is not only a better choice, but should be a "have to" choice, just like silk road.

As you haven't invented it, so I don't see where the price rise will come.

People will move on, if bitcoin don't bring new applications. There will be iphone5, iphone6, iphone8 waiting for ppl to kill money and time.

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cbeast
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October 19, 2011, 03:29:07 AM
 #12

I would sell at 1 to buy 10000 in another currency.

thanks. good to know there's someone to buy from for $1 each... you want to set up a deal outside the exchanges?



Let's all agree to only buy at $1 and create a $7Mil buy wall. Remember, don't bid over $1. Agreed?

Any significantly advanced cryptocurrency is indistinguishable from Ponzi Tulips.
adamstgBit
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October 19, 2011, 03:32:50 AM
 #13

I would sell at 1 to buy 10000 in another currency.

thanks. good to know there's someone to buy from for $1 each... you want to set up a deal outside the exchanges?



Let's all agree to only buy at $1 and create a $7Mil buy wall. Remember, don't bid over $1. Agreed?

I agree! (fingers crossed Muhahaha)

Jeremy West spendbitcoins.com
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October 19, 2011, 03:42:46 AM
 #14

I would sell at 1 to buy 10000 in another currency.

thanks. good to know there's someone to buy from for $1 each... you want to set up a deal outside the exchanges?



Let's all agree to only buy at $1 and create a $7Mil buy wall. Remember, don't bid over $1. Agreed?

As long as everyone [else] is in complete agreement... <goes off to place his bid for 1.01>.

cbeast
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Let's talk governance, lipstick, and pigs.


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October 19, 2011, 03:47:25 AM
 #15

I would sell at 1 to buy 10000 in another currency.

thanks. good to know there's someone to buy from for $1 each... you want to set up a deal outside the exchanges?



Let's all agree to only buy at $1 and create a $7Mil buy wall. Remember, don't bid over $1. Agreed?

As long as everyone [else] is in complete agreement... <goes off to place his bid for 1.01>.

Durn, I was hoping nobody would figure out my ebil scheme. *changes bid from 1.01 to 1.02*

Any significantly advanced cryptocurrency is indistinguishable from Ponzi Tulips.
adamstgBit
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October 19, 2011, 03:50:07 AM
 #16

the bigger question is ..... at want price to we stop buying!

so lets say it hits 1$

everyone gose nuts and buys bitcoins in mass

10,000coins sold the price is now 5$ a coin.

wtf do we do now!?

ineededausername
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October 19, 2011, 03:50:41 AM
 #17


10,000coins sold the price is now 5$ a coin.

xD

(BFL)^2 < 0
FormerlyAnonymous
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October 19, 2011, 03:52:20 AM
 #18

1,2,3,4 I declare a levelling war!

payb.tc/formerlyanonymous
payb.tc
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October 19, 2011, 03:54:35 AM
 #19

everyone gose nuts and buys bitcoins in mass

and then puts it in the church's technologically-advanced 'collection plate' Cheesy
Jeremy West spendbitcoins.com
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October 19, 2011, 03:56:09 AM
 #20

everyone gose nuts and buys bitcoins in mass

and then puts it in the church's technologically-advanced 'collection plate' Cheesy


boom-tish

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