Bitcoin Forum

Economy => Speculation => Topic started by: Elwar on May 15, 2014, 10:24:42 AM



Title: Your bear market is broken
Post by: Elwar on May 15, 2014, 10:24:42 AM
Bear trend has been punctured. It is leaking bull market.


Title: Re: Your bear market is broken
Post by: Hunyadi on May 15, 2014, 10:31:55 AM
http://cdn.trendhunterstatic.com/thumbs/ryan-kittleson-success-kid-figurine.jpeg

It sure looks like it. Still, I expect slow linear rise until the next bubble emerges.


Title: Re: Your bear market is broken
Post by: Elwar on May 15, 2014, 10:35:37 AM
It sure looks like it. Still, I expect slow linear rise until the next bubble emerges.

I agree, a slow rise is fine...there is no huge news to support rapid adoption.

Something like the Bitcoin ETF, ebay adoption or something else unknown will send the price up quickly.


Title: Re: Your bear market is broken
Post by: Mythul on May 15, 2014, 10:59:53 AM
Yeah, CCMF. Bear market almost over ! China has exhausted all its FUD cards.


Title: Re: Your bear market is broken
Post by: UglyTroll on May 15, 2014, 11:05:14 AM
Then a whale dumps some coins, your bull market is broken too  :D


Title: Re: Your bear market is broken
Post by: TERA on May 15, 2014, 12:11:40 PM
Your volatile market is broken.


Title: Re: Your bear market is broken
Post by: JustAnotherSheep on May 15, 2014, 12:17:10 PM
Heh. The 2 bearish log trendlines (stamp) would beg to differ.

https://i.imgur.com/iqOcoMH.png

Granted, small breakthrough on the linear price channel, but look at what happened last time this occurred on (relatively) low volume.

https://i.imgur.com/kSsOiiZ.png

Of course, I could be wrong, I'm just another mindless sheep after all :) Merely saying that perhaps it helps one not to be too certain and cry "broken markets" at the slightest price movements such as this.


Title: Re: Your bear market is broken
Post by: notbatman on May 15, 2014, 01:08:34 PM
That 15m TI on Bitstamp is impressive.


Title: Re: Your bear market is broken
Post by: spazzdla on May 15, 2014, 01:37:32 PM
I have more buying to do.. we keep bear for the next month kk.


Title: Re: Your bear market is broken
Post by: zimmah on May 15, 2014, 03:50:56 PM
Then a whale dumps some coins, your bull market is broken too  :D

Why on earth would a whale deliberately dump bitcoins just before a bull run? He'd be the biggest idiot in the world to do that, because if he'd wait for a few weeks he'd be able to make 20 times more.


Title: Re: Your bear market is broken
Post by: UglyTroll on May 15, 2014, 04:03:47 PM
Then a whale dumps some coins, your bull market is broken too  :D

Why on earth would a whale deliberately dump bitcoins just before a bull run? He'd be the biggest idiot in the world to do that, because if he'd wait for a few weeks he'd be able to make 20 times more.

Can a whale explain to him please  ;D


Title: Re: Your bear market is broken
Post by: UglyTroll on May 15, 2014, 05:43:50 PM
I see some dumping coming  ;D Come on whale, don't just dump, explain to us first please  ;)


Title: Re: Your bear market is broken
Post by: frienemy on May 15, 2014, 05:58:34 PM
I see some dumping coming  ;D Come on whale, don't just dump, explain to us first please  ;)

Dear Mr. Troll,

my name is Whale and I came here because you said my name three times. You told me to explain why I would dump. I can't! I'm busy planning to buy barrels of bitcoins to fill my Dagobert castle with. I'm so sorry, Mr. Troll.

Kind regards,
Whale