The Price is crashing people!! get out while you can!!

nutildah

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Merit: 8114

Quote from: BTCat on October 17, 2014, 12:40:47 PM

Quote from: nutildah on October 16, 2014, 01:24:42 PM

Quote from: CryptoCarmen on October 16, 2014, 08:07:22 AM

I see you love to dig forum for old posts, you must know a lot of crypto currencies.

There's a lot of hidden treasures buried in this forum. I'm gonna start a thread asking people to post their favorite old threads.

You didn't make it.

Still never made that thread, other people did, but I thought it was an appropriate time to bump this one.

Quote from: mrpetem on June 12, 2011, 02:44:54 PM

I would agree that selling some of your 50k bitcoins is actually a smart move. Being too greedy can leave you with nothing.

Wonder if he kept any of them. Is keeping bitcoins considered "greedy" these days?

Quote from: pattu1 on October 18, 2014, 03:43:44 AM

This thread should be revisited in Jan 2018. Grin

In retrospect, that would have been amazingly astute timing.

arbitrage001

legendary

Activity: 1067

Merit: 1000

Quote from: resya on October 19, 2014, 05:26:18 AM

I dont care much about the price, people can dump BTC to $200 and I still don't care... the math is the math.... there are only 13 million bitcoins in circulation right now and an incalculable number of dollars...

There are competition among crypto coins. It is still too earlier to say which one will dominate and how things work out in the future.

resya

sr. member

Activity: 294

Merit: 250

I dont care much about the price, people can dump BTC to $200 and I still don't care... the math is the math.... there are only 13 million bitcoins in circulation right now and an incalculable number of dollars...

faince222

sr. member

Activity: 378

Merit: 250

Yours are only rumor and attempt to make pain and horror to the people that have invested in bitcoin. People, sell when you want and don't hear no one ! I'm curious to read this thread in 2016, when will be btc halving.

manselr

legendary

Activity: 868

Merit: 1006

I had a laugh when I saw the date. This could have been a fallling alt for all I know.

pattu1

hero member

Activity: 675

Merit: 500

Quote from: Bit_Happy on October 17, 2014, 09:24:08 PM

This thread was started on "June 10, 2011, 02:57:19 PM", shortly after the high of the first huge "bubble".
Those ~3.5 years went by way too fast, and I wish we could do it over again.

This thread should be revisited in Jan 2018. Grin

Bit_Happy

legendary

Activity: 2114

Merit: 1040

A Great Time to Start Something!

This thread was started on "June 10, 2011, 02:57:19 PM", shortly after the high of the first huge "bubble".
Those ~3.5 years went by way too fast, and I wish we could do it over again.

nutildah

legendary

Activity: 3010

Merit: 8114

Quote from: BTCat on October 17, 2014, 12:40:47 PM

You didn't make it.

I like this:

Quote from: jimbobway on September 12, 2010, 01:29:48 AM

I think the key is to get the big players involved. Imagine if PayPal started to accept bitcoins. It's game over for other currencies.

You're right, I totally spaced. I'm gonna save it for Monday morning. Hope you don't mind if I open it with the quote you just pasted, its a good one.

BTCat

legendary

Activity: 1960

Merit: 1010

Quote from: nutildah on October 16, 2014, 01:24:42 PM

Quote from: CryptoCarmen on October 16, 2014, 08:07:22 AM

I see you love to dig forum for old posts, you must know a lot of crypto currencies.

There's a lot of hidden treasures buried in this forum. I'm gonna start a thread asking people to post their favorite old threads.

You didn't make it.

I like this:

Quote from: jimbobway on September 12, 2010, 01:29:48 AM

I think the key is to get the big players involved. Imagine if PayPal started to accept bitcoins. It's game over for other currencies.

nutildah

legendary

Activity: 3010

Merit: 8114

Quote from: CryptoCarmen on October 16, 2014, 08:07:22 AM

I see you love to dig forum for old posts, you must know a lot of crypto currencies.

There's a lot of hidden treasures buried in this forum. I'm gonna start a thread asking people to post their favorite old threads.

nutildah

legendary

Activity: 3010

Merit: 8114

Quote from: Coin_Master on October 16, 2014, 06:30:25 AM

Quote from: onesalt on June 11, 2011, 05:42:52 PM

Bitcoins down to 15 bux. Still think the price isn't crashing? Ignoring evidence doesn't make you correct.

History tells a different story. Since your post we have seen Bitcoin get to over $1000 US dollars. As I write this, the price of Bitcoin is $400 US dollars. What can you learn from your incorrect assumption?
Prices of markets go up and down, that is the nature of markets.

You can chastise somebody for comments they made 3 years ago, but the fact remains, they were here back then and we weren't. So, obviously they were on to something.

jabo38

legendary

Activity: 1232

Merit: 1001

mining is so 2012-2013

I'm going to hold my 3 bitcoins and hope that in 5 years somebody bumps this again trying to prove that no time is a good time to sell bitcoin until it has destroyed fiat. Then you don't sell, you just spend it.

Q7

sr. member

Activity: 448

Merit: 250

I wonder what that guy might be thinking of right now. Holding onto 50k would have made him or her a multimillionaire by now. It's amazing how fast things can move and change and that is only probably like 3 years only.

CryptoCarmen

member

Activity: 84

Merit: 10

★Bitin.io★ - Instant Exchange

Quote from: nutildah on October 16, 2014, 02:28:29 AM

Quote from: mrpetem on June 12, 2011, 02:44:54 PM

I would agree that selling some of your 50k bitcoins is actually a smart move. Being too greedy can leave you with nothing.

Could have been better timed if I discovered and bumped this a month ago or so.

I like how the dudes who sold are still noobs whereas the guys who didn't are Legendary.

I see you love to dig forum for old posts, you must know a lot of crypto currencies.

Monkeynutz

newbie

Activity: 30

Merit: 0

Quote from: Sief on June 11, 2011, 05:49:16 PM

I'm posting this from my spare account because I don't want to be hated by the other early miners...

I'm selling my 50k BTC in staggered amounts starting from tonight, and hopefully my impact on the market will be limited.

It's just not worth sitting on this kind of uncertainty anymore.

I'll do the same with my 100k BTC y0!

blatchcorn

sr. member

Activity: 952

Merit: 281

Quote from: BTCat on October 16, 2014, 06:38:53 AM

it's a beartrap

More likely just manipulation

BTCat

legendary

Activity: 1960

Merit: 1010

it's a beartrap

Coin_Master

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Quote from: onesalt on June 11, 2011, 05:42:52 PM

Bitcoins down to 15 bux. Still think the price isn't crashing? Ignoring evidence doesn't make you correct.

History tells a different story. Since your post we have seen Bitcoin get to over $1000 US dollars. As I write this, the price of Bitcoin is $400 US dollars. What can you learn from your incorrect assumption?
Prices of markets go up and down, that is the nature of markets.

Daniel91

legendary

Activity: 3374

Merit: 1824

Quote from: mrpetem on June 12, 2011, 02:44:54 PM

I would agree that selling some of your 50k bitcoins is actually a smart move. Being too greedy can leave you with nothing.

Yes, I agree with this.
When dealing with money and finance, people are usually not rational but emotional.
So, when price is going down, this is perfect opportunity to buy and earn more, when price goes up.
but, instead of this, people in panic selling everything and loosing any chance for good earning.

nutildah

legendary

Activity: 3010

Merit: 8114

Quote from: mrpetem on June 12, 2011, 02:44:54 PM

I would agree that selling some of your 50k bitcoins is actually a smart move. Being too greedy can leave you with nothing.

Could have been better timed if I discovered and bumped this a month ago or so.

I like how the dudes who sold are still noobs whereas the guys who didn't are Legendary.

mrpetem

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Activity: 224

Merit: 102

I would agree that selling some of your 50k bitcoins is actually a smart move. Being too greedy can leave you with nothing.

fergalish

sr. member

Activity: 440

Merit: 250

Maybe someone shorted the market? Maybe even successfully?

imperi

full member

Activity: 196

Merit: 101

I'll buy some of that on Tuesday when my funds clear. Thanks for needlessly selling because you're scared of volatility.

TraderTimm

legendary

Activity: 2408

Merit: 1121

Quote from: Sief on June 11, 2011, 05:49:16 PM

I'm posting this from my spare account because I don't want to be hated by the other early miners...

I'm selling my 50k BTC in staggered amounts starting from tonight, and hopefully my impact on the market will be limited.

It's just not worth sitting on this kind of uncertainty anymore.

And I'll be there to pick up what you've foolishly decided to liquidate. Just promise me you won't come back on the board crying when it trades above $100, okay? Thanks.

Indemnified

full member

Activity: 216

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Quote from: Sief on June 11, 2011, 05:49:16 PM

I'm posting this from my spare account because I don't want to be hated by the other early miners...

I'm selling my 50k BTC in staggered amounts starting from tonight, and hopefully my impact on the market will be limited.

It's just not worth sitting on this kind of uncertainty anymore.

Bullshit!

Sief

newbie

Activity: 24

Merit: 0

I'm posting this from my spare account because I don't want to be hated by the other early miners...

I'm selling my 50k BTC in staggered amounts starting from tonight, and hopefully my impact on the market will be limited.

It's just not worth sitting on this kind of uncertainty anymore.

onesalt

hero member

Activity: 756

Merit: 500

Bitcoins down to 15 bux. Still think the price isn't crashing? Ignoring evidence doesn't make you correct.

Oldminer

legendary

Activity: 1022

Merit: 1001

Quote from: imperi on June 11, 2011, 12:54:21 PM

At this rate, we will be seeing negative values in approximately 28.5 hours! Sell everything!!

Sell your babies...sell your mom!

Man From The Future

sr. member

Activity: 371

Merit: 250

ar har.... so, based on the definitely correct info from above, I should wait until then and then buy every single bitcoin I can and profit in both USD and bitcoin! Nothing wrong with that idea!

imperi

full member

Activity: 196

Merit: 101

At this rate, we will be seeing negative values in approximately 28.5 hours! Sell everything!!

allinvain

legendary

Activity: 3080

Merit: 1080

OMG not another one of these "the sky is falling" threads! This makes what..4? or 5?

zhalox

full member

Activity: 176

Merit: 106

XMR = BTC in 2010. Rise chikun.

Uber crash again today Sad

giszmo

legendary

Activity: 1862

Merit: 1114

WalletScrutiny.com

bubbles??
http://www.youtube.com/watch?v=ART2V2ICxZI

Ricochet

sr. member

Activity: 373

Merit: 250

Quote from: RandyMarsh on June 10, 2011, 04:00:55 PM

IT WAS ME...
IM SORRY...

I.... PUT THE SCREW.... IN THE TUNA

You sir win the internets. Love me some Kenan and Kel.

Man From The Future

sr. member

Activity: 371

Merit: 250

I successfully unsuccessfully corrected your img tags. Cheesy

TAKE 2
ps: I was referring to "as antimatter".

gigitrix

hero member

Activity: 630

Merit: 500

Quote from: Man From The Future on June 10, 2011, 05:53:41 PM

Quote from: gigitrix on June 10, 2011, 03:49:42 PM

[img=http://i.imgur.com/ks0IA.png][/img]

Seriously, calm down. Markets are about as stable as anti-matter these days, but they have always trended upwards and unless you have reason to think they won't, they'll continue to do so. Justr because the fall from $30 to $20 feels like more than a fall from $1.00 to $0.66, doesn't mean it's not exactly the same. This has happened many times now: you'll just make the daytraders richer if you 'cut your losses' IMHO.

SIR, I detect use of both hyperbole and... INCORRECT IMAGE TAGS!

Fixed for you.

:facepalm: Sorry about that. I don't think I'm being hyperbolic though: if you check the history bitcoin did pretty much the same % "flood crash" on many an occasion. I'm not one of these chart voodooist "everything is cyclical" types, I'm just using the evidence available to me because I don't think the social situation has changed at all.

Man From The Future

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Activity: 371

Merit: 250

Quote from: gigitrix on June 10, 2011, 03:49:42 PM

Seriously, calm down. Markets are about as stable as anti-matter these days, but they have always trended upwards and unless you have reason to think they won't, they'll continue to do so. Justr because the fall from $30 to $20 feels like more than a fall from $1.00 to $0.66, doesn't mean it's not exactly the same. This has happened many times now: you'll just make the daytraders richer if you 'cut your losses' IMHO.

SIR, I detect use of both hyperbole and... INCORRECT IMAGE TAGS!

Fixed for you.

TAKE 2!

rezin777

full member

Activity: 154

Merit: 100

Quote from: vuce on June 10, 2011, 05:49:57 PM

Quote from: rezin777 on June 10, 2011, 05:46:57 PM

Quote from: kiba on June 10, 2011, 05:44:42 PM

Did somebody say...the price is crashing?

Kiba, no one said bubble. Sheesh, as if you don't have enough opportunities to link that particular comic. Grin

bubble?

http://bitcoinweekly.com/articles/comic-reaction-after-dramatic-rise-of-bitcoin-s-value

Touché

vuce

sr. member

Activity: 476

Merit: 250

Quote from: rezin777 on June 10, 2011, 05:46:57 PM

Quote from: kiba on June 10, 2011, 05:44:42 PM

Did somebody say...the price is crashing?

Kiba, no one said bubble. Sheesh, as if you don't have enough opportunities to link that particular comic. Grin

bubble?

http://bitcoinweekly.com/articles/comic-reaction-after-dramatic-rise-of-bitcoin-s-value

ocharry

newbie

Activity: 28

Merit: 0

This is a very volatile market. If it were to crash I'd expect it to happen in only a few hours.

rezin777

full member

Activity: 154

Merit: 100

Quote from: kiba on June 10, 2011, 05:44:42 PM

Did somebody say...the price is crashing?

Kiba, no one said bubble. Sheesh, as if you don't have enough opportunities to link that particular comic. Grin

Crs

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Activity: 107

Merit: 10

kiba

legendary

Activity: 980

Merit: 1020

Did somebody say...the price is crashing?

If so, here's the comic: http://bitcoinweekly.com/articles/comic-reaction-after-dramatic-rise-of-bitcoin-s-value

rezin777

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Activity: 154

Merit: 100

Quote from: onesalt on June 10, 2011, 05:41:04 PM

Quote from: Oldminer on June 10, 2011, 04:10:17 PM

Price back up to $25 already.

Which is 7 dollars less than what it was yesterday.

And twice what it was June 3rd.

What's your point?

onesalt

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Activity: 756

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Quote from: Oldminer on June 10, 2011, 04:10:17 PM

Price back up to $25 already.

Which is 7 dollars less than what it was yesterday.

ErgoOne

full member

Activity: 126

Merit: 100

Actually, that's an idea.... It would give me somewhere to try this whole thing out, deal with the technical, legal, and financial issues, and not sink too much money or time into it.

str4wm4n

legendary

Activity: 1611

Merit: 1001

open a bitcoin bookstore

ErgoOne

full member

Activity: 126

Merit: 100

I wish I'd logged on and spotted this sooner. Sad

I just installed Bitcoin, but have no bitcoins yet and need to acquire some. Mining appears to require dedicated machines these days; too much work. So I have to buy them or figure out something to sell for them...

Pity that none of the auction houses let you pay in bitcoins, or I could auction off the pile of duplicate books that my husband and I need to get rid of. Wink

imperi

full member

Activity: 196

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I want it to go down to $5 and stay there for a few weeks.

CentroniX

member

Activity: 109

Merit: 10

It's over guys, it's all over. By midnight it'll tank and be at $0.

Please send all your BTC to the account in my sig. All I want is a huge cache of worthless BTC to give to my kids in 20 years as a keepsake reminder of the first run at a decentralized cryptocurrency. If the market happens to rebound (and I promise it won't), I swear I'll return al your BTC. Scouts honor!

cent

Bit_Happy

legendary

Activity: 2114

Merit: 1040

A Great Time to Start Something!

Up down up, please don't panic when the lows get retested.

FlipPro

legendary

Activity: 1764

Merit: 1015

I am actually hoping it drops even more, I am that close to pushing the buy button, the second theirs in uptick, I'm officially in..

Oldminer

legendary

Activity: 1022

Merit: 1001

Price back up to $25 already.

Man From The Future

sr. member

Activity: 371

Merit: 250

DAMNIT, RANDY

whyuno look at what you were doing?

WE'RE DOOMED.

[descends into nuclear-bomb-proofed-bunker-thing-a-ma-jig]

RandyMarsh

full member

Activity: 237

Merit: 100

IT WAS ME...
IM SORRY...

I.... PUT THE SCREW.... IN THE TUNA

Findeton

full member

Activity: 126

Merit: 100

At this pace, this sunday I'm not goint to buy bitcoins. I'm going to steal them for less than 20$/btc.

Please, please panic a little more!

FlipPro

legendary

Activity: 1764

Merit: 1015

gotta make a shirt about the market up and downswings. Cheesy

lol. Everyday the sky is falling.

gigitrix

hero member

Activity: 630

Merit: 500

Seriously, calm down. Markets are about as stable as anti-matter these days, but they have always trended upwards and unless you have reason to think they won't, they'll continue to do so. Justr because the fall from $30 to $20 feels like more than a fall from $1.00 to $0.66, doesn't mean it's not exactly the same. This has happened many times now: you'll just make the daytraders richer if you 'cut your losses' IMHO.

Edit: I fail at BBCode

TraderTimm

legendary

Activity: 2408

Merit: 1121

How about I just call the parent poster a retard instead?

Or even better, a 'dollar' holder.

Denicen

newbie

Activity: 46

Merit: 0

and the price goes from $26 down to 20 up to 24 a coin within minutes. bitcoin is one helluva market

mjsbuddha

sr. member

Activity: 336

Merit: 250

yung lean

Quote from: Bazil on June 10, 2011, 03:09:46 PM

I used this opportunity to buy at a cheap price Cheesy

Me too. This is the third time I've bought after a panic sell off and made thousands in less then a day. I... I just love bitcoin...

BotherMeNot

newbie

Activity: 14

Merit: 0

Quote from: onesalt on June 10, 2011, 02:57:19 PM

Looks like some left wing liberal socialist has crashed the market with his terrible understanding of how real free market economics work and crashed the market, god fucking damnit.

LOL!

Il tetini

newbie

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http://i736.photobucket.com/albums/xx8/MenchiSnacks/gifs/oh-noes-everybody-panic.gif

Bazil

full member

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Merit: 100

I used this opportunity to buy at a cheap price Cheesy

tgeo

newbie

Activity: 19

Merit: 0

The sky is falling. I repeat, the sky is falling

Oldminer

legendary

Activity: 1022

Merit: 1001

Quote from: semarjt on June 10, 2011, 03:02:38 PM

This ^^

semarjt

newbie

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http://t0.gstatic.com/images?q=tbn:ANd9GcS2Wo10GCb2wYwQf5w8SlS811w8sbsiceaPH6vUxTc71OYt19nhBg&t=1

onesalt

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Looks like some left wing liberal socialist has crashed the market with his terrible understanding of how real free market economics work and crashed the market, god fucking damnit.

Topic: The Price is crashing people!! get out while you can!! (Read 8363 times)