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Topic: Selloff! - page 4. (Read 9451 times)

newbie
Activity: 42
Merit: 0
June 08, 2011, 03:47:01 PM
#35
I love these threads, they make me laugh.

Hovering around $3/BTC:
"ZOMG, the market's going to CRASH and BURNNNNN!"
"This is the peak for sure, no way it'll reach $5!"
"It's going to market correct down to $0.30"

Hovering around $8/BTC:
"ZOMG, the market's going to CRASH and BURNNNNN!"
"This is the peak for sure, no way it'll reach $10!"
"It's going to market correct down to $0.30"

Hovering around $18/BTC:
"ZOMG, the market's going to CRASH and BURNNNNN!"
"This is the peak for sure, no way it'll reach $20!"
"It's going to market correct down to $0.30"

Hovering around $30/BTC:
"ZOMG, the market's going to CRASH and BURNNNNN!"
"This is the peak for sure, no way it'll reach $40!"
"It's going to market correct down to $0.30"

We'll I suppose they're all wrong... Until they're right..

The frothiness alone would have me liquidating some derivative proportion today.

That said, I'm still a newcomer dying to get USD into BTC. I'm personally not foretelling doom, per se - I doubt very highly that BTC ever crashes (>75% of current rates) - Just that there has to be a significant correction at some point right?
legendary
Activity: 1106
Merit: 1007
Hide your women
June 08, 2011, 03:41:52 PM
#34
every dip is a buying opportunity. I just wired more USD to MTGOX. BTFD!!!!

Do you really think 29 million will be enough to go around when >1% of trade is conducted in BTC? It will go up forever, but not always this quickly.
newbie
Activity: 20
Merit: 0
June 08, 2011, 03:39:56 PM
#33
Dang....misses my entry point...
legendary
Activity: 1400
Merit: 1005
June 08, 2011, 03:38:59 PM
#32
I love these threads, they make me laugh.

Hovering around $3/BTC:
"ZOMG, the market's going to CRASH and BURNNNNN!"
"This is the peak for sure, no way it'll reach $5!"
"It's going to market correct down to $0.30"

Hovering around $8/BTC:
"ZOMG, the market's going to CRASH and BURNNNNN!"
"This is the peak for sure, no way it'll reach $10!"
"It's going to market correct down to $0.30"

Hovering around $18/BTC:
"ZOMG, the market's going to CRASH and BURNNNNN!"
"This is the peak for sure, no way it'll reach $20!"
"It's going to market correct down to $0.30"

Hovering around $30/BTC:
"ZOMG, the market's going to CRASH and BURNNNNN!"
"This is the peak for sure, no way it'll reach $40!"
"It's going to market correct down to $0.30"
newbie
Activity: 42
Merit: 0
June 08, 2011, 03:33:50 PM
#31
I just bought some at ~$27 and resold almost immediately at ~$31.  Talk about froth.
It seems like people are scared of having it above the $30 mark.

Definitely seems to be some serious resistance around 30USD.

I content to mine at a relatively slow rate until early last week. Damn U Dwolla lag! I wanted in for 10K! I would have recouped and doubled down and recouped again! Twice! In a FKIN WEEK ?!  

Either way, a correction on the order of 25-30% would be good for BTC. Even if to momentarily shut up the Ponzibubble Trolls.
legendary
Activity: 1050
Merit: 1000
June 08, 2011, 03:31:23 PM
#30
well, that's a pretty strange ask pattern. Looks like a selloff.. 1k at each full denomination
At least, it's a balanced selloff
full member
Activity: 196
Merit: 101
June 08, 2011, 03:30:51 PM
#29
It seems like people are scared of having it above the $30 mark.
sr. member
Activity: 284
Merit: 250
June 08, 2011, 03:29:43 PM
#28
I just bought some at ~$27 and resold almost immediately at ~$31.  Talk about froth.
newbie
Activity: 5
Merit: 0
June 08, 2011, 03:27:55 PM
#27
Well, I am going to put some more faith into my investment of bitcoins for the next little while...

I really hope we haven't reached the peak of the rollercoaster ride just yet.
full member
Activity: 126
Merit: 100
June 08, 2011, 03:26:40 PM
#26
Yeah, please scare the people so it goes back to 0.01$/btc. I'll buy so many bitcoins then!!
newbie
Activity: 28
Merit: 0
June 08, 2011, 03:26:20 PM
#25
hey Durr are you the famous Durrr?

Haha no I'm someone else, but Tom 'Durrr' Dwan is actually one of my favourite Poker pro's Smiley Along with Phil Ivey
newbie
Activity: 42
Merit: 0
June 08, 2011, 03:25:18 PM
#24
That was Satoshi and me selling some Cheesy

Dwan???

oO
newbie
Activity: 57
Merit: 0
June 08, 2011, 03:24:32 PM
#23
hey Durr are you the famous Durrr?
newbie
Activity: 42
Merit: 0
June 08, 2011, 03:24:19 PM
#22
It's going back up, now at 30! Buy buy buy! Remake your wallets! Reload your GPUs!

newbie
Activity: 28
Merit: 0
June 08, 2011, 03:22:55 PM
#21
That was Satoshi and me selling some Cheesy
full member
Activity: 224
Merit: 100
June 08, 2011, 03:22:22 PM
#20
Market hasn't doubled in the last hour, bubble's bursting, time to sell. I'm packing up and going home.

Has anyone else had a horrible transfer time for Dwolla funds showing up in Mt. Gox? I sent funds in 4 hours ago from Dwolla and nothing's showing. If the flow of capital into the market is restricted, that alone is going to slow things down.
newbie
Activity: 57
Merit: 0
June 08, 2011, 03:22:00 PM
#19
well, that's a pretty strange ask pattern. Looks like a selloff.. 1k at each full denomination
full member
Activity: 196
Merit: 101
June 08, 2011, 03:21:22 PM
#18
It's going back up, now at 30! Buy buy buy! Remake your wallets! Reload your GPUs!
newbie
Activity: 57
Merit: 0
June 08, 2011, 03:19:25 PM
#17
hhmmm already back to 30 good thing i didnt sell any..
full member
Activity: 224
Merit: 100
June 08, 2011, 03:18:58 PM
#16
Lol, I thought this was funny.  One buyer standing alone again all the sellers.

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