It turns out the guy sold 30k at $300 is smart

[Yellowjackets]

If he try to sell 30k coins now, it would probably end up with $100 per coins

Next time (if bitcoin can last until that), when huge dumps happen, you know what to do

By the way, is Overstock going bankrupt or something? i guess it's CEO will get fired soon for his wrong marketing judgement of the future by it's shareholders, however most companies will be fine since they don't keep single coin which turn out to be smart decisions too

[xDan]

Congratulations on your first ever post to bitcointalk!

I look forward to many more equally insightful posts from you.

[criptix]

a picture says more then thousand words

[dropt]

If he try to sell 30k coins now, it would probably end up with $100 per coins

Next time (if bitcoin can last until that), when huge dumps happen, you know what to do

By the way, is Overstock going bankrupt or something? i guess it's CEO will get fired soon for his wrong marketing judgement of the future by it's shareholders, however most companies will be fine since they don't keep single coin which turn out to be smart decisions too

No, he was a dumbass.  We spent two months well above $300 where said person could have sold slowly for more $$$.

[celebreze32]

At least he didn't click the *sell* button and dump the price down to $1.

[panju1]

If he try to sell 30k coins now, it would probably end up with $100 per coins

Next time (if bitcoin can last until that), when huge dumps happen, you know what to do

By the way, is Overstock going bankrupt or something? i guess it's CEO will get fired soon for his wrong marketing judgement of the future by it's shareholders, however most companies will be fine since they don't keep single coin which turn out to be smart decisions too

We celebrated the slaying of the bear-whale too early.

[BlindMayorBitcorn]

a picture says more then thousand words

[applesRyummy]

If he try to sell 30k coins now, it would probably end up with $100 per coins

Next time (if bitcoin can last until that), when huge dumps happen, you know what to do

By the way, is Overstock going bankrupt or something? i guess it's CEO will get fired soon for his wrong marketing judgement of the future by it's shareholders, however most companies will be fine since they don't keep single coin which turn out to be smart decisions too

No, he was a dumbass.  We spent two months well above $300 where said person could have sold slowly for more $$$.

Right. Unless there was a reason he needed the money right away (and all of it) then it would have been much wiser to have sold over time.

As soon as his sell order was cleared the price of bitcoin rallied by >10%

[wobber]

right...the guy can buy all back with a profit. what a dumbass

[1Referee]

You guys assume that the 30K Bitcoin whale sold his coins....

That dude was just playing around trying to trigger panic.

He was just buying and selling into his own walls.

[Bobsurplus]

a picture says more then thousand words

via Imgflip Meme Maker

[BitCoinNutJob]

If he try to sell 30k coins now, it would probably end up with $100 per coins

Not that smart, he could have got way over $400 shortly after or higher still if he sold over the whole year previous - not like he didnt have a chance.  Also probably cant even buy back 30k BTC unless the market goes even lower.

[picolo]

If he try to sell 30k coins now, it would probably end up with $100 per coins

Next time (if bitcoin can last until that), when huge dumps happen, you know what to do

By the way, is Overstock going bankrupt or something? i guess it's CEO will get fired soon for his wrong marketing judgement of the future by it's shareholders, however most companies will be fine since they don't keep single coin which turn out to be smart decisions too

I think he could sell 30k now and get more than 200$ in average but he is part of the reason why the price is so low. Maybe he is buying back now!

[BitCoinNutJob]

If he try to sell 30k coins now, it would probably end up with $100 per coins

Next time (if bitcoin can last until that), when huge dumps happen, you know what to do

By the way, is Overstock going bankrupt or something? i guess it's CEO will get fired soon for his wrong marketing judgement of the future by it's shareholders, however most companies will be fine since they don't keep single coin which turn out to be smart decisions too

I think he could sell 30k now and get more than 200$ in average but he is part of the reason why the price is so low. Maybe he is buying back now!

Could he buy back 30k now without pushing the market back over $300?  he needs lower price?

[ParabellumLite]

If he try to sell 30k coins now, it would probably end up with $100 per coins

Next time (if bitcoin can last until that), when huge dumps happen, you know what to do

By the way, is Overstock going bankrupt or something? i guess it's CEO will get fired soon for his wrong marketing judgement of the future by it's shareholders, however most companies will be fine since they don't keep single coin which turn out to be smart decisions too

I think he could sell 30k now and get more than 200$ in average but he is part of the reason why the price is so low. Maybe he is buying back now!

Could he buy back 30k now without pushing the market back over $300?  he needs lower price?

Or that other option: he simply won't get back, and he's using his earnings to trade other commodities.

[TeeBone]

Smart ? Effing genius ! 

[applesRyummy]

right...the guy can buy all back with a profit. what a dumbass

Obvious sarcasm.

Even though his trade is now a profitable one, it was not profitable immediately after he finished the trade and stayed the same for several weeks. Additionally the price he sold at was at the bottom of a trading range that the price was trading at for several months

[Jammalan the Prophet]

Congratulations on your first ever post to bitcointalk!

I look forward to many more equally insightful posts from you.

Congratulations on your "post your average price of buying back in - 2014 ONLY"

About $620 I bought a couple, on the way down... Nearly going to see that price again

I'm quite amazed it went as far down as it did.

Of course, I don't have any sell price to quote

I look forward for much such wow trading and advice from amazing you

Re: Predict the price of Bitcoin on 1 April 2015 - win CGB's

$25,000

(realistically, I'd say anywhere between $5,000 and $50,000 depending on sooo many factors.)

[xDan]

Congratulations on your "post your average price of buying back in - 2014 ONLY"

About $620 I bought a couple, on the way down... Nearly going to see that price again

I'm quite amazed it went as far down as it did.

Of course, I don't have any sell price to quote

I look forward for much such wow trading and advice from amazing you

Actually, those BTC I only bought to buy some DRK. Which made a nice little profit, hence the smilies of not giving a fuck

The only trading advice I have to give is don't invest more than you can afford to lose. My own last purchase of BTC (to hodl, not spend immediately) was in 2011. I wouldn't personally buy more in this climate, I'd wait until some bitcoin-only services/apps gain some momentum.

Congratulations on the happy birth of a new sockpuppet!

[Jammalan the Prophet]

Congratulations on your "post your average price of buying back in - 2014 ONLY"

About $620 I bought a couple, on the way down... Nearly going to see that price again

I'm quite amazed it went as far down as it did.

Of course, I don't have any sell price to quote

I look forward for much such wow trading and advice from amazing you

Actually, those BTC I only bought to buy some DRK. Which made a nice little profit, hence the smilies of not giving a fuck

The only trading advice I have to give is don't invest more than you can afford to lose.

Congratulations on the happy birth of a new sockpuppet!

Of course you did , of course.....
Have another cookie.

So , are those black wabbits still chasing you and stealing your socks?