1185
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: August 14, 2014, 06:05:38 AM
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I didn't think we would see this last bear trap before the next bubble.
"before the next bubble" ... ...sorry, no more bubbles in bitcoin. just a slow bleed down back to where we started It's amazing how delusional they are. They talk about the next bubble as if it's guaranteed to come. It simply isn't. We've been going down for 9 months. Now we're simply at the point the smart people understand there simplu won't be another bubble anymore. They're pulling out. We will go down very fast coming few weeks. It's over. I'm already investing in other and better things. How are those "cheap coins" at 560 doing for you guys?
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1195
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: August 13, 2014, 07:44:32 AM
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Who can get me clear what caused this such panic, only leverages? Absolutely the answer will be no
No, simply no buy pressure to be found. No bulls to fuel a bounce. I'm starting to think we really need a good plunge, into the $400s perhaps, to provide momentum for a strong rally. Bulls are nowhere to be found -- except those holding from higher up. obvious ...people are not using btc....are holding ...no one new is flocking to bitcoin in the numbers we need vs the folks holding we could be sitting on this kinda flat/slow fall till next year... problem with that is consumer mining seems to be drying up as we speak w/o miners as 'cheerleaders' for bitcoin ..as such dries up...just a bunch of geeks holding coin...that thru FUD and other means press/gov't will make out as fraud ridden...thus less newbies...a world wide 'assasination of reptutation by the 'vested intrests" world wide.....like China is trying to do with bitcoin etc this could be long/hard and dismal ..and the more uncertain it becomes and price goes down the less likely them 'institutional investors' will jump in frigging 'dead cat bounce' http://deadcatbounce.weebly.com/what-is-a-dead-cat-bounce.htmlvs diffusion of inonvation (acceptance) http://en.wikipedia.org/wiki/Diffusion_of_innovationswell I'm in it for the long haul..if BTC goes to $10 so be it.....ride the puppy down in flames....(drank the kool aid don't ya know hard to be us 'pod people') myself if it stays above $150 usd I'm OK ...below that I'm toast...(pick your own USD oops moment) Searing What makes you think next year people suddenly will start buying? It failed. Bitcoin failed. Things that fail don't suddenly get big a year later. well how many times has BTC tanked and come back (oldsters on here?) 5x 6x .. I don't count it out..but if I'm looking at best it going sideways and at worst it finding a level in $$ below my comfort zone...into next year....well.....damn it ...guess I need a hug.....nightmares! and you could be right I sure don't know what the hell I'm talking about off this thread...why should bitcointalk be any different! Searing It's been tanking for 8 months. It's over. I suggest you sell now.
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1196
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: August 13, 2014, 07:42:28 AM
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Gotta love the smell of panic in the morning.
Capitulation? No. Dip..? Yep.
'The end'? Oh please, get a grip!
Buying - looking nice and cheap to me. Accumulation is the game, play it. The big money is.
Fair enough. This is the best level to accumulate at, though? I could see it as a good long term play. But Huobi is bear flagging as we speak, and we are simply pausing on a major support, not even bouncing after a first wave down. I'd think we're at least going to the next support level.... 520-530. But very possibly 400s. When we dropped to 1100 from 1200 people were screaming cheap coins. I don't have to type out the rest.
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1198
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: August 13, 2014, 07:37:20 AM
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Who can get me clear what caused this such panic, only leverages? Absolutely the answer will be no
No, simply no buy pressure to be found. No bulls to fuel a bounce. I'm starting to think we really need a good plunge, into the $400s perhaps, to provide momentum for a strong rally. Bulls are nowhere to be found -- except those holding from higher up. obvious ...people are not using btc....are holding ...no one new is flocking to bitcoin in the numbers we need vs the folks holding we could be sitting on this kinda flat/slow fall till next year... problem with that is consumer mining seems to be drying up as we speak w/o miners as 'cheerleaders' for bitcoin ..as such dries up...just a bunch of geeks holding coin...that thru FUD and other means press/gov't will make out as fraud ridden...thus less newbies...a world wide 'assasination of reptutation by the 'vested intrests" world wide.....like China is trying to do with bitcoin etc this could be long/hard and dismal ..and the more uncertain it becomes and price goes down the less likely them 'institutional investors' will jump in frigging 'dead cat bounce' http://deadcatbounce.weebly.com/what-is-a-dead-cat-bounce.htmlvs diffusion of inonvation (acceptance) http://en.wikipedia.org/wiki/Diffusion_of_innovationswell I'm in it for the long haul..if BTC goes to $10 so be it.....ride the puppy down in flames....(drank the kool aid don't ya know hard to be us 'pod people') myself if it stays above $150 usd I'm OK ...below that I'm toast...(pick your own USD oops moment) Searing What makes you think next year people suddenly will start buying? It failed. Bitcoin failed. Things that fail don't suddenly get big a year later.
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