olli
Member
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Activity: 89
Merit: 10
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November 24, 2013, 03:51:21 AM |
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lol @ goxer's... they are messing with play money and paying a lot of fees for their schemes... but china must not fall for it
Looks like not even stamp is falling for it. |
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alexout
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November 24, 2013, 03:52:54 AM |
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Looks like a bear trap and looks like lots of bears fell for it  |
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SheHadMANHands
Legendary
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Activity: 1168
Merit: 1000
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November 24, 2013, 03:55:31 AM |
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Looks like a bear trap and looks like lots of bears fell for it lots of dumb bears out there`  |
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Dargumin
Member
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Activity: 107
Merit: 10
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November 24, 2013, 04:00:50 AM |
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Tricky call what with the double top, once the 750 support broke on Gox I thought it was going to plummet. *Sigh of relief*
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seleme
Legendary
Offline
Activity: 2772
Merit: 1028
Duelbits.com
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November 24, 2013, 04:01:55 AM |
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well, dumper didn't have a chance to buy cheaper all he sold so if it is bear trap he failed. Probably MTGox cashed out a bit of their coins  |
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jojo69
Legendary
Offline
Activity: 3584
Merit: 5167
diamond-handed zealot
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November 24, 2013, 04:02:03 AM |
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oh man
is the show over already?
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Vycid
Sr. Member
Offline
Activity: 336
Merit: 250
♫ the AM bear who cares ♫
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November 24, 2013, 04:02:21 AM |
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Every aborted crash is extra confidence in the $800 level.
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nanobrain
Legendary
Offline
Activity: 1008
Merit: 1000
Dumb broad
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November 24, 2013, 04:03:11 AM |
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Back over 800 on stamp  |
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accord01
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November 24, 2013, 04:04:53 AM |
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bears are rare in china, only a handful of pandas left... lol @ dumpers @ 800 right now ... price is goign to balloon up to 900 by monday morning USA time
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Walsoraj
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November 24, 2013, 04:07:14 AM |
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.....  |
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accord01
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November 24, 2013, 04:07:29 AM |
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dilemna right now? should i buy more @ 800... i already bought @ 820, 800, 765, 775
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accord01
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November 24, 2013, 04:09:08 AM |
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quick i need an answer, before it goes over 800 and i can't afford any anymore
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jojo69
Legendary
Offline
Activity: 3584
Merit: 5167
diamond-handed zealot
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November 24, 2013, 04:09:43 AM |
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..... capitulation? |
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chriswilmer
Legendary
Offline
Activity: 1008
Merit: 1000
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November 24, 2013, 04:10:23 AM |
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Every aborted crash is extra confidence in the $800 level.
I agree, but this is also confusing for me. It feels like we are "burning in" the $800 price... and yet it is so high above the exponential growth trend line. *shrugs* I am just a buy & hold kind of guy, but my friends keep asking me if they should buy bitcoins, and I'm not sure what to tell them at these prices (... I always say yes, but I hesitate!) |
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olli
Member
Offline
Activity: 89
Merit: 10
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November 24, 2013, 04:11:23 AM |
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quick i need an answer, before it goes over 800 and i can't afford any anymore
buy buy buy Seriously, a few days ago, gox crashed from 900 to 460 and now we're back at around 800, which shows much resistance. No one knows, but I figure this will hold until we at least reach ~1000 |
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Voodah
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November 24, 2013, 04:13:52 AM |
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Every aborted crash is extra confidence in the $800 level.
I agree, but this is also confusing for me. It feels like we are "burning in" the $800 price... and yet it is so high above the exponential growth trend line. *shrugs* I am just a buy & hold kind of guy, but my friends keep asking me if they should buy bitcoins, and I'm not sure what to tell them at these prices (... I always say yes, but I hesitate!) I'm having the same dilemma a lot. I've thought about it. In the end, the answer is: BUY. It may not be this week, month, or year, but we'll surely be playing above 1k in 2015. |
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byronbb
Legendary
Offline
Activity: 1414
Merit: 1000
HODL OR DIE
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November 24, 2013, 04:14:16 AM |
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Every aborted crash is extra confidence in the $800 level.
I agree, but this is also confusing for me. It feels like we are "burning in" the $800 price... and yet it is so high above the exponential growth trend line. *shrugs* I am just a buy & hold kind of guy, but my friends keep asking me if they should buy bitcoins, and I'm not sure what to tell them at these prices (... I always say yes, but I hesitate!) Me too.Then again if they had asked me at $5 I would have said the same thing and been totally wrong. |
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gambitv
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November 24, 2013, 04:14:54 AM |
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Please buckle-up, we are in for extreme turbulence for a while as we approach 1000 feet, I mean us dollars per bitcoin.  and....  |
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StefanThePro
Newbie
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Activity: 46
Merit: 0
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November 24, 2013, 04:15:56 AM |
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For those who buy and hold, anything bought these days is just investment for the future.
Short-term traders can have lotsa fun riding these waves through the winter.
New-Years brings new cheers for us, as the value climbs.
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Vycid
Sr. Member
Offline
Activity: 336
Merit: 250
♫ the AM bear who cares ♫
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November 24, 2013, 04:16:48 AM |
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Every aborted crash is extra confidence in the $800 level.
I agree, but this is also confusing for me. It feels like we are "burning in" the $800 price... and yet it is so high above the exponential growth trend line. *shrugs* I am just a buy & hold kind of guy, but my friends keep asking me if they should buy bitcoins, and I'm not sure what to tell them at these prices (... I always say yes, but I hesitate!) The exponential trend line is a myth. Media awareness may grow at an exponential rate at first, but there is a "hype" effect that will cause it to eventually depart the exponential trajectory. I believe we are seeing that now: all time Google Trends high, it is showing up regularly on network news, etc. It's not reasonable to assume that we can go from occasional web journalism to news networks without departing the trend. Also, the amount invested by every individual joining the ecosystem will grow over time, since there's an intangible measure of "trustworthiness" Bitcoin gains by surviving each successive bubble. Trend lines are fantastic predictors of the past, but their predictive power for the future is not so simple; you are drawing this trend, then assuming that the trend is created by some fundamental mechanism of growth. Unless you are correct in the assumption of some fundamental mechanism which will continue into the future, the trend will fail to accurately predict. So really, without thinking about what the mechanisms of growth really are, it's just a blind guess. |
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