STOP SELLING NOW!! URGENT CALL TO BITSTAMPERS AROUND THE WORLD - page 3.

johnyj

legendary

Activity: 1988

Merit: 1012

Beyond Imagination

Quote from: odolvlobo on August 14, 2014, 03:57:10 PM

The price of a bitcoin should reflect its supply and demand, and not the manipulation attempted by the OP in order to further his/her own interests.

Exchange rate rose by 50x but the real demand never grow that fast, current demand mostly comes from speculation and speculation demand usually disappear when price drops

Unlike foreign currency exchange, where there are market makers and central banks stabilize the exchange rate, there is no one stabilize bitcoin exchange rate, so it is very sensitive to speculation, not supply and demand

johnyj

legendary

Activity: 1988

Merit: 1012

Beyond Imagination

You are targeting the wrong audience maybe

I think the most affected are those making mining rigs, if price drops, their mining rigs can not be sold thus they have to mine by themselves, if price continuously decline, they will never be able to break even. So it is their best interest to protect the exchange rate

zedicus

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Activity: 966

Merit: 1004

CryptoTalk.Org - Get Paid for every Post!

Quote from: odolvlobo on August 14, 2014, 03:57:10 PM

The price of a bitcoin should reflect its supply and demand, and not the manipulation attempted by the OP in order to further his/her own interests.

For some strange reason I seriously doubt that the OP will have any impact on the market. The price is set by supply and demand as it should be. As the price falls, more people will have incentives to buy bitcoin as they can buy at low prices.

iluvpie60

hero member

Activity: 700

Merit: 500

Quote from: Bitcoinworm on August 14, 2014, 12:16:02 PM

Sellers!

People i know that some of you are behind this wild selling. But I would like to point to you that we still have a lot of ways to go with bitcoin. And selling at this point would only make the road tardier. We have a goal, to jump 1,000 dollars and beyond. This is my dreams and yours, we have a dream people. If you sell now at these prices you would be giving up on that dream.

Surely this selling has got to stop, it's confusion. I know it's everyone on it's own, and that it's a free market full of competition, but let's unite for a common goal. This common goal which is of us all. No is a powerful word, say NO to selling at these prices, refuse. If we all unanimously refuse, if we all stand resolute at this hour of adversity we'll bring value back into bitcoin.

To buyers

You have to protest, protest against this market, set your buy orders high, high into the sky, up at 2,000 and above, refuse to buy any lower, show the market that bitcoin has more value than this and that you are ready to pay great sums, take one for the community. This attitude of cannibalizing on others fears and feeding on others angsts hinders bitcoin's growth.

Thank You from the bottom of my heart.

It is supply and demand. We do not listen to "your demands" by supplying our bitcoins. We do what we want. Please don't say these weird posts by saying we should all hold and blah blah. It iwll never happen quit having pipe dreams and this is exactly what bitcoin is against. COLLUSION is never the answers, STOP TRYING TO GET PEOPLE TO COLLUDE.

odolvlobo

legendary

Activity: 4438

Merit: 3387

The price of a bitcoin should reflect its supply and demand, and not the manipulation attempted by the OP in order to further his/her own interests.

amit123

full member

Activity: 154

Merit: 100

This is not gonna help much..! You can't manipulate the price with a single post no matter how powerful platform bitcointalk is but its reach is restricted compared to btc.

blumangroup

sr. member

Activity: 350

Merit: 250

'Slow and steady wins the race'

No offense to OP, and I get that what you're trying to do is very noble, but trying to stop people from selling by posting a thread on a forum is like trying to stop a dam from collapsing with a toothpick and a piece of bubble gum. The market will fluctuate as it chooses to and there is nothing we as individuals can do about it. Tongue

Kluge

donator

Activity: 1218

Merit: 1015

@OP: not sure if trolling.

@Bitlicense explanation: No good, I think. Bitcoin's been a confused but closely-watched (by regulators) mess for years in the US. It can't really get worse outside maybe a flat-out ban. Maybe Eurasians worry about US regulators' influence, but I don't think buyers here are terribly worried by it, except maybe on principle. I'd argue the cause is ?, the same cause for many BTC crashes and rallies. OTOH, falllilng successfully crystal-balled this one. Cheesy

Daniel91

legendary

Activity: 3374

Merit: 1824

Quote from: Bitcoinworm on August 14, 2014, 12:16:02 PM

Sellers!

People i know that some of you are behind this wild selling. But I would like to point to you that we still have a lot of ways to go with bitcoin. And selling at this point would only make the road tardier. We have a goal, to jump 1,000 dollars and beyond. This is my dreams and yours, we have a dream people. If you sell now at these prices you would be giving up on that dream.

Surely this selling has got to stop, it's confusion. I know it's everyone on it's own, and that it's a free market full of competition, but let's unite for a common goal. This common goal which is of us all. No is a powerful word, say NO to selling at these prices, refuse. If we all unanimously refuse, if we all stand resolute at this hour of adversity we'll bring value back into bitcoin.

To buyers

You have to protest, protest against this market, set your buy orders high, high into the sky, up at 2,000 and above, refuse to buy any lower, show the market that bitcoin has more value than this and that you are ready to pay great sums, take one for the community. This attitude of cannibalizing on others fears and feeding on others angsts hinders bitcoin's growth.

Thank You from the bottom of my heart.

I think that you have to understand something here.
Your advices may be good for ''big'' players (who can play how they want) but for small people, with 1 BTC or less, who are selling it to pay their bills, your advice is not helpful.
Also, such small players can't really influence Bitcoin price much.
Regarding buyers, everybody want the highest value for their money, so everybody with clever mind will try to buy with the lower price possible and sell for highest price possible.
Excpect otherwise is little naive here.
We still don't live in the ideal world.

Possum577

sr. member

Activity: 434

Merit: 250

Loose lips sink sigs!

Let the market reflect the interests of the people as naturally as possible!

And your comment about buyers shows you're not very informed on how the buying works. When buying through an exchange the actual buyer has zero control over setting a higher purchase price, the exchange controls what price they pay and they're not going to take a loss simply to support the desires of people holding their wealth in it.

The market needs to remain fair...sellers will push the price down and buyers will push the price up and an increasing level of transactions will stabilize the price to it's rightful level.

nwfella

legendary

Activity: 1610

Merit: 1000

Well hello there!

Oh how I wish the OP would come to pass but sadly I really don't think it will :/

imho, there are far too many unscrupulous people out there with way too fat of a bitcoin bag...not to mention this BitLicense situation having everybody in the US pretty much shaking in their boots!

twiifm

hero member

Activity: 784

Merit: 500

LOL. Kudos for trying but everyman for himself

Bitcoinworm

newbie

Activity: 2

Merit: 0

Sellers!

People i know that some of you are behind this wild selling. But I would like to point to you that we still have a lot of ways to go with bitcoin. And selling at this point would only make the road tardier. We have a goal, to jump 1,000 dollars and beyond. This is my dreams and yours, we have a dream people. If you sell now at these prices you would be giving up on that dream.

Surely this selling has got to stop, it's confusion. I know it's everyone on it's own, and that it's a free market full of competition, but let's unite for a common goal. This common goal which is of us all. No is a powerful word, say NO to selling at these prices, refuse. If we all unanimously refuse, if we all stand resolute at this hour of adversity we'll bring value back into bitcoin.

To buyers

You have to protest, protest against this market, set your buy orders high, high into the sky, up at 2,000 and above, refuse to buy any lower, show the market that bitcoin has more value than this and that you are ready to pay great sums, take one for the community. This attitude of cannibalizing on others fears and feeding on others angsts hinders bitcoin's growth.

Thank You from the bottom of my heart.

Topic: STOP SELLING NOW!! URGENT CALL TO BITSTAMPERS AROUND THE WORLD - page 3. (Read 5021 times)