Panic Selling | Bitcointalksearch.org

molecular

donator

Activity: 2772

Merit: 1019

Quote from: nelisky on September 09, 2011, 02:37:26 PM

Quote from: iprivately on September 09, 2011, 02:35:19 PM

so wait...what were we talking about again...? Grin

It is official, then. I am a troll.

As an attempt at getting cured I will now step away from my keyboard and not touch any of the keys for a couple of hours. I'll come back to some random thread and tell everyone how that felt

You're never gonna get out of that vicious cycle. I'm sorry I got you into this mess. Here's a cookie to help make up for it.

smoothie

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Activity: 2492

Merit: 1473

LEALANA Bitcoin Grim Reaper

Quote from: nelisky on September 09, 2011, 02:45:50 PM

Quote from: smoothie on September 09, 2011, 02:41:31 PM

Quote from: nelisky on September 09, 2011, 02:37:26 PM

Quote from: iprivately on September 09, 2011, 02:35:19 PM

so wait...what were we talking about again...? Grin

It is official, then. I am a troll.

As an attempt at getting cured I will now step away from my keyboard and not touch any of the keys for a couple of hours. I'll come back to some random thread and tell everyone how that felt

You will be a troll +2-3 hours older.

Who are you to tell me how I will feel!!!!

OOOPS....

*runs to safe, dark corner*

How old you are has nothing to do with feelings.

nelisky

legendary

Activity: 1540

Merit: 1001

Quote from: smoothie on September 09, 2011, 02:41:31 PM

Quote from: nelisky on September 09, 2011, 02:37:26 PM

Quote from: iprivately on September 09, 2011, 02:35:19 PM

so wait...what were we talking about again...? Grin

It is official, then. I am a troll.

As an attempt at getting cured I will now step away from my keyboard and not touch any of the keys for a couple of hours. I'll come back to some random thread and tell everyone how that felt

You will be a troll +2-3 hours older.

Who are you to tell me how I will feel!!!!

OOOPS....

*runs to safe, dark corner*

smoothie

legendary

Activity: 2492

Merit: 1473

LEALANA Bitcoin Grim Reaper

Quote from: nelisky on September 09, 2011, 02:37:26 PM

Quote from: iprivately on September 09, 2011, 02:35:19 PM

so wait...what were we talking about again...? Grin

It is official, then. I am a troll.

As an attempt at getting cured I will now step away from my keyboard and not touch any of the keys for a couple of hours. I'll come back to some random thread and tell everyone how that felt

You will be a troll +2-3 hours older.

nelisky

legendary

Activity: 1540

Merit: 1001

Quote from: iprivately on September 09, 2011, 02:35:19 PM

so wait...what were we talking about again...? Grin

It is official, then. I am a troll.

As an attempt at getting cured I will now step away from my keyboard and not touch any of the keys for a couple of hours. I'll come back to some random thread and tell everyone how that felt

iprivately

newbie

Activity: 28

Merit: 0

so wait...what were we talking about again...? Grin

smoothie

legendary

Activity: 2492

Merit: 1473

LEALANA Bitcoin Grim Reaper

Quote from: nelisky on September 09, 2011, 02:32:55 PM

Quote from: smoothie on September 09, 2011, 02:25:00 PM

Now look who is misquoting.

Someone has issues.... Roll Eyes

Heh, yeah, right. Forgot the context:

Quote

Thanks for the crash course into day trading.

This was your reply to my question on why do the panic sale threads always ignore that these high volume sales have to have a high volume buy counterpart. I assumed from the reply that you were being ironic, sarcastic or simply an ass. If none of these options is correct and you were really thanking me for the crash course then, hmmm, you have bigger issues than I do.

On the other hand if it was actually any of the 3 options described, then I can safely say that your quoted reply can be read as

Code:

you are a stupid moronic knowitall

Wouldn't you agree? On second thought you probably won't, because that's your thing... I respect that, we have to be consistent with our internet selfs. As an example, if you follow my post history you'll find that some 50% of my post are attempts at comic irony, all ending in disastrous misunderstandings. People here take other people too seriously but again as long as we keep it consistent...

Someone reads too much in between the lines. Roll Eyes

nelisky

legendary

Activity: 1540

Merit: 1001

Quote from: molecular on September 09, 2011, 02:27:07 PM

Well, I wasn't sure, I am a bit naive and inexperienced at troll detection. Didn't mean to call you a troll, that's why I phrased it as a question. No harm done, I hope?

I enjoyed the cookie, thanks.

No harm done, and I guess the fact I just took this thread and steered it into something completely unrelated might actually prove you right. You certainly deserved the cookie!

nelisky

legendary

Activity: 1540

Merit: 1001

Quote from: smoothie on September 09, 2011, 02:25:00 PM

Now look who is misquoting.

Someone has issues.... Roll Eyes

Heh, yeah, right. Forgot the context:

Quote

Thanks for the crash course into day trading.

This was your reply to my question on why do the panic sale threads always ignore that these high volume sales have to have a high volume buy counterpart. I assumed from the reply that you were being ironic, sarcastic or simply an ass. If none of these options is correct and you were really thanking me for the crash course then, hmmm, you have bigger issues than I do.

On the other hand if it was actually any of the 3 options described, then I can safely say that your quoted reply can be read as

Code:

you are a stupid moronic knowitall

Wouldn't you agree? On second thought you probably won't, because that's your thing... I respect that, we have to be consistent with our internet selfs. As an example, if you follow my post history you'll find that some 50% of my post are attempts at comic irony, all ending in disastrous misunderstandings. People here take other people too seriously but again as long as we keep it consistent...

molecular

donator

Activity: 2772

Merit: 1019

Quote from: nelisky on September 09, 2011, 02:18:47 PM

Quote from: molecular on September 09, 2011, 01:52:26 PM

Quote from: nelisky on September 09, 2011, 01:39:29 PM

Quote from: molecular on September 09, 2011, 01:34:14 PM

Uuuuh. You're living on the edge there. It's probably an arrogant thing to say, but one should always have some buffers of liquidity ready for such cases. If you had that, you could make more money or in a safer way or both, right?

Ahm, I was role playing there, just making my point

But thanks for the concern, though, glad to see a positive advice coming from that instead of the more usual immediate bashing and public humiliation approach we see on the forum these days. Cookie points to you

Did I just got told nicely that I fell for a troll? *munches his cookie in shame*

I am not all that sure why you are calling me a troll, but I hope the cookie was good

Well, I wasn't sure, I am a bit naive and inexperienced at troll detection. Didn't mean to call you a troll, that's why I phrased it as a question. No harm done, I hope?

I enjoyed the cookie, thanks.

smoothie

legendary

Activity: 2492

Merit: 1473

LEALANA Bitcoin Grim Reaper

Quote from: nelisky on September 09, 2011, 02:20:56 PM

Quote from: smoothie on September 09, 2011, 01:55:54 PM

Who ever said I needed to get your approval to explain anything.

Keep telling yourself those things.

Ooohhh, dramatic are we? I said no such thing, not to myself nor to you. What I said is: I asked a question, you answered "you are a stupid moronic knowitall" which is a valid point, but makes no attempt to answer the question asked in the first place.

And how do you know I talk to myself? *looks around for the hidden cams*

Now look who is misquoting.

Someone has issues.... Roll Eyes

nelisky

legendary

Activity: 1540

Merit: 1001

Quote from: smoothie on September 09, 2011, 01:55:54 PM

Who ever said I needed to get your approval to explain anything.

Keep telling yourself those things.

Ooohhh, dramatic are we? I said no such thing, not to myself nor to you. What I said is: I asked a question, you answered "you are a stupid moronic knowitall" which is a valid point, but makes no attempt to answer the question asked in the first place.

And how do you know I talk to myself? *looks around for the hidden cams*

nelisky

legendary

Activity: 1540

Merit: 1001

Quote from: molecular on September 09, 2011, 01:52:26 PM

Quote from: nelisky on September 09, 2011, 01:39:29 PM

Quote from: molecular on September 09, 2011, 01:34:14 PM

Uuuuh. You're living on the edge there. It's probably an arrogant thing to say, but one should always have some buffers of liquidity ready for such cases. If you had that, you could make more money or in a safer way or both, right?

Ahm, I was role playing there, just making my point

But thanks for the concern, though, glad to see a positive advice coming from that instead of the more usual immediate bashing and public humiliation approach we see on the forum these days. Cookie points to you

Did I just got told nicely that I fell for a troll? *munches his cookie in shame*

I am not all that sure why you are calling me a troll, but I hope the cookie was good

coined

full member

Activity: 174

Merit: 100

Quote from: smoothie on September 09, 2011, 01:59:19 PM

I blame this funny video for all the panic selling:

http://www.youtube.com/watch?v=OjV3wdXDHDk&feature=player_embedded

that's pretty good Grin

smoothie

legendary

Activity: 2492

Merit: 1473

LEALANA Bitcoin Grim Reaper

I blame this funny video for all the panic selling:

http://www.youtube.com/watch?v=OjV3wdXDHDk&feature=player_embedded

The best part of this is the "BOOOOM" part.

smoothie

legendary

Activity: 2492

Merit: 1473

LEALANA Bitcoin Grim Reaper

Quote from: nelisky on September 09, 2011, 01:05:11 PM

Quote from: smoothie on September 09, 2011, 12:59:21 PM

Thanks for the crash course into day trading.

Do I sense a little irony there? Cheesy

I didn't mean to give you an 101 introduction to anything, I'm a coder not a trader and I just don't understand why the buying side of the trades keep getting ignored on these panic stricken posts all over the place. I HONESTLY need someone to explain that to me, and you're not the one with your reply, I'm afraid.

Keep sending postcards, though, you may win someday!

Who ever said I needed to get your approval to explain anything.

Keep telling yourself those things.

molecular

donator

Activity: 2772

Merit: 1019

Quote from: nelisky on September 09, 2011, 01:39:29 PM

Quote from: molecular on September 09, 2011, 01:34:14 PM

Uuuuh. You're living on the edge there. It's probably an arrogant thing to say, but one should always have some buffers of liquidity ready for such cases. If you had that, you could make more money or in a safer way or both, right?

Ahm, I was role playing there, just making my point

But thanks for the concern, though, glad to see a positive advice coming from that instead of the more usual immediate bashing and public humiliation approach we see on the forum these days. Cookie points to you

Did I just got told nicely that I fell for a troll? *munches his cookie in shame*

nelisky

legendary

Activity: 1540

Merit: 1001

Quote from: molecular on September 09, 2011, 01:34:14 PM

Uuuuh. You're living on the edge there. It's probably an arrogant thing to say, but one should always have some buffers of liquidity ready for such cases. If you had that, you could make more money or in a safer way or both, right?

Ahm, I was role playing there, just making my point

But thanks for the concern, though, glad to see a positive advice coming from that instead of the more usual immediate bashing and public humiliation approach we see on the forum these days. Cookie points to you

molecular

donator

Activity: 2772

Merit: 1019

Quote from: nelisky on September 09, 2011, 01:15:59 PM

Quote from: molecular on September 09, 2011, 01:08:27 PM

That logic is flawed. If power cost is higher than the value of the BTC produced, it's simply more profitable to just buy BTC instead of mining them.

I agree with molecular, but that's not the whole picture; I have a two month billing cycle, so I mine now and pay up to 60 days from now. Lots of time to convert to cash at the best rates (when the market isn't plummeting) and even do a little speculation of my own. No new 'out of pocket' money unless I'm mining at really large loss, bitcoins pay for it all, all the time.

Of course if I'm mining at a loss then the 60 day buffer with get me and I'll end up with 60 days of used electricity I don't have the bitcoins to pay, because I used the ones produced in the last cycle to pay the previous one...

Uuuuh. You're living on the edge there. It's probably an arrogant thing to say, but one should always have some buffers of liquidity ready for such cases. If you had that, you could make more money or in a safer way or both, right?

nelisky

legendary

Activity: 1540

Merit: 1001

Quote from: molecular on September 09, 2011, 01:08:27 PM

That logic is flawed. If power cost is higher than the value of the BTC produced, it's simply more profitable to just buy BTC instead of mining them.

I agree with molecular, but that's not the whole picture; I have a two month billing cycle, so I mine now and pay up to 60 days from now. Lots of time to convert to cash at the best rates (when the market isn't plummeting) and even do a little speculation of my own. No new 'out of pocket' money unless I'm mining at really large loss, bitcoins pay for it all, all the time.

Of course if I'm mining at a loss then the 60 day buffer with get me and I'll end up with 60 days of used electricity I don't have the bitcoins to pay, because I used the ones produced in the last cycle to pay the previous one...

Topic: Panic Selling (Read 4693 times)