adamstgBit
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Activity: 1904
Merit: 1037
Trusted Bitcoiner
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July 07, 2013, 07:57:02 PM |
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But Dead Cat Bounce in 2011 was very large (much bulls believed that they were already at the bottom). To be fair, we sort of did bounce from $57 to $166, if that can be considered the 'dead cat bounce.' Think thats more like the 10 to 20 bounce, but of course this bubble isn't an exact replica of the last one. Oh, ok. I still think that $57 will be the bottom though. indeed to me, this crash is more like a bigger version of the priate40 crash at 16 down to 7 it was very violent a drop, and it went and touched bottom with the first knife the huge bull trap the slow slide down the rebound above the low of the init. crash now if we only wait a few months, if the pattern hold we be up 1,000%  Haha Believe it or not I was way more freaked out by that whole fork / tons of orphan block problem a while back than I am right now. Right now its just the free market being a free market and speculators being speculators. Back then we actually had a threat to bitcoin itself. bitcoin is very robust, even in the mists of a complete melt down, you can rest assured that your tx will go through, as soon as the bug fix version is issued it's truly amazing what we have here, bitcoin is definitely the first of a kind. |
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Spaceman_Spiff
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Activity: 1638
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₪``Campaign Manager´´₪
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July 07, 2013, 08:04:23 PM |
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Wait at 1:25 does he say that a bitcoin is worth $80,000 or am I hearing something wrong? Now that you mention it, it sounds that way  . Damn, I wish I was around in the studio at that time, would have gladly sold him a bitcoin or two  . EDIT: he might have meant "if a bitcoin becomes worth $80k, you can see how much those 5000 bitcoins would be worth". |
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Rampion
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Activity: 1148
Merit: 1018
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July 07, 2013, 08:05:09 PM |
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But Dead Cat Bounce in 2011 was very large (much bulls believed that they were already at the bottom). To be fair, we sort of did bounce from $57 to $166, if that can be considered the 'dead cat bounce.' Think thats more like the 10 to 20 bounce, but of course this bubble isn't an exact replica of the last one. Oh, ok. I still think that $57 will be the bottom though. indeed to me, this crash is more like a bigger version of the priate40 crash at 16 down to 7 it was very violent a drop, and it went and touched bottom with the first knife the huge bull trap the slow slide down the rebound above the low of the init. crash now if we only wait a few months, if the pattern hold we be up 1,000% Haha Believe it or not I was way more freaked out by that whole fork / tons of orphan block problem a while back than I am right now. Right now its just the free market being a free market and speculators being speculators. Back then we actually had a threat to bitcoin itself. Not worried at all during the fork, I bought a lot in fact. |
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Spaceman_Spiff
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₪``Campaign Manager´´₪
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July 07, 2013, 08:07:11 PM |
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Not worried at all during the fork, I bought a lot in fact.
Yeah, I fucked up during the fork, thought it would prematurely pop the bubble. Got really bullish when that didn't happen though. |
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Kazu
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July 07, 2013, 08:08:46 PM |
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Wait at 1:25 does he say that a bitcoin is worth $80,000 or am I hearing something wrong? Now that you mention it, it sounds that way . Damn, I wish I was around in the studio at that time, would have gladly sold him a bitcoin or two . Lol, I still don't know why they say they have to 'trust hackers', why not just actually go and read the sourcecode if you actually think that nobody would have pointed something like that out by now its open source for goodness sakes. Also what the heck is it with the term 'hacker' anyway, its like they want to tag him as evil for no reason whatsoever. |
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Kazu
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July 07, 2013, 08:09:32 PM |
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Not worried at all during the fork, I bought a lot in fact.
Yeah, I fucked up during the fork, thought it would prematurely pop the bubble. Got really bullish when that didn't happen though. I fucked up big time in the fork. I sold all my coins, and I had bought them all at $15 so I had a ton. Next chance I had to buy was at $90-ish then $110. So then I decided I wouldnt sell coins any more. |
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derpinheimer
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Activity: 896
Merit: 1000
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July 07, 2013, 08:17:44 PM |
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I'm sure everyone is seeing the blatant price manipulation right now. I dont mean, "In these past hours"
I mean, like, right now. In the past few minutes.
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MoreFun
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Activity: 1008
Merit: 1003
WePower.red
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July 07, 2013, 08:26:10 PM |
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I'm sure everyone is seeing the blatant price manipulation right now. I dont mean, "In these past hours"
I mean, like, right now. In the past few minutes.
What kind of manipulation, nothing happened in the past few mins? |
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seleme
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Duelbits.com
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July 07, 2013, 08:27:19 PM |
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Looks like someone is trying to build momentum for some dump. Can't see the reversal here though you never know with btc.
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derpinheimer
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Merit: 1000
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July 07, 2013, 08:29:00 PM |
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I'm sure everyone is seeing the blatant price manipulation right now. I dont mean, "In these past hours"
I mean, like, right now. In the past few minutes.
What kind of manipulation, nothing happened in the past few mins? Single player doing small buys and placing lots of 100+ bid walls on random values to incite a rally and/or bids above 70. I just restarted my computer and now I missed him pull all of them. Support on 70 went from 2.5k to 600 |
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weaknesswaran
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July 07, 2013, 08:32:04 PM |
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What do you think are the wall also controled by bots?
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ChartBuddy
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 Online
Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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July 07, 2013, 09:01:00 PM |
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Dalib
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Activity: 462
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A Top Web 3 Gaming Layer2 Provider
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July 07, 2013, 09:40:10 PM |
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Bitstamp: 70.00  |
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Loozik
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Activity: 378
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Born to chew bubble gum and kick ass
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July 07, 2013, 09:40:49 PM |
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Prepare for the price to: a) go slightly above 72 then b) drop quickly to 70.40 - 70.60 Next the train will leave the station heading north.  |
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ChartBuddy
Legendary
Online
Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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July 07, 2013, 10:00:53 PM |
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wonkytonky
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July 07, 2013, 10:05:58 PM |
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all buy before it's to late .. |
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chairforce1
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July 07, 2013, 10:11:16 PM |
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Prepare for the price to:
a) go slightly above 72
then
b) drop quickly to 70.40 - 70.60
Next the train will leave the station heading north.
Nice call |
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Loozik
Sr. Member
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Activity: 378
Merit: 250
Born to chew bubble gum and kick ass
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July 07, 2013, 10:14:53 PM |
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Prepare for the price to:
a) go slightly above 72
then
b) drop quickly to 70.40 - 70.60
Next the train will leave the station heading north.
Nice call Unfuckingbelievable, how could daddy Loozik possibly know what Mrs Market will do in 10 minutes? A. Is he friends with Mrs Market? B. It was daddy Loozik himself who manipulated Mrs Market market to buy cheap coins? C. daddy Loozik has a plan that he does not want anybody to know? D. He is just an entertainer? Who knows ? |
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solex
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100 satoshis -> ISO code
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July 07, 2013, 10:30:01 PM
Last edit: July 07, 2013, 10:48:07 PM by solex |
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all buy before it's to late .. I agree. People keep talking about lows in the 50s as if it hasn't happened since the $266. But it has been in the 50s twice. This was a much larger fall than the 2011 crash which initially went from $31 to $10 and took 2 months to go below that. Markets never do exactly the same thing. So this time the post-peak low looks to have happened fast. Today. three months on we have likely seen the nearest approach ($65) to the previous lows. Anyone at the end of 2013 looking at the market firmly above $100 will be kicking themselves for staying all out when it was trading at $70 |
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Dalib
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Activity: 462
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A Top Web 3 Gaming Layer2 Provider
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July 07, 2013, 10:34:37 PM |
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Prepare for the price to:
a) go slightly above 72
then
b) drop quickly to 70.40 - 70.60
Next the train will leave the station heading north.
Congratulations also to accurate predictions: a few comments: - Bulls demolished the bears wall to 72 - From cutting chips fell to 70.11 - Bulls stay ahead above the $ 70 that gave them the investor Mr. 5k - Bulls want to 75, then 80 within a few working days (only someone want 180;) - Bears goes short against the trend and they want to sell at the price at which they should buy, watch out for them... |
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