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Author Topic: zOMG SellOff!  (Read 3413 times)
bitcoinbear
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November 27, 2012, 05:14:29 AM
 #21

And not so surprisingly, there is an almost identical thread started today! Why do people keep starting the exact same thread over and over again?

"Hey, the price moved, what could it be?"
"Nobody knows."

The only exception was one time somebody posted "Why did the price just plummet?"  and everybody was like "Didn't you hear, Pirate just shut down his ponzi scheme."

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molecular
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May 03, 2013, 08:28:24 PM
 #22

it's been half a year since this post:

hardly been half a year since then. bitcoin is so bullish

let's see if we can manage to necro this thread once again in 6 months Wink

we'll insult each other for a bit and then affirm that the market has been amazingly bullish.

we should do this twice a year, I think.

so hey smoothie you fucktwit, hasn't the market been amazingly bullish?

15K BTC sold from ~$5.14 to ~$4.99.

As I'm posting, the spread is so big that it actually bounced back up to $5.14 afterwards.

LOL wow a whole 15 cent spread.

hahahahaha this is funny in hind sight.

wtf, smoothie? necroposting like that is pretty low, dude. Noone notice you any more? Maybe your ignore-score is the problem.

apart from that: you have a very good point: in bitcoin, as in any other bull market, the best strategy is to hold you position on the way up.

So in the 6 months from April 2012 to November 2012 bitcoin went from $5 to $10 (+100%) and we freaked out about it. From November 2012 to Mai 2013 it went from $10 to $90 (+900%).

I'd say the bolded part above was a good suggestion... the market got even more bullish while reading smoothies posts became more pleasent in general.

amazing times.

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May 03, 2013, 08:51:41 PM
 #23

in 6 months, 1000? Impossible!

Well that said that only puts a market cap of 11 billion on bitcoin.

What goes up might not come down.
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May 03, 2013, 08:55:54 PM
 #24

why didnt you resurrect this post when the price was at $260 instead?

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May 03, 2013, 09:10:12 PM
 #25

tug tug on molecular ego

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May 03, 2013, 10:25:52 PM
 #26

15K BTC sold from ~$5.14 to ~$4.99.


By a strange coincidence, 15K BTC bought at exactly the same time!!  It's almost like there's a conservation principle!?
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May 03, 2013, 10:35:40 PM
 #27

15K BTC sold from ~$5.14 to ~$4.99.


By a strange coincidence, 15K BTC bought at exactly the same time!!  It's almost like there's a conservation principle!?

So waiting 1 year would have given you 1,350,000$ more - or 3,915,000$ with really good timing.

Makes you think about daytrading, doesn't it?
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May 04, 2013, 09:11:17 AM
 #28

15K BTC sold from ~$5.14 to ~$4.99.


By a strange coincidence, 15K BTC bought at exactly the same time!!  It's almost like there's a conservation principle!?

So waiting 1 year would have given you 1,350,000$ more - or 3,915,000$ with really good timing.

Makes you think about daytrading, doesn't it?

yeah, well actually for me it looks like it's going to be "screw daytrading". You have to do it right (which takes a lot of devotion) to beat the simple "hold" strategy. "Hold" requires no devotion or time which is then free for other things.

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May 04, 2013, 01:50:13 PM
 #29

Funny to see how people would make a big deal about that volume Tongue This is just an hourly occurrence now haha.
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May 04, 2013, 01:57:02 PM
 #30

in 6 months, 1000? Impossible!

Well that said that only puts a market cap of 11 billion on bitcoin.

I'm quite conservative so I'll allow 18 months for mBTC-dollar parity. Smiley

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May 04, 2013, 02:53:46 PM
 #31

15K BTC sold from ~$5.14 to ~$4.99.

As I'm posting, the spread is so big that it actually bounced back up to $5.14 afterwards.

zOMG guys we moved a whole 15 cents!  Cheesy Cheesy Cheesy

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molecular
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May 05, 2013, 09:46:38 AM
 #32

15K BTC sold from ~$5.14 to ~$4.99.

As I'm posting, the spread is so big that it actually bounced back up to $5.14 afterwards.

zOMG guys we moved a whole 15 cents!  Cheesy Cheesy Cheesy

actually 15 cents was 3% back then. Equivalent would be 3$ at todays prices.

PGP key molecular F9B70769 fingerprint 9CDD C0D3 20F8 279F 6BE0  3F39 FC49 2362 F9B7 0769
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