Bitcoin Forum
November 12, 2024, 12:26:23 PM *
News: Check out the artwork 1Dq created to commemorate this forum's 15th anniversary
 
   Home   Help Search Login Register More  
Pages: [1] 2 3 4 »  All
  Print  
Author Topic: Mass panic buy when reaches $1?  (Read 5908 times)
joeyjoe (OP)
Full Member
***
Offline Offline

Activity: 224
Merit: 100


View Profile
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

Bitcoin PHP programmer for hire! (HTML / CSS / JQuery / AJAX / .NET).
DeathAndTaxes
Donator
Legendary
*
Offline Offline

Activity: 1218
Merit: 1079


Gerald Davis


View Profile
October 19, 2011, 01:02:39 AM
 #2

$1 is too low we should do it at $2.42.  Everyone panic buy now.
legolouman
Hero Member
*****
Offline Offline

Activity: 504
Merit: 504


Decent Programmer to boot!


View Profile
October 19, 2011, 01:05:35 AM
 #3

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

If you love me, you'd give me a Satoshi!
BTC - 1MSzGKh5znbrcEF2qTrtrWBm4ydH5eT49f
LTC - LYeJrmYQQvt6gRQxrDz66XTwtkdodx9udz
joeyjoe (OP)
Full Member
***
Offline Offline

Activity: 224
Merit: 100


View Profile
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.

Bitcoin PHP programmer for hire! (HTML / CSS / JQuery / AJAX / .NET).
sadpandatech
Hero Member
*****
Offline Offline

Activity: 504
Merit: 500



View Profile
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
Legendary
*
Offline Offline

Activity: 1904
Merit: 1037


Trusted Bitcoiner


View Profile WWW
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
Hero Member
*****
Offline Offline

Activity: 812
Merit: 1000



View Profile
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
Full Member
***
Offline Offline

Activity: 126
Merit: 100


View Profile
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
Hero Member
*****
Offline Offline

Activity: 717
Merit: 501


View Profile
October 19, 2011, 03:07:22 AM
 #9

I would sell at 1 to buy 10000 in another currency.
payb.tc
Hero Member
*****
Offline Offline

Activity: 812
Merit: 1000



View Profile
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
Donator
Legendary
*
Offline Offline

Activity: 1120
Merit: 1001


View Profile
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.

16SvwJtQET7mkHZFFbJpgPaDA1Pxtmbm5P
cbeast
Donator
Legendary
*
Offline Offline

Activity: 1736
Merit: 1014

Let's talk governance, lipstick, and pigs.


View Profile
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
Legendary
*
Offline Offline

Activity: 1904
Merit: 1037


Trusted Bitcoiner


View Profile WWW
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
Hero Member
*****
Offline Offline

Activity: 700
Merit: 501



View Profile WWW
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
Donator
Legendary
*
Offline Offline

Activity: 1736
Merit: 1014

Let's talk governance, lipstick, and pigs.


View Profile
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
Legendary
*
Offline Offline

Activity: 1904
Merit: 1037


Trusted Bitcoiner


View Profile WWW
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
Hero Member
*****
Offline Offline

Activity: 784
Merit: 1000


bitcoin hundred-aire


View Profile
October 19, 2011, 03:50:41 AM
 #17


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

xD

(BFL)^2 < 0
FormerlyAnonymous
Newbie
*
Offline Offline

Activity: 37
Merit: 0


View Profile
October 19, 2011, 03:52:20 AM
 #18

1,2,3,4 I declare a levelling war!
payb.tc
Hero Member
*****
Offline Offline

Activity: 812
Merit: 1000



View Profile
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
Hero Member
*****
Offline Offline

Activity: 700
Merit: 501



View Profile WWW
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

Pages: [1] 2 3 4 »  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!