Author

Topic: where are all the sellers, nothing to sell above $500? (Read 1253 times)

hero member
Activity: 574
Merit: 500
Nothing should scare you besides the NSA or governments taking control and censoring the internet.

Anything else is just the weak giving in to the fearless.
legendary
Activity: 2170
Merit: 1094
Everyone is too scared to sell cause price is climbing so fast

I wonder how fast that feeling could change to "too scared to hold cause price is falling so fast"

Ussain Bolt fast

Not at first, at least not for the most sellers IMO. They'll wait to see how deep this goes, and wait for a rebound.
legendary
Activity: 1064
Merit: 1001
Everyone is too scared to sell cause price is climbing so fast

I wonder how fast that feeling could change to "too scared to hold cause price is falling so fast"

Ussain Bolt fast
hero member
Activity: 528
Merit: 527
Everyone is too scared to sell cause price is climbing so fast

I wonder how fast that feeling could change to "too scared to hold cause price is falling so fast"
sr. member
Activity: 308
Merit: 250
Has anyone considered that people probably have coins ready to be sold but do not actually have an active sell order on the books?

500-1000... when it gets in that range, people will go ahead and make a call at that time on whether to place a sell order or not. No sense in jumping the gun and putting in a sell order now. Heck, they probably have coins in offline/cold wallets.

I think we'll see the same patterns we have been seeing, just moving up in price should this rally continue.
full member
Activity: 182
Merit: 100
Everyone is too scared to sell cause price is climbing so fast
legendary
Activity: 1025
Merit: 1000
Wow. youre right. Only about 3000 btc from 500 to 1000. Things are going to get crazy fast.
sr. member
Activity: 308
Merit: 250
I'm sure the sell orders will be adjusted to reflect market price.
legendary
Activity: 1904
Merit: 1002
are they all just siting off the order book to let it rise and then dump in or what?

there are just no sales I can see above 500, its flat from there on?Huh

http://bitcoinity.org/markets/bitstamp/USD

In order to get to $500, you would have to buy 3700 BTC.  Many of these will be put up for sale at higher prices than they were purchased.
legendary
Activity: 2632
Merit: 1023
are they all just siting off the order book to let it rise and then dump in or what?

there are just no sales I can see above 500, its flat from there on?Huh

http://bitcoinity.org/markets/bitstamp/USD
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