Bitcoin Forum
November 07, 2024, 04:02:35 PM *
News: Latest Bitcoin Core release: 28.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: Two images... more than 1000 words  (Read 2402 times)
metac0m (OP)
Newbie
*
Offline Offline

Activity: 6
Merit: 0


View Profile
November 20, 2013, 12:28:54 AM
 #1

http://i5.photobucket.com/albums/y163/Ambil/trastos/bulltraps.jpg
http://s21.postimg.org/uhry2alnb/captura_8h.png
chrsjrcj
Full Member
***
Offline Offline

Activity: 280
Merit: 102



View Profile
November 20, 2013, 12:39:04 AM
 #2

So what type of trap was the drop from $400 to $300?  Roll Eyes
seleme
Legendary
*
Offline Offline

Activity: 2772
Merit: 1028


Duelbits.com


View Profile WWW
November 20, 2013, 12:40:59 AM
 #3

Cool, close the door please.

       ███████████████▄▄
    ██████████████████████▄
  ██████████████████████████▄
 ███████   ▀████████▀   ████▄
██████████    █▀  ▀    ██████▄
███████████▄▄▀  ██  ▀▄▄████████
███████████          █████████
███████████▀▀▄  ██  ▄▀▀████████
██████████▀   ▀▄  ▄▀   ▀██████▀
 ███████  ▄██▄████▄█▄  █████▀
  ██████████████████████████▀
    ██████████████████████▀
       ███████████████▀▀
.
.Duelbits.
.
..THE MOST REWARDING CASINO......
   ▄▄▄▄████▀███▄▄▄▄▄
▄███▄▀▄██▄   ▄██▄▀▄███▄
████▄█▄███▄█▄███▄█▄████
███████████████████████   ▄██▄
██     ██     ██     ██   ▀██▀
██ ▀▀█ ██ ▀▀█ ██ ▀▀█ ██    ██
██  █  ██  █  ██  █  ██
█▌  ██
██     ██     ██     ████  ██
█████████████████████████  ██
████████████████████████████▀
█████████████████████████
█████████████████████████
████████████████████████▌
       +4,000      
PROVABLY FAIR
GAMES
   $500,000  
MONTHLY
PRIZE POOL
      $10,000     
BLACKJACK
GIVEAWAY
kireinaha
Sr. Member
****
Offline Offline

Activity: 350
Merit: 253


View Profile
November 20, 2013, 12:44:27 AM
 #4

It fits the bitcoin `group think` mentality so well. Absolutely perfect.

Night gathers, and now my bitcoinwisdom watch begins.
successquik
Newbie
*
Offline Offline

Activity: 23
Merit: 0


View Profile
November 20, 2013, 12:46:07 AM
 #5

As long as the long term trend is up I'm fine with this. Shake out all the old, jittery, low cost basis money and replace it with more stable holders.

Gonna be a LOT of trading opps in BTC, methinks as there are no true derivatives to smooth out the peaks and valleys. Great opportunity for the trader.

At least in my VERY humble opinion. LOL

SQ
Bitcopia
Hero Member
*****
Offline Offline

Activity: 715
Merit: 500



View Profile
November 20, 2013, 12:48:54 AM
 #6

I think many people in BTC now have learned their lesson about panic selling. If you're were here for the April crash, price dropped from $266 to <$120 in a couple hours...

This is a "relatively" calm burst, and is likely not to be as intense as the April burst.
wobber
Legendary
*
Offline Offline

Activity: 1064
Merit: 1001


View Profile
November 20, 2013, 12:49:59 AM
 #7

I think many people in BTC now have learned their lesson about panic selling. If you're were here for the April crash, price dropped from $266 to <$120 in a couple hours...

This is a "relatively" calm burst, and is likely not to be as intense as the April burst.

All bubble's burst and then recovered quickly. But only to be followed by a bearish trend.

If you hate me, you can spam me here: 19wdQNKjnATkgXvpzmSrkSYhJtuJWb8mKs
bassclef
Hero Member
*****
Offline Offline

Activity: 924
Merit: 1000



View Profile
November 20, 2013, 12:50:36 AM
 #8

Maybe not 1000 words, but this chart has been posted almost as many times.
fallinglantern
Sr. Member
****
Offline Offline

Activity: 260
Merit: 251


View Profile
November 20, 2013, 04:53:59 AM
 #9

Cool, so we should have returned to the mean by December? Works for me.
SheHadMANHands
Legendary
*
Offline Offline

Activity: 1168
Merit: 1000


View Profile
November 20, 2013, 04:57:10 AM
 #10

That's cute.  You mad you missed the boat OP?

Saw this chart 6 months ago, and we're still at double that peak.   Grin Grin Grin
2double0
Legendary
*
Offline Offline

Activity: 2618
Merit: 1105


View Profile
November 20, 2013, 05:48:26 AM
 #11

Thanks for this! Very interesting!!
btcprice
Sr. Member
****
Offline Offline

Activity: 434
Merit: 250


View Profile
November 20, 2013, 06:04:50 AM
 #12

Thanks for posting. This is very telling.

When I was a part of the run-up in 2011 I didn't know when to sell so I waited too long.
goxed
Legendary
*
Offline Offline

Activity: 1946
Merit: 1006


Bitcoin / Crypto mining Hardware.


View Profile
November 20, 2013, 06:13:17 AM
 #13

Seeing these charts after every bull run since Aug 2011

Revewing Bitcoin / Crypto mining Hardware.
notme
Legendary
*
Offline Offline

Activity: 1904
Merit: 1002


View Profile
November 20, 2013, 06:14:40 AM
 #14

So what type of trap was the drop from $400 to $300?  Roll Eyes

That was a bear trap.  The jump up marked as "return to normal" is really the bull trap in that picture.

https://www.bitcoin.org/bitcoin.pdf
While no idea is perfect, some ideas are useful.
lerelerele
Sr. Member
****
Offline Offline

Activity: 336
Merit: 250



View Profile
November 20, 2013, 06:16:38 AM
 #15

The same image repeated in time, that was in Japan in the 80s, recently in Spain, will see
byronbb
Legendary
*
Offline Offline

Activity: 1414
Merit: 1000


HODL OR DIE


View Profile
November 20, 2013, 06:19:19 AM
 #16


Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!