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Author Topic: Warning, Sell your bitcoins ASAP before we break the $5.00 wall  (Read 17108 times)
Edward50
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February 14, 2012, 02:30:44 AM
 #1

Just a friendly warning,   Grin

Sell your bitcoins before we break the $5.00 wall, because once we do we will probably be testing $2.00 again.

I own bitcoins that I bought at 5.2, and am in the process of selling them before we break the $5.00 wall.
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Oldminer
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February 14, 2012, 02:31:48 AM
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Sold mine many moons ago  Grin

Edward50
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February 14, 2012, 02:34:23 AM
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Sold mine many moons ago  Grin

Shit I may have to take my first bitcoin loss if those damn manipulators don't start pushing the price up higher. They are letting us all rot here. Well, at least they have their 18K Bid wall at $5.00 that I will probably sell into.
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February 14, 2012, 02:38:55 AM
 #4

shit, anyone know if you can do a stop loss on Mt Gox?
tulkos
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February 14, 2012, 02:42:42 AM
 #5

Wall just broke  Shocked

goxed
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February 14, 2012, 02:43:50 AM
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Catch the falling Knife, and get bloodied

QikFury boards, from chips to mining in 2hrs. https://bitcointalk.org/index.php?topic=391689.0
Never underestimate the power of a pencil Wink https://bitcointalk.org/index.php?topic=287590.msg3099428#msg3099428  http://i.imgur.com/FY1CBQyl.jpg Your donations allows me to experiment with HW 1FrW5ka9CRVWdL9EM4Jut9eHWU1a1biyy5
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February 14, 2012, 02:44:25 AM
 #7

BUY BUY BUY  Cool

"A banker is a fellow who lends you his umbrella when the sun is shining, but wants it back the minute it begins to rain." - Mark Twain
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February 14, 2012, 02:44:45 AM
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Going down down down  Embarrassed
dopamine
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February 14, 2012, 02:44:57 AM
 #9

Ouch... look out below...

Bitcoinica still has not given me 50% of my claim of 600 BTC
INTERSANGO can go down with bitcoinica for abandoning customers
Alberto Armandi is a SCAMMER
cheat_2_win
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February 14, 2012, 02:46:00 AM
 #10

I thought I wouldn't see panic selling anymore. No. It was only matter of scale. Couple of months ago selling 30K bitcoins was enough to scare people. Now, it takes ~100K. But people still panic. It is so much fun to watch than participate.
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February 14, 2012, 02:48:56 AM
 #11

The sells aren't exactly piling up. I think what we are seeing here is a bear trap.
Edward50
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February 14, 2012, 02:49:13 AM
 #12

HOLY SHIT FUCKING PANIC SELL

I couldn't sell my fucking bitcoins fast enough. I took a bit of a fucking loss.

Stupid fucking mt. gox does not have a stop loss, where I would have sold my coins before the $5.00 wall was broke.

That was intense selling those coins.

Well I gambled. I had my chance to sell above $5.2 all day today. And had my chance to sell at $5.1 just before the drop and my warning.

Now I have a fucking bit coin loss.

I knew better than to hold them, but held them like an idiot. Just look at my last posts when I said multiple times I was selling,
ineededausername
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February 14, 2012, 02:50:55 AM
 #13

HOLY SHIT FUCKING PANIC SELL

I couldn't sell my fucking bitcoins fast enough. I took a bit of a fucking loss.

Stupid fucking mt. gox does not have a stop loss, where I would have sold my coins before the $5.00 wall was broke.

That was intense selling those coins.

Well I gambled. I had my chance to sell above $5.2 all day today. And had my chance to sell at $5.1 just before the drop and my warning.

Now I have a fucking bit coin loss.

I knew better than to hold them, but held them like an idiot. Just look at my last posts when I said multiple times I was selling,

Shocked

Edward's mad this time! Grin

(BFL)^2 < 0
RyNinDaCleM
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February 14, 2012, 02:55:25 AM
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I still think it's weird to see him post more than once in the same thread.   Undecided

Help strengthen the economy! Send a tip Smiley
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February 14, 2012, 02:59:01 AM
 #15

The pattern I see right now reminds me of the pattern I saw when price went down from 2.50 to 2.0.
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February 14, 2012, 03:02:16 AM
 #16

Have to be careful what you say in this forum. Can turn against you!  Shocked
I take your advice and sold at 5.03
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February 14, 2012, 03:04:08 AM
 #17

The last time it declined i cashed out ($10->2$), sold my rigs, i'm not as far in the whole this time. I might even buy a bunch if they manage to fall much more.

I'm not see'ing what exactly crashed the price though, other than Mt.Gox has 173k volume, is that what it is?

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cheat_2_win
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February 14, 2012, 03:18:40 AM
 #18

The sells aren't exactly piling up. I think what we are seeing here is a bear trap.

I have a feeling you might be right.
Edward50
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February 14, 2012, 03:35:31 AM
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The sells aren't exactly piling up. I think what we are seeing here is a bear trap.

I have a feeling you might be right.

I don't think it is a bear trap, the price has been taking a beating for weeks now. Finally someone was able to break through some of the manipulators walls and attemps at trying to hold the price stable.

All classic signs we will be going lower very soon. Someone is invested in the price falling, and it will continue.
Edward50
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February 14, 2012, 03:51:35 AM
 #20

The sells aren't exactly piling up. I think what we are seeing here is a bear trap.

I have a feeling you might be right.

I don't think it is a bear trap, the price has been taking a beating for weeks now. Finally someone was able to break through some of the manipulators walls and attemps at trying to hold the price stable.

All classic signs we will be going lower very soon. Someone is invested in the price falling, and it will continue.

Edward50, I'm afraid you lost any credibility with me on the "I think it is safe to buy now" thread.

lol,
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