Bitcoin Forum

Economy => Speculation => Topic started by: smurf2094 on May 01, 2013, 10:22:58 PM



Title: I speculate it'll go down.. But why?
Post by: smurf2094 on May 01, 2013, 10:22:58 PM
I think it'll go down because well it just killed that $120 wall...

But it's just blowing my mind as to why it would.. Yea sure SR had a little to do with it, but the people on SR who wanted out are well out now.

What do you think?


Title: Re: I speculate it'll go down.. But why?
Post by: underground_ on May 01, 2013, 10:25:48 PM
The ones buying on the dips are just dumping them once the price moves up a bit. It's hard to have confidence in something when it crashed by 80% less than a month ago.


Title: Re: I speculate it'll go down.. But why?
Post by: Frozenlock on May 01, 2013, 10:26:27 PM
You shouldn't try to find a reason (for short term at least).

Most market analysts find an excuse after the fact; "It dropped because <bogus reason>"

The market does what it wants, when it wants.


Title: Re: I speculate it'll go down.. But why?
Post by: smurf2094 on May 01, 2013, 10:28:14 PM

The market does what it wants, when it wants.

And that right there does not make sense.. You may be right, but still, don't make sense considering we the people choose what happens with the market


Title: Re: I speculate it'll go down.. But why?
Post by: evolve on May 01, 2013, 10:28:59 PM
The price never really recovered from the drop to $50 and the chances of seeing anywhere near the ATH in the near future grows smaller by the day. Investor confidence is shook and people are getting out while they can.


Title: Re: I speculate it'll go down.. But why?
Post by: Spekulatius on May 01, 2013, 10:33:33 PM
The price never really recovered from the drop to $50 and the chances of seeing anywhere near the ATH in the near future grows smaller by the day. Investor confidence is shook and people are getting out while they can.

proudhon, is that you?


Title: Re: I speculate it'll go down.. But why?
Post by: BitcoinAshley on May 01, 2013, 10:41:37 PM
The price never really recovered from the drop to $50 and the chances of seeing anywhere near the ATH in the near future grows smaller by the day. Investor confidence is shook and people are getting out while they can.


Yeah, guys, Bitcoin is doomed in the near term, invest all your savings in Fiat, which has a track record spanning over a century of (a) losing over 90% of its value, and (b) lining the pockets of press operator & friends.

(Hey, at least it's "stable," right? At least we KNOW it's going down; in fact, it's guaranteed by its very fundamentals.  8))

 ;D ;D ;D


Title: Re: I speculate it'll go down.. But why?
Post by: evolve on May 01, 2013, 10:45:03 PM
The price never really recovered from the drop to $50 and the chances of seeing anywhere near the ATH in the near future grows smaller by the day. Investor confidence is shook and people are getting out while they can.


Yeah, guys, Bitcoin is doomed, invest all your savings in Fiat, which has a track record spanning over a century of (a) losing over 98% of its value, and (b) lining the pockets of manipulators.

(Hey, at least it's "stable," right? At least we KNOW it's going down.)

 ;D ;D ;D

What are you talking about?  No one said anything even remotely close to that.


Title: Re: I speculate it'll go down.. But why?
Post by: smurf2094 on May 01, 2013, 10:53:44 PM
The price never really recovered from the drop to $50 and the chances of seeing anywhere near the ATH in the near future grows smaller by the day. Investor confidence is shook and people are getting out while they can.
http://www.wildanimalfightclub.com/Portals/41405/images//grizzly.jpg

hay


Title: Re: I speculate it'll go down.. But why?
Post by: evolve on May 01, 2013, 11:03:21 PM
I think it'll go down because well it just killed that $120 wall...

Definition of 'Bear'
An investor who believes that a particular security or market is headed downward.
http://www.investopedia.com/terms/b/bear.asp


Look in the mirror buddy.  ;)


Title: Re: I speculate it'll go down.. But why?
Post by: smurf2094 on May 02, 2013, 12:48:49 AM
I think it'll go down because well it just killed that $120 wall...

Definition of 'Bear'
An investor who believes that a particular security or market is headed downward.
http://www.investopedia.com/terms/b/bear.asp


Look in the mirror buddy.  ;)
I'm kinda like bull/bear. Sometimes I feel it'll go up, or down. I guess I'm a bear right now, but I just know you around the forum that you're basically a full time bear haha if that makes sense


Title: Re: I speculate it'll go down.. But why?
Post by: evolve on May 02, 2013, 01:07:00 AM
you're basically a full time bear

Nah, just since the price hit the high $20's or so (which was only about 4 months ago).


Title: Re: I speculate it'll go down.. But why?
Post by: smurf2094 on May 02, 2013, 01:49:56 AM
you're basically a full time bear

Nah, just since the price hit the high $20's or so (which was only about 4 months ago).
Ah okay. Is there any way to get notified when someone quotes me?