kwukduck's schrödinger cat

[quake313]

trolling or not he has a legendary status and has been on the forum for a long time, I wonder if he got burned sometime or he's just playing the bear but he's not a regular spammer for sure

I believe it has been established that the original kwukduck sold his account as apparently many other "legendary" posters have. Thus his status means nothing. His post history however, shows him to be a perma-bear and a troll.

[1713575194]

1713575194

[1713575194]

1713575194

[1713575194]

1713575194

[1713575194]

1713575194

[1713575194]

1713575194

[RodeoX]

For anyone who cares, here is what a real dead cat bounce is all about.

First a business that needs capitol issues a stock. They hope the market will highly value their stock and investors will buy up the stocks so they can stay in business.

Unfortunately their business idea is not very good and the stock price starts falling. Down, down it goes.
 
But... As it falls a few investors buy because the price is so low it may be worth a bet. At this point the price climbs a bit. but not a lot or for long. In fact the stock is still going to zero because the business will fail without the influx of investor money. That jump near the end is the bounce.

Bitcoin is different. It worked fine when the price was $0.06 and does not need your money to work. It is not a business with bills and employees to pay. It is a computer program. The only way for bitcoin to go to zero is if no people anywhere are using it.

In short, a dead cat bounce can only been seen after a collapse to zero. In other words, the cat has to die. 

So kwukduk has confused a Bear Trap with a Dead Cat Bounce?

I think that's a better term. A bear trap can happen to any stock, commodity, bond, etc. It could be a healthy asset that has been climbing but is now thought to be falling. The bear comes in and places short orders on the asset, which then goes up in price. If the bear has not placed a stop-loss on his order he is in for a big loss. And has fallen into a "bear trap".  

[zrataj]

I think he has a point there in his crash post.. One can clearly see that there was accumulation going on for at least the whole of 2015 at  ~250 $. So it is very possible it goes down to 500 or more ( 350 should be the lowest).

Source: Bitcoinwisdom, BTCe, BTC/USD, 3d, zoomout


Peace

[pooya87]

I think he has a point there in his crash post.. One can clearly see that there was accumulation going on for at least the whole of 2015 at  ~250 $. So it is very possible it goes down to 500 or more ( 350 should be the lowest).
Source: Bitcoinwisdom, BTCe, BTC/USD, 3d, zoomout
Peace

i see you are new to FUD, welcome to the list of FUDsters.
and yes he has a point, and there is always a shred of truth to all of them, that is what an old FUDster does. they use a real event with some truth thrown in there and then add the lies. it is 5% truth and 95% lie. a newbie will see all of it as truth but the rest of us see the bullshit.

your FUD is 110% bullshit that doesn't even make sense. continue trying though it is fun to see others try

[jaberwock]

I think he has a point there in his crash post.. One can clearly see that there was accumulation going on for at least the whole of 2015 at  ~250 $. So it is very possible it goes down to 500 or more ( 350 should be the lowest).

Source: Bitcoinwisdom, BTCe, BTC/USD, 3d, zoomout


Peace

Just a matter of perspective. We don't know what will be the next high, maybe somewhere in the future, this year or next, the price will be close to $5k, so current level will be like $200 from 2015

[zrataj]

I think he has a point there in his crash post.. One can clearly see that there was accumulation going on for at least the whole of 2015 at  ~250 $. So it is very possible it goes down to 500 or more ( 350 should be the lowest).
Source: Bitcoinwisdom, BTCe, BTC/USD, 3d, zoomout
Peace

i see you are new to FUD, welcome to the list of FUDsters.
and yes he has a point, and there is always a shred of truth to all of them, that is what an old FUDster does. they use a real event with some truth thrown in there and then add the lies. it is 5% truth and 95% lie. a newbie will see all of it as truth but the rest of us see the bullshit.

your FUD is 110% bullshit that doesn't even make sense. continue trying though it is fun to see others try

Yet you didn't provide a single fact, so I will tell you one: the number of my posts on this forum doesen't reflect my knowledge about bitcoin. And another fact: there's not only HODLER's, there are traders too. They will take profit, no matter of FUD or your personal feelings.

But what do I know...

[zrataj]

I think he has a point there in his crash post.. One can clearly see that there was accumulation going on for at least the whole of 2015 at  ~250 $. So it is very possible it goes down to 500 or more ( 350 should be the lowest).

Source: Bitcoinwisdom, BTCe, BTC/USD, 3d, zoomout


Peace

Just a matter of perspective. We don't know what will be the next high, maybe somewhere in the future, this year or next, the price will be close to $5k, so current level will be like $200 from 2015

It's not a matter of perspective, it's a matter of FACT. I can only suggest you learn to deal with the facts. And to be CLEAR: I didn't say what will happen, because I don't have a crystal ball. I only said what is possible, based on history and facts.