Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 33229.

sarc

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Quote from: Vicus on June 09, 2013, 02:40:13 AM

Quote from: Frozenlock on June 09, 2013, 02:29:55 AM

Did it ever occur to you that the manipulation might be to avoid a selloff?
Try selling 10k BTC on a busy day and watch the result.

He can dump in small portions all day. I think resulting sell price will be much higher than stupid dump at once...

How do you know these aren't the small portions he's dumping?

hyphymikey

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Quote from: Vicus on June 09, 2013, 02:40:13 AM

Quote from: Frozenlock on June 09, 2013, 02:29:55 AM

Did it ever occur to you that the manipulation might be to avoid a selloff?
Try selling 10k BTC on a busy day and watch the result.

He can dump in small portions all day. I think resulting sell price will be much higher than stupid dump at once...

+1

Coinseeker

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Activity: 252

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Quote from: Vicus on June 09, 2013, 02:40:13 AM

Quote from: Frozenlock on June 09, 2013, 02:29:55 AM

Did it ever occur to you that the manipulation might be to avoid a selloff?
Try selling 10k BTC on a busy day and watch the result.

He can dump in small portions all day. I think resulting sell price will be much higher than stupid dump at once...

Obviously someone wanted to crash the price.

Vicus

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Quote from: Frozenlock on June 09, 2013, 02:29:55 AM

Did it ever occur to you that the manipulation might be to avoid a selloff?
Try selling 10k BTC on a busy day and watch the result.

He can dump in small portions all day. I think resulting sell price will be much higher than stupid dump at once...

BitPirate

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RMBTB.com: The secure BTC:CNY exchange. 0% fee!

Quote from: Frozenlock on June 09, 2013, 02:29:55 AM

Quote from: Vicus on June 09, 2013, 02:26:23 AM

Quote from: ShroomsKit on June 09, 2013, 02:06:20 AM

This isn't a correction. It also isn't a test. It's tons of money leaving Bitcoin because people lost interest/faith. But at least we have cheap coins right?

All evidences screaming: this is pure manipulation! Day and time choosed for dumps is pure evidence.

Did it ever occurred to you that the manipulation might be to avoid a selloff?

Try selling 10k BTC on a busy day and watch the result.

I agree with you that this isn't manipulation -- been waiting for this coming.

There has been plenty of manipulation, however. It is what has brought us to this point. Any decisive breaks upward were followed by a DDoS and a precipitous sell-off. This -- cash fleeing -- is the inevitable result.

sarc

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Someone was asking yesterday what happens when they cross Cheesy

:

Frozenlock

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Quote from: Vicus on June 09, 2013, 02:26:23 AM

Quote from: ShroomsKit on June 09, 2013, 02:06:20 AM

This isn't a correction. It also isn't a test. It's tons of money leaving Bitcoin because people lost interest/faith. But at least we have cheap coins right?

All evidences screaming: this is pure manipulation! Day and time choosed for dumps is pure evidence.

Did it ever occur to you that the manipulation might be to avoid a selloff?

Try selling 10k BTC on a busy day and watch the result.

sarc

member

Activity: 98

Merit: 10

While I was sleeping god dammit! Lets get this baby over with....

Vicus

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Quote from: ShroomsKit on June 09, 2013, 02:06:20 AM

This isn't a correction. It also isn't a test. It's tons of money leaving Bitcoin because people lost interest/faith. But at least we have cheap coins right?

All evidences screaming: this is pure manipulation! Day and time choosed for dumps is pure evidence.

Coinseeker

sr. member

Activity: 252

Merit: 250

I see a couple smart ones are dumping BTC for XRP while they can. Markets havent had a chance to react. This night just keeps getting better. Grin

EDIT: Bitpirate, don't cry. It's embarrassing. Cry

Take it like a man.

BitPirate

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Quote from: Coinseeker on June 09, 2013, 02:20:08 AM

If you consider there will never be significant BTC adoption at any price, then why are you on these boards cheering the collapse?

I'm happy enough to ride the waves -- incredulous as I am sometimes.... but I am a long-term BTC believer, and at least am interested and invested in the technology and ecosystem.

You clearly don't want to buy in at a cheap price, given your previous comment. So why are you here? You really just like to troll?

chriswilmer

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Quote from: N12 on June 09, 2013, 02:15:44 AM

Quote from: BitPirate on June 09, 2013, 02:12:02 AM

Yes, sure. Wouldn't that be SIMPLY WONDERFUL?

Cheap coins!!!

When it finally reaches the bottom, surely everyone will FLOOD IN to buy them.

"SHUT UP AND TAKE MY MONEY", all the noobs will shout as they are desperate to buy into BTC. Banks will be awash with wires to Mt Gox.

VCs will be falling over themselves to get a piece of the action.

I mean, why wouldn't they?

Agreed, Bitcoin will probably be dead forever then.

http://bitcoincharts.com/charts/mtgoxUSD#rg60zczsg2011-04-01zeg2011-11-01ztgSza1gSMAzm1g20zm2g200

As I said before: This has happened before. It will happen again.

I think this resembles the Aug. 2012 crash and that 95 will probably be the bottom (see below). I am very bullish on bitcoin though.

http://bitcoincharts.com/charts/mtgoxUSD#rg60zig6-hourzczsg2012-06-01zeg2012-12-01ztgWzm1g10zm2g25

Coinseeker

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BitPirate

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RMBTB.com: The secure BTC:CNY exchange. 0% fee!

Quote from: Frozenlock on June 09, 2013, 02:16:56 AM

Quote from: N12 on June 09, 2013, 02:15:44 AM

As I said before: This has happened before. It will happen again.

You should say "might". Otherwise many will base their hopes on this.

+1

Frozenlock

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Quote from: N12 on June 09, 2013, 02:15:44 AM

As I said before: This has happened before. It will happen again.

You should say "might". Otherwise many will base their hopes on this.

chriswilmer

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Quote from: byronbb on June 09, 2013, 02:07:25 AM

Quote from: cedivad on June 09, 2013, 02:00:16 AM

Quote from: nmersulypnem on June 09, 2013, 01:55:57 AM

Someone who dumped 60K bitcoins at 101, is not going to buy back in. Moreover, if they have more btc, they're likely to wait for the rebound to lure more fools into the milking barn...

Noone dropped 60k at 101. Maybe you are talking about the eaten 10k wall?
My guess for the reentry in in the 50 range. We might see a bull trap there.

Ya agreed. While this hurts my equity it is amazing to watch bitcoin now vs that of a year ago. I just watched 50k btc selloff worth 5 million dollars. Been around this board when we watched it go to 30 then grind to $2 then crawl to $20 then RAMP to the moon. A $100 bitcoin is truly amazing in its own right. Everything about this night is bullish long term.

I agree. It's amazing that we have $100 bitcoins at all. It's still so early in the bitcoin game too.

N12

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Quote from: BitPirate on June 09, 2013, 02:12:02 AM

Yes, sure. Wouldn't that be SIMPLY WONDERFUL?

Cheap coins!!!

When it finally reaches the bottom, surely everyone will FLOOD IN to buy them.

"SHUT UP AND TAKE MY MONEY", all the noobs will shout as they are desperate to buy into BTC. Banks will be awash with wires to Mt Gox.

VCs will be falling over themselves to get a piece of the action.

I mean, why wouldn't they?

Agreed, Bitcoin will probably be dead forever then.

http://bitcoincharts.com/charts/mtgoxUSD#rg60zczsg2011-04-01zeg2011-11-01ztgSza1gSMAzm1g20zm2g200

As I said before: This has happened before. It will happen again.

lucas.sev

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Quote from: BitPirate on June 09, 2013, 02:12:02 AM

Quote from: Coinseeker on June 09, 2013, 02:08:26 AM

Quote from: ShroomsKit on June 09, 2013, 02:06:20 AM

This isn't a correction. It also isn't a test. It's tons of money leaving Bitcoin because people lost interest/faith. But at least we have cheap coins right?

Not yet. Let's hope that was just a warm up. Wink

Yes, sure. Wouldn't that be SIMPLY WONDERFUL?

Cheap coins!!!

When it finally reaches the bottom, surely everyone will FLOOD IN to buy them.

"SHUT UP AND TAKE MY MONEY", all the noobs will shout as they are desperate to buy into BTC. Banks will be awash with wires to Mt Gox.

VCs will be falling over themselves to get a piece of the action.

I mean, why wouldn't they?

Chill, people are happy because the faster bubble deflates the sooner another one can start forming. Whoops, I mean the sooner steady growth based on expanding economy that is not 90% silkroad can happen.

Coinseeker

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Quote from: BitPirate on June 09, 2013, 02:12:02 AM

Quote from: Coinseeker on June 09, 2013, 02:08:26 AM

Quote from: ShroomsKit on June 09, 2013, 02:06:20 AM

This isn't a correction. It also isn't a test. It's tons of money leaving Bitcoin because people lost interest/faith. But at least we have cheap coins right?

Not yet. Let's hope that was just a warm up. Wink

Yes, sure. Wouldn't that be great?

When it finally reaches the bottom, surely everyone will FLOOD IN.

"TAKE MY MONEY", all the noobs will shout as they are desperate to buy into BTC. Banks will be awash with wires to Mt Gox.

VCs will be falling over themselves to get a piece of the action.

I mean, why wouldn't they?

None of that has ever been true, so why would that start now? It's only the delusions of the ideological nuts that are being destroyed. It's not like all of them haven't been told repeatedly. I don't feel sorry for any of you. I GUARANTEED this would happen. I find it hilarious and also a potential opportunity. Wink

BitPirate

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RMBTB.com: The secure BTC:CNY exchange. 0% fee!

Quote from: Coinseeker on June 09, 2013, 02:08:26 AM

Quote from: ShroomsKit on June 09, 2013, 02:06:20 AM

This isn't a correction. It also isn't a test. It's tons of money leaving Bitcoin because people lost interest/faith. But at least we have cheap coins right?

Not yet. Let's hope that was just a warm up. Wink

Yes, sure. Wouldn't that be SIMPLY WONDERFUL?

Cheap coins!!!

When it finally reaches the bottom, surely everyone will FLOOD IN to buy them.

"SHUT UP AND TAKE MY MONEY", all the noobs will shout as they are desperate to buy into BTC. Banks will be awash with wires to Mt Gox.

VCs will be falling over themselves to get a piece of the action.

I mean, why wouldn't they?

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 33229. (Read 26497857 times)