October ends in a day and a half and it doesn't look like we are going to reach $16k any time soon. (by soon I mean in a week) Maybe it will be different in November. We may try 8k one more time. Hopefully this will be the last time.
My feeling (of course, bitcoin is unpredictable, so I may be wrong) is that November will be no different and we will not see 5 figures any time soon (not this year, at least, not for a significant amount of time, short spikes are possible). The sudden spike on 26th was very impressive, but bitcoin failed to break out of downward channel, so I presume that it continues. I hope it will bounce up somewhere in $6500 to $5800 region...
Hahahahaha
There are always folks wanting to predict down
(or is it down before up?) in a bull market.
Go figuring ur lil selfies!!!!!!
I do not want it to go down. I would be very happy if it went parabolic, straight to $100K, but it is not going to happen.
Without disclosing too much I can say the following. I have some amount of coins which is large enough to consider it a major investment now (although the initial spendings were insignificant), but (at the current rate ) not large enough to change my lifestyle. Another tenfold rise will allow me to retire or at least not to have a full-time employment and work eight hours a day. But, although I think that such rise is not impossible (and even another tenfold increase after that, so I will certainly not sell everything at $100K if I ever see it), its probability in the observable future seems to be lower and lower. Right now I am contemplating a possibility of trading to complement my regular income without touching my main stash. No margin trading and certainly no shorting (I think simply shorting bitcoin is always too risky), but sometimes I think about hedging – buying bitcoin and simultaneously opening a short position to cover possible downward move, which seems to be very probable now. I think that in short term (months) we are in a bear market since July and there is no end of it in sight.
You seem to be a bit all over the place in your logic, and you really think that there is any kind of accuracy to say that bitcoin converted to a bear market in July? The more logical assertion would be to assert that the April to June price rise was a bull trap. Of course, not a convincing story, but flip flopping is even less convincing.
Hey do whatever you like in terms of shorting, or at least utilizing that tool if you really believe that odds are greater for down than up right now.
Even though you might feel more comfortable with a 10x BTC price appreciation, we surely don't need any kind of 10x price appreciation for people to be able to figure out ways to profit stupendously from being into btc.
As far as your desire to accumulate more BTC, you might well realize that there are ways just to play larger swings without engaging in too much gambling or too many needs to talk your book... but whatever, you can do what you like... I only have so much sympathy for seemingly illogical bear talk when we are way the fuck more likely to be in a bull market, and sure maybe I should not be losing my patience because it is possible that you are correct and bitcoin is so fucking irrational as to be flip flopping in the way that you (and various other disingenuous peeps, shills or seemingly retards) seem to be suggesting.
9k failed to hold, looks like we may be in the middle of a giant and very fast pump and dump. The pump had really low volume for how high it went and how fast, so I never trusted it.
We need to get some serious volume to prove the bargain boyz have really filled up their trucks.
You are getting a bit annoying with your ongoing wishful thinking DOWN talk, lambie.... Haven't you been wrong enough recently, especially with the 42% price rise in one day kind of fucking up the supposed downtrend? Also, in our rise to $13,880, I recall that you were down talking from about $7k and upwards and expecting a correction that did not end up happening until we got to nearly $14k.... Also, getting all CITEEEEEEEEEEE with any little tiny eeenie weeenie price move downward (even when largely insignificant and acting like there is some kind of down significance to normal range corrections after an upsurge)
almost like Alexander_Z (refer above).
Poll
