Author

Topic: Why do people speculate a raise today?? (Read 506 times)

newbie
Activity: 20
Merit: 0
April 29, 2013, 12:18:11 PM
#3
Cyprus pulled the trigger on some bank account holders today keeping initially 90% of their funds.  That could increase bitcoin value.
newbie
Activity: 17
Merit: 0
April 29, 2013, 11:57:57 AM
#2
Oh and, if the price is at 110 euro, and i sell 400 BTC right away, howmuch will the price drop? Or is it relevant.

And another question: on the BITCOINITY.ORG char you see updates in the format -X.XX -X minutes ago - BTC PRICE - Green/Red arrow (up/down)

The first cypher (for example 4.02) with a green arrow. Does that mean that 4.02 btc got bought? And for example 1.72 with a red down arrow, does that mean 1.72 btc got sold, with the matching 'new market price' before the arrow?

In other words, if i sell 400btc on Gox, then will it appear on there in the format "400.00 1 minute ago 100.00 *red arrow down* meaning that my sell-off brought the price down to 100.00 euro? So then i know howmuch my sell-off brought down the price .. ?

ThQ
newbie
Activity: 17
Merit: 0
April 29, 2013, 11:50:42 AM
#1
In the speculation section someone said 'big raise today' what do you mean by that? Why?

Why i think will probably rather crash today: BTC-24 customers will have their btc back soon and a lot of them will sell out of paranoia, leading to a big crash? Any idea howmany BTC we are talking about, and how hard will that impact the crash, 10%-30%, more ?

Or possibly (just like me with almost 400 btc that i got back from BTC-24.com [[Thanks Simon for not scamming us down after all!]]) they will hold onto their bitcoins untill they raise somewhat and THEN sell

Me personally i think most people in this game are a bunch of pussies. I had a lot of BTC when the price was at 203 EUR/BTC (bought for 80 each) and then i didn't do anything when it crashed to below 100, and below 50 euro. I kept on strongly to them. I call to everyone who panic sells during a major MtGox lag or a slight crash a PUSSY, a damn PUSSY that shouldn't be on this world.. That aside...

What i'm going to do is HOLD my 400 bitcoins and keep an eye on bitcoinity.org charts every few minutes. I will sell quickly if i feel the 'bitcoin-24.com sell crash' is coming, so i can buy back in at low.


What do you guys think?

PS: Again, to everyone who panic sells: BUNCH OF PUSSIES. YOU DESERVE A SMACK IN YOUR FACE YOU PUSSY! Because of your lack of balls you contribute to huge swings in the BTC market that leads to instability, which leads to LOSS OF TRUST for the general mass (not for me, because im a man with balls, but the general Cyprus/loss of trust in banks-population will doubt confidence in BTC if it's swinging like a crazy fuck, i mean maybe the cyprus bank holds off 30% of your savings, but its worse if you switch to BTC today and tomorrow your money is halved!), which finally contributes to bitcoin being less popular and less worth. Again, all the guys that sell their bitcoins because they are pussy, i want to smack your face a few times!  .... /anger outburst done.


 Smiley
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