Everyone is panic selling their BTC | Bitcointalksearch.org

itsAj

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Quote from: wasamata on August 15, 2014, 05:07:47 AM

Quote from: zedicus on August 15, 2014, 01:52:04 AM

Quote from: maker88 on August 14, 2014, 09:49:43 PM

Quote from: wasamata on August 14, 2014, 10:51:50 AM

Quote from: howardb on August 14, 2014, 10:18:06 AM

Quote from: wasamata on August 14, 2014, 10:01:13 AM

If a currency can fall 8.5% in a day on no real bad news such as today just proves the cronies and knockers correct when they say its too risky and volatile. Imagine if there was actually some bad news, sheesh.

You are assuming that people in general are pushing this down, your wrong. It was a flash crash on bitfinex.com caused by deliberate manipulation, absolutely nothing to do with public sentiment or news.

Manipulation? It's disheartening to learn someone can hack into the exchanges and sell all the bitcoins, thats what I call bad sentiment!

thats not what market manipulation is...someone with a lot of coins sold them to trick the bots, no one hacked an exchange and sold other peoples coins..

Believe it or not this kind of manipulation has happened in the past. Several years ago Gox was hacked and caused the price to temporarily decrease to one penny per BTC. The hackers bought at this level then withdrew their coins. Most of the trades were reversed and Gox "covered" the losses (they may have not actually been able to do this in retrospect) but this is something that is possible. I would personally doubt that this is something that happened as the decline has been much too orderly to likely be something like this.

This. And I think now that people can profit both ways (long or short) manipulation is simply a given, both on the exchanges and on the forum. More arguments will appear in favour of bitcoins downfall, for profits sake. Is that good? Im not so sure. The sad thing the USD is more reliable atm as i dont see some russian nerd coming on to forex and knocking the usd down 8 % in a flash.

I don't think the same kind of multiplication that zedicus describes would be possible anymore. I think that exchanges are much more secure then gox was when this happened and there are likely fail-safes in place that would cause trading to halt in the event that the price would decline that much as it should have been obvious that the selling was not real.

Ayers

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Quote from: ihuntbtc on August 22, 2014, 12:31:46 PM

My friend panic sold at the 300USD bubble. You can imagine the rest Roll Eyes

he can still buy back with some loss, bitcoin will rise eventually

X7

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I am not worried at all man - people are so caught up on the price of BTC that they miss the whole boat on what it represents and what some very smart people are doing with the technology behind it.

BTC will go up and down forever - Greed will make sure of that.

Kayex

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Quote from: X7 on August 22, 2014, 12:40:03 PM

Quote from: ihuntbtc on August 22, 2014, 12:31:46 PM

My friend panic sold at the 300USD bubble. You can imagine the rest Roll Eyes

Yep... I think this sums it up..

Well BTC is at $500 right now. It kind of stabilized at this point so there shouldn't be anything to worry about.
Right?

X7

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Quote from: ihuntbtc on August 22, 2014, 12:31:46 PM

My friend panic sold at the 300USD bubble. You can imagine the rest Roll Eyes

Yep... I think this sums it up..

ihuntbtc

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My friend panic sold at the 300USD bubble. You can imagine the rest Roll Eyes

X7

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Quote from: piramida on August 22, 2014, 12:18:58 PM

Quote from: X7 on August 17, 2014, 10:21:25 AM

I heard Russia wanted to colonize the moon by 2016 (Could just be propaganda though)

they also wanted to launch some satellite three times and every time the rocket just fell in the ocean. with that kind of reliability, Uganda has better chances to colonize the moon first.

IMO Bitcoin has the best chance of all Cheesy

piramida

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Quote from: X7 on August 17, 2014, 10:21:25 AM

I heard Russia wanted to colonize the moon by 2016 (Could just be propaganda though)

they also wanted to launch some satellite three times and every time the rocket just fell in the ocean. with that kind of reliability, Uganda has better chances to colonize the moon first.

Ayers

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Quote from: MajidBC on August 17, 2014, 10:38:09 AM

Quote from: jonald_fyookball on August 16, 2014, 04:31:26 PM

didn't the Chinese recently land on the moon and take pictures and it was revealed that the moon is actually not gray and dead looking after all but has green moss like growth and even purple hues

I'm shocked, man. Thanks for the info. "The Chinese spacecraft landed on the moon on Dec. 14, 2013" according to:
http://www.space.com/23786-china-moon-rover-mission-photos-change3-lander.html

The site space.com seems legitimate. There are 63 photos with comments there. I'll read all of them.

this isn't extraordinary anymore, i'm mean in 2014 it should be easy already, they should start with mars, we have the tech for that.I bet chinese want to colonize the moon too

X7

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Quote from: Foxpup on August 22, 2014, 04:10:25 AM

Quote from: howardb on August 20, 2014, 09:48:41 PM

Not that i'm a conspiracy theorist, but I just have to wonder how you land on the surface of a planet covered in a grey dust that has the consistancy of talcolm powder using high powered rocket engines without kicking up some of that dust onto your shiny metal lander? Even the upturned concave lander feet appear to be devoid of debris.

First of all, the rocket engines are not high powered, as the moon has much lower gravity than Earth. This is also why it took a huge rocket to get to the moon, but only a tiny one to get back. Second, a rocket exhaust in a vacuum is very diffuse, as there's no air resistance to confine it to the narrow cone normally seen in rocket exhaust in an atmosphere. Finally, the dust that is kicked up does not travel anywhere near as far or high in a vacuum as it would in an atmosphere, since there's no wind to carry it.

Quote from: lyth0s on August 22, 2014, 03:50:30 AM

As far as landing on a "powder" surface, sure there would be some powder kicked up, but without any moisture that powder would not stick to any equipment and it would fall right off the landing equipment.

Actually, the opposite is the case. Moon dust is electrically charged, and as a result, sticks to absolutely everything. The Apollo astronauts found that out the hard way.

lol BOOM - watch out son we got a scientist in the building.. anytime I hear someone start with 'Actually' I automatically visualize them adjusting their glasses before they speak.

Foxpup

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Quote from: howardb on August 20, 2014, 09:48:41 PM

Not that i'm a conspiracy theorist, but I just have to wonder how you land on the surface of a planet covered in a grey dust that has the consistancy of talcolm powder using high powered rocket engines without kicking up some of that dust onto your shiny metal lander? Even the upturned concave lander feet appear to be devoid of debris.

First of all, the rocket engines are not high powered, as the moon has much lower gravity than Earth. This is also why it took a huge rocket to get to the moon, but only a tiny one to get back. Second, a rocket exhaust in a vacuum is very diffuse, as there's no air resistance to confine it to the narrow cone normally seen in rocket exhaust in an atmosphere. Finally, the dust that is kicked up does not travel anywhere near as far or high in a vacuum as it would in an atmosphere, since there's no wind to carry it.

Quote from: lyth0s on August 22, 2014, 03:50:30 AM

As far as landing on a "powder" surface, sure there would be some powder kicked up, but without any moisture that powder would not stick to any equipment and it would fall right off the landing equipment.

Actually, the opposite is the case. Moon dust is electrically charged, and as a result, sticks to absolutely everything. The Apollo astronauts found that out the hard way.

lyth0s

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That one photo with the ground being a reddish discoloration with a hue of green in there does not have to resemble a moss, it is more likely just a camera/light effect. Notice how dark the images are closer to the base of the camera, the quality is obviously low as well. Also if it were truly a moss it would require moisture in order to reproduce, which won't be present on the moon without an adequate atmosphere.

As far as landing on a "powder" surface, sure there would be some powder kicked up, but without any moisture that powder would not stick to any equipment and it would fall right off the landing equipment.

I'm not saying that the american lunar landing is real nor am I saying it was a fake, but the arguments around the powder and green discoloration to some of the chinese images don't mean anything at all.

marife01

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Quote from: jonald_fyookball on August 16, 2014, 04:31:26 PM

didn't the Chinese recently land on the moon and take pictures and it was revealed that the moon is actually not gray and dead looking after all but has green moss like growth and even purple hues

Really?! I wonder i have not heard/seen it on the news and other online websites.

howardb

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Quote from: MajidBC on August 17, 2014, 10:38:09 AM

Quote from: jonald_fyookball on August 16, 2014, 04:31:26 PM

didn't the Chinese recently land on the moon and take pictures and it was revealed that the moon is actually not gray and dead looking after all but has green moss like growth and even purple hues

I'm shocked, man. Thanks for the info. "The Chinese spacecraft landed on the moon on Dec. 14, 2013" according to:
http://www.space.com/23786-china-moon-rover-mission-photos-change3-lander.html

The site space.com seems legitimate. There are 63 photos with comments there. I'll read all of them.

Not that i'm a conspiracy theorist, but I just have to wonder how you land on the surface of a planet covered in a grey dust that has the consistancy of talcolm powder using high powered rocket engines without kicking up some of that dust onto your shiny metal lander? Even the upturned concave lander feet appear to be devoid of debris.

jonald_fyookball

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Quote from: MajidBC on August 17, 2014, 10:38:09 AM

Quote from: jonald_fyookball on August 16, 2014, 04:31:26 PM

didn't the Chinese recently land on the moon and take pictures and it was revealed that the moon is actually not gray and dead looking after all but has green moss like growth and even purple hues

I'm shocked, man. Thanks for the info. "The Chinese spacecraft landed on the moon on Dec. 14, 2013" according to:
http://www.space.com/23786-china-moon-rover-mission-photos-change3-lander.html

The site space.com seems legitimate. There are 63 photos with comments there. I'll read all of them.

http://awe130.com/index.php/the-latest-news/183-chinese-images-from-the-moon-indicates-life-on-the-moon-must-see

MajidBC

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Quote from: jonald_fyookball on August 16, 2014, 04:31:26 PM

didn't the Chinese recently land on the moon and take pictures and it was revealed that the moon is actually not gray and dead looking after all but has green moss like growth and even purple hues

I'm shocked, man. Thanks for the info. "The Chinese spacecraft landed on the moon on Dec. 14, 2013" according to:
http://www.space.com/23786-china-moon-rover-mission-photos-change3-lander.html

The site space.com seems legitimate. There are 63 photos with comments there. I'll read all of them.

MajidBC

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Quote from: jonald_fyookball on August 16, 2014, 04:31:26 PM

didn't the Chinese recently land on the moon and take pictures and it was revealed that the moon is actually not gray and dead looking after all but has green moss like growth and even purple hues

What? You're kidding, right?That would be incredible. I'll check it and come back in a few minutes.

X7

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I heard Russia wanted to colonize the moon by 2016 (Could just be propaganda though)

http://thebitcoinmovement.com/give-b-bit/ - New project we are launching - Charity check it out!

wachtwoord

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Quote from: jonald_fyookball on August 16, 2014, 04:31:26 PM

didn't the Chinese recently land on the moon and take pictures and it was revealed that the moon is actually not gray and dead looking after all but has green moss like growth and even purple hues

What? Could you link to a source of that?

Would be very funny if they truly declared that. Sounds more like something North Korea would do Tongue

counter

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Quote from: kyij on August 15, 2014, 04:22:37 PM

Quote from: conspirosphere.tk on August 15, 2014, 02:35:25 PM

Quote from: jcoin200 on August 15, 2014, 01:11:17 PM

Quote from: conspirosphere.tk on August 15, 2014, 05:26:55 AM

if they can manipulate gold and silver price, just figure what they can do with the btc market. And just like with gold and silver, their aim is to scare little ppl out of the real value to keep them in their fiat ponzi scam. On the long term they're losing anyway with pm (looking at asian imports), so i hodl or buy both btc and pm when nice discounts appear and i've fiat surplus.

They(central banks) have had control in the precious metals for a very long time This is not the case with BTC. I'm not seeing yet how it is even come close to that amount of manipulation and control. Very interesting read and thanks for sharing that article.

Topic: Everyone is panic selling their BTC (Read 26159 times)