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Topic: ATTENTION The market collapses! Sell as quickly as you can!! (Read 5304 times)

member
Activity: 336
Merit: 10
I told you  Grin
sr. member
Activity: 364
Merit: 250
Quote from: The Bitcoin News Network
Bitcoin Economy Crashing, Says Trader Who Sold 10,000 BTC at $1 Each

A prominent trader said today that Bitcoins were inherently worthless, and should be sold immediately.

"The market dropped 20%. Big fishes are selling. Quickly sell your BTC!", says the trader, 'unemployed'. "In one hour it will be too late!!!"

This comes after recent reports of the trader moving more than $10,000 US dollars into popular exchange site MtGox.
full member
Activity: 141
Merit: 100
The market dropped 20%. Big fishes are selling. Quickly sell your BTC! In one hour it will be too late!!!

Yes please sell so I can buy cheap bitcoins  Smiley

No I want them. Dibs!
full member
Activity: 126
Merit: 100
Yesterday I sold some of my btc at 17.7 and bought them back at 16.2. Thank you for thinking it would collapse, today I have more bitcoins!
hero member
Activity: 868
Merit: 1000
The market dropped 20%. Big fishes are selling. Quickly sell your BTC! In one hour it will be too late!!!

Yes please sell so I can buy cheap bitcoins  Smiley
member
Activity: 65
Merit: 10
Everything Mike Willz (Skype Mike_Willz) Google Me
legendary
Activity: 1222
Merit: 1016
Live and Let Live
Wth? Everywhere I look today people saying this. On what other planet is a >20% increase a drop? Close of bizness Friday price was under $14.

A drop of the USD's value v.s. bitcoin?
member
Activity: 336
Merit: 10
Here it starts again!! MASSIVE drop in price! SELL OFF IMMEDIATELY or your money is gone!!!
legendary
Activity: 2408
Merit: 1121
Mods, any way we can get the little-boy-who-cried-wolf here a little education in alarmist posts?

I sure as hell hope not. He can say whatever he pleases about the market.

Oh, I don't want a ban - just a handy label perhaps? The responses are comedy gold.

full member
Activity: 216
Merit: 100
Mods, any way we can get the little-boy-who-cried-wolf here a little education in alarmist posts?

I sure as hell hope not. He can say whatever he pleases about the market.

I more or less agree that he can say whatever he wants (yelling "fire" in a crowded theatre is not the same as the crass manipulation he is attempting).

I just hope that everyone realizes what a jerk he is, and prepares for all the manipulation attempts from every direction that will be coming our way as everyone from script kiddies to banksters try to take this game-changing technology down. Stay calm, make rational decisions.
hero member
Activity: 910
Merit: 1005
don't panic mr mainwaring!


hero member
Activity: 793
Merit: 1016
This is the first one of these I've ever made.  Just for you OP.

full member
Activity: 126
Merit: 101

Wth? Everywhere I look today people saying this. On what other planet is a >20% increase a drop? Close of bizness Friday price was under $14.

Please go all out arbing this trend smarties.

The dip starts when buyers run low on money on the exchange, it does not start as soon as the banks close for the weekend. Because there have been dips on most weekends people save back some money to try to buy cheaper thereby making the dip come later.

I expect it each weekend but I have not been able to predict at what point in the weekend it will happen so I don't try to make money off it.
member
Activity: 112
Merit: 10
Please do cause a panic. I could use some cheap coins.
sr. member
Activity: 364
Merit: 250
Mods, any way we can get the little-boy-who-cried-wolf here a little education in alarmist posts?

I sure as hell hope not. He can say whatever he pleases about the market.
legendary
Activity: 2408
Merit: 1121
Panic everywhere on all markets!! Mtgox shut off! I told you.

Umm.... no.

Mods, any way we can get the little-boy-who-cried-wolf here a little education in alarmist posts?
legendary
Activity: 1246
Merit: 1014
Strength in numbers
So, just out of curiosity, why does the value of Bitcoin drop over weekends?

Because the cash flow MtGox<->USD slows (apparently some banks don't send money over weekends).

Wth? Everywhere I look today people saying this. On what other planet is a >20% increase a drop? Close of bizness Friday price was under $14.

Please go all out arbing this trend smarties.
full member
Activity: 210
Merit: 100
The collapse was canceled due to lack of interest.  Tongue
member
Activity: 336
Merit: 10
Panic everywhere on all markets!! Mtgox shut off! I told you.
full member
Activity: 187
Merit: 100
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