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Author Topic: bitcoin is going to bounce up this week  (Read 931 times)
torba
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May 02, 2013, 01:05:27 AM
 #1

It's low right now, and if we look at what happened a few weeks ago when it touched $55 from being stable around $100-$130 that should indicate what's happening now.
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May 02, 2013, 01:07:58 AM
 #2

shhh.... don't say anything, people might start panic buying....

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May 02, 2013, 01:10:01 AM
 #3

I think it's going to bounce back too. I mean, at least for a bit.

Seems like every time we experience these major dips everyone yells "abandon ship!" "we're all going to die!" "see you at -39747587399284959"

Frankly I don't see us going back to below 90-100 without a major technical problem.
torba
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May 02, 2013, 01:11:36 AM
 #4

I think it's going to bounce back too. I mean, at least for a bit.

Seems like every time we experience these major dips everyone yells "abandon ship!" "we're all going to die!" "see you at -39747587399284959"

Frankly I don't see us going back to below 90-100 without a major technical problem.
Yea, all of sudden everyone's a bear.
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this statement is false


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May 02, 2013, 01:26:43 AM
 #5

Yea, all of sudden everyone's a bear.

market sentiment lags price perfectly.

this sentence has fifteen words, seventy-four letters, four commas, one hyphen, and a period.
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May 02, 2013, 01:52:59 AM
 #6

Agree, quite an irrational sell-off. Again.


RationalSpeculator
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May 02, 2013, 01:54:04 AM
 #7

market sentiment lags price perfectly.

true, I'm susceptible to it too
smurf2094
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May 02, 2013, 01:59:36 AM
 #8

I feel like it'll go down, but I still feel like it'll go sky rocket up.

Reason for down, at a 3 day chart it just keeps going lower...

Reason for up, how could it go any further down if it's getting more and more attention and with Silk Road back up.
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May 02, 2013, 02:01:31 AM
 #9

will bounce next week, not this week
endriuska
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May 02, 2013, 02:06:02 AM
 #10

Yea, i agree, it's going back up, the steep drops only happen when someone dumps 5K+ coins, and those coins are devided by many buyers, and once it's down everyone is taking advantage and buying, eventually it will stabilize once players with 10k+ are gone
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May 02, 2013, 02:17:48 AM
 #11

I feel like it'll go down, but I still feel like it'll go sky rocket up.

Reason for down, at a 3 day chart it just keeps going lower...

Reason for up, how could it go any further down if it's getting more and more attention and with Silk Road back up.

"Reason for up" --> you gave a reason.

"Reason for down" --> charts therefore down (i.e.: you didn't give a reason).



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