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BitcoinAshley (OP)
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February 14, 2014, 04:32:58 PM |
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Yeah, Stamp is going crazy, after hitting $538 yesterday we're already back above $700. Which kind of tarp do you think this is? Gogogo
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bitcoinlitcoinbtcltc
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February 14, 2014, 04:36:25 PM |
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Classic bull trap. A LOT OF NEGATIVE NEWS past few weeks. It took WEEKS to go down to this price, and it suddenly, within a few minutes, goes back up? What's the reason? Gox isn't fixed, stolen Bitcoins from Silk Road 2.0 are not returned, USA has not regulated Bitcoins, it's still banned in Russia & China. So why this rise? There is no logic reason for it. Everyone just decided to buy, at the same time? Classic bull trap. Remember people, we're heading towards the capitulation stage. This ''rise'' will follow by an epic dump, greater than the $102 sell-off at BTC-e recently. Don't jump on this train, this train isn't going anywhere. Even the Titanic went up before it went down... forever. Or buy. Or sell. I don't really care if you lose money or not. I know I don't want to lose money. So I sold  . |
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BitcoinAshley (OP)
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February 14, 2014, 04:36:30 PM |
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It looks like the results are already in... back to $683. Sorry bulls! Better luck next time.  |
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sir faps
Member
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Activity: 91
Merit: 10
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February 14, 2014, 04:37:00 PM |
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Tarp?
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Dafar
Legendary
Offline
Activity: 1330
Merit: 1000
dafar consulting
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February 14, 2014, 04:37:51 PM |
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I hope there's another dip in the sub $650s during this weekend when people move their coins out of GOX and dump it in other exchanges, or take profits from the recent dips. I was about to buy some at $635 this morning... just as I was about to press the submit button I decided to wait a few hours instead.... STUPID!! Honestly I think we'll be around $750-800+ after this weekend It looks like the results are already in... back to $683. Sorry bulls! Better luck next time. this is only a tiny dip... it was less than $630 this morning... watch the price go up more when GOX confirms their good news... but hopefully we'll see some dips this weekend |
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njcarlos
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February 14, 2014, 04:38:08 PM |
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I thought a bear trap was when there's a sell off and bears are induced into selling since they believe it will go lower, but it reverses, and a bull trap is when there's a brief rally, and bulls think it'll go higher so they buy but it reverses down. If that's correct, can't this only qualify as a bull trap?  |
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bitcoinlitcoinbtcltc
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February 14, 2014, 04:38:18 PM |
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Tarp?
Immature spelling of 'trap'. One of the reasons why Bitcoin will never succeed. It's community is made-up of adults who behave like 12 year olds. |
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MatTheCat
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February 14, 2014, 04:39:09 PM |
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Yeah, Stamp is going crazy, after hitting $538 yesterday we're already back above $700. Which kind of tarp do you think this is? Gogogo
I amn't voting cos I honestly don't know. Still lots of danger out there. Exchanges which probably don't have the Bitcoins they think or say they do (I suspect we can add Bitfinex and BTC-E to that list), and there are apparently over ten thousand coins that have been stolen (inside job or not) from Silk Road which may be hitting an exchange near you, soon. However, this recovery has happened on as high volume as since the $380 bounce on Dec 18th. If this isn't a bullish indicator, I don't know what is. If Stamp can hold above $700 by the time a few indicators (MACD, RSI, KDJ which are presently maxed out, tell me it is a good time to buy again, I shall be entering the market and tentatively changing my stance from bear, to 'investor', if not out and out 'bull'. In the time it has taken for me to type this, Bitstamp is now back down at $680, but I amn't interested in these 'cheap' coins. I will let the big players decide which way this is going to go and then hop on for the ride if the going looks good. |
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dropt
Legendary
Offline
Activity: 1512
Merit: 1000
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February 14, 2014, 04:39:51 PM |
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Tarp?
Immature spelling of 'trap'. One of the reasons why Bitcoin will never succeed. It's community is made-up of adults who behave like 12 year olds. Of which you're the mascot. |
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bitcoinlitcoinbtcltc
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February 14, 2014, 04:42:15 PM |
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This is just a trap.
MtGox is controlled by MtGox only. They are buying up coins on MtGox and dumping elsewhere.
This will continue to go on until Mark decides it's enough and make up an excuse to close MtGox & get away with it.
All bitcoin exchanges are shady, there is no trust left.
If you buy now, you may as well just send me your coins. It's the same thing; guaranteed that you will lose your coins to someone else.
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BitcoinAshley (OP)
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February 14, 2014, 04:44:18 PM |
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Tarp?
Immature spelling of 'trap'. One of the reasons why Bitcoin will never succeed. It's community is made-up of adults who behave like 12 year olds. Confirmed. Also, looks like they're testing $700 again so we'll see if I've spoken too soon... |
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sir faps
Member
Offline
Activity: 91
Merit: 10
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February 14, 2014, 04:45:43 PM |
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I get HODL... That was a funny post of a drunk dude who was venting on the forum. I get how that has some legacy value. But tarp? Just seems like people are trying to make another version of HODL. Doesn't make me angry or anything, and not to be all high and mighty, but tarp just seems immature
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njcarlos
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February 14, 2014, 04:48:12 PM |
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99% of BTC memes are wholly idiotic.
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T.Stuart
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February 14, 2014, 04:50:55 PM |
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Yeah, Stamp is going crazy, after hitting $538 yesterday we're already back above $700. Which kind of tarp do you think this is? Gogogo
I amn't voting cos I honestly don't know. Still lots of danger out there. Exchanges which probably don't have the Bitcoins they think or say they do (I suspect we can add Bitfinex and BTC-E to that list), and there are apparently over ten thousand coins that have been stolen (inside job or not) from Silk Road which may be hitting an exchange near you, soon. However, this recovery has happened on as high volume as since the $380 bounce on Dec 18th. If this isn't a bullish indicator, I don't know what is. If Stamp can hold above $700 by the time a few indicators (MACD, RSI, KDJ which are presently maxed out, tell me it is a good time to buy again, I shall be entering the market and tentatively changing my stance from bear, to 'investor', if not out and out 'bull'. In the time it has taken for me to type this, Bitstamp is now back down at $680, but I amn't interested in these 'cheap' coins. I will let the big players decide which way this is going to go and then hop on for the ride if the going looks good. He's going to go full "Bulltard" on us! This I can't wait to see.  |
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BitcoinBobbeh
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February 14, 2014, 05:08:25 PM |
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Classic bull trap. A LOT OF NEGATIVE NEWS past few weeks. It took WEEKS to go down to this price, and it suddenly, within a few minutes, goes back up? What's the reason? Gox isn't fixed, stolen Bitcoins from Silk Road 2.0 are not returned, USA has not regulated Bitcoins, it's still banned in Russia & China. So why this rise? There is no logic reason for it. Everyone just decided to buy, at the same time? Classic bull trap. Remember people, we're heading towards the capitulation stage. This ''rise'' will follow by an epic dump, greater than the $102 sell-off at BTC-e recently. Don't jump on this train, this train isn't going anywhere. Even the Titanic went up before it went down... forever. Or buy. Or sell. I don't really care if you lose money or not. I know I don't want to lose money. So I sold . This post was looking pretty legit until I saw who wrote it  I will agree that it'll probably drop again before it rises any remarkable amount. |
By the end of next month at the latest we will have permanently left behind 3 digits. You can quote me on this.
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CrusaderTim
Newbie
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Activity: 20
Merit: 0
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February 14, 2014, 05:43:04 PM |
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Keep saying it's a trap, cheap coins are no more!
To da moon!
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BitcoinAshley (OP)
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February 14, 2014, 05:49:41 PM |
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I get HODL... That was a funny post of a drunk dude who was venting on the forum. I get how that has some legacy value. But tarp? Just seems like people are trying to make another version of HODL. Doesn't make me angry or anything, and not to be all high and mighty, but tarp just seems immature
What are you talking about? Nobody can "make" tarp, it's already a meme, it's been a meme on the internets since, well, since memes were invented. It's the classic "admiral ackbar":  |
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kkaspar
Full Member
Offline
Activity: 140
Merit: 100
banned but not broken
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February 14, 2014, 06:03:42 PM |
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The current trend will probably continue this cycle... slow downfall - fast drop - sudden spike up - another slow downfall..
I think that's because the biggest investors are moving out. If you were holding 10 000+ BTC, then this method would be the most profitable way to get out with relatively good profit.
I predict that this will continue until 200-300$ when it will settle with couple of months of stability. There won't be another stable boom without opening new markets with decent volumes. I think that bitcoin has 1-2 bubbles still left in it before it dies. Another step is probably south-America, but it takes some time to market bitcoin to the people there. News articles have to be bought, officials have to be bribed, amazing success stories have to be told...
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superduh
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February 14, 2014, 06:37:57 PM |
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over 1000 by end of month  |
ok
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conspirosphere.tk
Legendary
Offline
Activity: 2352
Merit: 1064
Bitcoin is antisemitic
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February 14, 2014, 07:50:15 PM |
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The current trend will probably continue this cycle... slow downfall - fast drop - sudden spike up - another slow downfall..
I think that's because the biggest investors are moving out. If you were holding 10 000+ BTC, then this method would be the most profitable way to get out with relatively good profit.
I predict that this will continue until 200-300$ when it will settle with couple of months of stability. There won't be another stable boom without opening new markets with decent volumes. I think that bitcoin has 1-2 bubbles still left in it before it dies. Another step is probably south-America, but it takes some time to market bitcoin to the people there. News articles have to be bought, officials have to be bribed, amazing success stories have to be told...
dream on. The most prophitable way out for whales would be just selling slower than the new entrants rate. And just that would need no PR and it would keep price rising. Now any insider has a reason to not rock the boat -unless he's an insider of something much bigger. |
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