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freethink2013
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November 29, 2013, 10:34:57 PM |
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Confession - I went a little bit into fiat at 1215, so I am hoping for a bit of a correction.
Hey - it's no fees weekend, am I forgiven?
Honestly, I think you'll be lucky if we see triple digits again. I suspect a big 'crash' around 1500 but not sure it'll crash a third. |
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mike2kt
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Activity: 80
Merit: 10
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November 29, 2013, 10:35:02 PM |
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Well. So much for patterns and recent trends.  ...thou shall NOT drive your car looking back!!! All right?   But! But! But! A single reverse gear ratio is all I need! http://youtu.be/ftGaTPpRlDw |
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alexeft
Legendary
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Activity: 854
Merit: 1000
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November 29, 2013, 10:35:53 PM |
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Confession - I went a little bit into fiat at 1215, so I am hoping for a bit of a correction.
Hey - it's no fees weekend, am I forgiven?
No need to confess. In the heart of every bull they know deeply this is highly overvalued. You just have the balls to admit it. I have bowls!!! But I don't understand why the price is wrong so that it needs a correction!!! Would anyone care to give a logical explanation? |
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alexeft
Legendary
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Activity: 854
Merit: 1000
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November 29, 2013, 10:36:53 PM |
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Well. So much for patterns and recent trends. ...thou shall NOT drive your car looking back!!! All right? But! But! But! A single reverse gear ratio is all I need! http://youtu.be/ftGaTPpRlDwI'm sorry my friend but you and I live in a matrix where time only goes forward! Unfortunately! |
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kurious
Legendary
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Activity: 2618
Merit: 1749
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November 29, 2013, 10:37:59 PM |
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Confession - I went a little bit into fiat at 1215, so I am hoping for a bit of a correction.
Hey - it's no fees weekend, am I forgiven?
Honestly, I think you'll be lucky if we see triple digits again. I suspect a big 'crash' around 1500 but not sure it'll crash a third. I am not looking for three figures - I just figure this weekend will go up and down like a yo-yo and I have buy-backs set in the upper to mid 1100s. Just want more coins! |
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SheHadMANHands
Legendary
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Activity: 1168
Merit: 1000
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November 29, 2013, 10:39:54 PM |
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I'm as far from a bear as you can get. |
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kurious
Legendary
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Activity: 2618
Merit: 1749
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November 29, 2013, 10:44:38 PM |
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I'm as far from a bear as you can get. I have BULL written through me like a stick of rock, but I wanna play for more coins! I just don't think over 1200 will stick all night, sorry chaps! |
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freethink2013
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November 29, 2013, 10:46:27 PM |
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Confession - I went a little bit into fiat at 1215, so I am hoping for a bit of a correction.
Hey - it's no fees weekend, am I forgiven?
Honestly, I think you'll be lucky if we see triple digits again. I suspect a big 'crash' around 1500 but not sure it'll crash a third. I am not looking for three figures - I just figure this weekend will go up and down like a yo-yo and I have buy-backs set in the upper to mid 1100s. Just want more coins! Thanks to people like you market sentiment is 1k+ and you're right. Have to say, it's amazing how ew people realise it's about getting as many coins as possible rather than trying to make as much $ as possible. I think you have it spot on. My new revision/prediction: anything below 10k is cheap. |
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MoreFun
Legendary
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Activity: 952
Merit: 1003
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November 29, 2013, 10:48:09 PM |
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I'm as far from a bear as you can get. I have BULL written through me like a stick of rock, but I wanna play for more coins! I just don't think over 1200 will stick all night, sorry chaps! Numerous people wanted more coins with playing. Not so much of them really got what they wanted. Watch for bull. |
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OldGeek
Sr. Member
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Activity: 266
Merit: 250
Blitz:The price affects the perception of the news
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November 29, 2013, 10:52:52 PM |
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But I don't understand why the price is wrong so that it needs a correction!!!
Would anyone care to give a logical explanation?
I suppose the only explanation I can give is that I do a tad bit of day trading. So, I need small peaks and valleys. Sell near the top and rebuy near the bottom repeat as necessary. Most everyone here will acknowledge that the long-term trend is up. How far is up? None of us know for sure. Corrections seem to help keep the currency trading. Doesn't mean that a correction has to go deep to allow for profit taking. And consolidation at a lower level often means a larger climb. But this is bitcoin. What do I know? |
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alexeft
Legendary
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Activity: 854
Merit: 1000
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November 29, 2013, 10:55:30 PM |
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I love this diagram:  Wooooooooooooooooooooooooooooooooooooooshhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhh hhhhhhhhhh!!!!! |
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Vycid
Sr. Member
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Activity: 336
Merit: 250
♫ the AM bear who cares ♫
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November 29, 2013, 10:55:53 PM |
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I'm as far from a bear as you can get. Seems to be working out for you. |
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ChartBuddy
Legendary
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Activity: 2660
Merit: 2364
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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November 29, 2013, 11:02:57 PM |
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maz
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November 29, 2013, 11:06:38 PM |
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Confession - I went a little bit into fiat at 1215, so I am hoping for a bit of a correction.
Hey - it's no fees weekend, am I forgiven?
No need to confess. In the heart of every bull they know deeply this is highly overvalued. You just have the balls to admit it. I have bowls!!! But I don't understand why the price is wrong so that it needs a correction!!! Would anyone care to give a logical explanation? You need to stop viewing the term correction as a negative thing, markets rally up, correct down, consolidate, trend sideways, break out. All of which are healthy behavior. If the price continued to rise every day without fail, how would bitcoin every be used for commerce? From now on when someone says 'expect a correction' think 'yisss!' because a healthy correction will lead to a healthier continual growth. |
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micalith
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November 29, 2013, 11:11:28 PM |
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Due for a correction soon?  I liked it when it was a bit more linear looking.. Don't worry, it's linear on the log chart  |
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BTCSTOCKZ
Newbie
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Activity: 28
Merit: 0
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November 29, 2013, 11:12:03 PM |
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Confession - I went a little bit into fiat at 1215, so I am hoping for a bit of a correction.
Hey - it's no fees weekend, am I forgiven?
No need to confess. In the heart of every bull they know deeply this is highly overvalued. You just have the balls to admit it. I have bowls!!! But I don't understand why the price is wrong so that it needs a correction!!! Would anyone care to give a logical explanation? You need to stop viewing the term correction as a negative thing, markets rally up, correct down, consolidate, trend sideways, break out. All of which are healthy behavior. If the price continued to rise every day without fail, how would bitcoin every be used for commerce? From now on when someone says 'expect a correction' think 'yisss!' because a healthy correction will lead to a healthier continual growth. *exactly! ~ $BTC being hoarded by the elite until we hit//^ $10,000+ imho! =) |
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maz
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November 29, 2013, 11:12:26 PM |
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You need to open more tabs mate.
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SheHadMANHands
Legendary
Offline
Activity: 1168
Merit: 1000
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November 29, 2013, 11:13:02 PM |
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Damn, you are multitasking like a sonuvabitch. gg |
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OldGeek
Sr. Member
Offline
Activity: 266
Merit: 250
Blitz:The price affects the perception of the news
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November 29, 2013, 11:14:47 PM |
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Even an 'unhealthy' correction (say down to 500) could be a good thing. At that level many more people would/could buy in. And, since we know that it has been to 1220 once, it is likely to go there again.
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