2.5k to $1000!  it was 9k when i woke up! |
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I miss volume  Just need a couple of whales to set us on track to 1k! Don't fool yourself. Around 950 the first people start dumping and around 970 the sheep will completely panic and sell till we're back at 900. At least that is most likely to happen. |
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Nah, downtrend from 6th broken. New trend, up uP UP! BTC traded on gox in last 5 minutes is 1337  It was never a downtrend from the 6th - it was a shift towards sideways movement for a couple of weeks.  Looks like a downtrend to me, also looking at forum posts/threads the consensus was we would revisit 600-700 by now. |
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Nah, downtrend from 6th broken. New trend, up uP UP! BTC traded on gox in last 5 minutes is 1337 |
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I miss volume Just need a couple of whales to set us on track to 1k! Don't fool yourself. Around 950 the first people start dumping and around 970 the sheep will completely panic and sell till we're back at 900. At least that is most likely to happen. I mean over a week or two, a few big buys now will reverse the down-trend we've had since the 6th. |
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I miss volume Just need a couple of whales to set us on track to 1k! |
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Where'd all the sellers go  Not seen a 10+ market sell on gox in about half an hour. |
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This is looking so much like the dead cat bounce of the April bubble on daily.
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BTW guys, as much as I hate watching the "stage of a bubble chart" but it seems so F%&$/!? accurate, Is Bitcoin a different story ?   Looks familiar ?We're at the "bear trap" bit m8  |
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So many N thousand dollar buys at $140+ with no major price rise.
I think we've seen the top for a few weeks at least.
Then again for the hundredth time in this bull run the whales have fucked my theories.
Still holding for the longest time but got loads of cash waiting for a big drop.
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If everybody had both your mentalities, the price would inflate beyond recognition and the whole experiment would hyper-deflate into oblivion. Yes you would be rich. Congratulations at your profits. But the use of bitcoins for what it is designed for would be lost. If people were not willing to sell 10'000 bitcoins for two pizzas we would not be here today.
not true. high bitcoin price is vital for its health. You're taking the proverbial right? High price is good if it's actually WORTH the price. Price driven by speculation =/= healthy. |
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interesting part is that people who are waiting for confirmation of trend reversal (which i think already happend and bubble deflated at $65) for $120 mark then they will have to buy back half the coins they could have at $65.
People here often show 2011 bubble to compare to 2013 one but they seem to don't see that no matter what, after one bubble there will be another 10 times bigger. This was the case 3 times now and will happen again. Then why one is trying to hit the bottom to buy if they can just buy now, sit, relax and enjoy the ride to the top? They will profit anyway and trying to hit bottom may as well end up in losing coins.
Doesn't everyone want to maximise their wealth? If you can buy at $50, rather than $100, you are going to have double the wealth/Bitcoins, no matter what the price ends up being. That doesn't mean everyone has to buy/sell. You should do what feels best for you. of course they want to maximise profits but the problem i am pointing to is that nobody know when bear market will end. There is no chart who will tell you this. All i read here is just pure wishes. People selling their last bitcoin to get out of the 'scheme' screaming how much they have lost will be a good indicator. if this will happen. There is also 50% chance people will be hitting wall with their heads because they didn't bought and the price for some reason sky rocketed. There is plenty of reasons in the world to make it happen. And there are people who bought pizza for 10000 bitcoins and now are pretending that's ok for them ... It's like trying to explain to people Martingale isn't a profitable strategy. They say they will win most of the time (which is true) but the associated loss that happens quite infrequently is so large that it outweighs all the small wins. If people don't get it I doubt they ever will. I'm holding  If everybody had both your mentalities, the price would inflate beyond recognition and the whole experiment would hyper-deflate into oblivion. Yes you would be rich. Congratulations at your profits. But the use of bitcoins for what it is designed for would be lost. If people were not willing to sell 10'000 bitcoins for two pizzas we would not be here today. |
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interesting part is that people who are waiting for confirmation of trend reversal (which i think already happend and bubble deflated at $65) for $120 mark then they will have to buy back half the coins they could have at $65.
People here often show 2011 bubble to compare to 2013 one but they seem to don't see that no matter what, after one bubble there will be another 10 times bigger. This was the case 3 times now and will happen again. Then why one is trying to hit the bottom to buy if they can just buy now, sit, relax and enjoy the ride to the top? They will profit anyway and trying to hit bottom may as well end up in losing coins.
Doesn't everyone want to maximise their wealth? If you can buy at $50, rather than $100, you are going to have double the wealth/Bitcoins, no matter what the price ends up being. That doesn't mean everyone has to buy/sell. You should do what feels best for you. of course they want to maximise profits but the problem i am pointing to is that nobody know when bear market will end. There is no chart who will tell you this. All i read here is just pure wishes. People selling their last bitcoin to get out of the 'scheme' screaming how much they have lost will be a good indicator. |
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What will happen? Up or down? And if we go up do we go down after that? Do we see $50 ever again?
Let me consult my ball.  |
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