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Title: Was the big spike a sign of the bull or bear? Post by: bittenbob on January 10, 2012, 07:14:02 AM With that quick rally to 6.89 seemingly out of nowhere does this signal a reversal to the current bullish trend or is it a sign of further correction?
Personally I think it is a sign when I wake up tomorrow we will see $7 bitcoin again. Title: Re: Was the big spike a sign of the bull or bear? Post by: notme on January 10, 2012, 07:15:02 AM With that quick rally to 6.89 seemingly out of nowhere does this signal a reversal to the current bullish trend or is it a sign of further correction? Personally I think it is a sign when I wake up tomorrow we will see $7 bitcoin again. We might not have to wait that long... Title: Re: Was the big spike a sign of the bull or bear? Post by: the joint on January 10, 2012, 07:31:16 AM I bought.
Title: Re: Was the big spike a sign of the bull or bear? Post by: Vandroiy on January 10, 2012, 01:12:17 PM Sometimes I wonder whether you guys are aware that someone who is able to clearly answer such a question will most likely be trading the moment hi figured it out.
Also, public opinion does not suffice to put price wherever people want it. The farther it is from the non-speculative equilibrium point, the stronger forces will be that go against the opinion. The spikes are man-made. Most likely, these people don't know themselves, so they won't be able to encode magic information into them, unless they secretly know and just don't admit it to themselves or something. I find that unlikely. Title: Re: Was the big spike a sign of the bull or bear? Post by: cypherdoc on January 10, 2012, 04:44:17 PM Fear is melting in the general markets. It's time to invest in something you believe in:
https://i.imgur.com/2kpmW.png Title: Re: Was the big spike a sign of the bull or bear? Post by: naima53 on January 10, 2012, 04:47:03 PM Quote It's time to invest in something you believe in: THISTitle: Re: Was the big spike a sign of the bull or bear? Post by: Gabi on January 10, 2012, 06:11:53 PM Just don't start opening thread when it reach 30$ with "bawwhhh early adopters were able to buy bitcoins at 6.5$ and make huge profits bawwhhh"
Early adopters=RISK |
