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Author Topic: I speculate it'll go down.. But why?  (Read 1244 times)
smurf2094 (OP)
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May 01, 2013, 10:22:58 PM
 #1

I think it'll go down because well it just killed that $120 wall...

But it's just blowing my mind as to why it would.. Yea sure SR had a little to do with it, but the people on SR who wanted out are well out now.

What do you think?
underground_
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May 01, 2013, 10:25:48 PM
 #2

The ones buying on the dips are just dumping them once the price moves up a bit. It's hard to have confidence in something when it crashed by 80% less than a month ago.
Frozenlock
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May 01, 2013, 10:26:27 PM
 #3

You shouldn't try to find a reason (for short term at least).

Most market analysts find an excuse after the fact; "It dropped because <bogus reason>"

The market does what it wants, when it wants.
smurf2094 (OP)
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May 01, 2013, 10:28:14 PM
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The market does what it wants, when it wants.

And that right there does not make sense.. You may be right, but still, don't make sense considering we the people choose what happens with the market
evolve
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May 01, 2013, 10:28:59 PM
 #5

The price never really recovered from the drop to $50 and the chances of seeing anywhere near the ATH in the near future grows smaller by the day. Investor confidence is shook and people are getting out while they can.
Spekulatius
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May 01, 2013, 10:33:33 PM
 #6

The price never really recovered from the drop to $50 and the chances of seeing anywhere near the ATH in the near future grows smaller by the day. Investor confidence is shook and people are getting out while they can.

proudhon, is that you?
BitcoinAshley
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May 01, 2013, 10:41:37 PM
 #7

The price never really recovered from the drop to $50 and the chances of seeing anywhere near the ATH in the near future grows smaller by the day. Investor confidence is shook and people are getting out while they can.


Yeah, guys, Bitcoin is doomed in the near term, invest all your savings in Fiat, which has a track record spanning over a century of (a) losing over 90% of its value, and (b) lining the pockets of press operator & friends.

(Hey, at least it's "stable," right? At least we KNOW it's going down; in fact, it's guaranteed by its very fundamentals.  Cool)

 Grin Grin Grin
evolve
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May 01, 2013, 10:45:03 PM
 #8

The price never really recovered from the drop to $50 and the chances of seeing anywhere near the ATH in the near future grows smaller by the day. Investor confidence is shook and people are getting out while they can.


Yeah, guys, Bitcoin is doomed, invest all your savings in Fiat, which has a track record spanning over a century of (a) losing over 98% of its value, and (b) lining the pockets of manipulators.

(Hey, at least it's "stable," right? At least we KNOW it's going down.)

 Grin Grin Grin

What are you talking about?  No one said anything even remotely close to that.
smurf2094 (OP)
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May 01, 2013, 10:53:44 PM
 #9

The price never really recovered from the drop to $50 and the chances of seeing anywhere near the ATH in the near future grows smaller by the day. Investor confidence is shook and people are getting out while they can.


hay
evolve
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May 01, 2013, 11:03:21 PM
 #10

I think it'll go down because well it just killed that $120 wall...

Definition of 'Bear'
An investor who believes that a particular security or market is headed downward.
http://www.investopedia.com/terms/b/bear.asp


Look in the mirror buddy.  Wink
smurf2094 (OP)
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May 02, 2013, 12:48:49 AM
 #11

I think it'll go down because well it just killed that $120 wall...

Definition of 'Bear'
An investor who believes that a particular security or market is headed downward.
http://www.investopedia.com/terms/b/bear.asp


Look in the mirror buddy.  Wink
I'm kinda like bull/bear. Sometimes I feel it'll go up, or down. I guess I'm a bear right now, but I just know you around the forum that you're basically a full time bear haha if that makes sense
evolve
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May 02, 2013, 01:07:00 AM
 #12

you're basically a full time bear

Nah, just since the price hit the high $20's or so (which was only about 4 months ago).
smurf2094 (OP)
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May 02, 2013, 01:49:56 AM
 #13

you're basically a full time bear

Nah, just since the price hit the high $20's or so (which was only about 4 months ago).
Ah okay. Is there any way to get notified when someone quotes me?
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