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Topic: how many coins went for 100 usd today - page 2. (Read 3540 times)

newbie
Activity: 8
Merit: 0
February 10, 2014, 07:15:44 PM
#21
Around 4-5am EST the price dropped for an instant, i'd say around 5-530am EST it was closer to 450-500 USD and then slowly crept up to 600+

Is this what those day traders at BTC-E wait for? I guess I can see how it could be profitable but sitting at a computer waiting for something abnormal to happen seems pretty dull.
sr. member
Activity: 350
Merit: 253
February 10, 2014, 07:09:45 PM
#20
Bots ppl...trading bots....

Yes, one person here got it right. Bots, likely with stop loss settings turned on, coupled with a large sell off, began a chain reaction. As the price dipped low enough, all the bots frantically sold into it. That's why it's generally a bad idea to use stop loss in this market, it gets traders into trouble more often than not.
member
Activity: 112
Merit: 10
February 10, 2014, 07:08:29 PM
#19
Around 4-5am EST the price dropped for an instant, i'd say around 5-530am EST it was closer to 450-500 USD and then slowly crept up to 600+
newbie
Activity: 8
Merit: 0
February 10, 2014, 07:06:03 PM
#18
Bobsurplus: Which exchange did you use to execute that trade?


BTC-E

When did BTC-E drop to $200? The avg price is still around $600.
legendary
Activity: 1008
Merit: 1000
Making money since I was in the womb! @emc2whale
February 10, 2014, 11:08:41 AM
#17
I got 226 new BTC today, most at the 200-300 range and I LOVE IT!
Hey lucky fella i hope it will turn out a profitable for you  ...!

Thanks Rohnearner

I'll be donating a few coins in the weeks to come to help spread the good fortune. Smiley
legendary
Activity: 1008
Merit: 1000
Making money since I was in the womb! @emc2whale
February 10, 2014, 11:07:27 AM
#16
Nice one, Bob, very slightly jealous.... Shocked

I wonder how the 4000 BTC dumper is feeling right now?

After looking over the charts I believe it was one seller who sold 12000+ coins and then a few panic sellers who sold the remaining coins. No doubt this was a major "fire sale" and some people did really well, including the seller of the 12000 (most probably stolen from gox) coins.
sr. member
Activity: 350
Merit: 252
REAL-EYES || REAL-IZE || REAL-LIES||
February 10, 2014, 11:02:56 AM
#15
I got 226 new BTC today, most at the 200-300 range and I LOVE IT!
Hey lucky fella i hope it will turn out a profitable for you  ...!
hero member
Activity: 854
Merit: 1001
February 10, 2014, 10:57:09 AM
#14
Nice one, Bob, very slightly jealous.... Shocked

I wonder how the 4000 BTC dumper is feeling right now?
full member
Activity: 182
Merit: 100
February 10, 2014, 10:22:37 AM
#13
just instant profit  Grin
full member
Activity: 181
Merit: 117
February 10, 2014, 10:21:19 AM
#12
Good to spread the coins more evenly  Grin
legendary
Activity: 1008
Merit: 1000
Making money since I was in the womb! @emc2whale
February 10, 2014, 10:18:05 AM
#11
Bobsurplus: Which exchange did you use to execute that trade?


BTC-E
newbie
Activity: 3
Merit: 0
February 10, 2014, 10:16:09 AM
#10
Bobsurplus: Which exchange did you use to execute that trade?
legendary
Activity: 1008
Merit: 1000
Making money since I was in the womb! @emc2whale
February 10, 2014, 09:58:45 AM
#9
I got 226 new BTC today, most at the 200-300 range and I LOVE IT!
member
Activity: 107
Merit: 10
February 10, 2014, 09:57:12 AM
#8
If you had 4000 BTC I assume you'd be an old hand at dealing with the endless panic.

Even if they were an old hand, you have to remember that doesn't necessarily make you terribly wise... a lot of kids in their late teens/early 20's probably mined thousands of coins a few years ago.  Just because they got lucky and heard about bitcoin very early, doesn't mean they necessarily know wtf they're doing.  It just means they were in the right place at the right time.
legendary
Activity: 1260
Merit: 1029
February 10, 2014, 09:53:18 AM
#7
Bots ppl...trading bots....
legendary
Activity: 2604
Merit: 3056
Welt Am Draht
February 10, 2014, 09:42:22 AM
#6
If you had 4000 BTC I assume you'd be an old hand at dealing with the endless panic.
legendary
Activity: 2674
Merit: 3000
Terminated.
February 10, 2014, 09:38:41 AM
#5
Not much. That is for sure. What is weird is that even if someone wanted to sell their 4000 BTC, they could have done that during a period of few days, they would hurt Bitcoin less and also earn more money from their BTC.
This is what happens when members and media post too much FUD, and weak hands panic.
sr. member
Activity: 406
Merit: 250
February 10, 2014, 09:37:46 AM
#4
Not much. That is for sure. What is weird is that even if someone wanted to sell their 4000 BTC, they could have done that during a period of few days, they would hurt Bitcoin less and also earn more money from their BTC.
member
Activity: 112
Merit: 10
February 10, 2014, 09:31:22 AM
#3
I was right about my plummet thread.
member
Activity: 118
Merit: 10
February 10, 2014, 09:27:01 AM
#2
Seconds, user sold all and bottomed the sell orders at 102.

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