Bears out in force today. Patience is a virtue.
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Please stop quoting the troll!
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It means once the bear is comprehensively technically over you can quietly disappear from the forum with your ponies!
Edit: first show us how much you made!
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Best trading/gambling advice I ever received is don't trade/gamble.
Oh Shut the fuck up. What are you doing in speculation then? You are gambling by "investing" in Bitcoin There is a world of difference between holding bitcoin and trading with leverage. Now ssh noisy troll.
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If you wanna call reversal from this bear market, $470 (september levels) need to be broken at least, and to be sustained for at least a week. So far, 400s can't last even for a day, even after a pump.
Actually the price just needs to retake ~450 (stamp). The chart already shows a historical low at 275 and higher lows and highs since. Edit: just bought 5 more bitcoins. Expect the price to crater imminently!
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i still feel comfortable. planets are all aligning.
the 'excitement' of the bear market is giving way to the boredom of sideways. the bears once they realise there is no more profit to be made shorting will return to their caves.
once the fear of bear market is gone, then all the people that have been wanting to buy will start to jump back in. instead FOMO will move this market.
Agreed. To me it looks like the time for panic is over, but the time for greed/FOMO isn't there yet, hence: sideways (but with a slight upwards bias). Quite a few in this forum see it differently of course, with a new low being necessary before another sustainable rise can begin... Guess we'll know who was right in a few months. The ones calling for a new lower low before a sustainable rise will see that low should it ever arrive as a signal that the bear market has not ended, and wait for a new lower low before a sustainable rise will..
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Dont see this going much higher..
Do you ever?
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We had several upwards trends but they were quickly killed by the traders who were desperate to take 50 bucks profit. This will happen for many more times to come. Possibly till there simply are no buyers anymore.
Every time there are new buyers traders will dump straight in their face and scare them away.
That's how you stop adoption. Traders are Bitcoin's cancer. Slowly killing it.
You are nearly there. They will stop dumping when the price moves up despite the dumping. Traders are a zero sum game.
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Hopefully we stay below 400 until next thursday.
Please stop quoting troll posts!
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it won't happen.
hypoteticaly speaking ... what if it does happen ? It's just another indication of the bear market, which started at the beginning of 2014 and in all likelihood will go on for another 11-12 months. Why would the bear market take another year? I don't think any bear market lasted almost 2 full years in bitcoin, why would this one? So he can buy in lower of course.
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The shorters will never learn!
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Sub 250 by Christmas. Sub 100 by summer 2015. Sub 50 by 2016. Sub 20 by 2017.
But wait, you were calling for 50-100k earlier this year. What happened!
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had to log in just to get the troll ignored. hmmph.
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[flash=200,200] Geez, this is not a good thing... Price is not going to be "fun" for the next few years I suggest you look at the block reward in more detail.
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What a pathetic DCB that was.
BTC can easily go sub 200 by 2015. The potential for failure is enormous.
Do you stand by your predictions of 50-100k per bitcoin from earlier in the year. Or is it now <10 dollars a coin. Make up your mind!
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Is this rally pre etf announcement positioning?
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My only advice is to avoid trying to be clever with margin trading right now (especially the 10X and 20X leverage on OKCoin), you will get REKT if you don't.
You think we'll go down again? That's all he ever thinks
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