Quote from: ruski on April 11, 2013, 08:40:08 AM

Quote from: PachucoBro on April 11, 2013, 02:44:47 AM

I say it plumeting and happened to grab ahold of someone's laptop in the lobby for 5 minutes to place a Market order at around $190.

later in the afternoon I see that GOX took me out at $106.... REALLY?!

Panic sellers, you have seen the enemy, and he is you.

Point at this guy. POINT AT THIS GUY AND LAUGH.

Quote

Market order
$190

Way to take things out of context... the rest of my story was that I was onsite at a customer's location and could not sit there and monitor my BTC. Therefore I had to get out and I had 5 minutes of using a stranger's laptop to make that choice. It was a good choice. Especially, at this moment when the price is down to $115 again.

There is nothing wrong with making a Market Sell. There was no 'Panic' in the sell, there was a decision made that... yup, it's gonna go lower. I can't sit here and adjust sell orders or wait for bounces. I need to get out and get back to work.

Also, the rest of my story shows how I got about 90% of my losses back after I got off work trading the bounces... and now with the prices where they are at.... I am at a loss again and it wasn't a 'Panic Sell'.

Wow some people want to call everyone a Panic Seller just because they feel the price is going to go down and want out.