Bitcoin Forum

Please don't sell out of panic.  Take a deep breath or two.  Everything will be fine.

But if you HAVE to sell, well, I know how that is...

I don't know, but every attempt to break it has quickly bounced off so far...

that's what it always does before it plunges :)

clearly going up mid and long term...

:P

I don't see what the problem is... Answer this: how can the manipulators make money if they don't draw out the volatile periods?

It appears we have two big players with different desires. One of them is trying to keep it above the trend line. The other appears to be so fixated on buying back cheaper he/she/it/they are willing to break though it and cause further panic, disappointment, and risk that the uptrend will not continue. He keeps selling down hard and placing big walls the moment the price starts to climb away. At least it appears this way.

Everyone else in the market... at the moment... seems to happy with the support at 5.4 - 5.5. I hope it stays that way.

Blitzboom and proudhon talking shit on the "94% correction?" thread when price was 5.5 and dropping this morning, probably cause some panic selling.  >:(

I suspect these guys did a bad call yesterday and sold short at 5.6, or maybe worst. They were trolling it down like mad fools.... but no matter i believe most of the market to be wise enough to know not to take what people say on this speculation forum to heart and to stick with their own analyst / gut feeling.

weekend decline..

nothing big I think

I'm flattered, but I doubt blitzboom or I had anything to do with today's price movements, and I doubt we will have anything to do with future price movements.

My avatar is a market sentiment indicator.  ;)

I quite enjoy your avatars.

Let's all trade on it and turn that frown upside down!   :D

the past 2 week of trading have been sweet, its as if we are in a tug-of-war both teams are equally strong and both teams have taken some steroids, the rope is about to break their so much tension

But which side will be wise enough to hold their footing as it snaps?

indeed.

i went in bullish and stick to it as before. i will not increase my position due to risk management, but i won't panic sell either on short-term downs and consolidations as long as i see not much reasons for the slow uptrend which started 2-3 months ago to be over yet.

That damn starfish.

Well... I've been holding my USD till this thing stops dropping... and hopefully catch the bounce at a cheap price

Get 'em while you can  :)

5.5879... place bid at 5.58 and step away from the computer for 2 hours, most of the time this never fails. this time .... not so sure

don't be scurred

I r scurred.

"fear is the mindkiller"
stop it

the moustache is the scariest part

No... Chamunda is the mindkiller.

http://2.bp.blogspot.com/_dHTe4o_hMcU/TDAHgs_VbnI/AAAAAAAAAtg/AnhltKJcYlM/s1600/kali.jpg

I ain't scared.

Im just glad a bought when I did before the december craziness later this year. Its Damn shame I didn't hear about bitcoin sooner than a month ago....

I said that exact same thing in August...  >:( :-\ ;D ;)

welcome in the most maddening subforum there is on the planet, noobster :)

..i give you about 2 weeks until THEY have transformed you into a FUD-spreading, his-holyness-the-might-starfish praising, bear.
;)

+1

I've done my research in bitcoin. I see enormous potential outside short term gains. The currency has the potential to be world changing. To support bitcoin to me is supporting economic freedom. Im not going to short sell that, and I think a lot of people coming into bitcoin have a similar mentality.

I bought at 5.60 and held onto it even as it broke 6$. Im in this for the long haul.

I can't wait till BTC gets sticky. It's going to be a brave new world.

amen brother

I think you're quite right.

My problem is that I want nothing but more bitcoins; and that leads me down the risky path of trying to predict the market for profit.  So when I sell bitcoins it's not because I'm not "in it for the long haul" and am abandoning bitcoins it's because I want to ride the wave and increase my bitcoin holding.

I would imagine I'm not alone in that (observe the "*" on bitcoinica for proof that the net consensus is long).

Bizarrely then, I believe that a great many bitcoin sales are bullish.

this is why 7.20 will not offer any resistance on our way up to 8

the 95 rule of acquisition, greed is eternal

Responsible self-interest  ;)