wachtwoord
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Activity: 2338
Merit: 1136
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December 24, 2013, 07:30:38 PM |
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this is by far the slowest bitcoin crash in recorded history
 Animated gifs don't work? https://i.imgur.com/Q2aMI.gif |
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Sitarow
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Activity: 1792
Merit: 1047
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December 24, 2013, 07:33:52 PM |
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mobile
Sr. Member
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Activity: 400
Merit: 250
the sun is shining, but the ice is still slippery
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December 24, 2013, 07:42:29 PM |
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Slow crash? What crash? I assume you guys are looking at the longer time intervals or I missed the punch line?
Reading through this thread & receiving bitcoin related news via google alerts we see a number of corporate merchants making announcements of the acceptance of BTC or the planned acceptance. Shouldnt we be buying up more BTC at these prices? Dont get me wrong, Ive made my share of purchases just under $500 and have a number of buy orders set well below that but when BTC hit its peak, dropped to 500ish-600ish briefly before spiking up to the 1000's again, I remember thinking "I should of bought more @$600." Anyways, that was just some stream of thought there with the main point being placed on this "trendy merchant adoption" is interesting to see manifest.
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dgarcia
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December 24, 2013, 08:26:25 PM |
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this is by far the slowest bitcoin crash in recorded history
Following my calculations we will find the bottom at 325 in the year 2024 ;-) So, patience please! |
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Robert Lewandowski
Sr. Member
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Activity: 420
Merit: 250
Bayern
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December 24, 2013, 08:29:29 PM |
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dgarcia
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December 24, 2013, 08:33:16 PM |
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 He's sleeping. Chance for breakout! |
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TERA
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December 24, 2013, 08:33:55 PM |
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Slow crash? What crash? I assume you guys are looking at the longer time intervals or I missed the punch line?
Reading through this thread & receiving bitcoin related news via google alerts we see a number of corporate merchants making announcements of the acceptance of BTC or the planned acceptance. Shouldnt we be buying up more BTC at these prices? Dont get me wrong, Ive made my share of purchases just under $500 and have a number of buy orders set well below that but when BTC hit its peak, dropped to 500ish-600ish briefly before spiking up to the 1000's again, I remember thinking "I should of bought more @$600." Anyways, that was just some stream of thought there with the main point being placed on this "trendy merchant adoption" is interesting to see manifest.
Well its hard to calculate what the valuation should be. For all we know the recent price is pumped up 20x by speculators and china. So just because there is good news doesn't mean the correct valuation is automatically higher than where it is at now. I think all this bull stuff is the only thing holding the price up right now on twigs on low volume. I don't want to be in when the flow stops and the downtrend violently resumes. |
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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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December 24, 2013, 08:35:28 PM |
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this is by far the slowest bitcoin crash in recorded history
Following my calculations we will find the bottom at 325 in the year 2024 ;-) So, patience please! did you just say calculations ? you mean predictions right ? I wont jump to conclusions but I will ask you to share your "calculations" with us, can you please ? I am really curious ! |
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freethink2013
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December 24, 2013, 08:38:28 PM |
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this is by far the slowest bitcoin crash in recorded history
Following my calculations we will find the bottom at 325 in the year 2024 ;-) So, patience please! did you just say calculations ? you mean predictions right ? I wont jump to conclusions but I will ask you to share your "calculations" with us, can you please ? I am really curious ! whoosh |
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alexeft
Legendary
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Activity: 854
Merit: 1000
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December 24, 2013, 08:38:33 PM |
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Slow crash? What crash? I assume you guys are looking at the longer time intervals or I missed the punch line?
Reading through this thread & receiving bitcoin related news via google alerts we see a number of corporate merchants making announcements of the acceptance of BTC or the planned acceptance. Shouldnt we be buying up more BTC at these prices? Dont get me wrong, Ive made my share of purchases just under $500 and have a number of buy orders set well below that but when BTC hit its peak, dropped to 500ish-600ish briefly before spiking up to the 1000's again, I remember thinking "I should of bought more @$600." Anyways, that was just some stream of thought there with the main point being placed on this "trendy merchant adoption" is interesting to see manifest.
Well its hard to calculate what the valuation should be. For all we know the recent price is pumped up 20x by speculators and china. So just because there is good news doesn't mean the correct valuation is automatically higher than where it is at now. I think all this bull stuff is the only thing holding the price up right now on twigs on low volume. I don't want to be in when the flow stops and the downtrend violently resumes. Sooooooooooo, you can calculate the future, right???  |
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spooderman
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Activity: 1652
Merit: 1029
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December 24, 2013, 08:39:51 PM |
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I feel we are above where we need to be for all those charts with lines that bears were posting to be accurate.
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dgarcia
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December 24, 2013, 08:40:29 PM |
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this is by far the slowest bitcoin crash in recorded history
Following my calculations we will find the bottom at 325 in the year 2024 ;-) So, patience please! did you just say calculations ? you mean predictions right ? I wont jump to conclusions but I will ask you to share your "calculations" with us, can you please ? I am really curious ! BTW.: It was a joke, caused by the slooooow price movement. |
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TERA
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December 24, 2013, 08:44:02 PM |
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I feel we are above where we need to be for all those charts with lines that bears were posting to be accurate.
Only on mtgox, on a linear scale, and worst of all low volume |
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wachtwoord
Legendary
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Activity: 2338
Merit: 1136
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December 24, 2013, 08:45:43 PM |
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I feel we are above where we need to be for all those charts with lines that bears were posting to be accurate.
Easiest explanation: the charts are wrong  |
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dgarcia
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December 24, 2013, 08:58:04 PM |
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that bears were posting to be accurate.
That bears were posting! Your world seems very simple with such friends and enemies. |
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TERA
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December 24, 2013, 09:08:16 PM |
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I think I'll just buy on a high volume day. How about that. It might be above or below the current price but at least I won't be nervous as shit.
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Syke
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Activity: 3878
Merit: 1193
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December 24, 2013, 09:11:34 PM |
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did you just say calculations ? you mean predictions right ? I wont jump to conclusions but I will ask you to share your "calculations" with us, can you please ? I am really curious !
If Hari Seldon were around, he could do it! |
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dgarcia
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December 24, 2013, 09:19:58 PM |
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I think I'll just buy on a high volume day. How about that. It might be above or below the current price but at least I won't be nervous as shit.
I can understand you. It's very uncertain and fragile situation now. |
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wachtwoord
Legendary
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Activity: 2338
Merit: 1136
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December 24, 2013, 09:20:49 PM |
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