Bitcoin Forum

As of a lack of X is the new Y threads, I give you.

I don't see any particular reason of why the bear market should end, There is still profit taking to be done people.
See you below 50.

Few whales and Adamsgtbit said so. It should be true.

Adam switches camps too early historically.

As for the whales, well they need keep the bids nice and healthy in order to survive.
I'd say let the gox issue play itself out and see a high volume move then we can talk about market reversal.

Arguably 101 is the new 135 as that is what bitstamp peaked at, anyone actually taking profit now has to get it at bitstamp.

"the bear market" is such a sweeping statement, it is almost useless. almost.

ever since the bubble popped, the downward momentum was substantially greater than the upward momentum, if looked at from a sufficiently removed perspective. But I will also say that this pretty much changed since early to mid-July, when the current trend that brought us to 110 began. Again, from a sufficiently removed perspective, it looks different to me than the previous post-bubble periods.

So maybe it's a bear market after all. But one that we could break out of around this time. Or not. we'll see, I guess.

I'll say that much: if we fall below 100 in the next couple of days and stay there, somewhere a bit closer to 90 than 100, I agree with you. The bear is still going strong. If we stabilize around where we are now, I'd say it's pretty much an open question again.

100 is the new 1000

Agreed.
I'm desperate to find any bears else here last days. But I found you, my friend!  ;)

It was an epic bull trap.

http://www.macrobusiness.com.au/wp-content/uploads/2013/01/blltrpa.png

like i said before- the bears are hibernating now  till next year

edit: except EM - he's not an actual bear and he has nothing else to do

Whx do xou think that?, if anxthing i see an upward trend coming while goy's still facing withdrawal problems.

The biggest rallies are in bear markets.

I already gave you the reason, profit taking. Whatever the rate mtgox is allowing to flow out it's gonna be maxed out by the FUD alone as long as the majority is still in the plus. At the same time, the longer it lasts the less money gonna flow in. Speculators wouldn't use gox since they don't know if they can get their profits out and investors (those who would withdraw their Bitcoins) are flocking to other exchanges because of cheaper prices.

xes maxbe