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Author Topic: Who wants to share some bear?  (Read 4091 times)
RationalSpeculator (OP)
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May 24, 2013, 03:58:25 PM
Last edit: May 24, 2013, 04:47:07 PM by RationalSpeculator
 #1

I'll start poking a little Wink

It's just pathetic how the bulls are getting an erection already on this weak upwards move today from $120 to $130. Times have changed.

There's just no action and I'm checking prices less and less. I think it will trend at best sideways for half a year. Likely it will hit 30/50 in that time. Summer is going to be dull.

With over 1500 billionaires in the world there is a chance that it relaunches again to new highs never to come back but I estimate chances low.

Any bears around who feel alike?

Bulls please no hype talk here, I can't bear it anymore.  Smiley
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May 24, 2013, 04:06:12 PM
 #2


Bulls please no hype talk here, I can't bear it anymore.

BTC going to 5,000 by June 10!!!!! HOOO RAHHHH!!!!!!!!!!!!!!!!!!  Grin

BTC: 13WYhobWLHRMvBwXGq5ckEuUyuDPgMmHuK
RationalSpeculator (OP)
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May 24, 2013, 04:07:58 PM
 #3


Bulls please no hype talk here, I can't bear it anymore.

BTC going to 5,000 by June 10!!!!! HOOO RAHHHH!!!!!!!!!!!!!!!!!!  Grin

lol Smiley
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May 24, 2013, 04:08:02 PM
 #4

I don't know about you, but:

Found my posts helpful? Consider buying me a beer :-)!:
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May 24, 2013, 04:08:35 PM
 #5

I stopped being a care bear.
RationalSpeculator (OP)
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May 24, 2013, 04:12:01 PM
 #6

I stopped being a care bear.

What's a care bear?
RationalSpeculator (OP)
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May 24, 2013, 04:12:24 PM
 #7

I don't know about you, but:


lol Smiley
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May 24, 2013, 04:12:43 PM
 #8

I can't bear it anymore.
Then bull it! Wink
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May 24, 2013, 04:13:13 PM
 #9

I stopped being a care bear.

What's a care bear?

http://en.wikipedia.org/wiki/Care_Bears Smiley

I enjoyed those movies when I was a child btw:)


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May 24, 2013, 04:15:48 PM
 #10

My inner bear won't go away for good unless we break $130 consistently and on decent volume.

And $50 looked like the very bottom, unless something really disruptive happens I don't see how we could go below that.

RationalSpeculator (OP)
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May 24, 2013, 04:16:32 PM
 #11


Nah, need more cheap coins first Wink
RationalSpeculator (OP)
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May 24, 2013, 04:18:57 PM
 #12


Yeah it was nice that they lived in the clouds Smiley

My bear lives down to earth though.
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May 24, 2013, 04:22:20 PM
 #13

I don't know about you, but:


A bit too early for that I think... Don't worry, the time will come!

I have a gut feeling that things will kick off over summer.
RationalSpeculator (OP)
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May 24, 2013, 04:29:09 PM
 #14

My inner bear won't go away for good unless we break $130 consistently and on decent volume.

And $50 looked like the very bottom, unless something really disruptive happens I don't see how we could go below that.

Then your inner bear is not strong. Price is volatile.

Very bottom is not reached the day after.

A black swan is needed to get this bubble relaunched, not the other way around.

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May 24, 2013, 04:38:18 PM
 #15

You never know, but I think the downside is quite a bit larger than the upside ATM.

BitCoin is NOT a pyramid - it's a pagoda.
RationalSpeculator (OP)
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May 24, 2013, 04:41:50 PM
 #16

You never know, but I think the downside is quite a bit larger than the upside ATM.

That's nice to hear Smiley

Feeling all warm again with some bear company Smiley

So, how volatile can this be? $150?
RationalSpeculator (OP)
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May 24, 2013, 04:59:08 PM
 #17

Just discovered nice bitcoin song:
http://www.youtube.com/watch?v=GcRxeYO1YPs&noredirect=1

Ofcourse bitcoin remains the future and I have sufficient to not miss out but I am following SlipperySlope on the short term bear case:
https://bitcointalk.org/index.php?topic=175010.0
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May 24, 2013, 05:08:50 PM
 #18

You never know, but I think the downside is quite a bit larger than the upside ATM.

That's nice to hear Smiley

Feeling all warm again with some bear company Smiley

So, how volatile can this be? $150?

I am really not sure, but this seems like a ledge, and prices may fall very quickly if there is some high sellout.
I doubt it will go over 140 now, but if it does it may signal a new bubble.

My take on a healthy price would be sub $100, more likely close to $50, but it seems like the market is filled with quite a few overly optimistic people after it has traded at more than $150 for a few days in the recent past.

I really don't see the support for the current price, but I figure that the higher/faster it goes - The more it will fall back and I can get my buy-orders filled before the next peak.

BitCoin is NOT a pyramid - it's a pagoda.
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May 24, 2013, 05:32:59 PM
 #19

Yes, a bear thread with people who think it will go to $30-$50!

Yeah, we're totally gonna see $30 this summer

 Roll Eyes  Roll Eyes Roll Eyes

I'm soooo bearish. "Long, slow, slide, guys."

Am I doinitrite?

 Grin
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May 24, 2013, 05:59:13 PM
 #20

Yes, a bear thread with people who think it will go to $30-$50!

Yeah, we're totally gonna see $30 this summer

 Roll Eyes  Roll Eyes Roll Eyes

I'm soooo bearish. "Long, slow, slide, guys."

Am I doinitrite?

 Grin

No, it lacks credibility  Wink

Try again, somewhere deep inside of you there must be a bear. Try to connect. Smiley
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