Bearish week, take care!!

[pera]

WARNING

We are about to start a really bearish week! There are bad news from everywhere: USA (BitInstant CEO/Bitcoin Foundation VC arrested), Russia (Bitcoin could turn illegal), China (January 31st).

I'm not telling you to sell... but maybe you should if you care about short-term.


God help us.

[Holliday]

Let me show you how a pro does it.

https://bitcointalk.org/index.php?topic=435118.0

Edit: Although... the yellow glow is a nice touch.

[pera]

Let me show you how a pro does it.

https://bitcointalk.org/index.php?topic=435118.0

Edit: Although... the yellow glow is a nice touch.

I'm learning, give me time!

Also: MtGox is doomed

[Dalmar]

This forum is filled with bulltards. It's hard for them to face reality.

[pera]

He's (Bobby Lee) really busy with his work obviously, he has, um, a lot of, um, he has a lot of issues. Supposedly next week they're going to really crack down. We don't know what's going to happen. So he's really busy with his company.

- Charlie Lee (Litecoin, BTC China)
https://www.youtube.com/watch?v=Le5ByHtssnc

sell

[seleme]

Well, Pera, each week is bearish for you since start of December. Though you weren't around too much after your ultra bearish calls got vaporized with heroic Bitcoin buyer orders

Saying that, yeah, we might see more moderate dips in next few days.

[Holliday]

This forum is filled with bulltards. It's hard for them to face reality.

A Bitcoin forum filled with people exciting about Bitcoin.

You don't say?

[Dalmar]

A Bitcoin forum filled with people exciting about Bitcoin.

You don't say?

Speculation forum should be filled with people who trade wisely and make money.. not 95% bulltards who only hodl all the time.

[seleme]

A Bitcoin forum filled with people exciting about Bitcoin.

You don't say?

Speculation forum should be filled with people who trade wisely and make money and not 95% bulltards who only hodl all the time.

Quite opposite. Since November and big Bitcoin price rise, there's more beartards feeling bitter for missing the train (understandable that, though, I felt same back in March) that spread their FUD and act as smart ases trying to learn people with 4-5 years of BTC experience what to do.

[pungopete468]

For some reason I just feel like a meme is coming from this...

Bull in a China shop anybody?

[Holliday]

A Bitcoin forum filled with people exciting about Bitcoin.

You don't say?

Speculation forum should be filled with people who want to make money and not 95% bulltards who only hodl all the time.

Yeah, because holding Bitcoin has been a terrible way to "make money" the last three years. LOL.

I'm sure at some point things will change and one day people will pay you to take their bitcoins, but until then...

[Dalmar]

Yeah, because holding Bitcoin has been a terrible way to "make money" the last three years. LOL.

I'm sure at some point things will change and one day people will pay you to take their bitcoins, but until then...

Riding the market is for bulltards. Beating the market by switching between hodling and shotrs is superior.

[MAbtc]

Whatever the case, it is not a non-story, and is not FUD. Simply put, no one knows the implications yet.

According to article 27 of the Federal Law "On the Central Bank of the Russian Federation (Bank of Russia )" issue in the Russian Federation monetary surrogates prohibited.

[...]

The Bank of Russia has warned that Russian legal entities providing services for the exchange of "virtual currency" in rubles and foreign currency, as well as for goods (works,services) will be considered as a potential involvement in the implementation of suspicious transactions in accordance with the legislation on counteraction to legalization (laundering) proceeds of crime and financing of terrorism.

http://www.cbr.ru/press/PR.aspx?file=27012014_1825052.htm 

[MatTheCat]

Yeah, because holding Bitcoin has been a terrible way to "make money" the last three years. LOL.

I'm sure at some point things will change and one day people will pay you to take their bitcoins, but until then...

Riding the market is for bulltards. Beating the market by switching between hodling and shotrs is superior.

Bitcoin is looking like a fucking fantastic short at $790, an amazing short at $800, and a spell binding short at $810, if the low volume bounce creeps up that high.

Just wait until china wakes up!

Only 5 hours to go, I can't wait!

[Holliday]

Yeah, because holding Bitcoin has been a terrible way to "make money" the last three years. LOL.

I'm sure at some point things will change and one day people will pay you to take their bitcoins, but until then...

Riding the market is for bulltards. Beating the market by switching between hodling and shotrs is superior.

I've been around here long enough to have a different opinion.

The simple fact that the exchange you are using could disappear with your funds tomorrow (which has happened way too many times already) is enough of a reason to avoid day trading this market.

Let's not forget the tax hassles involved with fiat gains (losses) and holding foreign accounts.

Edit: Oh yeah, most speculators lose money. Almost forgot that one.

[windjc]

LMAO at how concerned the bears are for the bulls! Hahahahahahaha.

[coinpharmer]

A Bitcoin forum filled with people exciting about Bitcoin.

You don't say?

Speculation forum should be filled with people who want to make money and not 95% bulltards who only hodl all the time.

Yeah, because holding Bitcoin has been a terrible way to "make money" the last three years. LOL.

I'm sure at some point things will change and one day people will pay you to take their bitcoins, but until then...

@dalmar, personally i think there should be a balance all of sort, holders, bulls and bear. maybe a troll/fudster or 2.  the troll and fud count is high right now though. my reason as a buy and holder for being in this sub forum is to be able to spot the dips and top up on dips. I have no plans to sell in order to buy more, because i watch people lose BTC and $ trying to do that. gamblers always think they cant lose, and though this has more skill involved, you cant be sure of whats next as matthecat's ravings have shown us this month.

@holliday +1

and thanks for the thread there is some bad news in the pipeline with russia and the VP arrested, but i dont think those things matter to most people. i dont see anything big playing out till end of month. january is still holiday season and the world is focusing on family or planning future business moves after done spending time with family but not currently making those moves.

[romerun]

if everybody hodls, we will live thru any bearish

[indiemax]

if everybody hodls, we will live thru any bearish

Exactly,weak hands and all that

[pungopete468]

I'm Bullish as hell but this time I can't ignore my gut feeling.

My hands aren't weak as I'm continuing to convert fiat to BTC as quickly as I can get it; but I don't see the price holding steady today. I'll short today at $790 and wait for tomorrow before I buy again.

I think it's going to be a wild day of up's and downs. I hope to increase my share of BTC. I guess we'll see.