Bitcoin Forum

Economy => Speculation => Topic started by: bitards on February 13, 2015, 05:12:25 PM



Title: Why do people act like moron at small increases?
Post by: bitards on February 13, 2015, 05:12:25 PM
Bitcoin is up what $10 from its daily high yesterday?
Yet every time this happens, to the moon......it is a trend reversal......douchebag waves, itchy balls in the clouds says so........
No one is happy that our low today in 220s later will be higher than earlier this week.
Little gains= real, large gains = volatility, manipulation, and dumb tards panic buying.


Title: Re: Why do people act like moron at small increases?
Post by: ThatDGuy on February 13, 2015, 05:16:09 PM
Bitcoin is up what $10 from its daily high yesterday?
Yet every time this happens, to the moon......it is a trend reversal......douchebag waves, itchy balls in the clouds says so........
No one is happy that our low today in 220s later will be higher than earlier this week.
Little gains= real, large gains = volatility, manipulation, and dumb tards panic buying.

Price sat at $225 for a week.  The Speculation forum has gotten boring, but those were absolute doldrums.  +$10 in a day is fun compared to the rest of the week.

It's probably not any of those things you mentioned, but this is how the Speculation forum works.


Title: Re: Why do people act like moron at small increases?
Post by: stonerider on February 13, 2015, 05:16:37 PM
Let me guess, you're bitter because you lost money with your short posistion?

Anyway, cool story, bro.


Title: Re: Why do people act like moron at small increases?
Post by: bitards on February 13, 2015, 05:19:26 PM
Let me guess, you're bitter because you lost money with your short posistion?

Anyway, cool story, bro.

I don't own any bitcoin, i'm a poor troll


Title: Re: Why do people act like moron at small increases?
Post by: RodeoX on February 13, 2015, 05:24:35 PM
People want to be optimistic I guess. I kinda look at a rounded price. I call it $220 when it's bouncing around that number. So $213 = $220 and $238 also = $220. 


Title: Re: Why do people act like moron at small increases?
Post by: bassclef on February 13, 2015, 05:37:45 PM
Because each rise puts a higher floor on the price and increases the chance that $2xx is a bargain.


Title: Re: Why do people act like moron at small increases?
Post by: rower2000 on February 13, 2015, 05:46:06 PM
Trend reversal. This time it's true!!


Title: Re: Why do people act like moron at small increases?
Post by: chriswen on February 13, 2015, 05:58:30 PM
Cause a 5-10% gain is a lot when you're leveraged.


Title: Re: Why do people act like moron at small increases?
Post by: Dilla on February 13, 2015, 06:04:24 PM
The opposite end of the spectrum people act like morons at a small decrease.


Title: Re: Why do people act like moron at small increases?
Post by: samson on February 13, 2015, 06:40:48 PM
Quote
Why do people act like moron at small increases?

It's no act


Title: Re: Why do people act like moron at small increases?
Post by: gentlemand on February 13, 2015, 07:14:01 PM
There's an abundance of morons whatever the price is up to.

Having said that it does come across as pretty undignified when people start shouting about new paradigms when it's limped up a tiny amount. After the market doing what it's done over the last year or so any cause for optimism will be grabbed and milked.



Title: Re: Why do people act like moron at small increases?
Post by: JimboToronto on February 13, 2015, 07:20:20 PM
Why do people act like moron at small increases?

The same reason they act like morons at small dips.

If it's not trains and moon rockets, it's sinking ships and the Hindenberg.