Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 29783.

OldGeek

sr. member

Activity: 266

Merit: 250

Blitz:The price affects the perception of the news

Quote from: porcupine87 on February 13, 2014, 04:16:21 AM

...snip...

So what do you think? Did some big wahles know, what war going on with Gox? People just acted like they knew...

Now, I like a good conspiracy theory as well as anyone, but that whale who sold 1600 coins on Gox for 501 was not in on it.

Yes, I'm sure that there is/was inside information. There almost always is. But I don't think that can account for all of the fear selling.

ShroomsKit

hero member

Activity: 672

Merit: 500

Quote from: surfer43 on February 13, 2014, 04:19:28 AM

Quote from: billyjoeallen on February 13, 2014, 04:17:37 AM

Quote from: billyjoeallen on February 13, 2014, 04:13:22 AM

Quote from: ShroomsKit on February 13, 2014, 04:03:32 AM

Quote from: OldGeek on February 13, 2014, 03:57:01 AM

Quote from: ShroomsKit on February 13, 2014, 03:52:57 AM

So nothing really. As most of the times. Panic selling because there might be panic selling.
Really at which point is this gonna stop? How is it gonna stop? When we reach the bottom? Is everybody happy then?

Can't these people really not understand the simple concept that what they are doing is exactly the reason why their coins lose value? And that is exactly what they fear? How silly can it get?

You've been through this before, Shrooms. You know this is only temporary.

I know but it feels different this time. Mainly because people don't care about good news anymore. Which was the reason we always went up before. They completely ignore that now. The only thing on their mins since jan 1 is sell sell sell.
I don't think we've had this happen before.

When people start saying "it's different this time", it's usually an indicator of a market turning.

"Stock prices have reached what looks like a permanently high plateau." ~Irving Fisher, 1929

The "new Economy", profits don't matter~ everybody, 1999

nice quotes to ease the panic Tongue

So you turned into a bear like me?

Never a bear but i did lose the convidence i've always had. Still i won't sell. All or nothing.

Nemo1024

legendary

Activity: 1680

Merit: 1014

Personally, I am waiting for the refund for KnC Neptune preorder, all of wich will be transferred back to the exchange to buy BTC back. I expect to gain about 6BTC from the cancellation, over what I paid for it.

So yeah, some are still buying. Bitcoin has seen a drawn-out bear market before. Those who cashed out back then, are the ones who lost the most.

ShroomsKit

hero member

Activity: 672

Merit: 500

Quote from: billyjoeallen on February 13, 2014, 04:13:22 AM

Quote from: ShroomsKit on February 13, 2014, 04:03:32 AM

Quote from: OldGeek on February 13, 2014, 03:57:01 AM

Quote from: ShroomsKit on February 13, 2014, 03:52:57 AM

So nothing really. As most of the times. Panic selling because there might be panic selling.
Really at which point is this gonna stop? How is it gonna stop? When we reach the bottom? Is everybody happy then?

Can't these people really not understand the simple concept that what they are doing is exactly the reason why their coins lose value? And that is exactly what they fear? How silly can it get?

You've been through this before, Shrooms. You know this is only temporary.

I know but it feels different this time. Mainly because people don't care about good news anymore. Which was the reason we always went up before. They completely ignore that now. The only thing on their mins since jan 1 is sell sell sell.
I don't think we've had this happen before.

When people start saying "it's different this time", it's usually an indicator of a market turning.

Sorry but reading some of your posts you seem completely delusional.

surfer43

sr. member

Activity: 560

Merit: 250

"Trading Platform of The Future!"

Quote from: billyjoeallen on February 13, 2014, 04:17:37 AM

Quote from: billyjoeallen on February 13, 2014, 04:13:22 AM

Quote from: ShroomsKit on February 13, 2014, 04:03:32 AM

Quote from: OldGeek on February 13, 2014, 03:57:01 AM

Quote from: ShroomsKit on February 13, 2014, 03:52:57 AM

So nothing really. As most of the times. Panic selling because there might be panic selling.
Really at which point is this gonna stop? How is it gonna stop? When we reach the bottom? Is everybody happy then?

Can't these people really not understand the simple concept that what they are doing is exactly the reason why their coins lose value? And that is exactly what they fear? How silly can it get?

You've been through this before, Shrooms. You know this is only temporary.

I know but it feels different this time. Mainly because people don't care about good news anymore. Which was the reason we always went up before. They completely ignore that now. The only thing on their mins since jan 1 is sell sell sell.
I don't think we've had this happen before.

When people start saying "it's different this time", it's usually an indicator of a market turning.

"Stock prices have reached what looks like a permanently high plateau." ~Irving Fisher, 1929

The "new Economy", profits don't matter~ everybody, 1999

nice quotes to ease the panic Tongue

So you turned into a bear like me?

Davyd05

hero member

Activity: 574

Merit: 500

Quote from: ShroomsKit on February 13, 2014, 04:12:27 AM

Quote from: OldGeek on February 13, 2014, 04:07:39 AM

Quote from: ShroomsKit on February 13, 2014, 04:03:32 AM

I know but it feels different this time. Mainly because people don't care about good news anymore. Which was the reason we always went up before. They completely ignore that now. The only thing on their mins since jan 1 is sell sell sell.
I don't think we've had this happen before.

Could be that a great majority of the newcomers were expecting great gains in short time periods.

Obviously a lot of people bought at 900+ so i bet tons of them must be panic selling now with a big loss.
I guess they will learn the hard way when they panic buy back in when we go up again.

buy range was from 142.50 - 938.00 cad , I've sold for profit 3 times, but really minimal 120.00 CAD but my mistakes were not riding the reason for taking a bearish stance and to be rewarded by the greater dip 24 hrs later, essentially re-entering before a bull trap formed. I just like to hodl though, the price went up so fast in the fall I didn't even have to spend my initial target investment Cheesy

billyjoeallen

legendary

Activity: 1106

Merit: 1007

Hide your women

Quote from: billyjoeallen on February 13, 2014, 04:13:22 AM

Quote from: ShroomsKit on February 13, 2014, 04:03:32 AM

Quote from: OldGeek on February 13, 2014, 03:57:01 AM

Quote from: ShroomsKit on February 13, 2014, 03:52:57 AM

So nothing really. As most of the times. Panic selling because there might be panic selling.
Really at which point is this gonna stop? How is it gonna stop? When we reach the bottom? Is everybody happy then?

Can't these people really not understand the simple concept that what they are doing is exactly the reason why their coins lose value? And that is exactly what they fear? How silly can it get?

You've been through this before, Shrooms. You know this is only temporary.

I know but it feels different this time. Mainly because people don't care about good news anymore. Which was the reason we always went up before. They completely ignore that now. The only thing on their mins since jan 1 is sell sell sell.
I don't think we've had this happen before.

When people start saying "it's different this time", it's usually an indicator of a market turning.

"Stock prices have reached what looks like a permanently high plateau." ~Irving Fisher, 1929

The "new Economy", profits don't matter~ everybody, 1999

ShroomsKit

hero member

Activity: 672

Merit: 500

Quote from: surfer43 on February 13, 2014, 04:13:50 AM

Quote from: ShroomsKit on February 13, 2014, 04:12:27 AM

Quote from: OldGeek on February 13, 2014, 04:07:39 AM

Quote from: ShroomsKit on February 13, 2014, 04:03:32 AM

I know but it feels different this time. Mainly because people don't care about good news anymore. Which was the reason we always went up before. They completely ignore that now. The only thing on their mins since jan 1 is sell sell sell.
I don't think we've had this happen before.

Could be that a great majority of the newcomers were expecting great gains in short time periods.

Obviously a lot of people bought at 900+ so i bet tons of them must be panic selling now with a big loss.
I guess they will learn the hard way when they panic buy back in when we go up again.

Some of them, yes.

Most of them, well...

They sell high and buy low Wink

Sure they do.

porcupine87

hero member

Activity: 546

Merit: 500

hm

I am still confident. When people are buying 250btc with one order on Bitstamp, I hope they know what there are doing (except they speculate to sell it 20$ higher).

There were some indicators. Could you remember, that the gox price was always something like 50-100$ above the stamp price. Just before gox canceled the with drawings, the price was sometimes nearly 200$ above the stamp price. Some people just had more informations and paid a premium to get out their funds. And maybe they sold it on stamp, because they knew, the price will fall after this news.

So what do you think? Did some big wahles know, what war going on with Gox? People just acted like they knew...

surfer43

sr. member

Activity: 560

Merit: 250

"Trading Platform of The Future!"

Quote from: ShroomsKit on February 13, 2014, 04:12:27 AM

Quote from: OldGeek on February 13, 2014, 04:07:39 AM

Quote from: ShroomsKit on February 13, 2014, 04:03:32 AM

I know but it feels different this time. Mainly because people don't care about good news anymore. Which was the reason we always went up before. They completely ignore that now. The only thing on their mins since jan 1 is sell sell sell.
I don't think we've had this happen before.

Could be that a great majority of the newcomers were expecting great gains in short time periods.

Obviously a lot of people bought at 900+ so i bet tons of them must be panic selling now with a big loss.
I guess they will learn the hard way when they panic buy back in when we go up again.

Some of them, yes.

Most of them, well...

They sell high and buy low Wink

Mythul

sr. member

Activity: 644

Merit: 250

Keep panicing guys and sell. Cya in one year !

billyjoeallen

legendary

Activity: 1106

Merit: 1007

Hide your women

Quote from: ShroomsKit on February 13, 2014, 04:03:32 AM

Quote from: OldGeek on February 13, 2014, 03:57:01 AM

Quote from: ShroomsKit on February 13, 2014, 03:52:57 AM

So nothing really. As most of the times. Panic selling because there might be panic selling.
Really at which point is this gonna stop? How is it gonna stop? When we reach the bottom? Is everybody happy then?

Can't these people really not understand the simple concept that what they are doing is exactly the reason why their coins lose value? And that is exactly what they fear? How silly can it get?

You've been through this before, Shrooms. You know this is only temporary.

I know but it feels different this time. Mainly because people don't care about good news anymore. Which was the reason we always went up before. They completely ignore that now. The only thing on their mins since jan 1 is sell sell sell.
I don't think we've had this happen before.

When people start saying "it's different this time", it's usually an indicator of a market turning.

ShroomsKit

hero member

Activity: 672

Merit: 500

Quote from: OldGeek on February 13, 2014, 04:07:39 AM

Quote from: ShroomsKit on February 13, 2014, 04:03:32 AM

I know but it feels different this time. Mainly because people don't care about good news anymore. Which was the reason we always went up before. They completely ignore that now. The only thing on their mins since jan 1 is sell sell sell.
I don't think we've had this happen before.

Could be that a great majority of the newcomers were expecting great gains in short time periods.

Obviously a lot of people bought at 900+ so i bet tons of them must be panic selling now with a big loss.
I guess they will learn the hard way when they panic buy back in when we go up again.

surfer43

sr. member

Activity: 560

Merit: 250

"Trading Platform of The Future!"

Quote from: OldGeek on February 13, 2014, 04:09:00 AM

I'm frankly surprised at the buying going on over at MtSux. Someone believes!

They are doing me a favor

Quote from: surfer43 on February 13, 2014, 02:36:50 AM

all my bitcoins are stuck in blockchain-reaction.com Roll Eyes

please hold the 500 price for me so I can short on margin later

OldGeek

sr. member

Activity: 266

Merit: 250

Blitz:The price affects the perception of the news

I'm frankly surprised at the buying going on over at MtSux. Someone believes!

surfer43

sr. member

Activity: 560

Merit: 250

"Trading Platform of The Future!"

Quote from: seldon on February 13, 2014, 04:07:04 AM

Dunno, will be interesting to see if malleability fix has a strong enough reaction to reverse direction for some time.

I highly doubt that. Once the bitcoin gets unstuck, people will sell sell sell.

OldGeek

sr. member

Activity: 266

Merit: 250

Blitz:The price affects the perception of the news

Quote from: ShroomsKit on February 13, 2014, 04:03:32 AM

I know but it feels different this time. Mainly because people don't care about good news anymore. Which was the reason we always went up before. They completely ignore that now. The only thing on their mins since jan 1 is sell sell sell.
I don't think we've had this happen before.

Could be that a great majority of the newcomers were expecting great gains in short time periods.

seldon

sr. member

Activity: 353

Merit: 250

Dunno, will be interesting to see if malleability fix has a strong enough reaction to reverse direction for some time.

ShroomsKit

hero member

Activity: 672

Merit: 500

Quote from: Carra23 on February 13, 2014, 03:59:44 AM

Fear! The air is ripe with it!

(yes, I am enjoying this. You can see some of those in here who are laughing at panic sellers are themselves starting to panic.)

If you are talking to me, i don't trade so i don't panic. Even if it goes to 0 i can't even lose money anymore.

surfer43

sr. member

Activity: 560

Merit: 250

"Trading Platform of The Future!"

People panic sell because they know every time there is panic the price plummets and they buy more Roll Eyes

. They also want to redistribute the wealth Cool

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 29783. (Read 26711840 times)