Bitcoin Forum

Economy => Speculation => Topic started by: wobber on February 07, 2014, 08:26:52 AM



Title: Up from here?
Post by: wobber on February 07, 2014, 08:26:52 AM
Of course not! Sub 300s!


Title: Re: Up from here?
Post by: chrism1 on February 07, 2014, 08:28:17 AM
DOWN DOWN DOWN $150 MAX


Title: Re: Up from here?
Post by: wordofmouth on February 07, 2014, 08:29:15 AM
haha you got me on your trap  ;) but im glad i do not care that much about price fluctuation, if it goes up i HODL, if it goes down any further I buy buy buy  ;D


Title: Re: Up from here?
Post by: wobber on February 08, 2014, 12:02:22 AM
Again, there's no up today! Please don't hope.


Title: Re: Up from here?
Post by: Dalmar on February 08, 2014, 12:08:44 AM
Listen to that guy who put 4 million dollars on bitcoin hitting 400-500.


Title: Re: Up from here?
Post by: Dragonkiller on February 08, 2014, 12:36:13 AM
Listen to that guy who put 4 million dollars on bitcoin hitting 400-500.

if you're talking about the put order on apex.co, it's actually an $8m bet on the price to rise as someone has explained on the thread.


Title: Re: Up from here?
Post by: Dalmar on February 08, 2014, 12:44:52 AM
if you're talking about the put order on apex.co, it's actually an $8m bet on the price to rise as someone has explained on the thread.

Oh ok.


Title: Re: Up from here?
Post by: wobber on February 11, 2014, 09:24:04 PM
Anyone still thinking we will go UP UP UP??

LOL.


Title: Re: Up from here?
Post by: fonzie on February 11, 2014, 09:24:18 PM
To the mooooon.


Title: Re: Up from here?
Post by: Tzupy on February 11, 2014, 09:30:15 PM
Actually, after the market will hit a local bottom (maybe it already did, maybe not, I'm not sure), the market should experience
a rebound similar to the one in 2013, between 4th May (80$) and 27th May (136$), after which it should go down again, and again, and again.
But the looming problem of the mutated transactions and BTC withdrawals suspended may distort the 'normal' EW behavior.


Title: Re: Up from here?
Post by: podyx on February 11, 2014, 11:02:39 PM
Anyone still thinking we will go UP UP UP??

LOL.

anyone still thinking we getting sub $300 coins??

 LOL


Title: Re: Up from here?
Post by: Hfertig on February 11, 2014, 11:26:44 PM
Anyone still thinking we will go UP UP UP??

LOL.

anyone still thinking we getting sub $300 coins??

 LOL

maybe not this week or this month, but I believe there will be sub $300 coins again. We just had them yesterday. I believe going sub $200 is more likely than breaking $1200 during 2014.
News are not good. Too many people still too bullish, with massive paper profits. I think this cries out for another capitulation event



Title: Re: Up from here?
Post by: fallinglantern on February 11, 2014, 11:56:36 PM
maybe not this week or this month, but I believe there will be sub $300 coins again. We just had them yesterday. I believe going sub $200 is more likely than breaking $1200 during 2014.
News are not good. Too many people still too bullish, with massive paper profits. I think this cries out for another capitulation event

Quoted for posterity. I see we're approaching despair.


Title: Re: Up from here?
Post by: Tzupy on February 12, 2014, 12:04:11 AM
maybe not this week or this month, but I believe there will be sub $300 coins again. We just had them yesterday. I believe going sub $200 is more likely than breaking $1200 during 2014.
News are not good. Too many people still too bullish, with massive paper profits. I think this cries out for another capitulation event

Quoted for posterity. I see we're approaching despair.

No, we are months away from despair. Well, unless the market collapses with huge volume, but that seems unlikely right now.
IMO the current stage is greed turning into fear. But the fear is mostly due to the malleability attack, not to normal market movements.


Title: Re: Up from here?
Post by: Tzupy on February 17, 2014, 02:10:30 PM
maybe not this week or this month, but I believe there will be sub $300 coins again. We just had them yesterday. I believe going sub $200 is more likely than breaking $1200 during 2014.
News are not good. Too many people still too bullish, with massive paper profits. I think this cries out for another capitulation event

Quoted for posterity. I see we're approaching despair.

No, we are months away from despair. Well, unless the market collapses with huge volume, but that seems unlikely right now.
IMO the current stage is greed turning into fear. But the fear is mostly due to the malleability attack, not to normal market movements.

Let's see how this turned out...
There was some despair, and I expected despair only during the last stage of wave C. Forgive me KARHU, for I have sinned!  ;D
I wasn't bearish enough. What happened on MtGox was close enough to a market collapse. And greed turned into irrational fear.
For MtGox, this was the worst crash in Bitcoin history (large price drop during one sub-wave), worse than the 2011 drop from 31$ to 10$.
From 1093$ to 220$, that's an almost 80% drop. Absolutely crazy... 'Normal' behavior for MtGox after such a crash is a strong rebound,
but it seems the market is waiting for more than a neutral press release to regain some confidence.