Climb higher and higher like a bird in the sky

[fleabag]

Capitulation soon. Retrace back to the low $100's. look at the chart. every action there is always an equal and opposite reaction. it cant keep going straight up forever. mark my words.   

[Birdy]

Birds don't capitulate, they fly high in the sky.
Trust me, I know. ^^

[bitcon]

fly my chikun, fly

[Soju Boy]

Capitulation soon. Retrace back to the low $100's. look at the chart. every action there is always an equal and opposite reaction. it cant keep going straight up forever. mark my words.   

Equal and opposite? So you're saying at some point I'll be able to sell a pizza for 10k BTC?

[firstlast]

Capitulation, like what happened in July? Correction would make more sense.

[Ozymandias]

Sounds like junior's first short, good luck with that.

[Davyd05]

he's been flaming hard since yesterday. nothing new here.

[600watt]

Capitulation soon. Retrace back to the low $100's. look at the chart. every action there is always an equal and opposite reaction. it cant keep going straight up forever. mark my words.   

capitulation of the bears that is

[fleabag]

high high way up in the sky!

in all seriousness I dont' know why i do this, that is go against the majority? I am thinking it goes back to my hardcore betting days. I used to get on the same side as the bookies. I wouldnt say it was always correct, because I would still be betting, but in the long run the bookies would usually win. See when you are the bookie you dont have to do any work . you let everyone else do the analysis and rack their brains trying to pick a winner and inevitably in the end they lose. Bitcoins are a gamble. the players in this game of chance are the investors in coin and the big big money is the house. I know this web site is for long, bulls what have you. But it wouldn't be interesting if everyone agreed with everyone right?

[knight22]

high high way up in the sky!

in all seriousness I dont' know why i do this, that is go against the majority? I am thinking it goes back to my hardcore betting days. I used to get on the same side as the bookies. I wouldnt say it was always correct, because I would still be betting, but in the long run the bookies would usually win. See when you are the bookie you dont have to do any work . you let everyone else do the analysis and rack their brains trying to pick a winner and inevitably in the end they lose. Bitcoins are a gamble. the players in this game of chance are the investors in coin and the big big money is the house. I know this web site is for long, bulls what have you. But it wouldn't be interesting if everyone agreed with everyone right?

Right but bookies don't know about bitcoin 

[smoothie]

Capitulation soon. Retrace back to the low $100's. look at the chart. every action there is always an equal and opposite reaction. it cant keep going straight up forever. mark my words.   

I love how the mindset is if you say it, it will come true.

If we ever touch low 100's it will be for a split second and very short-lived. 

[johnyj]

If you look at the order book, there are really not a lot of coin that you can buy during the rally, the real purchase will happen after the price crashed from a period high, and that will show the buyer's psychological support level

[SheHadMANHands]

Flea's post count has passed his IQ..

Earlier this week.

[MoreFun]

Flea's post count has passed his IQ..

Earlier this week.

He has 128 posts btw 

[fleabag]

too far too fast. why you ask? When the silk road was operating, there were more transactions with bitcoins happening within the bitcoin ecosystem. not more volume, more actual buys and actual sells say per day than there are now. Since I have been following bitcoin, which I admit has only been a year and a half, it seemed like there was always a tendency for it to go up. Now, since the silk road is gone those transactions are gone too. Whether they were buys or sells those transactions in a way helped the the overall system. Now uou have a artificial system taking the place of those transactions which are the bots. Bots are now running the bids up. On top of the overall buy and hold mentality, and the overall tendency for it to rise, you have a runaway train that will eventually go off the tracks.

[theonewhowaskazu]

high high way up in the sky!

in all seriousness I dont' know why i do this, that is go against the majority? I am thinking it goes back to my hardcore betting days. I used to get on the same side as the bookies. I wouldnt say it was always correct, because I would still be betting, but in the long run the bookies would usually win. See when you are the bookie you dont have to do any work . you let everyone else do the analysis and rack their brains trying to pick a winner and inevitably in the end they lose. Bitcoins are a gamble. the players in this game of chance are the investors in coin and the big big money is the house. I know this web site is for long, bulls what have you. But it wouldn't be interesting if everyone agreed with everyone right?

Um, who do you consider the "Bitcoin Bookies?"

If anything, they'd be the whales, who by definition are invested in Bitcoin and thus at least in the short term think its going to go up.

[fleabag]

high high way up in the sky!

in all seriousness I dont' know why i do this, that is go against the majority? I am thinking it goes back to my hardcore betting days. I used to get on the same side as the bookies. I wouldnt say it was always correct, because I would still be betting, but in the long run the bookies would usually win. See when you are the bookie you dont have to do any work . you let everyone else do the analysis and rack their brains trying to pick a winner and inevitably in the end they lose. Bitcoins are a gamble. the players in this game of chance are the investors in coin and the big big money is the house. I know this web site is for long, bulls what have you. But it wouldn't be interesting if everyone agreed with everyone right?

Um, who do you consider the "Bitcoin Bookies?"

If anything, they'd be the whales, who by definition are invested in Bitcoin and thus at least in the short term think its going to go up.

yes the whales would be considered the bookies or the "house"

[theonewhowaskazu]

high high way up in the sky!

in all seriousness I dont' know why i do this, that is go against the majority? I am thinking it goes back to my hardcore betting days. I used to get on the same side as the bookies. I wouldnt say it was always correct, because I would still be betting, but in the long run the bookies would usually win. See when you are the bookie you dont have to do any work . you let everyone else do the analysis and rack their brains trying to pick a winner and inevitably in the end they lose. Bitcoins are a gamble. the players in this game of chance are the investors in coin and the big big money is the house. I know this web site is for long, bulls what have you. But it wouldn't be interesting if everyone agreed with everyone right?

Um, who do you consider the "Bitcoin Bookies?"

If anything, they'd be the whales, who by definition are invested in Bitcoin and thus at least in the short term think its going to go up.

yes the whales would be considered the bookies or the "house"

Yes, so if they're the house, and they own bitcoins...

then wouldn't you be betting on the side of the bookies by supporting Bitcoin, sorta flipping your entire argument on its ass?

Just saying.

[fleabag]

Capitulation soon. Retrace back to the low $100's. look at the chart. every action there is always an equal and opposite reaction. it cant keep going straight up forever. mark my words.   

damn I am good made my call and lo and behold a little mini flash crash 5 hours later.

[Le Happy Merchant]

Capitulation soon. Retrace back to the low $100's. look at the chart. every action there is always an equal and opposite reaction. it cant keep going straight up forever. mark my words.   

Equal and opposite? So you're saying at some point I'll be able to sell a pizza for 10k BTC?

Nah, 1 BTC for 10k pizza.