Bitcoin Forum

Economy => Speculation => Topic started by: 2015Bubble on December 21, 2015, 01:27:58 AM



Title: Beartrap it like its hot.
Post by: 2015Bubble on December 21, 2015, 01:27:58 AM
Bulls are creating a bear trap so the few bears left will get burned so there are no more bears left in the field.
See you all at 550
kpeaceoutbi


Title: Re: Beartrap it like its hot.
Post by: RyNinDaCleM on December 21, 2015, 01:38:28 AM
Bulls are creating a bear trap so the few bears left will get burned so there are no more bears left in the field.
See you all at 550
kpeaceoutbi

There are always bears. All those people that have been buying for the last month, they have a price that they will turn into bears too. Don't worry, we will never run out of bears.


Title: Re: Beartrap it like its hot.
Post by: Bought on December 21, 2015, 01:40:11 AM
Bulls are creating a bear trap so the few bears left will get burned so there are no more bears left in the field.
See you all at 550
kpeaceoutbi

550 for Christmas is it possible?


Title: Re: Beartrap it like its hot.
Post by: rokkyroad on December 21, 2015, 01:49:07 AM
Quote
550 for Christmas is it possible?

Anything is possible. If it is, its taking the long way around.


Title: Re: Beartrap it like its hot.
Post by: oblomov on December 21, 2015, 04:18:25 AM
Not to be a downer, but I sense a bit too much bullish sentiment here and on other discussion forums.

When expectations get too lofty, and everyone is long, a correction is needed to shake out the weak holders and provide a base for the next leg upward.

On the other hand, this isn't much of a correction yet, accounting for BTC historical volatility.


Title: Re: Beartrap it like its hot.
Post by: The Sceptical Chymist on December 21, 2015, 05:29:41 AM
Not to be a downer, but I sense a bit too much bullish sentiment here and on other discussion forums.

When expectations get too lofty, and everyone is long, a correction is needed to shake out the weak holders and provide a base for the next leg upward.

On the other hand, this isn't much of a correction yet, accounting for BTC historical volatility.
Yeah, this forum isn't for the skeptics of bitcoin, it's definitely for the bulls. 

As to the other poster here, I don't think we're going to see $500 by christmas, much less $550.  Hopefully by early next year, though.