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Edward50 (OP)
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February 14, 2012, 02:30:44 AM |
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Just a friendly warning,  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. |
Empty your mind, be formless, shapeless — like water. Now you put water in a cup, it becomes the cup; You put water into a bottle it becomes the bottle; You put it in a teapot it becomes the teapot. Now water can flow or it can crash. Be water, my friend.
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According to NIST and ECRYPT II, the cryptographic algorithms used in
Bitcoin are expected to be strong until at least 2030. (After that, it
will not be too difficult to transition to different algorithms.)
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Oldminer
Legendary
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Activity: 1022
Merit: 1001
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February 14, 2012, 02:31:48 AM |
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Sold mine many moons ago |
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Edward50 (OP)
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February 14, 2012, 02:34:23 AM |
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Sold mine many moons ago 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. |
Empty your mind, be formless, shapeless — like water. Now you put water in a cup, it becomes the cup; You put water into a bottle it becomes the bottle; You put it in a teapot it becomes the teapot. Now water can flow or it can crash. Be water, my friend.
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Edward50 (OP)
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February 14, 2012, 02:38:55 AM |
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shit, anyone know if you can do a stop loss on Mt Gox?
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Empty your mind, be formless, shapeless — like water. Now you put water in a cup, it becomes the cup; You put water into a bottle it becomes the bottle; You put it in a teapot it becomes the teapot. Now water can flow or it can crash. Be water, my friend.
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tulkos
Member
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Activity: 74
Merit: 10
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February 14, 2012, 02:42:42 AM |
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Wall just broke  |
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goxed
Legendary
Offline
Activity: 1946
Merit: 1006
Bitcoin / Crypto mining Hardware.
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February 14, 2012, 02:43:50 AM |
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Catch the falling Knife, and get bloodied
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Revewing Bitcoin / Crypto mining Hardware.
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SlaveInDebt
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February 14, 2012, 02:44:25 AM |
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BUY BUY BUY  |
"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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Sysrq
Member
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Activity: 66
Merit: 10
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February 14, 2012, 02:44:45 AM |
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Going down down down  |
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dopamine
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February 14, 2012, 02:44:57 AM |
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Ouch... look out below...
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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
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cheat_2_win
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February 14, 2012, 02:46:00 AM |
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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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bittenbob
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February 14, 2012, 02:48:56 AM |
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The sells aren't exactly piling up. I think what we are seeing here is a bear trap.
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Edward50 (OP)
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February 14, 2012, 02:49:13 AM |
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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,
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Empty your mind, be formless, shapeless — like water. Now you put water in a cup, it becomes the cup; You put water into a bottle it becomes the bottle; You put it in a teapot it becomes the teapot. Now water can flow or it can crash. Be water, my friend.
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ineededausername
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February 14, 2012, 02:50:55 AM |
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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,
Edward's mad this time! |
(BFL)^2 < 0
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RyNinDaCleM
Legendary
Offline
Activity: 2408
Merit: 1009
Legen -wait for it- dary
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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.  |
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cheat_2_win
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February 14, 2012, 02:59:01 AM |
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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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thegato
Newbie
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Activity: 19
Merit: 0
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February 14, 2012, 03:02:16 AM |
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Have to be careful what you say in this forum. Can turn against you! I take your advice and sold at 5.03 |
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Kohta
Member
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Activity: 63
Merit: 10
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February 14, 2012, 03:04:08 AM |
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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 |
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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. |
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Edward50 (OP)
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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. |
Empty your mind, be formless, shapeless — like water. Now you put water in a cup, it becomes the cup; You put water into a bottle it becomes the bottle; You put it in a teapot it becomes the teapot. Now water can flow or it can crash. Be water, my friend.
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Edward50 (OP)
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February 14, 2012, 03:51:35 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, I'm afraid you lost any credibility with me on the "I think it is safe to buy now" thread. lol, |
Empty your mind, be formless, shapeless — like water. Now you put water in a cup, it becomes the cup; You put water into a bottle it becomes the bottle; You put it in a teapot it becomes the teapot. Now water can flow or it can crash. Be water, my friend.
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