SURPRISE! Dead cat bounce.

[kwukduck]

LOL who would have expected that! Total supririse.
Sorry i'm laughing my *ss off here.

[Amph]

dead cat bounce of 4-5 usd? really, basically nothing changed, why all the fuss about a meaningless price correction?

[Cluster2k]

Relax, bitcoin is running just fine.  Maybe $200 to $240 is the natural price range for the next few years.  Few people have a problem with that, except fly by night speculators who want the price to double every few weeks.

[Feri22]

[RodeoX]

It was $222 a week ago and $240 at the moment.   

That is a greater increase in price than any other thing I can think of. Any stock, commodity, fund, precious metal. Can anyone think of anything that has rallied so much in the past week?

[afbitcoins]

LOL who would have expected that! Total supririse.
Sorry i'm laughing my *ss off here.

kwukduck this collapse of a huge $4 is a great buying opportunity. Buy when there is blood in the streets. go long my friend. join in the fun

[NUFCrichard]

It was $222 a week ago and $240 at the moment.   

That is a greater increase in price than any other thing I can think of. Any stock, commodity, fund, precious metal. Can anyone think of anything that has rallied so much in the past week?

Hey I'm a bull, but lets face it, I haven't checked the price in the last 45 seconds so for all I know we have lost that $18 rise again in a flash crash!

Volatility is a bad thing about Bitcoin, it means that people can always come on and say that it has had a great week or a bad week, but the long term trend is much more important, and unfortunately that is down down down

[RodeoX]

It was $222 a week ago and $240 at the moment.   

That is a greater increase in price than any other thing I can think of. Any stock, commodity, fund, precious metal. Can anyone think of anything that has rallied so much in the past week?

Hey I'm a bull, but lets face it, I haven't checked the price in the last 45 seconds so for all I know we have lost that $18 rise again in a flash crash!

Volatility is a bad thing about Bitcoin, it means that people can always come on and say that it has had a great week or a bad week, but the long term trend is much more important, and unfortunately that is down down down

True. It could go anywhere. Volatility is hard, but this wildness is because it's unregulated and free. The price is what it is, a reflection of supply and demand with no controls. The market will find the right price, not the speculators.

[Natalia_AnatolioPAMM]

Relax, bitcoin is running just fine.  Maybe $200 to $240 is the natural price range for the next few years.  Few people have a problem with that, except fly by night speculators who want the price to double every few weeks.

good price for bitcoin to circulate and spread more and more across the globe. wholeheartedly agree, the price may stay in this range for a while

[5970]

Many are waiting for sub 200 to get back in ... will they get it?

[ssmc2]

SURPRISE! Kwukduk's trollin again.

 

[tokeweed]

LOL I love that pic!

[kwukduck]

Many are waiting for sub 200 to get back in ... will they get it?

I am quite sure about that. These dead cat bounces happen all the time. But the general down trend is still very strong and selling pressure is only growing. We are already back again on the slippery slope of about -3% daily.

[Blazr]

kwukduck, have you ever been correct with any of your predictions? I skipped through some of your posts and it doesn't seem like it!

[inca]

kwukduck, have you ever been correct with any of your predictions? I skipped through some of your posts and it doesn't seem like it!

He is a quite useful barometer of what not to do.

[Q7]

At least the price is higher than a week ago. Practically I don't mind if the price goes up, retrace a bit and then continue to go climb further. And as long as it is maintaining this way until the halving next year, that is more than a bonus. Just look at it long term if you will.

[1Referee]

kwukduck, have you ever been correct with any of your predictions? I skipped through some of your posts and it doesn't seem like it!

He is a quite useful barometer of what not to do.

This. He has proven to be a highly active member of Bear Force One for quite some time now. Usually when people guess wrong, they stop doing any effort, but not kuckduck  

[minerpumpkin]

Many are waiting for sub 200 to get back in ... will they get it?

In retrospect it totally looks like the situation back in 2011 when people were waiting for sub $2 and even sub $1 coins. Those coins never came, and I guess many people must have gotten pretty angry about that. Shorting and waiting for lower prices is all well and fun, until the trend reverses.

[solstoce]

U must be new here baby bounce lol

[RodeoX]

It's no surprise to me that the price has gone up.