wobber (OP)
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Merit: 1001
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July 08, 2014, 06:43:15 PM |
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I just need to convince at least 70% of the sellers on major exchanges to put asks at more than $1100. Very interesting, if all would do the same we'd have this price in a few days. Maybe I should make a nice website www.sell-at-1100.com and make it popular for people that don't read the Speculation subforum. What do you say guys?
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dropt
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Activity: 1512
Merit: 1000
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July 08, 2014, 06:51:21 PM |
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Greed would assure this will never happen. Knowing that everyone will place at $1100 means I should put mine at $1099.99, because what's a few cents if I sell first?
So now I see this guy at $1099.99 and say "shit, I'll just undercut that guy by a cent". So then I place my ask at $1099.98.
After everyone's done fucking the other guy for their place in line the last guy says: "Shit, I'll just cut that other guy out by a cent", and places his ask at $624.99.
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twiifm
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July 08, 2014, 06:59:48 PM |
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Greed would assure this will never happen. Knowing that everyone will place at $1100 means I should put mine at $1099.99, because what's a few cents if I sell first?
So now I see this guy at $1099.99 and say "shit, I'll just undercut that guy by a cent". So then I place my ask at $1099.98.
After everyone's done fucking the other guy for their place in line the last guy says: "Shit, I'll just cut that other guy out by a cent", and places his ask at $624.99.
Yeah classic case of prisoners dilemma
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RyNinDaCleM
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Activity: 2408
Merit: 1009
Legen -wait for it- dary
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July 08, 2014, 07:22:54 PM |
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Greed would assure this will never happen. Knowing that everyone will place at $1100 means I should put mine at $1099.99, because what's a few cents if I sell first?
So now I see this guy at $1099.99 and say "shit, I'll just undercut that guy by a cent". So then I place my ask at $1099.98.
After everyone's done fucking the other guy for their place in line the last guy says: "Shit, I'll just cut that other guy out by a cent", and places his ask at $624.99.
This exactly! They tried it in 2011. Don't you remember, wobber? You were here! The free market does what the free market does. There is no changing it
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Dragonkiller
Sr. Member
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Activity: 378
Merit: 250
Super Smash Bros. Ultimate Available Now!
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July 08, 2014, 07:31:20 PM |
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You get the award for the stupidest post of the day. Well done, you should be proud.
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TheJuice
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July 08, 2014, 07:37:19 PM |
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I just need to convince at least 70% of the sellers on major exchanges to put asks at more than $1100. Very interesting, if all would do the same we'd have this price in a few days. Maybe I should make a nice website www.sell-at-1100.com and make it popular for people that don't read the Speculation subforum. What do you say guys? Why stop there? Let's make it 1 million.... (ill secretly sell at 999,999)
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wobber (OP)
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Activity: 1064
Merit: 1001
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July 08, 2014, 07:45:21 PM |
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You get the award for the stupidest post of the day. Well done, you should be proud.
Thank you!
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If you hate me, you can spam me here: 19wdQNKjnATkgXvpzmSrkSYhJtuJWb8mKs
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bangalore
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July 08, 2014, 07:52:27 PM |
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may be you need to try with a bot network not with sellers
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Xiaoxiao
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Activity: 1274
Merit: 1000
The Golden Rule Rules
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July 08, 2014, 07:59:51 PM |
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I just need to convince at least 70% of the sellers on major exchanges to put asks at more than $1100. Very interesting, if all would do the same we'd have this price in a few days. Maybe I should make a nice website www.sell-at-1100.com and make it popular for people that don't read the Speculation subforum. What do you say guys? Just make sure those people don't see this post.
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scarsbergholden
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July 08, 2014, 08:02:22 PM |
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I have asks from $710 - $760 and I don't plan on moving them. See you on the bounce down from there.
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ElectricMucus
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Activity: 1666
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Marketing manager - GO MP
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July 08, 2014, 08:31:02 PM |
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simple question: are you trolling?
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wobber (OP)
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Activity: 1064
Merit: 1001
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July 08, 2014, 08:52:37 PM |
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simple question: are you trolling? no.
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If you hate me, you can spam me here: 19wdQNKjnATkgXvpzmSrkSYhJtuJWb8mKs
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ThomasCrowne
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Activity: 210
Merit: 100
★☆★ 777Coin - The Exciting Bitco
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July 09, 2014, 07:23:30 AM |
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Ahh to hell with it. Set your BTC prices @ $1,100 and turn IPO mode on!!
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Elwar
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Activity: 3598
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Viva Ut Vivas
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July 09, 2014, 07:42:44 AM |
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Why would I sell at $1100?
Way too low. I can't even pay off my mortgage with that.
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First seastead company actually selling sea homes: Ocean Builders https://ocean.builders Of course we accept bitcoin.
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Malin Keshar
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July 09, 2014, 10:29:22 AM |
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No, you should convince 70% of the people on exchanges to hodl or destroy their coins. Or convince them to load some 10's of billions on exchanges. There is a scarce resource, there is money in the market, only way to price go up is making the resource even more scarce, or by increasing the demand(=more money in the market), there is no workaround.
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xybersurfer
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July 09, 2014, 11:01:18 AM |
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why don't you try publishing some news articles
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Febo
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July 09, 2014, 12:15:20 PM |
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Greed would assure this will never happen. Knowing that everyone will place at $1100 means I should put mine at $1099.99, because what's a few cents if I sell first?
So now I see this guy at $1099.99 and say "shit, I'll just undercut that guy by a cent". So then I place my ask at $1099.98.
After everyone's done fucking the other guy for their place in line the last guy says: "Shit, I'll just cut that other guy out by a cent", and places his ask at $624.99.
But then you will be BTC less and when we wil all set price at 1100, all world will get panic and all will start buying BTC for few days and we would just remove sell orders and set at 11k. Since you are greedy you will not be able to do that.
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spiderbrain
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Activity: 889
Merit: 1013
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July 09, 2014, 12:35:49 PM |
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Already got asks of $1500 and $2000 on stamp. Won't be too long now.
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Benjig
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July 09, 2014, 06:07:12 PM |
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I just need to convince at least 70% of the sellers on major exchanges to put asks at more than $1100. Very interesting, if all would do the same we'd have this price in a few days. Maybe I should make a nice website www.sell-at-1100.com and make it popular for people that don't read the Speculation subforum. What do you say guys? You cannot convice anyone to do that, its like the pump and dumps organized by fontass, he was telling one price while at the end everybody was selling earlier
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Erdogan
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Activity: 1512
Merit: 1005
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July 10, 2014, 06:27:54 PM |
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I just need to convince at least 70% of the sellers on major exchanges to put asks at more than $1100. Very interesting, if all would do the same we'd have this price in a few days. Maybe I should make a nice website www.sell-at-1100.com and make it popular for people that don't read the Speculation subforum. What do you say guys? In the free market, cartels don't work. It is really to profitable to set the ask just below the cartel price.
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