Bitcoin Forum

Just putting this in place ahead of the continuing crash.

You really think its gonna crash? I thought you were a bull.

Well played.

Cards are shown.  You made a pile of cash.  Enough said.

Proudhon at 6 USD.

Your calls mean nothing. Your track record is so bad that it is used as a contrarian indicator.

Troll on though lol.

Weren't you the one that called single digits to be a reality for April 2013? How's that prediction working out for ya?  :D

What a brutal crash all the way down to just 65usd... I don't think we'll ever recover!

1) Do the opposite of what proudhon says
2) ??
3) Profit

Eventually proudhon will be right, if it isn't this time it will be some time down the road.

Just announced: 18%-22% Haircut on all Bank of Cyprus deposits over 100,000 euros. Hold.

First, not sure what OP has "called," since it's not clear we have topped out yet. Second, with enough tries, I could guess a random number between 1 and 1000, but that wouldn't reflect any skill or insight. Similarly, since OP has been calling the top over and over again since $6, it doesn't reflect any skill or insight if $75 does turn out to be a long term top. I'll give OP props though if his prediction of hitting single digits again comes to pass, but I don't think that will happen.  

I think this time he is right. Confidence is shaken. Dead cat bounce. Euphoria all over the boards, prime time for a real and prolonged shakedown imho.

I'm super-bullish long term, have even taken a punt on a BFL miner.

However, I've been waiting for a correction for some time now (not as long as proudhon) but 32 still hasn't been retested...

Not so I can "buy cheaper" short term trading isn't really my bag. Just because I think going this high this fast seems just a bit *too* good to be true. I'm sure we will get to $100, then a $1000 and who know $10k or $100k a coin, it seems inevitable based on the fundamental paradigm changing nature of what is happening, barring the catastrophic failure scenarios.  

Almost as inevitable as the fact that the growth needed to get there will cause periodical insane euphoric buying, that must surely lead to hard deep corrections....

I expect exponential growth, but exponential growth of the exponent!! thats a bit much even for me :)

Yes - that's one way to do it.

You can frequent the boards with predictions and advice; and if you're usually right (like cypherdoc, for example) people will listen and base some of their actions on what you say.

But that's hard work.  And it's really difficult to be right often enough for it to matter.  It takes skill and devotion and a tremendous amount of experience.

On the other hand, you can be so massively wrong all the time, about everything, that you become - as you say, smoothie - a contrarian indicator.  That's much easier, isn't it?

But the results are the same:  people listen, and base some of their actions on what you say.

Interesting...

Most investors are followers. Not sure why. Maybe too lazy or too spineless to develop their own plan.

Eh.  I don't mine anymore.  I buy and hold and spend.

But I'm just a little guy.  Last night I picked up about 15 coin - averaged out to around $58.  It's been awhile since that opportunity presented itself.  There's time though.

"If you're going to forecast, forecast often."

http://cache.boston.com/bonzai-fba/Third_Party_Graphic/2011/01/07/guywhocalledthebigone400__1294429913_8815.jpg

If you call it every single time the price rises of course you are going to be right eventually. You just had to be wrong every single time before that and then finally get lucky. We shall see if that time is now or later.

The day I met proudhon.

https://i.imgur.com/kBLu68z.jpg

A day I will never forget.

Okay...either you are the little kid or the glass encased bear ....either way this is a funny picture.  ;D

Yeah, congrats on successfully predicting there will be snow in the winter when it's only summer, weatherman. :D

OP, in no way can you claim that you called anything meaningful unless we hit single digits. I think you were calling for such to occur by the end of 2012, so you're already pretty wrong, but I think allowing you to extend the duration through 2013 is ok.

Don't think people are buying your claim OP.

Single Digits or it didn't happen!

Single digits for *years* none the less.

I hear Mt Gox is switching over to mBTC soon, anticipating the $1 = mBTC.  Single digits aren't too far away.

Oh...oh god. PROUDHON WAS RIGHT THE WHOLE TIME!

I can say exactly when this rally is over:
When whoever started it done selling his coins.
Hey you , rally starter, how long before you done?

10,000years ;)

Proudhon, will you please wait until single digits (even for a split second) before saying you "called it". I'll eat my dirty socks, if it turns out you did.

Whoever started the rally is not the one fueling it now.  Euro volume on the latest leg up was huge.

quoted...need some entertainment if we ever get to single digits. lol  :D

How long has he sat there waiting to say "See I called it"?

After a while it just becomes "well crap, huh, it actually might happen this time"

You've been predicting a crash every day since it was $12 and even before that, you cannot call squat!

A broken clock is right twice a day.

Even a blind squirrel occasionally finds a nut.

etc.

Oh, and your so called crash didn't continue long at all, mostly recovered to the price of only a few days prior. Merely profit taking and correction from the over-exuberance rally. $100 in less than 2 weeks time I say.

LOL. I think that statement pretty much sums up this whole thread.

Just to bloat, I did the last dip quite well also:

Woke up 11 PM local time (with my working hours, I usually take a nap after dinner) and discovered that my Bitcoin alarm hung because of a JS error. Checked Clarkmoody and saw that there had been a dip to $63 an hour ago. I had sold 5BTC at $72 yesterday and sold the rest at the top of the bounce back at $69.65. Total loss $80 compared to yesterdays high.

Buy for 10BTC dead cat at $52.10 (close to the bottom at 52.01) and place a sell for the same 10BTC at $64. They sell for $64 2 minutes later i.e. I'm plus $100, up $24 now ;D.

Watch the price go to $67.something, loosing momentum and slowly sliding back to the double bottom at $60-62 buying 60% in long at $62.80 and now currently up $255 compared to yesterday ;D ;D.

So yeah, a wild ride, great fun.

The question is: did you sell? If you didn't sell what the use of making a right call? ;D

Guys, proudhon is actually a very useful market indicator. If he turns into a bull, then it's a bear market!

Nah. Proudhon is a joke. In a best case scenario, he knows it. Worst case, the joke's even on him.

Not a bull in all threads!

Translation for Proudhon's topic: I made lots of money selling my Bitcoins and now I want the price to crash again so I can buy them cheaply again and make even more money, you suckers need to hurry up and sell!

BTW, Wiki hits through the roof, literally. http://stats.grok.se/en/latest30/bitcoin (http://stats.grok.se/en/latest30/bitcoin)

Wow!  What on earth spurred that?

whatever it is, triple digits by may!

The only thing I can really think of is the Cyprus news confirming they are going to tax some accounts. 

Wait, Proudhon predicted BTC in the mid 60s? Is he a bull now?