Lots of small fries ..
LOL 
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 32946. (Read 26609730 times)
July 12, 2013, 06:25:05 AM
July 12, 2013, 06:23:24 AM
^eat them up
July 12, 2013, 06:23:04 AM
Lots of small fries anxious to sell at 100.
But what will the whales do?
July 12, 2013, 06:22:22 AM
it is gambling because you don't know what will happen tomorrow. And everything can happen.
the prudent gambler doesn't care about what will happen tomorrow, if he knows what will happen in 2-5 years
I'm gambling on my future you see, by forgoing the use of my capital now.
July 12, 2013, 06:22:10 AM
Seems like >100 does not hold very firmly. This is quite a thriller I must say.
July 12, 2013, 06:18:34 AM
it is gambling because you don't know what will happen tomorrow. And everything can happen.
the prudent gambler doesn't care about what will happen tomorrow, if he knows what will happen in 2-5 years
July 12, 2013, 06:16:57 AM
When you own 200,000BTC, there are only a few things you can do to increase your percentage 
sure, i would do same thing. put some coins aside and multiply your active stash.
hats off to the whale/s who manipulated market down and up during the last two weeks while taking advantage of the popular beliefs during that phase.
first everybody expected a correction and later an overdue upturn because of bullish news.
perhaps we would have seen 50 without these news. you can't manipulate against the sentiments of the masses...then it's really gambling.
it's better to shake the tree during windy times because everybody's expecting it to go that way.
July 12, 2013, 06:12:30 AM
so mad i didn't buy back in at 80 right now
not too late, what's a few % of a bull trend?
July 12, 2013, 06:11:38 AM
it is gambling because you don't know what will happen tomorrow. And everything can happen.
the prudent gambler doesn't care about what will happen tomorrow, if he knows what will happen in 2-5 years
July 12, 2013, 06:10:12 AM
so mad i didn't buy back in at 80 right now
July 12, 2013, 06:08:59 AM
This rally left many of us scratching heads, with single large buys setting new price level, and no profit taking 'yet'.
The road ahead is steeper requiring more heavy $ while USD coming in btc decreasing substantially. I believe saturation point is not far and big boys are just waiting for buy side to fill up before dumping starts, as currently 10k sell brings us back to 85.
The road ahead is steeper requiring more heavy $ while USD coming in btc decreasing substantially. I believe saturation point is not far and big boys are just waiting for buy side to fill up before dumping starts, as currently 10k sell brings us back to 85.
would you sell if you didn't think you could buy back your 10k BTC at a profit? I wouldn't.
think about it,
Flash dump the wrong way, sure you might attract some sellers to go with you, but will you convince enough sellers so that you can buy back your position without a loss? pshh. don't forget about the bulls buying into your dump as a result of the lower prices (supply/demand don't forget!), taking up your position.
i dont think they will cry much if they have 1k bitcoins more or less.
I would. The name of this game is increasing the amount of bitcoins you have in the long term. if you don't get that then you're a weak hand.
this is gambling, nobody wins 100% time.
This is not simply gambling against chance like roulette or dice. This is controlling your risk to maximize some sort of objective, which in this realm is acquiring more bitcoins.
it is gambling because you don't know what will happen tomorrow. And everything can happen.
July 12, 2013, 06:04:40 AM
This rally left many of us scratching heads, with single large buys setting new price level, and no profit taking 'yet'.
The road ahead is steeper requiring more heavy $ while USD coming in btc decreasing substantially. I believe saturation point is not far and big boys are just waiting for buy side to fill up before dumping starts, as currently 10k sell brings us back to 85.
The road ahead is steeper requiring more heavy $ while USD coming in btc decreasing substantially. I believe saturation point is not far and big boys are just waiting for buy side to fill up before dumping starts, as currently 10k sell brings us back to 85.
would you sell if you didn't think you could buy back your 10k BTC at a profit? I wouldn't.
think about it,
Flash dump the wrong way, sure you might attract some sellers to go with you, but will you convince enough sellers so that you can buy back your position without a loss? pshh. don't forget about the bulls buying into your dump as a result of the lower prices (supply/demand don't forget!), taking up your position.
i dont think they will cry much if they have 1k bitcoins more or less.
I would. The name of this game is increasing the amount of bitcoins you have in the long term. if you don't get that then you're a weak hand.
this is gambling, nobody wins 100% time.
This is not simply gambling against chance like roulette or dice. This is controlling your risk and affecting your outcomes to maximize some sort of objective, which in this realm is acquiring more bitcoins. Betting blindly on what people are posting on this forum is bad gambling. Affecting the amount people are going to behave by dumping btc/usd considering certain conditions and betting on that is good gambling.
July 12, 2013, 06:01:23 AM
July 12, 2013, 06:01:08 AM
This rally left many of us scratching heads, with single large buys setting new price level, and no profit taking 'yet'.
The road ahead is steeper requiring more heavy $ while USD coming in btc decreasing substantially. I believe saturation point is not far and big boys are just waiting for buy side to fill up before dumping starts, as currently 10k sell brings us back to 85.
The road ahead is steeper requiring more heavy $ while USD coming in btc decreasing substantially. I believe saturation point is not far and big boys are just waiting for buy side to fill up before dumping starts, as currently 10k sell brings us back to 85.
would you sell if you didn't think you could buy back your 10k BTC at a profit? I wouldn't.
think about it,
Flash dump the wrong way, sure you might attract some sellers to go with you, but will you convince enough sellers so that you can buy back your position without a loss? pshh. don't forget about the bulls buying into your dump as a result of the lower prices (supply/demand don't forget!), taking up your position.
i dont think they will cry much if they have 1k bitcoins more or less.
I would. The name of this game is increasing the amount of bitcoins you have in the long term. if you don't get that then you're a weak hand.
this is gambling, nobody wins 100% time.
July 12, 2013, 05:56:11 AM
This rally left many of us scratching heads, with single large buys setting new price level, and no profit taking 'yet'.
The road ahead is steeper requiring more heavy $ while USD coming in btc decreasing substantially. I believe saturation point is not far and big boys are just waiting for buy side to fill up before dumping starts, as currently 10k sell brings us back to 85.
The road ahead is steeper requiring more heavy $ while USD coming in btc decreasing substantially. I believe saturation point is not far and big boys are just waiting for buy side to fill up before dumping starts, as currently 10k sell brings us back to 85.
would you sell if you didn't think you could buy back your 10k BTC at a profit? I wouldn't.
think about it,
Flash dump the wrong way, sure you might attract some sellers to go with you, but will you convince enough sellers so that you can buy back your position without a loss? pshh. don't forget about the bulls buying into your dump as a result of the lower prices (supply/demand don't forget!), taking up your position.
i dont think they will cry much if they have 1k bitcoins more or less.
I would. The name of this game is increasing the amount of bitcoins you have in the long term. if you don't get that then you're a weak hand.
July 12, 2013, 05:54:52 AM
This rally left many of us scratching heads, with single large buys setting new price level, and no profit taking 'yet'.
The road ahead is steeper requiring more heavy $ while USD coming in btc decreasing substantially. I believe saturation point is not far and big boys are just waiting for buy side to fill up before dumping starts, as currently 10k sell brings us back to 85.
The road ahead is steeper requiring more heavy $ while USD coming in btc decreasing substantially. I believe saturation point is not far and big boys are just waiting for buy side to fill up before dumping starts, as currently 10k sell brings us back to 85.
would you sell if you didn't think you could buy back your 10k BTC at a profit? I wouldn't.
think about it,
Flash dump the wrong way, sure you might attract some sellers to go with you, but will you convince enough sellers so that you can buy back your position without a loss? pshh. don't forget about the bulls buying into your dump as a result of the lower prices (supply/demand don't forget!), taking up your position.
i dont think they will cry much if they have 1k bitcoins more or less.
July 12, 2013, 05:51:58 AM
This rally left many of us scratching heads, with single large buys setting new price level, and no profit taking 'yet'.
The road ahead is steeper requiring more heavy $ while USD coming in btc decreasing substantially. I believe saturation point is not far and big boys are just waiting for buy side to fill up before dumping starts, as currently 10k sell brings us back to 85.
The road ahead is steeper requiring more heavy $ while USD coming in btc decreasing substantially. I believe saturation point is not far and big boys are just waiting for buy side to fill up before dumping starts, as currently 10k sell brings us back to 85.
would you sell if you didn't think you could buy back your 10k BTC at a profit? I wouldn't.
think about it,
Flash dump the wrong way, sure you might attract some sellers to go with you, but will you convince enough sellers so that you can buy back your position without a loss? pshh. don't forget about the bulls buying into your dump as a result of the lower prices (supply/demand don't forget!), taking up your position.
July 12, 2013, 05:51:18 AM
Quote
I think you are vastly overestimating the amount of people holding huge amounts such as 50,000 coins. Most of early adopters sold A LOT in 2011. And many sold out for good. So, I think there is only a handful of individuals holding such amounts.
Absolutely right! There's no contradiction to what I said.
July 12, 2013, 05:49:35 AM
This rally left many of us scratching heads, with single large buys setting new price level, and no profit taking 'yet'.
The road ahead is steeper requiring more heavy $ while USD coming entering btc economy decreased substantially after the hype. I believe saturation point is not far and big boys are just waiting for buy side to fill up before dumping starts, as currently 10k sell brings us back to 85.
The road ahead is steeper requiring more heavy $ while USD coming entering btc economy decreased substantially after the hype. I believe saturation point is not far and big boys are just waiting for buy side to fill up before dumping starts, as currently 10k sell brings us back to 85.
July 12, 2013, 05:49:18 AM
I can't imagine early adopters trying to bring the price back down though and if they already didn't sell, why do so now?
Well, because as an early adopter I might hold 50,000 coins in my cold wallet and like to play rollercoaster with about 10,000 coins - play money.I think you are vastly overestimating the amount of people holding huge amounts such as 50,000 coins. Most of early adopters sold A LOT in 2011. And many sold out for good. So, I think there is only a handful of individuals holding such amounts. Plus, I think there is also quite an overestimation on the amount of "early miners" holding 10s of k's of coins. Again, that was true in 2011, not so much now. In my opinion there are more "Winklevosses" type of investors that hold massive amount of coins, bought in the market, than early miners.
Just check the thread in this subforum, where addresses with massive funds are listed: https://bitcointalksearch.org/topic/just-looks-at-how-calm-these-people-are-249718
You will see that there are almost no "newly generated coins" in those addresses (if there are at all, I didn't see any but I didn't research thoroughly). Most of those coins come from purchases, either from individuals, or from MtGox controlled wallets. Plus, an amazing amount of coins come from the "SR mixer", which is something a miner doesn't need to use... Your freshly generated coins go straight to a fresh address, so they are pretty much untraceable (in fact mining is one of the best ways to have BTC's anonymously), while bought coins leave a trace (Gox knows who you are, the "early adopter" that sold you 20,000 coins probably too, etc.)
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