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Author Topic: Is this the crash/correction?  (Read 1067 times)
BitcoinRate.com (OP)
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February 12, 2013, 10:59:13 PM
 #1

Is this the beginning correction/crash happening right now?


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February 12, 2013, 11:00:49 PM
 #2

Its the weekday dip. Nothing new here.
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February 12, 2013, 11:02:22 PM
 #3

WE HAVEN'T EVEN HIT THE DAILY LOW YET

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BitcoinRate.com (OP)
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February 12, 2013, 11:04:09 PM
 #4

WE HAVEN'T EVEN HIT THE DAILY LOW YET

True Smiley

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February 12, 2013, 11:05:17 PM
 #5

WE HAVEN'T EVEN HIT THE DAILY LOW YET

INB4 we hit the daily low...
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February 12, 2013, 11:13:23 PM
 #6

I'll jump into my time machine and get back to you.

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February 12, 2013, 11:24:04 PM
 #7

I'll jump into my time machine and get back to you.

I'll wait!

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February 12, 2013, 11:30:57 PM
 #8

yes it is sell sell fast last chance it will never be at $24.5 again EVAR sell or lose all!

i am satoshi
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February 12, 2013, 11:36:45 PM
 #9

I've noticed some traits common to every crash/correction.

1. Before the crash, there is an above-average rate of increase.
2. The crash begins with a sudden drop wiping out a day of growth.
3. Someone somewhere panics and says "is this the crash?".
4. The crash suddenly stops and then a sudden spike wipes out half the crash.
5. Someone elsewhere stops panicking and says "no it isn't a crash; look it's going up again".
6. The crash suddenly restarts and this time crashes very far.
7. Eventually, the crash ends and the cycle begins again.
LanYu
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February 12, 2013, 11:49:34 PM
 #10

No, it is just another couple bears getting smoked out of the forest
BitcoinRate.com (OP)
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February 12, 2013, 11:50:57 PM
 #11

I've noticed some traits common to every crash/correction.

1. Before the crash, there is an above-average rate of increase.
2. The crash begins with a sudden drop wiping out a day of growth.
3. Someone somewhere panics and says "is this the crash?".
4. The crash suddenly stops and then a sudden spike wipes out half the crash.
5. Someone elsewhere stops panicking and says "no it isn't a crash; look it's going up again".
6. The crash suddenly restarts and this time crashes very far.
7. Eventually, the crash ends and the cycle begins again.

Ah guess we are at #5 right now then it's already back up...

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zoinky
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February 12, 2013, 11:51:59 PM
 #12

I've noticed some traits common to every crash/correction.

1. Before the crash, there is an above-average rate of increase.
2. The crash begins with a sudden drop wiping out a day of growth.
3. Someone somewhere panics and says "is this the crash?".
4. The crash suddenly stops and then a sudden spike wipes out half the crash.
5. Someone elsewhere stops panicking and says "no it isn't a crash; look it's going up again".
6. The crash suddenly restarts and this time crashes very far.
7. Eventually, the crash ends and the cycle begins again.

Ah guess we are at #5 right now then it's already back up...
In that case you should sell.
Xian01
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February 12, 2013, 11:53:42 PM
 #13

Is this the beginning correction/crash happening right now?

OMG ! YES !!! SELL SELL SELL ! It's all down-hill from here !!!

ಠ_ಠ
humanitee
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February 13, 2013, 01:36:52 AM
 #14

WE HAVEN'T EVEN HIT THE DAILY LOW YET

INB4 we hit the daily low...

...

Quoted for awesomeness

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Fast, Secure, and Fully

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─────────────────────────
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─────── LAB
&█████████████████████████████████ █  ███
█▀    ▀█  ███▀▀▀▀▀████████  ████▀▀███▀ █
█  █████    ▄▄▄▄▄  █  ▀  █    ███  █  ██
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February 13, 2013, 03:26:35 PM
 #15

Sustained rallies have to have occasional corrections. I wouldn't refer to it as THE correction, just A correction.
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