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adnanabbas
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January 07, 2014, 08:03:23 PM |
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BUY BUY BUY!!!!!!!!!!!!!!!
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QuestionAuthority
Legendary
 Offline
Activity: 2156
Merit: 1393
You lead and I'll watch you walk away.
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January 07, 2014, 08:06:11 PM |
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In order to use media to make trade decisions you would need to speak every world language fluently, subscribe to thousands of media formats and read them daily.
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adamstgBit
Legendary
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Activity: 1904
Merit: 1037
Trusted Bitcoiner
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January 07, 2014, 08:06:17 PM |
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BUY BUY BUY!!!!!!!!!!!!!!!
lol seriously you can feel it cant you  |
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windjc
Legendary
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Activity: 2156
Merit: 1070
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January 07, 2014, 08:08:07 PM |
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In my opinion, for this to be a "bull trap" and not a continuation of the upward rally from October, prices need to go below 380. Right??!! Otherwise this correction down from 1240 was a bear trap.
semantic arguments aside, i only call it a bulltrap because it is clear that the recent price gains were unsustainable and liable to be retraced in the coming weeks. 600s is not a retracement!! That's my point. 380 is a retracement. That is a HUGE difference. |
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magicmexican
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January 07, 2014, 08:08:27 PM |
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How likely is the scenario where in despite of "bad news" the market gets stubborn and bottoms higher than expected, therefore triggering more bullish movements?
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Richard Branson
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January 07, 2014, 08:09:33 PM |
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How likely is the scenario where in despite of "bad news" the market gets stubborn and bottoms higher than expected, therefore triggering more bullish movements?
Unlikely. But there are a few bots which push the price... The GOX bot was one example  Some big owner don't want the price to fall. But even they have a price. |
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dave3k
Full Member
Offline
Activity: 147
Merit: 100
Realbitcoin.info
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January 07, 2014, 08:10:57 PM |
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I'm buying (small amounts) now, everyone is expecting a drop... generaly means an increase  |
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MAbtc
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January 07, 2014, 08:12:06 PM |
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yeah, the newbs need to stop going around finding news to justify price movements. market forces are generally much more powerful on the mid-term scale anyway. what we're seeing is a healthy mid-term correction to a very large bulltrap. this shouldn't be news to anyone, although i know many didn't believe it when it was mentioned on the way up.
--arepo
Arepo at what price and for how many days does this apparent downtrend have to continue until the "very large bulltrap" is healthily corrected (I mean it's got to be to a minimum of touching what, $650 or something and overall last a couple of weeks minimum right?) ? Please can you be specific so we can see your method at work. I will be the first to congratulate you when we see the results. haha it's a little trickier than that, but as i have posted elsewhere, if the bubble paradigm holds then we will definitely see prices no lower than $450 and likely see prices no lower than $600. Then that's NOT a bull trap. Its just a correction wave on the way up to ATHs! Enough with this bulltrap crap. It just sounds condescending. If we want to take it to extremes, there is no such thing as a bull trap in bitcoin. But this isn't very useful for us in the short or mid term. The question is -- (short/mid term) reversal or not? If we were in a mid-term bear market, are we now entering a bull market? Or is this reversal not indicated? |
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damiano
Legendary
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Activity: 1246
Merit: 1000
103 days, 21 hours and 10 minutes.
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January 07, 2014, 08:13:12 PM |
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I'm buying (small amounts) now, everyone is expecting a drop... generaly means an increase I think the bottom was already hit, but we will see |
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proudhon
Legendary
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Activity: 2198
Merit: 1311
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January 07, 2014, 08:13:48 PM |
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I'm buying (small amounts) now, everyone is expecting a drop... generaly means an increase But have you read the latest confirmed bad news, verified in the links I provide. Read them yourself. It's over. |
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TheCoinBull
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January 07, 2014, 08:14:43 PM |
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Sorry to all I was not faithful on fulfilling my BTC to escrow. Had a major issue yesterday, where I'm currently at was hit with the biggest snowstorm in over 10+years on top of artic vortex temperatures...
Hello? CoinBull's back? What's all this about the worst blizzard in 10 years Coinbull? CoinBull what do you have to say for yourself? My coins froze??? |
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QuestionAuthority
Legendary
Offline
Activity: 2156
Merit: 1393
You lead and I'll watch you walk away.
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January 07, 2014, 08:16:28 PM |
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I'm buying (small amounts) now, everyone is expecting a drop... generaly means an increase But have you read the latest confirmed bad news, verified in the links I provide. Read them yourself. It's over. Oh well, it was nice while it lasted. Better sell to me now before it's too late. |
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simonk83
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January 07, 2014, 08:17:35 PM |
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Bitcoins dropping down  , wonder how deep... hope to buy in again at ~500$ I would shoot for around 700-750 range 500 is deff posible though Since you denied the previous bet , now that the snowstorm passed , are you willing to take one for the 500? I did not purp I did puposefully denied the bet, will still take at 750... no 500 is a little low At the original timeframe, sure. So a little under 24 hours left right? Looking forward to hearing your excuse. |
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seleme
Legendary
Offline
Activity: 2772
Merit: 1028
Duelbits.com
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January 07, 2014, 08:18:18 PM |
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yeah, the newbs need to stop going around finding news to justify price movements. market forces are generally much more powerful on the mid-term scale anyway. what we're seeing is a healthy mid-term correction to a very large bulltrap. this shouldn't be news to anyone, although i know many didn't believe it when it was mentioned on the way up.
--arepo
Arepo at what price and for how many days does this apparent downtrend have to continue until the "very large bulltrap" is healthily corrected (I mean it's got to be to a minimum of touching what, $650 or something and overall last a couple of weeks minimum right?) ? Please can you be specific so we can see your method at work. I will be the first to congratulate you when we see the results. +1 Haven't followed him up recently but Arepo had lot of bullshit calls back in April. April-May of this past year? that was when my methods finally started working consistently i wrote up a price report to great avail and my customers were very satisfied. i, myself, made 350% returns during the course of that period. i will concede that my work before that time period was very error-prone, however. i've been following bitcoin for 2.5 years and have been improving steadily along the way. do you have any specific qualms about my current analysis? yep, 2013. I haven't checked that one and I'm not really big fan of TA, just remember you had lot of wrong calls in short term analysis though being as confident as today |
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dave3k
Full Member
Offline
Activity: 147
Merit: 100
Realbitcoin.info
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January 07, 2014, 08:19:51 PM |
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I'm buying (small amounts) now, everyone is expecting a drop... generaly means an increase But have you read the latest confirmed bad news, verified in the links I provide. Read them yourself. It's over. Oh well, it was nice while it lasted. Better sell to me now before it's too late. China outlawing mining? Good time for me to get into mining? Lot less competition! |
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mmitech
Legendary
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Activity: 1148
Merit: 1001
things you own end up owning you
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January 07, 2014, 08:20:12 PM |
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In order to use media to make trade decisions you would need to speak every world language fluently, subscribe to thousands of media formats and read them daily.
I do keep up with a part of the media that matters to me but I try to do some researches before making any decision, I also look at the development around Bitcoin and that matters the most to me, in fact it matters to me more than just speculating about the price to try to catch some small gains in short term, although I try sometimes to jump in here and there but just for the fun of it. the price indicate a part of the successes... |
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JimboToronto
Legendary
Offline
Activity: 3990
Merit: 4421
You're never too old to think young.
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January 07, 2014, 08:20:29 PM |
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Anybody dare to guess the bottom ? $350 is it plausible ?
Gox? 926.1?  |
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Mythul
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January 07, 2014, 08:21:04 PM |
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Its back !
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simonk83
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January 07, 2014, 08:21:57 PM |
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Bitcoins dropping down , wonder how deep... hope to buy in again at ~500$ I would shoot for around 700-750 range 500 is deff posible though Since you denied the previous bet , now that the snowstorm passed , are you willing to take one for the 500? I did not purp I did puposefully denied the bet, will still take at 750... no 500 is a little low At the original timeframe, sure. So a little under 24 hours left right? Looking forward to hearing your excuse. Richy, still willing to escrow this? Coinbull made the bet, I don't see how a snowstorm changes anything about the timeframe, right? |
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magicmexican
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January 07, 2014, 08:23:00 PM |
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Bitcoins dropping down , wonder how deep... hope to buy in again at ~500$ I would shoot for around 700-750 range 500 is deff posible though Since you denied the previous bet , now that the snowstorm passed , are you willing to take one for the 500? I did not purp I did puposefully denied the bet, will still take at 750... no 500 is a little low At the original timeframe, sure. So a little under 24 hours left right? Looking forward to hearing your excuse. Richy, still willing to escrow this? Coinbull made the bet, I don't see how a snowstorm changes anything about the timeframe, right? Just put him on ignore, he is pretty much confirmed troll who doesnt even have 1 btc |
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