BEAR TRAP :)

[Mirsad]

Yeah. Because most are too stupid or too greedy.
Just don't sell all at one point and try to buy back...

It's really easy. Buy anticyclical.

[terman45x]

Waiting for a wire to be deposited today and hope this bear trap won't slam before I buy at lowest rate

Put $250 buy order, I hope it gets filled today (you should hope too )

[zeroday]

It seems now we are going back to $600

[AndrewWilliams]

On the way back up bros.

Shoulda stocked up in the 500s.

[zeroday]

Heading to $700
Still bearish?

[AndrewWilliams]

Heading to $700
Still bearish?

I told the bears to wake up and buy when it hit $530 last night...

Oh well. 

[Tzupy]

This was caused by one player who bought about 2.2k coins, for reasons I don't understand.
It's possible that the same player panic sold after seeing China going down.

[zeroday]

bear attack failed
going up

[Mirsad]

bear attack failed
going up

Buuuuuulltrap

Just watch BTC China. 

[MatTheCat]

Buuuuuulltrap

Just watch BTC China.  

LOL.

Surprised you haven't given him the link:

http://bitcoinwisdom.com/markets/btcchina/btccny

Sorry to freak you out zeroday, but I just can't stand pomposity and hubris in the face of common sense, you see?

[Boxman90]

bear attack failed
going up

Lol. If it reaches back up to 900 you can shout "bear attack failed". No, everyone who remained bullish on the drop from 900 to 700 has in fact lost a lot of money, and in fact THEY are now trapped until the price reaches back to those heights. Bears selling above that point have made some extra.

But why am I even trying - I should be happy you exist. The money I gain comes from the pockets of people with your attitude. Thanks for that, mate.

[zeroday]

It's just reached $755 at bitstamp and that means the bear trap is finally slammed.
So, who is smiling now? Definitely not bears.

[zeroday]

Another bear trap has just been closed.
It's getting boring.

[Boxman90]

Lol @ everything being bear trap. This bear made loads of $$ by it dropping from 1200+ to <1100.

[zeroday]

A few lucky bears got their profit.
But the majority of their population (who dumped <1000) are now sucking their paws

[smoothie]

Today was another bear trap.

ALL ABOARD!....CHOOOOO CHOOOOO! 

[smoothie]

Lol @ everything being bear trap. This bear made loads of $$ by it dropping from 1200+ to <1100.

As I use to say, prove it. Then I believe it.

[smoothie]

bear attack failed
going up

Lol. If it reaches back up to 900 you can shout "bear attack failed". No, everyone who remained bullish on the drop from 900 to 700 has in fact lost a lot of money, and in fact THEY are now trapped until the price reaches back to those heights. Bears selling above that point have made some extra.

But why am I even trying - I should be happy you exist. The money I gain comes from the pockets of people with your attitude. Thanks for that, mate.

Bear attack failed. 

[disclaimer201]

bear attack failed
going up

Lol. If it reaches back up to 900 you can shout "bear attack failed". No, everyone who remained bullish on the drop from 900 to 700 has in fact lost a lot of money, and in fact THEY are now trapped until the price reaches back to those heights. Bears selling above that point have made some extra.

But why am I even trying - I should be happy you exist. The money I gain comes from the pockets of people with your attitude. Thanks for that, mate.

Bear attack failed. 

It didn't fail at all. On the contrary, these dips are needed for whales to make cash. Got lots of coins for cheap myself. Rinse and repeat.

[Boxman90]

Bear attack failed. 

LOLOLOLOLOL

That "bear trap" took 9 days to close. That must be the slowest beartrap in the history of mankind. Even the slowest of prey imaginable had plenty of time to get out of the way.

No, sir, that was not a bear trap, but you do make me laugh.