Mass panic buy when reaches $1? | Bitcointalksearch.org

bitcoinminer

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Quote from: PatrickHarnett on October 22, 2011, 04:44:11 PM

Quote from: bitcoinminer on October 21, 2011, 05:39:40 PM

Quote from: PatrickHarnett on October 21, 2011, 03:46:18 PM

Quote from: netrin on October 20, 2011, 10:37:35 PM

You may have noticed there's an anti-log faction on this forum. Plus, minus good. Multiplication, division bad. Exponentiation doesn't exist.

Possibly true - if I had put $10k on at $2 and it was +25% to $2.50 in a day - WOO HOO. I'm still working on bringing my average buy price down.

Yeah but if you sold that 10k worth of bitcoins when it was at 2.50, you'd be selling them at a nickel a piece

Today I see them above $3 and the volume is sufficiently large that the price would not be driven to $0.05.

I find it tiresome when people do not know the depth of the market and how it works and/or make silly statements like that. Please try harder.

Sorry guys, only basing this on previous performance..

Previous performance is no guarantee of future results. Money is not insured by the FDIC or any other agency, and is at your own risk.

cbeast

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Let's talk governance, lipstick, and pigs.

Quote from: zer0 on October 21, 2011, 04:40:22 PM

I just bought 1200 coins that I needed for some various projects. Price was already climbing up to $3.20 by the time I was done

You were spot on this time. BTC is currently at $3.20

PatrickHarnett

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Quote from: bitcoinminer on October 21, 2011, 05:39:40 PM

Quote from: PatrickHarnett on October 21, 2011, 03:46:18 PM

Quote from: netrin on October 20, 2011, 10:37:35 PM

You may have noticed there's an anti-log faction on this forum. Plus, minus good. Multiplication, division bad. Exponentiation doesn't exist.

Possibly true - if I had put $10k on at $2 and it was +25% to $2.50 in a day - WOO HOO. I'm still working on bringing my average buy price down.

Yeah but if you sold that 10k worth of bitcoins when it was at 2.50, you'd be selling them at a nickel a piece

Today I see them above $3 and the volume is sufficiently large that the price would not be driven to $0.05.

I find it tiresome when people do not know the depth of the market and how it works and/or make silly statements like that. Please try harder.

adamstgBit

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Trusted Bitcoiner

Quote from: bitcoinminer on October 21, 2011, 05:39:40 PM

Yeah but if you sold that 10k worth of bitcoins when it was at 2.50, you'd be selling them at a nickel a piece

that's just not true.

bitcoinminer

sr. member

Activity: 322

Merit: 252

Quote from: PatrickHarnett on October 21, 2011, 03:46:18 PM

Quote from: netrin on October 20, 2011, 10:37:35 PM

You may have noticed there's an anti-log faction on this forum. Plus, minus good. Multiplication, division bad. Exponentiation doesn't exist.

Possibly true - if I had put $10k on at $2 and it was +25% to $2.50 in a day - WOO HOO. I'm still working on bringing my average buy price down.

Yeah but if you sold that 10k worth of bitcoins when it was at 2.50, you'd be selling them at a nickel a piece

zer0

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Activity: 350

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I just bought 1200 coins that I needed for some various projects. Price was already climbing up to $3.20 by the time I was done

PatrickHarnett

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Activity: 518

Merit: 500

Quote from: netrin on October 20, 2011, 10:37:35 PM

You may have noticed there's an anti-log faction on this forum. Plus, minus good. Multiplication, division bad. Exponentiation doesn't exist.

Possibly true - if I had put $10k on at $2 and it was +25% to $2.50 in a day - WOO HOO. I'm still working on bringing my average buy price down.

sadpandatech

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Activity: 504

Merit: 500

Quote from: netrin on October 20, 2011, 10:37:35 PM

You may have noticed there's an anti-log faction on this forum. Plus, minus good. Multiplication, division bad. Exponentiation doesn't exist.

Give it a few more years and 'no child left behind' will have us all lucky if +- makes any sense..... Cry

netrin

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FirstBits: 168Bc

You may have noticed there's an anti-log faction on this forum. Plus, minus good. Multiplication, division bad. Exponentiation doesn't exist.

payb.tc

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Quote from: sadpandatech on October 20, 2011, 10:32:59 PM

Quote from: payb.tc on October 20, 2011, 10:29:55 PM

Quote from: sadpandatech on October 20, 2011, 10:18:38 PM

Quote from: payb.tc on October 20, 2011, 10:15:49 PM

i was just thinking how excited people would have been if it had gone from $2.04 to $2.72.

true, there are many easily excitable in the audience.

i fail to understand your post and your reason for editing my figures.

I failed to understand your intended numbers then. I apology for assuming it was a typo. Which hopefully adds atleast a bit more sense to my post. Not that there usually is much to mine to begin with ;p

Cheers

it was not a typo. it was a comment on the fact that:

$2.04 to $2.72 in a day doesn't seem to have caused much excitement
$20.40 to $27.20 in a day would have had people jumping up and down like crazy and posting multiple 'rally' threads.
$204 to $272 in a day would probably have people cumming in their pants.

...even though it's all the same thing pretty much.

sadpandatech

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Quote from: payb.tc on October 20, 2011, 10:29:55 PM

Quote from: sadpandatech on October 20, 2011, 10:18:38 PM

Quote from: payb.tc on October 20, 2011, 10:15:49 PM

i was just thinking how excited people would have been if it had gone from $2.04 to $2.72.

true, there are many easily excitable in the audience.

i fail to understand your post and your reason for editing my figures.

I failed to understand your intended numbers then. I apology for assuming it was a typo. Which hopefully adds atleast a bit more sense to my post. Not that there usually is much to mine to begin with ;p

Cheers

payb.tc

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Activity: 812

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Quote from: sadpandatech on October 20, 2011, 10:18:38 PM

Quote from: payb.tc on October 20, 2011, 10:15:49 PM

i was just thinking how excited people would have been if it had gone from $2.04 to $2.72.

true, there are many easily excitable in the audience.

i fail to understand your post and your reason for editing my figures.

netrin

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Activity: 322

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FirstBits: 168Bc

There's been no volume to back up this price since the 'rally' at 0100 UTC. I expect the price to come down <$2.5 and then burst up again before collapsing through $2 within a day or so.

adamstgBit

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Quote from: sadpandatech on October 20, 2011, 10:18:38 PM

Quote from: payb.tc on October 20, 2011, 10:15:49 PM

i was just thinking how excited people would have been if it had gone from $2.04 to $2.72.

true, there are many easily excitable in the audience.

i guess for many of us bitcoin was the first "stock market" experience , a bull trap can look like something to get excited about when you don't know

sadpandatech

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Activity: 504

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Quote from: payb.tc on October 20, 2011, 10:15:49 PM

i was just thinking how excited people would have been if it had gone from $2.04 to $2.72.

true, there are many easily excitable in the audience.

payb.tc

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Activity: 812

Merit: 1000

i was just thinking how excited people would have been if it had gone from $20.40 to $27.20.

sadpandatech

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Activity: 504

Merit: 500

Quote from: payb.tc on October 20, 2011, 10:09:55 PM

Quote from: jjiimm_64 on October 20, 2011, 09:16:04 PM

bump... someone is buying right now.

surprised there's no 'rally' thread popping up... they've been prompted by smaller rises than this before.

$2.04 to $2.72 is huuuuuge.

Maybe by some miracle we've either chased some fo those posters off or they have just grown bored with it. Orrrrrr, they lost so much shorting they have no BTC left to sell no matter what the price. ;p

Just pokin fun. I've no clue and don't really care either way. Though it is nice to see some light hearted posts about it, the 'pumper' types do get old...

payb.tc

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Quote from: jjiimm_64 on October 20, 2011, 09:16:04 PM

bump... someone is buying right now.

surprised there's no 'rally' thread popping up... they've been prompted by smaller rises than this before.

$2.04 to $2.72 is huuuuuge.

netrin

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FirstBits: 168Bc

nope, a birdie told me prices'll climb in three waves above $3, drop again in five to the $1's, completing wave II since June and begin the 2012 rally from there.

adamstgBit

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looks like are dream of buying bitcoins at 1$ is over

Topic: Mass panic buy when reaches $1? (Read 5918 times)