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Author Topic: How can you be optimistic short term at this point?  (Read 1671 times)
bootlace
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April 12, 2013, 03:55:37 AM
 #1

-Had a chance to break out of the price before freezeout, clearly no euphoria this time to send price higher
-Clear bull trap was playing out, and we were heading lower
-Mtgox has failed over and over again and probably making the average Joe say "This shit aint worth it" right about now
-Mad instability, which bigger investors will want to stay clear of even if it means having to pay higher prices later
-Mainstream media probably going to town with the 'bubble bursting' + 'hacks' experienced by Gox
-Weekend coming up and hence no new money coming in

There's not ONE good short term news that I can see right now, any bulls care to fill me in?

Disclaimer: Have 0 position in BTC at the moment.

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April 12, 2013, 03:57:04 AM
 #2

I suggest obtaining BTC for their purchasing power, not their exchange rate into USD.
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April 12, 2013, 03:57:11 AM
 #3

The ability to buy and sell within the shallow basin?

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April 12, 2013, 04:03:06 AM
 #4

Good news: I don't have any BTC at the moment.
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April 12, 2013, 04:04:49 AM
 #5

Good news: I don't have any BTC at the moment.

Neither do I... But I have sell orders all the way down i'm unsure about.

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April 12, 2013, 04:05:05 AM
 #6

At the end of this, Bitcoin will be worth more than it was in the summer of 2011. Now that was a crash.
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April 12, 2013, 04:06:39 AM
 #7

mtgox says its a DoS. not their fault.

There is little anyone can to do about that.
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April 12, 2013, 04:12:06 AM
 #8

It's always an attack. That's a very convenient excuse.
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April 12, 2013, 04:15:22 AM
 #9

People are trying to ruin the market..

And it'll work. I'm selling ASAP if I bought any by accident once gox comes back online.

Then I'll buy back when we hit the single digits

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April 12, 2013, 04:17:50 AM
 #10

virwox.com and other exchanges are still running smooth.  why not learn to use those?



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bootlace
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April 12, 2013, 04:19:46 AM
 #11

Seems like there aren't ANY bulls right now on the speculation subforums, even Smoothie is MIA. That's probably a good indicator as any that shit is about to get alot worse before it gets any better.

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April 12, 2013, 04:19:55 AM
 #12

virwox.com and other exchanges are still running smooth.  why not learn to use those?

Not all. Bitfloor is down and BTC-e is intermittent.

Do as thou wilt shall be the whole of the law.
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April 12, 2013, 04:29:10 AM
 #13

short term bulls most likely have sufficient USD holdings right now and are looking to profit from the volatile upswings while waiting for the bottom to find itself?
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April 12, 2013, 04:33:01 AM
 #14

Good news: I don't have any BTC at the moment.

Neither do I... But I have sell orders all the way down i'm unsure about.

Sell orders of usd?

ASIC miners available for purchase

Those who serve best, profit most.
Manticore
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April 12, 2013, 04:33:07 AM
 #15

Is this the success lag? The panic sell lag? The DDoS lag? Or, the market manipulator lag?

The DDoS lag? Same lag, different excuse.
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April 12, 2013, 04:38:59 AM
 #16

I'm so sorry I'm late for our anniversary dinner, honey. I was DDoSed on the way over here.

I will start incorporating the DDoS excuse into everyday situations. If it's good for Gox....it's good for me.
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April 12, 2013, 04:41:09 AM
 #17

If you're in it for the short term you're doing it wrong

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gusti
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April 12, 2013, 04:47:56 AM
 #18

DDOS don´t excuse the suckers pressing the sell button like panicking bitches.
They all deserve to stay with fiat money.

If you don't own the private keys, you don't own the coins.
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April 12, 2013, 04:49:01 AM
 #19

coins going for ~$97 on virwox.  sorry you guys don't know how to utilize multiple exchanges... you're only hurting yourselves.



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.CoinMetro, a-one-of-a-kind, licensed, financial platform that.....
.
will fuel the future of blockchain innovation.............................

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Nesetalis
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April 12, 2013, 04:50:41 AM
 #20

like 2011... like 2013... :p
I purchased a handful of bitcoins at 25-40$ on virwox... then sold again at 97... then purchased more around 60... and... hey its an exchange!

ZOMG Moo!
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