BTC/USD: Ready for "The Running of the Bears"?

[smoothie]

However, there's another scenario which might take place. It might be that there's still enough money on the sidelines to drive this higher. If that is indeed the case, we're probably going to see the alternative crash scenario play out. The final "oomph!" before the blowout. Much like silver's huge over-night jump before the 2011 correction, we might see bitcoin tack on another +$25 and reach for the $100 mark (a key psychological level). If it plays out this way, the following crash will be much worse and longer-lasting than if it just goes ahead and corrects here.

hahaha, so basically, your TA loks like a politian's speech. You cover all the angles just so you're not "wrong" ever! hahahha
Sorry I broke my promise of not giving you shit, but you deserve every bit of it, especially with your follow up comments...
How are those profits working for you? did you make enough to fix your car?

+1 totally...lol Political TA

[smoothie]

Let the backpedaling begin!!!

[ATC777]

This is what you call playing the fence so you are never wrong...


"well maybe this...maybe that...but definitely going to sell my bitcoins to buy back lower...blah blah blah"

OWNED! 

You must be a premature ejaculator too...

Being bearish is not playing the fence. I told you that if it makes one big stupid jump to 100 or beyond you'd better be damned careful, and here you are pretending the battle is won. It's not.

[smoothie]

This is what you call playing the fence so you are never wrong...


"well maybe this...maybe that...but definitely going to sell my bitcoins to buy back lower...blah blah blah"

OWNED! 

You must be a premature ejaculator too...

Being bearish is not playing the fence. I told you that if it makes one big stupid jump to 100 or beyond you'd better be damned careful, and here you are pretending the battle is won. It's not.

Battle is won, you sold at $75 ish...

How is your Politician's Technical Analysis working out for you? 

Awww you had to resort to "dick" jokes ....sad just sad lol

[BitcoinTate]

Of course, we will be waiting a few years till 10k$. Then will bump this thread again.

By a few you mean less than 3 right?

[Crazy]

ATC has been pretty respectable from what I've seen, and he doesn't seem to be playing the fence. Why must the bulls act like bratty children?

[ATC777]

Battle is won, you sold at $75 ish...

I started selling at 75... when I buy or sell coins I do so in "pyramid" fashion, much like when I trade stocks in a cash account (because there's no leverage here either). My last sale was at $96.XX-something. I knew I wasn't going hit the "perfect top" (trying to do so is a great way to fuck up), but I got a good average price for my coins. Now I have time and comfort to sit here and watch the... slaughter?  

How is your Politician's Technical Analysis working out for you?  

Great! It has been very lively, and attracted lots of your kind.

If I had to say so... I would say that you're actually the one who plays the fence with your troll mask. Just like when you were wrong about the Litecoins, you pull out the troll mask and say "NOOOO I WAS JUST TROLLIN GUYS!!!" and use it to cover up your mistakes. I suspect you'll do the same when bitcoin gets taken to the woodshed.

Awww you had to resort to "dick" jokes ....sad just sad lol

lulz

[smoothie]

Battle is won, you sold at $75 ish...

I started selling at 75... when I buy or sell coins I do so in "pyramid" fashion, much like when I trade stocks in a cash account (because there's no leverage here either). My last sale was at $96.XX-something. I knew I wasn't going hit the "perfect top" (trying to do so is a great way to fuck up), but I got a good average price for my coins. Now I have time and comfort to sit here and watch the... slaughter?  

How is your Politician's Technical Analysis working out for you?  

Great! It has been very lively, and attracted lots of your kind.

Awww you had to resort to "dick" jokes ....sad just sad lol

lulz

lol all I see is bears getting slaughtered.

Please bring more of your Political TA to the table. It is entertaining. Oh and it isnt just me calling you out on your wishy washy TA.

lol

[ATC777]

lol all I see is bears getting slaughtered.

Actually, this bear is enjoying a beautiful morning, doing a bit of coding and hasn't got a care in the world. 

Please bring more of your Political TA to the table. It is entertaining. Oh and it isnt just me calling you out on your wishy washy TA.

Yeah, you and deathcode need not send me a wedding invitation... I'm just happy you've found each other and have so much in common. 

[deathcode]

FACTS:

"Last time I was uncertain about what was to come... but this time I'm going to go out on a limb and make you a clear-cut suggestion: sell. I'm selling. We've all made a lot of money, and no one has ever been hurt taking a profit. Profit is money you didn't have before, and now you have it. So take it off the table and enjoy it. You can stay in the shark pool if you want, but do so at your own peril. It looks like the correction is indeed very close -- no one has infinite money to keep pushing the price to infinity, so a correction is going to happen. If you're patient and smart, you might be able to buy back your bitcoins in the $30s or $40s in another 7-14 days.... or at least in the 50s. So I think the smartest move you can make is to de-risk and go have some fun with your not-so-hard-earned money. :-)"

WRONG Advice!!! ---- FACT!

Let's cover the OP's butt:

"However, there's another scenario which might take place. It might be that there's still enough money on the sidelines to drive this higher. If that is indeed the case, we're probably going to see the alternative crash scenario play out. The final "oomph!" before the blowout. Much like silver's huge over-night jump before the 2011 correction, we might see bitcoin tack on another +$25 and reach for the $100 mark (a key psychological level). If it plays out this way, the following crash will be much worse and longer-lasting than if it just goes ahead and corrects here. The reason is because a LOT more people will get burned a LOT worse and lose a LOT more money. So it will scare off a lot of newbies and people will be scared to re-enter the market for some time. So I hope it doesn't pan out this way."

So, since the OP's first suggestion FAILED MISERABLY and he seemed to feel very strongly about his first suggestion since he sold at $75, let's try the second scenario just in case he gets slaughtered.
But wait  minute... Here comes the second "scenario"... at this point, I don't really care about his kind explanations anymore. I just want to see his "knowledge" of years and years of experience (mind you he's 24) completely obliterated by real life and teach him a humility lesson. Dude, there's nothing wrong in admitting you were wrong, and I hope this serves as a lesson. Everyone thinks they know everything and they are the shit when they are 16 (in my case it didn't last until 24 but everyone's different)
But I'm sure this will teach you a lesson and you will be wiser in the future when people tell you you're wrong.
I'm not going to brag anymore, I made bad investment decisions however I got in the game later in life so I wasn't suggesting things to people because I was never qualified, and you shouldn't either because you obviously aren't to understand this technology.
Best of luck in the future!

[smoothie]

lol all I see is bears getting slaughtered.

Actually, this bear is enjoying a beautiful morning, doing a bit of coding and hasn't got a care in the world. 

Please bring more of your Political TA to the table. It is entertaining. Oh and it isnt just me calling you out on your wishy washy TA.

Yeah, you and deathcode need not send me a wedding invitation... I'm just happy you've found each other and have so much in common. 

Nice try to deflect buddy lol. Your insults do nothing haha.

Who do you think you're talking to?...lol i'm the troll of trolls.

Please try harder. Thanks

[ATC777]

Lol looks like someone is angry now  

I don't even have time to read that crap... I told you this super-rally is nearing its end... I said it may just break down quickly in a more orderly decline, or we might have a blow-off top. I spoke about it in terms of a couple weeks. It's only April 1. We're now in the midst of the blow-off top I warned you was a possibility.

^ No straddling the fence. Net bearish was, net bearish remains... Enjoy.  

[deathcode]

lol all I see is bears getting slaughtered.

Actually, this bear is enjoying a beautiful morning, doing a bit of coding and hasn't got a care in the world. 

Please bring more of your Political TA to the table. It is entertaining. Oh and it isnt just me calling you out on your wishy washy TA.

Yeah, you and deathcode need not send me a wedding invitation... I'm just happy you've found each other and have so much in common. 

And yes, you are 24 and you act like one

[smoothie]

Lol looks like someone is angry now  

I don't even have time to read that crap... I told you this super-rally is nearing its end... I said it may just break down quickly in a more orderly decline, or we might have a blow-off top. I spoke about it in terms of a couple weeks. It's only April 1. We're now in the midst of the blow-off top I warned you was a possibility.

^ No straddling the fence. Net bearish was, net bearish remains... Enjoy.  

You definitely act your age lol

Keep telling yourself that I am angry that my bitcoins are worth $100+ and haven't sold.

Yes I'm so angry i am making profits > than yours. 

[deathcode]

Lol looks like someone is angry now  

I don't even have time to read that crap... I told you this super-rally is nearing its end... I said it may just break down quickly in a more orderly decline, or we might have a blow-off top. I spoke about it in terms of a couple weeks. It's only April 1. We're now in the midst of the blow-off top I warned you was a possibility.

^ No straddling the fence. Net bearish was, net bearish remains... Enjoy.  

"No straddling the fence. Net bearish was, net bearish remains... Enjoy."

"I agree. I'm bullish on BTC/USD long-term"  - March 24, 2013, 11:21:56 PM

You don't even know what you're saying anymore dude, I think you're better off unplugging from the Internet for a while, it's eating up your brain LMAO.
I hope it doesn't affect your "coding" abilities and not sure what do you mean by coding, but that's a whole different topic...
You're lucky employers can't see all this arguments, otherwise you'd be looking for a while!

[ATC777]

You don't even know what you're saying anymore dude, I think you're better off unplugging from the Internet for a while, it's eating up your brain LMAO.
I hope it doesn't affect your "coding" abilities and not sure what do you mean by coding, but that's a whole different topic...
You're lucky employers can't see all this arguments, otherwise you'd be looking for a while!

Lol I don't know what I'm saying? And you're the one who doesn't understand the difference between long-term and short-term? Haaa...

Here's an example:
http://qvmgroup.com/invest/2013/01/20/goldman-sachs-short-term-bullish-long-term-bearish-call-on-gold/

^ But I guess Goldmann-Sachs is stupid too?  

It's very common for someone to have a different opinion about the long-term potential of an asset from what they expect in the immediate short-term time-horizon...

By "coding" I mean developing software. I write C, C++, C# and some assembly language.

[ATC777]

At what prices are you going to start buying in again? As it goes up, where do you admit you were wrong and buy back in, or as it goes back down where do you start getting back in?

If the rally just continues on from here without looking back then I will have been "wrong". There's not a "magic number of wrongness", but rather it would be time and stability that could prove me wrong. But thinking about this in terms of "right" and "wrong" is a bad way to think of it. No one can always be right, and everyone should prepare to be wrong... you can be "wrong" for the "right" reasons (e.g., reducing your risk/exposure to prepare for retirement and missing a big rally in stocks) and vice-versa (e.g., getting lucky on a big gamble).

But I'm still holding my position, still a bear/skeptic. Exhaustion move is in play and eagerly anticipating some interesting action in the days to come. :-)

[ATC777]

You didn't answer my question at all. Either the price will go up or it will go down, do you have a price where you start buying back in?

To the downside or the upside? You didn't specify so I didn't know how to answer...

[mobodick]

At what prices are you going to start buying in again? As it goes up, where do you admit you were wrong and buy back in, or as it goes back down where do you start getting back in?

If the rally just continues on from here without looking back then I will have been "wrong". There's not a "magic number of wrongness", but rather it would be time and stability that could prove me wrong. But thinking about this in terms of "right" and "wrong" is a bad way to think of it. No one can always be right, and everyone should prepare to be wrong... you can be "wrong" for the "right" reasons (e.g., reducing your risk/exposure to prepare for retirement and missing a big rally in stocks) and vice-versa (e.g., getting lucky on a big gamble).

But I'm still holding my position, still a bear/skeptic. Exhaustion move is in play and eagerly anticipating some interesting action in the days to come. :-)

I think you specifically said:

Last time I was uncertain about what was to come... but this time I'm going to go out on a limb and make you a clear-cut suggestion: sell. I'm selling.

If people would have sold then then they would have lost massive ammounts of value.

Combined with the fact that all your tools were pointing in the wrong direction i'd say that your advice was of a pretty amazingly magical number of wrongness.

[deathcode]

You didn't answer my question at all. Either the price will go up or it will go down, do you have a price where you start buying back in?

To the downside or the upside? You didn't specify so I didn't know how to answer...

Either the price will go up or it will go down, do you have a price where you start buying back in?
Either the price will go up or it will go down, do you have a price where you start buying back in?
Either the price will go up or it will go down, do you have a price where you start buying back in?

Should we tried a different language? Maybe french??? Spanish?
I don't know, because in english that's a very clear question and before that, it was a clearly stated as well:

"At what prices are you going to start buying in again? As it goes up, where do you admit you were wrong and buy back in, or as it goes back down where do you start getting back in?"

Are you sure you went to school?

Man, I can only imagine your coding.... LOL