Author

Topic: The Reason for the Sell-off (Read 1346 times)

legendary
Activity: 2576
Merit: 1087
December 12, 2013, 02:40:29 PM
#9
Price went up a lot really fast.  Market participants get nervous/take profits.  Price goes down.   

I'm glad you're back on this board. Improves the S/N somewhat Smiley
full member
Activity: 196
Merit: 100
December 12, 2013, 01:56:01 PM
#8
sorry guys, cashed out .1 at the top, that was me Cool
legendary
Activity: 2198
Merit: 1311
December 12, 2013, 01:19:50 PM
#7
Price went up a lot really fast.  Market participants get nervous/take profits.  Price goes down.   
member
Activity: 70
Merit: 10
December 12, 2013, 01:07:52 PM
#6
Not seeing much of a panic sell off In my opinion it's feels more like a correction from all the good news/hype lately.  But your take on it was  very amusing.
sr. member
Activity: 434
Merit: 251
December 11, 2013, 01:15:45 PM
#5
this is funny but dont think its like that........
legendary
Activity: 2026
Merit: 1034
Fill Your Barrel with Bitcoins!
December 11, 2013, 01:10:31 PM
#4
member
Activity: 116
Merit: 10
December 11, 2013, 01:04:15 PM
#3
Just do not check price and no panic sell possible. Wait, people put in money they can not loose - bear snack
sr. member
Activity: 516
Merit: 283
December 11, 2013, 12:19:51 PM
#2
haha, i liked the old-school banker twist on this new school phenomena
copper member
Activity: 1380
Merit: 504
THINK IT, BUILD IT, PLAY IT! --- XAYA
December 11, 2013, 08:09:39 AM
#1
Truth be told, the sell off is for the same reasons as always.

You see, a few wealthy, rogue bitcoin whales. They've installed microphones on high-rises and tall apartment buildings around the world.

What they do is to force out the weak hands by creating panic selling.

Then they collect the recordings as those panic sellers jump out the windows, screaming as they plummet to their deaths.

They then all get together, smoke cigars, twirl their moustaches, and cackle with glee as they listen to the screams of panic sellers.



Well, that or there was some bad news that spooked some heavies.

So, nothing really new. This is not the panic that you're looking for. Move along...

Wink
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