[BTCT.CO] [IPO-cancelled] BTCGARDEN MINER---Eyes to the horizon - page 20.

canth

legendary

Activity: 1442

Merit: 1001

Quote from: BitAddict on August 04, 2013, 01:46:08 PM

Quote from: weaknesswaran on August 04, 2013, 01:43:56 PM

The bidwall at 0.016 was eaten by a large market sell.
Now trading under IPO price.

Now we're in panic sell!

Good thing I was smelling that and I sold @ 0.016 again.

Heh - I don't think that you know what the word we means never mind panic.

"We" most certainly aren't in panic sell. So a few few smaller traders who were looking for a quick flip sold out, some of them below IPO price. So what?

BTC Garden just received 32K BTC from many investors who weren't expecting a quick flip and now we are going to see if they can deliver. It doesn't matter what a few trades will be at on Monday - even if they are at .01. What matters will be what you can get for 10K+ shares in 3 months.

Panic. Ha!

redbeans2012

hero member

Activity: 887

Merit: 1000

Quote from: ajk on August 04, 2013, 03:27:12 PM

He probably sold because he saw what I saw which was a horribly overvalued IPO, if majority of people sell then everyone can rebuy and double up their shares, it really seems like there is uneasy tension right now and whoever pulls the trigger first is probably where the market is going, Im going to say further down simply because there isnt any reason for someone with 1000+ coins to buy the market up right now especially since there are hardly any ask walls to fulfill an order of that size

+1

ajk

donator

Activity: 447

Merit: 250

He probably sold because he saw what I saw which was a horribly overvalued IPO, if majority of people sell then everyone can rebuy and double up their shares, it really seems like there is uneasy tension right now and whoever pulls the trigger first is probably where the market is going, Im going to say further down simply because there isnt any reason for someone with 1000+ coins to buy the market up right now especially since there are hardly any ask walls to fulfill an order of that size

AngelSky

hero member

Activity: 1008

Merit: 537

Quote from: ajk on August 04, 2013, 03:24:02 PM

Im definitely waiting to see if that .014 wall holds, if 1 big player just crashes through that there will be a lot of selling pressure to follow, a better opportunity will probably present itself in the next couple days unless some unforeseen circumstance comes into play

let's see what the chinese market decides Wink

ajk

donator

Activity: 447

Merit: 250

Im definitely waiting to see if that .014 wall holds, if 1 big player just crashes through that there will be a lot of selling pressure to follow, a better opportunity will probably present itself in the next couple days unless some unforeseen circumstance comes into play

AngelSky

hero member

Activity: 1008

Merit: 537

Quote from: canuckgal on August 04, 2013, 03:15:45 PM

You guys are cute. Im taking this as an opportunity to buy cheap shares.

This is a very unique prospect, a worldwide marketplace. Having so many english AND chinese speakers being involved in this unique venture. Chinese typically have the resources to develop technology quickly, and the English on this forun have experience to share with Btc Garden to make them efficient and grow quickly.

I see the potential here, and ill be sticking around for a bit.

bah people who wants to run out, just sell and people who wants to be in, buy cheap now Wink

EDIT: I understand those who want to sell but remember that just one guy sold >500btc of shares and I suspect that this choice was made because of the non-x4_in_less_than_1_week. You have a brain, just use it; you don't need to follow a one-trade direction.

canuckgal

member

Activity: 104

Merit: 10

You guys are cute. Im taking this as an opportunity to buy cheap shares.

This is a very unique prospect, a worldwide marketplace. Having so many english AND chinese speakers being involved in this unique venture. Chinese typically have the resources to develop technology quickly, and the English on this forun have experience to share with Btc Garden to make them efficient and grow quickly.

I see the potential here, and ill be sticking around for a bit.

Rawted

hero member

Activity: 742

Merit: 500

Quote from: Moebius327 on August 04, 2013, 02:39:34 PM

Quote from: Rawted on August 04, 2013, 01:29:22 PM

Quote from: Moebius327 on August 04, 2013, 12:28:06 PM

Quote from: Rawted on August 04, 2013, 12:12:27 PM

Quote from: dhenson on August 04, 2013, 11:56:31 AM

Quote from: Rawted on August 04, 2013, 11:47:28 AM

High IPO price + increase in btc/usd price + stagnant company = no chance of those 2 million shares (that are guaranteed to be coming sometime, without notice) being able to be sold above .016, unless something drastically changes.

This is not a quick flip type of stock and never was. This stock is for those wanting a long position as BTCGARDEN won't be hashing for a while yet. It's pointless to make statements like yours as those points have been obvious from the moment the IPO was announced.

Your options are:
1) Take a Xanax and think about the juicy dividends/share price in a couple months.
2) Sell, and save us future posts like the one above.

I've never thought of it as a quick flip, certainly didn't mean to come across that way. However, those are very real concerns no matter your position. What is their strategy when this becomes a bridge we must cross?

Also, i'm a bit blunt and honest, too much so for the average person at times. I am just bringing up my actual concerns, and not trying to shit on this company. I'm a shareholder (~3000), if it matters.

Worst kind or shareholder. Sell before you get a heart attack.

You're an idiot.

Give us some life signs. Did you sell before the wall was eaten as advised?

That made me chuckle. I'm fine, not selling anytime soon. I don't panic about these sorts of things. I just know this all could have been avoided with some very simple PR/clarity. Maybe the next company will learn.

Moebius327

hero member

Activity: 770

Merit: 500

Quote from: Rawted on August 04, 2013, 01:29:22 PM

Quote from: Moebius327 on August 04, 2013, 12:28:06 PM

Quote from: Rawted on August 04, 2013, 12:12:27 PM

Quote from: dhenson on August 04, 2013, 11:56:31 AM

Quote from: Rawted on August 04, 2013, 11:47:28 AM

High IPO price + increase in btc/usd price + stagnant company = no chance of those 2 million shares (that are guaranteed to be coming sometime, without notice) being able to be sold above .016, unless something drastically changes.

This is not a quick flip type of stock and never was. This stock is for those wanting a long position as BTCGARDEN won't be hashing for a while yet. It's pointless to make statements like yours as those points have been obvious from the moment the IPO was announced.

Your options are:
1) Take a Xanax and think about the juicy dividends/share price in a couple months.
2) Sell, and save us future posts like the one above.

I've never thought of it as a quick flip, certainly didn't mean to come across that way. However, those are very real concerns no matter your position. What is their strategy when this becomes a bridge we must cross?

Also, i'm a bit blunt and honest, too much so for the average person at times. I am just bringing up my actual concerns, and not trying to shit on this company. I'm a shareholder (~3000), if it matters.

Worst kind or shareholder. Sell before you get a heart attack.

You're an idiot.

Give us some life signs. Did you sell before the wall was eaten as advised?

ajk

donator

Activity: 447

Merit: 250

depends on how many flippers were looking to make some money, I dont believe in AIwill simply because he has made promises which havent been kept up to this point and since he was asking for such a large sum of money, while I could be incorrect long term short term I think im on the money,

AngelSky

hero member

Activity: 1008

Merit: 537

Quote from: ajk on August 04, 2013, 02:26:23 PM

Quote from: AngelSky on August 04, 2013, 02:21:19 PM

not a good idea to sell when the price drops like this and bad idea to buy when the price goes up too quickly..

not necessarily true, because now those who didnt sell above the IPO price are bag holding, as it inches lower the smaller hands will sell it off close to where the bottom will be (where it is I have no idea) then when the price is low enough and the order book has enough ask walls someone with alot of coins will scoop it up,

selling now is fine as long as it keeps going down and can rebuy later so that you can recoop your losses on the way up

I don't see the bottom so far from the IPO since garden has never shown sign of hysterical trades.

001sonkit

hero member

Activity: 784

Merit: 1000

Casper - A failed entrepenuer who looks like Zhou

* 001sonkit complaining why the hell is the chain going so slow and btct doesnt support inputs.io ..... was gonna pick some up but some Chinese woke and bought it up.....

PS: i am a chinese too from Hong Kong at 3:30 midnight

elasticband

legendary

Activity: 1036

Merit: 1000

Nighty Night Don't Let The Trolls Bite Nom Nom Nom

I got in at 0.01415

ajk

donator

Activity: 447

Merit: 250

Quote from: AngelSky on August 04, 2013, 02:21:19 PM

not a good idea to sell when the price drops like this and bad idea to buy when the price goes up too quickly..

not necessarily true, because now those who didnt sell above the IPO price are bag holding, as it inches lower the smaller hands will sell it off close to where the bottom will be (where it is I have no idea) then when the price is low enough and the order book has enough ask walls someone with alot of coins will scoop it up,

selling now is fine as long as it keeps going down and can rebuy later so that you can recoop your losses on the way up

AngelSky

hero member

Activity: 1008

Merit: 537

not a good idea to sell when the price drops like this and bad idea to buy when the price goes up too quickly..

arnoldsz

newbie

Activity: 57

Merit: 0

Quote from: redbeans2012 on August 04, 2013, 02:11:46 PM

Quote from: ajk on August 04, 2013, 02:08:50 PM

If I had to guess I am going to say it will drop quite a bit lower, there are many people who still havent been able to get online and see what the price is doing,

Yes I think lots of chinese are sleeping right now.

Chinese are more familiar with BTCGarden, which makes we confident about it. What will you do when someday bitcointalk want to produce miners and ipo? That how we treat Garden

AngelSky

hero member

Activity: 1008

Merit: 537

and go up on the next usefull update..

redbeans2012

hero member

Activity: 887

Merit: 1000

Quote from: ajk on August 04, 2013, 02:08:50 PM

If I had to guess I am going to say it will drop quite a bit lower, there are many people who still havent been able to get online and see what the price is doing,

Yes I think lots of chinese are sleeping right now.

ajk

donator

Activity: 447

Merit: 250

If I had to guess I am going to say it will drop quite a bit lower, there are many people who still havent been able to get online and see what the price is doing,

redbeans2012

hero member

Activity: 887

Merit: 1000

Quote from: AngelSky on August 04, 2013, 02:03:32 PM

those panic sells after a big sell..

I sold mine for slight profit, will buy back in when it finds a bottom. I believe in this company though.

Topic: [BTCT.CO] [IPO-cancelled] BTCGARDEN MINER---Eyes to the horizon - page 20. (Read 198202 times)