zeroday (OP)
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November 19, 2013, 01:45:18 AM |
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Is in progress. Keep cool  |
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NamelessOne
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November 19, 2013, 01:46:10 AM |
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Is in progress. Keep cool Could very well be. Bitcoin has a habit of doing these while rallying. |
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TheJuice
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November 19, 2013, 01:46:39 AM |
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And up we go! Congrats to all those that added at ~500
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dree12
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November 19, 2013, 01:48:21 AM |
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And up we go! Congrats to all those that added at ~500
No. That's what's called a "bull trap". Happens every bubble. |
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chrsjrcj
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November 19, 2013, 01:48:39 AM |
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Bitcoin is the biggest bear trap in history. I know one guy who is still waiting for sub-$0.01 coins.
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NamelessOne
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November 19, 2013, 01:50:07 AM |
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And up we go! Congrats to all those that added at ~500
No. That's what's called a "bull trap". Happens every bubble. Bear trap is when the price jumps up people buy, and then it drops. If this is a correction (and corrections are expected) then it will be a bear trap for all those that sold. |
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freebird
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Freedom through Cryptocurrency!
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November 19, 2013, 01:50:47 AM |
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Looks like we put in a strong low at $600 (on Gox). High volume, and now a huge bid wall at that price.
A nice, healthy correction to shake out the weak hands. Hopefully $600 is the new base.
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theonewhowaskazu
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November 19, 2013, 01:51:54 AM |
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DAMN IT.
That caused a margin call on my BTC.sx position.
Good thing I made up for it with a low-priced buy at Stamp.
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the_sunship
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November 19, 2013, 01:52:53 AM |
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absolutely holding!
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zeroday (OP)
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November 19, 2013, 01:55:43 AM |
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Thanks bears! It seems that some people need coins more than you!
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kjj
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November 19, 2013, 01:57:31 AM |
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Gox just rolled over. Might have been a bull trap.
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17Np17BSrpnHCZ2pgtiMNnhjnsWJ2TMqq8
I routinely ignore posters with paid advertising in their sigs. You should too.
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chrsjrcj
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November 19, 2013, 01:58:17 AM |
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bear trap
bull trap
bear trap
bull trap
BTC I have no idea what I'm doing BTC
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zeroday (OP)
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November 19, 2013, 02:07:30 AM |
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Those losers are trying to DDOS again? Who cares ! |
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tbcoin
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November 19, 2013, 02:57:01 AM |
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NamelessOne
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November 19, 2013, 03:00:14 AM |
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Those losers are trying to DDOS again? Who cares ! And they are 'losers' in that they probably lost some coin selling like pigs and can only get them back with a useless ddos that hopefully wastes more money for them. |
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chriswen
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November 19, 2013, 03:01:05 AM |
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Wow your definitions. Bear trap is when you sell thinking the price will drop but, it goes back up. Usually its after a downward trend starts to develop. In this case there was a big rebound.
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zeroday (OP)
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November 19, 2013, 12:18:41 PM |
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Another bear trap is going on. Keep calm and hold. Those unlucky bears are trying to re-buy what they lost yesterday at <600  |
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wopwop
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November 19, 2013, 12:21:27 PM |
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UP!!!
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Boxman90
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November 19, 2013, 12:23:29 PM |
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Weren't bear traps supposedly fast snappy things? This looks like a slow-ride down to me. Can't really get trapped in that.
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LTC: LKKy4eDWyVtSrQAJy7Qmmz61RaFY91D9yC BTC: 18fzdnCkuUNthCD8hM36UBGopFa9ij78gG
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zeroday (OP)
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November 19, 2013, 12:27:48 PM |
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Thanks bears we now have cheap coins to feed our bull |
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