Does any of you really think that spreading BS on a forum does have an impact on the price?
sometimes it feels like im back in primary school again, or more like kindergarten
Topic: How does it feel to sell 10-20 kBTC in low 50's couple of hours ago? - page 2. (Read 4572 times)
March 23, 2013, 12:52:27 PM
I cannot believe how many ignorant people are here.
Does any of you really think that spreading BS on a forum does have an impact on the price?
sometimes it feels like im back in primary school again, or more like kindergarten
Does any of you really think that spreading BS on a forum does have an impact on the price?
sometimes it feels like im back in primary school again, or more like kindergarten
March 23, 2013, 12:45:05 PM
+1 to this thread.
That guy who sold...good job selling at the lowest point for likely the next several weeks to come.
That guy who sold...good job selling at the lowest point for likely the next several weeks to come.
March 23, 2013, 12:41:04 PM
44 by Sunday
SELL SELL SELL!
SELL SELL SELL!
There are cheap coins (55), and there is a ruined market (44). Be careful which you wish for.
Bingo! I want this bubble to pop.
The amount of idiots in this community has grown to an insufferable amount, this has to change. One way or the other.
March 23, 2013, 12:40:26 PM
Forgive my ignorance but why would the market be ruined if the price did fall to 40 USD?
March 23, 2013, 12:35:35 PM
44 by Sunday
SELL SELL SELL!
SELL SELL SELL!
There are cheap coins (55), and there is a ruined market (44). Be careful which you wish for.
March 23, 2013, 12:28:16 PM
He'll be buying much lower, I think.
lol not so sure in your calls anymore eh? That's the reason you now put "I think" in your statements so you can deflect when proven wrong later.
March 23, 2013, 12:24:58 PM
Something happens in 24 hours......
The supply from mining is going to drop by almost 1/3. Right now the supply is unusually high do to many ASIC rigs coming online and those people are selling right away to pay for the rigs.
The price will probably go back up 10-20 hours after the difficulty change.
The supply from mining is going to drop by almost 1/3. Right now the supply is unusually high do to many ASIC rigs coming online and those people are selling right away to pay for the rigs.
The price will probably go back up 10-20 hours after the difficulty change.
Is that so, isn't the network made such that the btc supply is constant, no matter how much hashing power there is, ie. 1 new block giving 25 btc on avg. every 10th minute ?
Difficulty only resets after 2016 blocks.
March 23, 2013, 12:20:59 PM
Something happens in 24 hours......
The supply from mining is going to drop by almost 1/3. Right now the supply is unusually high do to many ASIC rigs coming online and those people are selling right away to pay for the rigs.
The price will probably go back up 10-20 hours after the difficulty change.
The supply from mining is going to drop by almost 1/3. Right now the supply is unusually high do to many ASIC rigs coming online and those people are selling right away to pay for the rigs.
The price will probably go back up 10-20 hours after the difficulty change.
Is that so, isn't the network made such that the btc supply is constant, no matter how much hashing power there is, ie. 1 new block giving 25 btc on avg. every 10th minute ?
March 23, 2013, 10:51:25 AM
Lol, I I love it when a crash happens but the the price goes back to where it was before it even happened. People know 1 btc for over $60 is a good deal and will continue to buy.
I love it too man. Lets hold hand.
March 23, 2013, 10:48:04 AM
Lol, I I love it when a crash happens but the the price goes back to where it was before it even happened. People know 1 btc for over $60 is a good deal and will continue to buy.
March 23, 2013, 10:44:21 AM
44 by Sunday
which sunday, tomorrow? i want to nail you on that one. please give a specific date.yes tomorrow.
If I'm wrong I'm wrong, nothing at stake here, I am not even short
March 23, 2013, 10:41:58 AM
44 by Sunday
which sunday, tomorrow? i want to nail you on that one. please give a specific date. 
March 23, 2013, 10:30:40 AM
Littleshop, all good points. I am not sure however that freshly mined coins have much of an effect on the market. Also your analysis assumes that mining capacity will stop rising after difficulty jump. For all I know it can even accelerate and we will be mining 9-10 blocks per hour for quite a while. Basically until ASICs will barely cover cost of electricity.
Actually my analysis does not assume mining capacity will stop rising. Right after the difficulty change about 1/3 less new coins will be made. That is a big drop and it has not happened often.
The rate will slowly climb but it will take at least a week before it is even close to what it is now, maybe longer. It is harder to add 1/3 to the new rate vs the old one. Over time I do agree ASICs production will get close to the cost of power just like GPU has.
March 23, 2013, 10:30:04 AM
Looks like Mt. Gox finally disabled the v0 API. Went back to look at my logs and they've been 403ing for the past two days or so.
What a shame. I'd like to have participated in this flash crash.
What a shame. I'd like to have participated in this flash crash.
March 23, 2013, 10:20:55 AM
Littleshop, all good points. I am not sure however that freshly mined coins have much of an effect on the market. Also your analysis assumes that mining capacity will stop rising after difficulty jump. For all I know it can even accelerate and we will be mining 9-10 blocks per hour for quite a while. Basically until ASICs will barely cover cost of electricity.
March 23, 2013, 10:14:20 AM
Something happens in 24 hours......
The supply from mining is going to drop by almost 1/3. Right now the supply is unusually high do to many ASIC rigs coming online and those people are selling right away to pay for the rigs.
The price will probably go back up 10-20 hours after the difficulty change.
The supply from mining is going to drop by almost 1/3. Right now the supply is unusually high do to many ASIC rigs coming online and those people are selling right away to pay for the rigs.
The price will probably go back up 10-20 hours after the difficulty change.
March 23, 2013, 10:09:13 AM
Look if it goes to 40 now it will trigger various trend following profit taking signals. Once that happens the bull market is over.
Anybody except the true believers will tell you this. (And those know it too they won't just admit to it)
If you think the bull should live, accept the buying opportunity was the 55s and move on.
Anybody except the true believers will tell you this. (And those know it too they won't just admit to it)
If you think the bull should live, accept the buying opportunity was the 55s and move on.
March 23, 2013, 10:04:28 AM
I hope there are more idiots like you. More comedy for me.
Hmmm Big yellow ignore button beckons
March 23, 2013, 10:01:31 AM
The rates been up and down like a whores knickers all day.
I hope a load of pansies shit themselves and sell and it goes down to about $40. I will sell my grandmothers prosthetic leg and buy like a maniac
I hope a load of pansies shit themselves and sell and it goes down to about $40. I will sell my grandmothers prosthetic leg and buy like a maniac
I hope there are more idiots like you. More comedy for me.
March 23, 2013, 09:54:57 AM
The rates been up and down like a whores knickers all day.
I hope a load of pansies shit themselves and sell and it goes down to about $40. I will sell my grandmothers prosthetic leg and buy like a maniac
I hope a load of pansies shit themselves and sell and it goes down to about $40. I will sell my grandmothers prosthetic leg and buy like a maniac
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