Are you feeling a bear trap right now?

[GeniuSxBoY]

[]yes
[]no
[]anal

[Oldminer]

Nope, just made $800 profit from these dang bears 

[GeniuSxBoY]

nice!!

[MatTheCat]

[]yes
[]no
[]anal

ooh yes.

I am a holding my $1000 coins like a boss right through this blatant bear trap.

LOL at the bears.

 

[KeyserSozeMC]

Beer,
Lube,
then
Anal

[windjc]

[]yes
[]no
[]anal

Well I imagine the market snapped back because people wanted to put in a target position and also some traders wanted to lock in gains.

However, if someone reinvested thinking that we were going straight up from here they are insane.

We will definitely retest the lows. There is a chance we will make a double bottom or not hit the bottom again. I wouldn't put this at more than 50/50%.  

BTCChina looks like a wounded animal and, think about this - there is a good chance almost no money is going to come into that exchange for a while. That does not bode well for short term upward trends.

I think we see this wounded animal limb around lows for a while.

[MAbtc]

Indeed, wounded animal sounds correct. 

[MatTheCat]

GARGARGOOGOOBAGOLBEGOOGAHGOORTZNUPMFF

Ah,

Hello windjc.

Don't wish to be rude or anything (actually I do) but in light of your brash hubristic comments against me in one of my many posts suggesting that BTC was going DOWN, although I do see you have changed your tune a bit from yesterday; are you not feeling today like a complete t1t?

BTW....Guess what!?

I still think Bitcoin is going down.

This will be the last time I have buy orders when I am sleeping, but if i am awake and alert when BTC strikes $200, I may try and play another bounce.

what would you suggest oh sage one?

[T.Stuart]

This will be the last time I have buy orders when I am sleeping, but if i am awake and alert when BTC strikes $200, I may try and play another bounce.

what would you suggest oh sage one?

I don't know what he would suggest but may I suggest that you leave a permanent sleep-time order at $200 because if you ever get them at that price you have a fantastic deal. I can't imagine how pissed off I'd be if it went to 200 and I didn't have an order there, just because of a previous bad experience.

The best analogy I can think of is skateboarding. Did you skate? When you first try to ollie and kickflip you bruise your shins now and then. But you still keep going until you can do it.