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Topic: zOMG SellOff! (Read 3885 times)

donator
Activity: 2772
Merit: 1019
May 05, 2013, 04:46:38 AM
#32
15K BTC sold from ~$5.14 to ~$4.99.

As I'm posting, the spread is so big that it actually bounced back up to $5.14 afterwards.

zOMG guys we moved a whole 15 cents!  Cheesy Cheesy Cheesy

actually 15 cents was 3% back then. Equivalent would be 3$ at todays prices.
legendary
Activity: 2492
Merit: 1491
LEALANA Bitcoin Grim Reaper
May 04, 2013, 09:53:46 AM
#31
15K BTC sold from ~$5.14 to ~$4.99.

As I'm posting, the spread is so big that it actually bounced back up to $5.14 afterwards.

zOMG guys we moved a whole 15 cents!  Cheesy Cheesy Cheesy
hero member
Activity: 784
Merit: 1000
Annuit cœptis humanae libertas
May 04, 2013, 08:57:02 AM
#30
in 6 months, 1000? Impossible!

Well that said that only puts a market cap of 11 billion on bitcoin.

I'm quite conservative so I'll allow 18 months for mBTC-dollar parity. Smiley
hero member
Activity: 504
Merit: 500
May 04, 2013, 08:50:13 AM
#29
Funny to see how people would make a big deal about that volume Tongue This is just an hourly occurrence now haha.
donator
Activity: 2772
Merit: 1019
May 04, 2013, 04:11:17 AM
#28
15K BTC sold from ~$5.14 to ~$4.99.


By a strange coincidence, 15K BTC bought at exactly the same time!!  It's almost like there's a conservation principle!?

So waiting 1 year would have given you 1,350,000$ more - or 3,915,000$ with really good timing.

Makes you think about daytrading, doesn't it?

yeah, well actually for me it looks like it's going to be "screw daytrading". You have to do it right (which takes a lot of devotion) to beat the simple "hold" strategy. "Hold" requires no devotion or time which is then free for other things.
sr. member
Activity: 353
Merit: 250
May 03, 2013, 05:35:40 PM
#27
15K BTC sold from ~$5.14 to ~$4.99.


By a strange coincidence, 15K BTC bought at exactly the same time!!  It's almost like there's a conservation principle!?

So waiting 1 year would have given you 1,350,000$ more - or 3,915,000$ with really good timing.

Makes you think about daytrading, doesn't it?
newbie
Activity: 11
Merit: 0
May 03, 2013, 05:25:52 PM
#26
15K BTC sold from ~$5.14 to ~$4.99.


By a strange coincidence, 15K BTC bought at exactly the same time!!  It's almost like there's a conservation principle!?
420
hero member
Activity: 756
Merit: 500
May 03, 2013, 04:10:12 PM
#25
tug tug on molecular ego
legendary
Activity: 2212
Merit: 1008
May 03, 2013, 03:55:54 PM
#24
why didnt you resurrect this post when the price was at $260 instead?
SAQ
newbie
Activity: 56
Merit: 0
May 03, 2013, 03:51:41 PM
#23
in 6 months, 1000? Impossible!

Well that said that only puts a market cap of 11 billion on bitcoin.
donator
Activity: 2772
Merit: 1019
May 03, 2013, 03:28:24 PM
#22
it's been half a year since this post:

hardly been half a year since then. bitcoin is so bullish

let's see if we can manage to necro this thread once again in 6 months Wink

we'll insult each other for a bit and then affirm that the market has been amazingly bullish.

we should do this twice a year, I think.

so hey smoothie you fucktwit, hasn't the market been amazingly bullish?

15K BTC sold from ~$5.14 to ~$4.99.

As I'm posting, the spread is so big that it actually bounced back up to $5.14 afterwards.

LOL wow a whole 15 cent spread.

hahahahaha this is funny in hind sight.

wtf, smoothie? necroposting like that is pretty low, dude. Noone notice you any more? Maybe your ignore-score is the problem.

apart from that: you have a very good point: in bitcoin, as in any other bull market, the best strategy is to hold you position on the way up.

So in the 6 months from April 2012 to November 2012 bitcoin went from $5 to $10 (+100%) and we freaked out about it. From November 2012 to Mai 2013 it went from $10 to $90 (+900%).

I'd say the bolded part above was a good suggestion... the market got even more bullish while reading smoothies posts became more pleasent in general.

amazing times.
hero member
Activity: 518
Merit: 500
November 27, 2012, 12:14:29 AM
#21
And not so surprisingly, there is an almost identical thread started today! Why do people keep starting the exact same thread over and over again?

"Hey, the price moved, what could it be?"
"Nobody knows."

The only exception was one time somebody posted "Why did the price just plummet?"  and everybody was like "Didn't you hear, Pirate just shut down his ponzi scheme."
hero member
Activity: 686
Merit: 500
Shame on everything; regret nothing.
November 26, 2012, 11:28:23 PM
#20
hardly been half a year since then. bitcoin is so bullish

let's see if we can manage to necro this thread once again in 6 months Wink

we'll insult each other for a bit and then affirm that the market has been amazingly bullish.

we should do this twice a year, I think.

^ excellent idea... www.bitcointraditions.com ? or something similar.  unless its already been done.
donator
Activity: 2772
Merit: 1019
November 25, 2012, 04:01:40 PM
#19
hardly been half a year since then. bitcoin is so bullish

let's see if we can manage to necro this thread once again in 6 months Wink

we'll insult each other for a bit and then affirm that the market has been amazingly bullish.

we should do this twice a year, I think.
420
hero member
Activity: 756
Merit: 500
November 25, 2012, 02:18:55 PM
#18
hardly been half a year since then. bitcoin is so bullish
hero member
Activity: 518
Merit: 500
November 25, 2012, 02:13:57 PM
#17
As much as everyone in this thread is trolling each other, it really is interesting to be reminded how things have changed since OP.
420
hero member
Activity: 756
Merit: 500
November 25, 2012, 02:08:19 PM
#16
Remember next time to call me before you necro a thread please
legendary
Activity: 2492
Merit: 1491
LEALANA Bitcoin Grim Reaper
November 24, 2012, 05:15:38 PM
#15
15K BTC sold from ~$5.14 to ~$4.99.

As I'm posting, the spread is so big that it actually bounced back up to $5.14 afterwards.

LOL wow a whole 15 cent spread.

hahahahaha this is funny in hind sight.

wtf, smoothie? necroposting like that is pretty low, dude. Noone notice you any more? Maybe your ignore-score is the problem.



Aww you need some attention? ...seeing that you have a molecular penis? Lol

Get out of my pants, sucker! Thanks for the attention, though. Feels gooood!

Hey buddy you need to read things within context.

Sorry bro I don't swing that way. I'm sure you would like that but it aint happening.

 Cheesy Cheesy Cheesy
hero member
Activity: 532
Merit: 500
November 24, 2012, 04:27:43 PM
#14
OMG HAX
donator
Activity: 2772
Merit: 1019
November 24, 2012, 04:41:47 AM
#13
15K BTC sold from ~$5.14 to ~$4.99.

As I'm posting, the spread is so big that it actually bounced back up to $5.14 afterwards.

LOL wow a whole 15 cent spread.

hahahahaha this is funny in hind sight.

wtf, smoothie? necroposting like that is pretty low, dude. Noone notice you any more? Maybe your ignore-score is the problem.



Aww you need some attention? ...seeing that you have a molecular penis? Lol

Get out of my pants, sucker! Thanks for the attention, though. Feels gooood!
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