Post
Topic
Board Economics
Re: Who is buying above $13? Manipulation or Market?
by
billyjoeallen
on 06/07/2011, 18:39:09 UTC
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.


Go to campbx.com and buy your puts, Pilgrim. Put your money where your mouth is. You can short on margin, even. Do it. I dare you. Otherwise, you are just flapping your labia.


OK I checked this site out too.  It looks even worse than the other exchange.  The front page has text misplaced.  It looks worse than a website I could have made with a wysiwyg editor.  It answers none of the important questions an exchange needs to answer.  Links don't work.  If the frontend is so unprofessional, why would anyone trust the backend or financial security of the exchange?  

On a similiar note to my last post, I acknowledge that bitcoin could probably survive government intervention.  The problem is that exchanges could not.  And service offering a way to turn bitcoins into dollars would be really easy to shut down.  That would make bitcoins unusable for most economic activity.  
You're not foolin' anybody with that excuse. No exchange is perfect and no investment is risk-free. Unless you have skin in the game, nobody cares what you think. You're just another Mr. McGoo yelling at his TV set. You risk nothing. You are insignificant.
Prove me wrong. PM me and I will even rent you my own coin to short-sell, but I'll need collateral because I think you're gutless and full of shit.