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Topic: Who is buying above $13? Manipulation or Market? (Read 8627 times)

piramida
legendary
Activity: 1176
Merit: 1010
Borsche
Who is buying above $13? Manipulation or Market?
July 22, 2016, 01:18:43 PM
#78
Quote from: n691309 on July 21, 2016, 04:00:50 PM
Quote from: piramida on July 21, 2016, 03:17:51 PM
Quote from: Tronlet on July 08, 2011, 03:27:45 PM
Quote from: piramida on July 08, 2011, 02:56:23 PM
Quote from: Tronlet on July 08, 2011, 02:03:05 PM
lol?

Not lol. I'm afraid that if market prices BTC at $100, OP's head will explode.
Cool then, let's commit murder together. I have quite a few bitcoin I'm willing to sell at 100 dollars each, set up a buy order and we can initiate them simultaneously and skyrocket the market. Sound good?

Hey you still up for the offer? Smiley

You bumped a thread 5 years old lol, I read the first comments and are very interesting to read them how people were panic selling at 15 dollars, most of them now are high rank like Legendary, at the current price I think a similar coin is ethereum.

I know right, interesting to recall people discussing whether $13 or $15 is a good price to get into bitcoin Smiley Like, seriously, making a decision. The only good decision back then was to buy all you can at any price.

As for Ethereum, I do not know. I personally sold all of mine because a coin that rollbacks several weeks for no real reason is a crapcoin with no future, but that's just HO Smiley
n691309
legendary
Activity: 1526
Merit: 1001
Re: Who is buying above $13? Manipulation or Market?
July 21, 2016, 04:00:50 PM
#77
Quote from: piramida on July 21, 2016, 03:17:51 PM
Quote from: Tronlet on July 08, 2011, 03:27:45 PM
Quote from: piramida on July 08, 2011, 02:56:23 PM
Quote from: Tronlet on July 08, 2011, 02:03:05 PM
lol?

Not lol. I'm afraid that if market prices BTC at $100, OP's head will explode.
Cool then, let's commit murder together. I have quite a few bitcoin I'm willing to sell at 100 dollars each, set up a buy order and we can initiate them simultaneously and skyrocket the market. Sound good?

Hey you still up for the offer? Smiley

You bumped a thread 5 years old lol, I read the first comments and are very interesting to read them how people were panic selling at 15 dollars, most of them now are high rank like Legendary, at the current price I think a similar coin is ethereum.
piramida
legendary
Activity: 1176
Merit: 1010
Borsche
Re: Who is buying above $13? Manipulation or Market?
July 21, 2016, 03:17:51 PM
#76
Quote from: Tronlet on July 08, 2011, 03:27:45 PM
Quote from: piramida on July 08, 2011, 02:56:23 PM
Quote from: Tronlet on July 08, 2011, 02:03:05 PM
lol?

Not lol. I'm afraid that if market prices BTC at $100, OP's head will explode.
Cool then, let's commit murder together. I have quite a few bitcoin I'm willing to sell at 100 dollars each, set up a buy order and we can initiate them simultaneously and skyrocket the market. Sound good?

Hey you still up for the offer? Smiley
chuckypalumbo
full member
Activity: 148
Merit: 100
Re: Who is buying above $13? Manipulation or Market?
July 09, 2011, 02:24:21 PM
#75
Just sold at $14.5 after buying at 14, made a quick little pocket full of change and now I'll look to buy again if it dips a little more this weekend. I'd like to get in below $14 so I ca maximize the number of BTC I have with the cash I put in (which wasn't much).
piramida
legendary
Activity: 1176
Merit: 1010
Borsche
Re: Who is buying above $13? Manipulation or Market?
July 09, 2011, 01:32:23 PM
#74
Quote from: Tronlet on July 08, 2011, 03:27:45 PM
Cool then, let's commit murder together. I have quite a few bitcoin I'm willing to sell at 100 dollars each, set up a buy order and we can initiate them simultaneously and skyrocket the market. Sound good?

thanks I just bought quite a lot at 13.50 so the extra margin of 86.50 that you ask for would be unfounded at this point in time.
Tronlet
full member
Activity: 224
Merit: 100
Re: Who is buying above $13? Manipulation or Market?
July 08, 2011, 03:27:45 PM
#73
Quote from: piramida on July 08, 2011, 02:56:23 PM
Quote from: Tronlet on July 08, 2011, 02:03:05 PM
lol?

Not lol. I'm afraid that if market prices BTC at $100, OP's head will explode.
Cool then, let's commit murder together. I have quite a few bitcoin I'm willing to sell at 100 dollars each, set up a buy order and we can initiate them simultaneously and skyrocket the market. Sound good?
piramida
legendary
Activity: 1176
Merit: 1010
Borsche
Re: Who is buying above $13? Manipulation or Market?
July 08, 2011, 02:56:23 PM
#72
Quote from: Tronlet on July 08, 2011, 02:03:05 PM
lol?

Not lol. I'm afraid that if market prices BTC at $100, OP's head will explode.
Tronlet
full member
Activity: 224
Merit: 100
Re: Who is buying above $13? Manipulation or Market?
July 08, 2011, 02:03:05 PM
#71
Quote from: piramida on July 08, 2011, 01:12:18 PM
You can not judge whether it's high or low because that is what it costs now. You better understand it now, or you will have some very hard time understanding $100 per BTC later.
lol?
piramida
legendary
Activity: 1176
Merit: 1010
Borsche
Re: Who is buying above $13? Manipulation or Market?
July 08, 2011, 01:12:18 PM
#70
Quote from: Edward50 on July 08, 2011, 08:47:31 AM
If I had known of bitcoin when it was in the single digits, even before it went above $10, I would have bought.

Haha, no you would've not. You would've started a topic "Who is buying above $1? Manipulation or Market?" and give all of the same reasoning about volatility going from 0.1 to $1 and back. Absolute value of bitcoin means nothing. Right now it's at $15 level. You can not judge whether it's high or low because that is what it costs now. You better understand it now, or you will have some very hard time understanding $100 per BTC later.
5grainsilver
member
Activity: 69
Merit: 10
Re: Who is buying above $13? Manipulation or Market?
July 08, 2011, 09:59:59 AM
#69
Let's see if $10 holds on this next push down.
Edward50
hero member
Activity: 602
Merit: 500
Re: Who is buying above $13? Manipulation or Market?
July 08, 2011, 08:47:31 AM
#68
Quote from: Jack of Diamonds on July 07, 2011, 12:18:51 PM
Quote from: Edward50 on June 17, 2011, 12:51:43 AM
Yes It is very interesting times, I can't help  but keep checking the price of the bitcoin. I must admit, part of me wants it to go lower because I missed the boat on this one.

I'm willing to bet that's pretty common around the forums.

Narcissism and jealousy are the modern day plague. If you can't have it then nobody should.

I already admitted in a post on this thread earlier, I think the bitcoin can have potential. Just not at $15 right now. Low single digits is where it would be a decent investment. That is where I think the risk/reward level is. Paying $15 right now is too much considering all the risks, and for the main fact that it keeps hitting new lows (AFTER THE  $30 PEAK).
If I had known of bitcoin when it was in the single digits, even before it went above $10, I would have bought.

What surprises me is that every time it hits a new LOW it bouces back. It seems that the best way to play bitcoin is  to buy when it hits a new low, and then sell during the bounce back. I would think this would not work after this happened so many times. I would think people would be onto this easy way to make profit.




TheMalon
member
Activity: 70
Merit: 10
Re: Who is buying above $13? Manipulation or Market?
July 08, 2011, 08:11:29 AM
#67
Quote from: FlipPro on July 07, 2011, 09:53:57 PM
Quote from: Edward50 on July 06, 2011, 09:00:46 AM
The bitcoin has consistently demonstrated that it will go lower and continue to reach new lows. Yet, it is currently trading close to $15 dollars.

Who would be buying at these prices?

What i think is either speculators are only buying to try and sell at a small spread, so they do not care what the price is, as they will sell very short term.

Manipulators are trying to maintain price and are trying to keep the price high so that they can build confidence in bitcoin and sell the majority of their bitcoins higher?

Your average investor just thinks bitcoins are worth it, and are buying them up.

I can not see the average investor buying bitcoins at this price, knowing that it will most likely continue a downward trend, and they could also wait a few days and buy low.

So what is going on? What is causing the price to continue going higher after it has been hitting new lows? Or how I would like to put it, who is dumb enough to buy at $15 now, when it was just $11 yesterday, and will probably hit that again very shortly?


You're just so stupid.

"You're just so stupid." is a sentence used only between the same kind of people ... Because the others don't need to say it ... they just make you feel so!
Ciao.
syb3ria
newbie
Activity: 55
Merit: 0
Re: Who is buying above $13? Manipulation or Market?
July 08, 2011, 06:08:50 AM
#66
Just wait and see what will happen when really good speculators from the money markets come around...
minerops
member
Activity: 66
Merit: 10
Re: Who is buying above $13? Manipulation or Market?
July 08, 2011, 12:32:26 AM
#65
BTC made Time... i think the speculators are just getting started
FlipPro
legendary
Activity: 1764
Merit: 1015
Re: Who is buying above $13? Manipulation or Market?
July 07, 2011, 09:53:57 PM
#64
Quote from: Edward50 on July 06, 2011, 09:00:46 AM
The bitcoin has consistently demonstrated that it will go lower and continue to reach new lows. Yet, it is currently trading close to $15 dollars.

Who would be buying at these prices?

What i think is either speculators are only buying to try and sell at a small spread, so they do not care what the price is, as they will sell very short term.

Manipulators are trying to maintain price and are trying to keep the price high so that they can build confidence in bitcoin and sell the majority of their bitcoins higher?

Your average investor just thinks bitcoins are worth it, and are buying them up.

I can not see the average investor buying bitcoins at this price, knowing that it will most likely continue a downward trend, and they could also wait a few days and buy low.

So what is going on? What is causing the price to continue going higher after it has been hitting new lows? Or how I would like to put it, who is dumb enough to buy at $15 now, when it was just $11 yesterday, and will probably hit that again very shortly?


You're just so stupid.
LeonGeeste
newbie
Activity: 48
Merit: 0
Re: Who is buying above $13? Manipulation or Market?
July 07, 2011, 09:28:43 PM
#63
Quote from: billyjoeallen on July 07, 2011, 09:07:25 PM
Quote from: LeonGeeste on July 07, 2011, 08:51:48 PM

Wait, are you the "wise bubble-spooter" that tried emailing "Adam" at bitcoin.org to ask if they would implement a possibility to short BTC?
LOL. Doug Casey's technical advisor.

 Cheesy
billyjoeallen
legendary
Activity: 1106
Merit: 1007
Hide your women
Re: Who is buying above $13? Manipulation or Market?
July 07, 2011, 09:07:25 PM
#62
Quote from: LeonGeeste on July 07, 2011, 08:51:48 PM
Quote from: 5grainsilver on July 06, 2011, 11:05:46 AM
Quote from: Jack of Diamonds on July 06, 2011, 10:52:52 AM
Quote from: 5grainsilver on July 06, 2011, 10:48:22 AM
Quote from: kokjo on July 06, 2011, 09:51:01 AM
yesterday was panic selling. i did buy at 12. now its going back to normal 15+ possibly a new all time high. then im selling the ons i buyed at 12

you noob just don't understand whats panic, and whats is normal. Cheesy

15$ is normal?  Since last week?  Yesterday?  1$ was normal not too long ahhgo.  Normal is defined by how many more suckers are willing to buy in to this pyramid.  This thing fluctuates 20% like its nothing.  Bitcoin could go to .50 tomorrow.

So why are you here?
Or is this another jealous unemployed bum who is mad he didn't buy coins when they were 0.02 a piece

As an active trader in real markets I am finding this a great way to view the thought process of the losing trader and bubble sucker.  I've never seen it presented so clearly before.

I wish there was a real options market on this.  I would put most of my money into long term puts right now. 

I have no motives or money on this,  just bored at work and this is very entertaining.


Wait, are you the "wise bubble-spooter" that tried emailing "Adam" at bitcoin.org to ask if they would implement a possibility to short BTC?
LOL. Doug Casey's technical advisor.
LeonGeeste
newbie
Activity: 48
Merit: 0
Re: Who is buying above $13? Manipulation or Market?
July 07, 2011, 08:51:48 PM
#61
Quote from: 5grainsilver on July 06, 2011, 11:05:46 AM
Quote from: Jack of Diamonds on July 06, 2011, 10:52:52 AM
Quote from: 5grainsilver on July 06, 2011, 10:48:22 AM
Quote from: kokjo on July 06, 2011, 09:51:01 AM
yesterday was panic selling. i did buy at 12. now its going back to normal 15+ possibly a new all time high. then im selling the ons i buyed at 12

you noob just don't understand whats panic, and whats is normal. Cheesy

15$ is normal?  Since last week?  Yesterday?  1$ was normal not too long ahhgo.  Normal is defined by how many more suckers are willing to buy in to this pyramid.  This thing fluctuates 20% like its nothing.  Bitcoin could go to .50 tomorrow.

So why are you here?
Or is this another jealous unemployed bum who is mad he didn't buy coins when they were 0.02 a piece

As an active trader in real markets I am finding this a great way to view the thought process of the losing trader and bubble sucker.  I've never seen it presented so clearly before.

I wish there was a real options market on this.  I would put most of my money into long term puts right now. 

I have no motives or money on this,  just bored at work and this is very entertaining.


Wait, are you the "wise bubble-spotter" that tried emailing "Adam" at bitcoin.org to ask if they would implement a possibility to short BTC?
billyjoeallen
legendary
Activity: 1106
Merit: 1007
Hide your women
Re: Who is buying above $13? Manipulation or Market?
July 07, 2011, 08:40:45 PM
#60
Quote from: MikesMechanix on July 07, 2011, 11:13:37 AM
Quote from: billyjoeallen on July 07, 2011, 02:15:57 AM
The price now is relatively unimportant. The price when I sell is very important. That won't be soon.

The price now is all there is. Anything else is belief.

Price is whatever a willing buyer and a willing seller say it is.  If you want to buy MY BTC, you have to pay more than spot. I set the price for those particular coins.

5grainsilver
member
Activity: 69
Merit: 10
Re: Who is buying above $13? Manipulation or Market?
July 07, 2011, 06:48:30 PM
#59
Quote from: kiba on July 07, 2011, 12:23:46 PM
Quote from: 5grainsilver on July 06, 2011, 11:36:32 AM
GLBSE is not a real exchange.  There is no volume.  It is not regulated by any government organization.  My expectation of receiving payout should my contract become profitable is pretty damn low.  The site owner has a link where you can donate to him lol.  That is not a professional exchange.  What are the qualifications of the person running it?  Who is running it?  Where is it based?  On the about me page it says the following:

"We Are The Market

Buy, sell, raise, lend, borrow, invest, the single market that does it all. Keep your bitcoin in one market, and instantly switch between different assets, currencies, shares, and bonds to take advantage of the largest bitcoin market.

    * Issue shares to raise capital
    * Pay dividends to shareholders
    * Put resolutions to shareholders and get their vote
    * Issue and sell bonds
    * Borrow and lend to the market
    * Make and recieve loan repayments
    * Issue futures contracts
    * Meta-trade on non listed companies (on other exchanges)
    * And trade all of the above with other traders on the market


Start Trading Now!

The exchange is currently under testing, but is being used, you may use at your own risk but be warned,you could lose your shirt ;-)"


That says nothing, except that the person running it is building this as they go and have no idea what they are doing.  

You have not been around for very long, right? Everybody know that the GLBSE exchange is based only on 100% trust, and defer to no authorities. It's not a MtGox and TradeHill that operates under the laws of its perspective nation state. It's more like silk road than your mom and pop convenience store.

I hate to be so negative on everything, but that is pretty much the perfect enviroment for scammers. 
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