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Topic: Who the hell is selling right now? - page 2. (Read 3365 times)

legendary
Activity: 1551
Merit: 1002
♠ ♥ ♣ ♦ < ♛♚&#
January 04, 2015, 12:37:56 PM
#30
All people who bought before nov´13 are taking profit and a new investor dont want loose money
sr. member
Activity: 252
Merit: 250
January 04, 2015, 12:36:30 PM
#29
i have deleted my other comment too. I lost interest in this pathetic discussion
legendary
Activity: 3598
Merit: 2386
Viva Ut Vivas
January 04, 2015, 12:19:02 PM
#28
If you noticed that the thread is surprisingly free of trolls, you are welcome.

If your post has been deleted. You are part of the problem, not the solution.

Enjoy your Federal Reserve Notes and everything they support.
newbie
Activity: 68
Merit: 0
January 04, 2015, 11:50:08 AM
#27
Who would sell so low you ask?  Maybe mark karpeles, or how about bitcointrader.biz fella, or how about hashie, or moolah, any one of them that basically stole the coins they now have I'm sire are mote than happy to cash out this low.
donator
Activity: 1736
Merit: 1014
Let's talk governance, lipstick, and pigs.
January 04, 2015, 11:41:59 AM
#26
the question, the real one is who the hell is not buying?
Normal people with families. Kids go back to school tomorrow after the holiday break.
legendary
Activity: 3248
Merit: 1070
January 04, 2015, 11:39:38 AM
#25
the question, the real one is who the hell is not buying?

why sell low ?
because buy very low ... in short time on the black hole trading view ... in the night  Cheesy

they will stop at 100 probably, there will be a strong support around that, impenetrable one
legendary
Activity: 924
Merit: 1000
January 04, 2015, 11:28:37 AM
#24
Keep in mind two things. First all companies that accept bitcoin convert it to fiat right away which means selling. Second ltcgear used to buy bitcoin and A LOT of it since they mined ltc and right now its not due to complicated factors.
legendary
Activity: 1610
Merit: 1183
January 04, 2015, 11:18:00 AM
#23
Everyone is selling... Who isn't selling right now is a better question  Roll Eyes
I saw you posting the other day about how it was time for you to buy.
Chickening out already?
hero member
Activity: 770
Merit: 500
January 04, 2015, 11:16:51 AM
#22
Everyone is selling... Who isn't selling right now is a better question  Roll Eyes
me I use it for currency. I don't need to spend it right now so I'm not nor am I selling it.
donator
Activity: 1736
Merit: 1014
Let's talk governance, lipstick, and pigs.
January 04, 2015, 10:57:06 AM
#21
Massive mining farms having to pay off their fiat loans, at an ever dropping conversion rate. Bitcoin started dying the day mining became centralized.
Yeah, so they wait until a holiday weekend when nobody is buying to sell. Seems legit.
They're probably pretty bewildered that their 100 million dollar farm is worth 1/5 that, one year later.

 I love cryptocurrency and the idea of a truly free market economy, however, Bitcoin is too far marred to save at this point. Most coins are not in the hands of people who would support the healthy use of them.
Well, they are as cheap now as they've been in over a year. No excuses for not having an order in at the rate you can afford. Or maybe you want some cheap Apple stock too.
hero member
Activity: 770
Merit: 500
January 04, 2015, 10:47:10 AM
#20
people who see this as a currency and not some esoteric investment to never touch.
donator
Activity: 1736
Merit: 1014
Let's talk governance, lipstick, and pigs.
January 04, 2015, 10:44:36 AM
#19
Massive mining farms having to pay off their fiat loans, at an ever dropping conversion rate. Bitcoin started dying the day mining became centralized.
Yeah, so they wait until a holiday weekend when nobody is buying to sell. Seems legit.
hero member
Activity: 924
Merit: 509
January 04, 2015, 10:13:32 AM
#18
I love how anyone selling bitcoin is considered a "weak hand".

Maybe sellers are just smart enough to know not to hold something that has been consistently losing value for over a year?

If we have a rally, there's plenty of time to jump on board. Why expose yourself to risk when you can just sit back, short, and accumulate fiat?
Because in a panic rally, you can't log in to any exchanges.

Has nothing really changed since 2013?

I'm confident that at least one (if not all 3, in reality) of OKCoin, 796, or BitVC will be online during a huge rally. That's all you need to get a significant position, even if the average user only keeps a small amount of fiat or cryptocurrencies on exchanges.
legendary
Activity: 1512
Merit: 1012
January 04, 2015, 10:12:29 AM
#17
why sell low ?
because buy very low ... in short time on the black hole trading view ... in the night  Cheesy
legendary
Activity: 1330
Merit: 1000
January 04, 2015, 10:11:14 AM
#16

Miners to pay for expenses, we need the overall trend line growth to kick in before the bear market stops.
full member
Activity: 238
Merit: 100
January 04, 2015, 10:09:50 AM
#15
I'm selling right now, but that's part of my business.

Most others traders are also, however for a fair premium +15% over market.

I can tell you, there's certainly no shortage of clients wanting to buy right now (Have brokered over 60BTC in the past 30Hrs alone).

Understand their position as they think it is cheap right now. And I, in my opinion agree that the "floor" is in this current range. But let them know, the price could go even lower, so buy at own risk.

I believe a significant rebound is highly probably over next 24-30Hrs due to fiat banking money transmission times.

The rest of this week is going to be very interesting  Tongue    
donator
Activity: 1736
Merit: 1014
Let's talk governance, lipstick, and pigs.
January 04, 2015, 10:07:30 AM
#14
I love how anyone selling bitcoin is considered a "weak hand".

Maybe sellers are just smart enough to know not to hold something that has been consistently losing value for over a year?

If we have a rally, there's plenty of time to jump on board. Why expose yourself to risk when you can just sit back, short, and accumulate fiat?
Because in a panic rally, you can't log in to any exchanges.
sr. member
Activity: 364
Merit: 250
January 04, 2015, 10:01:26 AM
#13
Panic sells... or bots... who the hell knows?  Wink
legendary
Activity: 2268
Merit: 1278
January 04, 2015, 10:01:05 AM
#12
Hardcore manipulation.

I'm stuck in a dump in a foreign country as I write this. Been here 2 days longer than I planned to, and may have to stay longer, because the banking system is SLOW.

Money was in my account by friday. The local ATMs don't know about this yet, so I can't get my money until at least tomorrow if not the day after. VISA doesn't know about it so I can't even buy a ticket out of here. Had to go to a moneychanger to change some fiat to the local variety at a 31% cut. Additionally, even if VISA worked I could not use my plastic card because it wants phone verification, and my phone was stolen.

If bitcoin could be used as payment none of this would be a problem. The current mainstream payment systems are ridiculously clunky, slow, and expensive. Bitcoin as a mainstream form of payment would greatly simplify things for anyone who travels even a little bit or deals in money transactions in general. There is no question that this technology is better than anything we currently have. All that's needed is for more people to be aware of this.

There will come a time where a critical mass of people will wake up and the price will skyrocket. In a year, two years, ten. This is what the big hands are waiting for, this is why they are pushing the price down, so that they can accumulate more for cheaper off the markets. Patience.
legendary
Activity: 1652
Merit: 1057
bigtimespaghetti.com
January 04, 2015, 10:00:40 AM
#11
- weak hands
- short term speculators
- bots
- trend followers
- margin calls

True. + Panic sales.

Yes, panic is in the air. Bitcoin has been a crash course in volatility for many including myself.
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