Dump or Pump now?
both at the same time forever. do you still need time before i pull the rug out and full capitulation to $250? lol i've been pondering the ramifications...you have your seatbelts on bud?\\\\*rollercoaster time!!weee =) sell all your coins did ya? see you at 540. At least we are getting a little excitement in the last several days.. (even though in the wrong direction) as compared with the prior period of less action. I am just OPTIMISTIC, like that. |
|
|
|
Yeah I bought into the wall at 460.
And the market is probably just about to teach me another expensive lesson about bull traps.
I'm in a similar boat.. I bought at $452... However, I have been buying as we go down.. and continuing to think that we are done going down... My buying down affliction began about 3 weeks ago at $610, so it has been fairly costly... even though it is my strategy to buy while going down and sell while going up (I haven't really gotten to the sell part of my formula, yet). |
|
|
|
TA says we're going to be at 6k pages on this thread in about 3 weeks.
Does that account for all the post that have been removed and the seemingly recent phenomenon of removing posts? |
|
|
|
Dump or Pump now?
PBOC loves to release news early monday UTC... I'd wait I still do NOT understand what incentive PBOC has to clarify the rumor.. Maybe in a week by 4/7 they may feel they need to clarify the rumor is NOT true.. .or if it is true.. which portion and to what extent.. |
|
|
|
Do those ppl who sell @these prices getting out of the game or just waiting to rebuy below 400 i wonder?
sold at 455 and closed at 436.4 on stamp Im too scared to sell... I am NOT confident that we are going lower. no problem in oscillating market, if you missed today, wait till tomorrow and still almost certainly you will close it. also on BTCe with no commission for trading you can start with very small amount like 0.1 btc and see how it ends in a week time. have a fun  this is horrible advice everybody HODL!!!!!!!!! Maybe a new poll? Will BTC price rise above $540 in the next 48 hours? |
|
|
|
Do those ppl who sell @these prices getting out of the game or just waiting to rebuy below 400 i wonder?
sold at 455 and closed at 436.4 on stamp Im too scared to sell... I am NOT confident that we are going lower. no problem in oscillating market, if you missed today, wait till tomorrow and still almost certainly you will close it. also on BTCe with no commission for trading you can start with very small amount like 0.1 btc and see how it ends in a week time. have a fun Oh.. with smaller amounts... such as .1BTC, I seem to do fine, but then I find it to be a big waste of time b/c spend hours watching the market and waiting.. then when I get to larger amounts of BTC, i have had bad luck... .. maybe I will try this later, when the BTC price returns to $650 + levels... |
|
|
|
Oddly, after someone posted that GIF of a bear scratching his nuts, there seems to be an erection in price.
Bulls are less interesting in that regard, since they do NOT have scratching digits. |
|
|
|
Do those ppl who sell @these prices getting out of the game or just waiting to rebuy below 400 i wonder?
sold at 455 and closed at 436.4 on stamp Im too scared to sell... I am NOT confident that we are going lower. |
|
|
|
I'd bet everything i own that the ones purchasing cheap coins right now are chinese, and the ones selling are westeners.
There should be a way to get some information on this.. to attempt to figure it out... maybe cannot be 100% direct evidence but reasonable inferences. Maybe a good project for Jorge?    |
|
|
|
All that bearish sentiment. I get the same feeling as in the summer of 2013:  Keep calm and HODL edit: 130 USD ~ 720-800 USD 65 USD ~ 400-450 USD I agree and I'm holding, but even through we've been through this several times, it's scary as hell. I agree it is scary. Back than, I had only 5% of my assets in BTC. Now I have, at current prices, >50% of my assets in BTC. The first time I am very uneasy at what the exchange rate is doing, I must admit. I bought a lot of coins above 100 USD and another batch right before the breakout (at 160-230 range) It is a lot easier, I am sure, to deal with when you are in the black.. rather than when you are in the red.... especially if you are up more than 200%, even at these low prices... I am getting in the down 35% range... though I keep thinking that it could be worse. I also keep thinking that I will be in the black, soon.soon, soon, soon.  ? |
|
|
|
even some of the permabulls are bearish
the bottom must be here soon...
Certainly can make a guy a bit depressed to see such low numbers... and there is NO real solid explanation for such.... mostly FUD |
|
|
|
2011 repeating ? will 2014 be the year of the depression ? I don't get what is happening but even if you try to explain it to me it just wont make sense...
The Chinese inspire fear, but most of all people want coins for cheap then market constantly Seems like manipulators have been taking advantage of low volume to continue to pressure downward momentum based on what seems to be rumors, at this point. I remain baffled as well concerning how long this downward trend will last. The bid side on stamp looks like a mountain and the sell side is fairly flat but still we go down in the direction of the mountain. |
|
|
|
There is no guarantee it will go back up again.
You missed the news: when the descending triangle breaks the third ascending Elliot Wave confirming the exponential trend line corresponding to Mynott's adoption curve then all the institutional money (which has been placed off the exchanges in 'dark orders' with illuminati miners) will enter the market guaranteeing the price to climb to USD$100K. Or something like that. Finally some decent humor that does NOT seem to directly criticize or denigrate anyone specifically...... Just a general anti-bull assessment Although I have a feeling it could be self-deprecating Someone gets it @JJG, thanks for the 'sort of' compliment but I can't recall 'denigrating' or 'criticising' anyone. Those who insist on making endless predictions may well be the target of my scorn but I attempt to make it gentle and to the point -- pricking pomposity is neither denigration nor criticism. And as someone mentioned above humility is in short-supply around here. You seem to have a bee in your bonnet about my comment about Gox users not returning to the market, I've explained it endlessly but if I've offended you in some way I sincerely apologise...no persoanl offense was meant and if it makes you feel better I lost a couple of coins. And I've done my own analysis, TA and the like but what's the point in posting an opinion contrary to what the 'group' thinks -- contrarians are instantly dismissed here, they must have a 'secret agenda' or simply 'don't understand'. Poking fun at the constant Canute-like proclamations is pretty much all that remains. So, I am simply a fool: "Remember, Caesar, thou art mortal." I believe that I have made whatever point that I was attempting to make. Regarding ongoing and endless predictions, we are in a speculation thread. Accordingly, I believe people can make predictions in either direction, and some predictions will be more convincing than others based on a variety of factors including evidence to support the prediction(s) and whether they line up with various presumptions that people have. Merely b/c the group is inclined one way or another does NOT necessarily make them sheeple nor automatons - even though some of those will exist in any group. |
|
|
|
How do you test if a rumour is true?
sell 1k coins. hits a bottom? the insiders are buying - then proceed to buy all the coins you can get your hands on.
The punchline seems to be that at this time no one really knows for sure whether we are dropping more or NOT... I just bought.. so I am happy for a while... until Sub $450 (if so). I'm gonna go to sleep, and maybe I will wake up at $540, but I anticipate that I will wake up to continued hovering in the sub $500 territory between $480 and $500 - just a guess... I am NOT going to set my BTC price alarms ... b/c I need my beauty sleep... and if it flash crashes below $450, and I miss it, OH well. I'm running out of fiat, anyhow. |
|
|
|
I don't get it? If the rumous is true the price goes up?
sure, if the rumours are true the price goes up, you do get it. I could NOT wait any longer.. TOO MUCH anxiety to be waiting for any further price drops... and the price may NOT come down any further.. who knows? Thus, I bought a little bit at $482 on Coinbase, which surprisingly brought my average buy-in BTC price from $670 to the lucky number of $666.... that is a bitcoin favorite, no? So, about $180 to go up, and I will be back in the black. Unless we get a train or a rocket, I am pretty confident that I will be buying again before we reach $666. At the moment, I set my next buy-in price at $450, if we get there in the next day or two.. otherwise, I will reassess my next buy in price. |
|
|
|
PBoC has just confirmed that it was not the source of the latest ban FUD. This comes from reliable Chinese news soure Weigo-Xiuxiu Nau. Props to Proudhon for the tip.  Does this mean that we should buy, now? we're no t going lower? well thats what Ive been saying, the bulls have the upper edge to any scenario. this could take a real hike if it is true. lol panic buy on huobi, bitstamp, even LTCUSD -facepalm- we'll see in a bit if the market actually agrees that this new source is authoritative and the message is significant. we still haven't broken out of the short-term downwards channel on stamp. Don't the Sunday rallies come a little bit later.? IN other words, isn't it too early for a Sunday rally? NOT enough potential volume? |
|
|
|
PBoC has just confirmed that it was not the source of the latest ban FUD. This comes from reliable Chinese news soure Weigo-Xiuxiu Nau. Props to Proudhon for the tip. Does this mean that we should buy, now? we're no t going lower? |
|
|
|
A weekend dip to 480 by Saturday night, not even seriously testing $466 resistance. We are on the way back up. An official denial of the rumor by the PBoC (should that happen) should take us to $540 in the short run, close to $600 eventually provided no new disasters surface.
I estimate this China ban is 90% priced in since rumors started four months ago, so even if it turns out to be true, the down side is much smaller than the potential upside if again it proves to be false. This is a good time to buy a small amount, IMHO.
Probability the story is fake or just plain wrong I estimate to be 51%, based on no confirmations yet by anybody, despite a market plunge and four days of looking.
Once again, I was too early. We were all expecting this test of support, so my gut was right and my second guess was wrong. There may even be a test of $400 support if $466 doesn't hold. Now we get to see who's smarter than me and waited to buy. So my finger has been on the buy trigger for about the last hour and a half while the price has been floating between $470 and 480.. but the price seems to be inching downward.. ... I am remaining a bit anxious and usually I can relax a bit.. once I have bought.. but according to you... maybe buy at $467 and then maybe again at $402.. if it gets there... I don't know shit but my feeling says we're going down WAY more. Simply because there is no reason to stop going down. Whales push us down, sheep panic sell, bears cry about cheap coins. Whatever the price is it must always go lower because lower is cheaper. I would NOT follow your prediction.. b/c you are pretty much always saying the same thing with NO context, little substance, and NOT very convincing... BTC doom and gloom over and over.. I would think that most of the people willing to follow what you are suggesting, would be out by now.. maybe would have left around $550... HOW about you.. do you have any BTC? Why don't you respond? |
|
|
|
There is no guarantee it will go back up again.
You missed the news: when the descending triangle breaks the third ascending Elliot Wave confirming the exponential trend line corresponding to Mynott's adoption curve then all the institutional money (which has been placed off the exchanges in 'dark orders' with illuminati miners) will enter the market guaranteeing the price to climb to USD$100K. Or something like that. no, no, wrong creekbore. see me after class. Here Sir, I've done my lines. CCMF, BTC will go to da moon! CCMF, BTC will go to da moon! CCMF, BTC will go to da moon! CCMF, BTC will go to da moon! CCMF, BTC will go to da moon! CCMF, BTC will go to da moon! CCMF, BTC will go to da moon! CCMF, BTC will go to da moon! CCMF, BTC will go to da moon! CCMF, BTC will go to da moon! CCMF, BTC will go to da moon! CCMF, BTC will go to da moon! CCMF, BTC will go to da moon! CCMF, BTC will go to da moon! CCMF, BTC will go to da moon! CCMF, BTC will go to da moon! CCMF, BTC will go to da moon! CCMF, BTC will go to da moon! CCMF, BTC will go to da moon! CCMF, BTC will go to da moon! CCMF, BTC will go to da moon! x exp (x+y)Good job!!!!!!! That's the spirit!!!! You left out BUY, BUY, BUY.... and HODL, HODL, HODL... but that's o.k. .. you are in a better mindframe now. May have even made you feel better, no? |
|
|
|
|
Show Posts
