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Title: You are here = = = > Fear! Post by: SAQ on April 15, 2013, 11:20:17 PM http://i45.tinypic.com/2moo8sw.png It went down to 100 from more than 260 so it could be argued that we are in capitulation, but I do think $100 is too much for a bitcoin considering how uncertain it is as to whether it will be used as a currency and or it will be adopted. I don't think new money would consider buying it as its way high. Unless we get another Cyprus of course. I think we probably had a spectacular bubble from 40 to 260 in about one month! It went down sharply to 100 because it went so high in such a short period. The 75 - 120 was the bull trap in my opinion - i.e. New normal. Now that it is hovering around 70 - 80 I think fear is getting hold? Title: Re: You are here = = = > Fear! Post by: wopwop on April 15, 2013, 11:21:44 PM i sold already so no fear here
Title: Re: You are here = = = > Fear! Post by: gizmoh on April 15, 2013, 11:26:16 PM The bullies were always trolling how bitcoin cant be compared to this chart..guess all bubbles pop similarly :D
Title: Re: You are here = = = > Fear! Post by: bitcon on April 15, 2013, 11:30:49 PM http://i45.tinypic.com/2moo8sw.png It went down to 100 from more than 260 so it could be argued that we are in capitulation, but I do think $100 is too much for a bitcoin considering how uncertain it is as to whether it will be used as a currency and or it will be adopted. I don't think new money would consider buying it as its way high. Unless we get another Cyprus of course. I think we probably had a spectacular bubble from 40 to 260 in about one month! It went down sharply to 100 because it went so high in such a short period. The 75 - 120 was the bull trap in my opinion - i.e. New normal. Now that it is hovering around 70 - 80 I think fear is getting hold? says the expert with 9 posts.... Title: Re: You are here = = = > Fear! Post by: jatajuta on April 15, 2013, 11:33:17 PM Yeah right, on 2011 everyone show this stupid chart and look at the prices now... Title: Re: You are here = = = > Fear! Post by: ElectricMucus on April 15, 2013, 11:35:11 PM Yeah right, on 2011 everyone show this stupid chart and look at the prices now... http://bitcoincharts.com/charts/chart.png?width=940&m=mtgoxUSD&SubmitButton=Draw&r=&i=&c=0&s=&e=&Prev=&Next=&t=T&b=&a1=&m1=10&a2=&m2=25&x=0&i1=&i2=&i3=&i4=&v=0&cv=0&ps=0&l=0&p=0& yeah look at them! Title: Re: You are here = = = > Fear! Post by: Bitmeat on April 15, 2013, 11:36:09 PM The bullies were always trolling how bitcoin cant be compared to this chart..guess all bubbles pop similarly :D All bubbles pop differently, there can be multiple bear traps, bubbles within bubbles, etc. Markets are like Schrödinger's cat, if you observe them they will change state and not behave how you predicted. I own 0.10 bitcoin and have never sold any, so I'm just watching interestedly. Title: Re: You are here = = = > Fear! Post by: Maged on April 15, 2013, 11:39:59 PM says the expert with 9 posts.... The analysis is pretty accurate.Title: Re: You are here = = = > Fear! Post by: wopwop on April 15, 2013, 11:41:08 PM ppl starting to hate eachother on this board more and more as price goes down...
Title: Re: You are here = = = > Fear! Post by: ElectricMucus on April 15, 2013, 11:42:54 PM ppl starting to hate eachother on this board more and more as price goes down... FUCK YOU, GOT MINE! ;) Title: Re: You are here = = = > Fear! Post by: jatajuta on April 15, 2013, 11:44:46 PM Yeah right, on 2011 everyone show this stupid chart and look at the prices now... http://bitcoincharts.com/charts/chart.png?width=940&m=mtgoxUSD&SubmitButton=Draw&r=&i=&c=0&s=&e=&Prev=&Next=&t=T&b=&a1=&m1=10&a2=&m2=25&x=0&i1=&i2=&i3=&i4=&v=0&cv=0&ps=0&l=0&p=0& yeah look at them! Sorry dude, that's the correct scale. And btw Im all fiat now but I do see a bullish trend for the long term. $30 is the new $2 now. http://s23.postimg.org/4r3tqixuz/Untitled.png Title: Re: You are here = = = > Fear! Post by: wopwop on April 15, 2013, 11:46:14 PM Yeah right, on 2011 everyone show this stupid chart and look at the prices now... http://bitcoincharts.com/charts/chart.png?width=940&m=mtgoxUSD&SubmitButton=Draw&r=&i=&c=0&s=&e=&Prev=&Next=&t=T&b=&a1=&m1=10&a2=&m2=25&x=0&i1=&i2=&i3=&i4=&v=0&cv=0&ps=0&l=0&p=0& yeah look at them! Sorry dude, that's the correct scale. And btw Im all fiat now but I do see a bullish trend for the long term. $30 is the new $2 now. http://s23.postimg.org/4r3tqixuz/Untitled.png Title: Re: You are here = = = > Fear! Post by: ElectricMucus on April 15, 2013, 11:46:51 PM Yeah right, on 2011 everyone show this stupid chart and look at the prices now... http://bitcoincharts.com/charts/chart.png?width=940&m=mtgoxUSD&SubmitButton=Draw&r=&i=&c=0&s=&e=&Prev=&Next=&t=T&b=&a1=&m1=10&a2=&m2=25&x=0&i1=&i2=&i3=&i4=&v=0&cv=0&ps=0&l=0&p=0& yeah look at them! Sorry dude, that's the correct scale. And btw Im all fiat now but I do see a bullish trend for the long term. $30 is the new $2 now. http://s23.postimg.org/4r3tqixuz/Untitled.png I did make the same thing back in 11 when I was a noob. Just make that line a bit more vertical and you've got it. |
