Bitcoin Forum

Economy => Speculation => Topic started by: BitcoinRate.com on February 12, 2013, 10:59:13 PM



Title: Is this the crash/correction?
Post by: BitcoinRate.com on February 12, 2013, 10:59:13 PM
Is this the beginning correction/crash happening right now?

http://i.imgur.com/JsxfZRs.png


Title: Re: Is this the crash/correction?
Post by: zoinky on February 12, 2013, 11:00:49 PM
Its the weekday dip. Nothing new here.


Title: Re: Is this the crash/correction?
Post by: humanitee on February 12, 2013, 11:02:22 PM
WE HAVEN'T EVEN HIT THE DAILY LOW YET


Title: Re: Is this the crash/correction?
Post by: BitcoinRate.com on February 12, 2013, 11:04:09 PM
WE HAVEN'T EVEN HIT THE DAILY LOW YET

True :)


Title: Re: Is this the crash/correction?
Post by: Fuzzy on February 12, 2013, 11:05:17 PM
WE HAVEN'T EVEN HIT THE DAILY LOW YET

INB4 we hit the daily low...


Title: Re: Is this the crash/correction?
Post by: byronbb on February 12, 2013, 11:13:23 PM
I'll jump into my time machine and get back to you.


Title: Re: Is this the crash/correction?
Post by: BitcoinRate.com on February 12, 2013, 11:24:04 PM
I'll jump into my time machine and get back to you.

I'll wait!


Title: Re: Is this the crash/correction?
Post by: piramida on February 12, 2013, 11:30:57 PM
yes it is sell sell fast last chance it will never be at $24.5 again EVAR sell or lose all!


Title: Re: Is this the crash/correction?
Post by: dree12 on February 12, 2013, 11:36:45 PM
I've noticed some traits common to every crash/correction.

1. Before the crash, there is an above-average rate of increase.
2. The crash begins with a sudden drop wiping out a day of growth.
3. Someone somewhere panics and says "is this the crash?".
4. The crash suddenly stops and then a sudden spike wipes out half the crash.
5. Someone elsewhere stops panicking and says "no it isn't a crash; look it's going up again".
6. The crash suddenly restarts and this time crashes very far.
7. Eventually, the crash ends and the cycle begins again.


Title: Re: Is this the crash/correction?
Post by: LanYu on February 12, 2013, 11:49:34 PM
No, it is just another couple bears getting smoked out of the forest


Title: Re: Is this the crash/correction?
Post by: BitcoinRate.com on February 12, 2013, 11:50:57 PM
I've noticed some traits common to every crash/correction.

1. Before the crash, there is an above-average rate of increase.
2. The crash begins with a sudden drop wiping out a day of growth.
3. Someone somewhere panics and says "is this the crash?".
4. The crash suddenly stops and then a sudden spike wipes out half the crash.
5. Someone elsewhere stops panicking and says "no it isn't a crash; look it's going up again".
6. The crash suddenly restarts and this time crashes very far.
7. Eventually, the crash ends and the cycle begins again.

Ah guess we are at #5 right now then it's already back up...


Title: Re: Is this the crash/correction?
Post by: zoinky on February 12, 2013, 11:51:59 PM
I've noticed some traits common to every crash/correction.

1. Before the crash, there is an above-average rate of increase.
2. The crash begins with a sudden drop wiping out a day of growth.
3. Someone somewhere panics and says "is this the crash?".
4. The crash suddenly stops and then a sudden spike wipes out half the crash.
5. Someone elsewhere stops panicking and says "no it isn't a crash; look it's going up again".
6. The crash suddenly restarts and this time crashes very far.
7. Eventually, the crash ends and the cycle begins again.

Ah guess we are at #5 right now then it's already back up...
In that case you should sell.


Title: Re: Is this the crash/correction?
Post by: Xian01 on February 12, 2013, 11:53:42 PM
Is this the beginning correction/crash happening right now?

OMG ! YES !!! SELL SELL SELL ! It's all down-hill from here !!!

ಠ_ಠ


Title: Re: Is this the crash/correction?
Post by: humanitee on February 13, 2013, 01:36:52 AM
WE HAVEN'T EVEN HIT THE DAILY LOW YET

INB4 we hit the daily low...

...

Quoted for awesomeness


Title: Re: Is this the crash/correction?
Post by: Anth0n on February 13, 2013, 03:26:35 PM
Sustained rallies have to have occasional corrections. I wouldn't refer to it as THE correction, just A correction.