WinslowIII
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December 21, 2018, 05:09:27 PM |
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Who cares if this is a dead cat bounce anyway if you are long? Back in 2014 as in 2018, the whole year was filled with dead cat bounces. Anyone lucky enough to be fooled by one or more and holding till today is doing just fine.
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gabmen
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December 21, 2018, 05:25:30 PM |
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Who cares if this is a dead cat bounce anyway if you are long? Back in 2014 as in 2018, the whole year was filled with dead cat bounces. Anyone lucky enough to be fooled by one or more and holding till today is doing just fine.
Yeah it always happen in a market as volatile as this. Though i'd say what's happening right now is neither a desd cat bounce or a bull run. I wouldn't give much fuss about this since it's not that significant yet. Not a month ago this current value would already cause panic.
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Juggy777
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December 21, 2018, 05:29:41 PM Last edit: December 26, 2018, 07:27:43 AM by Juggy777 |
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Who cares if this is a dead cat bounce anyway if you are long? Back in 2014 as in 2018, the whole year was filled with dead cat bounces. Anyone lucky enough to be fooled by one or more and holding till today is doing just fine.
In my opinion panic sellers do care, if they assume it's a dead cat they'll once again rush to sell and such short sells shall effect the market. It seems to me op has not observed well, cause this short term rally may lead the start of a bull run, all the factors point towards it. I have said it before I'll say it again these are affordable levels to buy, we will very soon hear of the approval of Bakkt and Nasdaq Bitcoins futures is already announced. Hence going ahead in 2019, we shall see more upside movements from current levels.
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figmentofmyass
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December 21, 2018, 05:58:41 PM |
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The shitcoins btc cash and sv are way up compared to the bitcoin bounce - so what do we take from that?
aren't they still engaged in their war of attrition? it looks like bitmain and the craig wright camp are pumping more money in. both sides probably recognized the market would be receptive to a pump after bitcoin recovered. i'm noticing a lot of alt/BTC charts are looking bottom-ish for the same reason.
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Zin-Zang (OP)
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December 21, 2018, 06:49:29 PM |
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Coins back in the red, Looks like the cat is headed back to earth. and our bulls turn out to be pussies.
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I was Red Tagged because Lauda Blows Theymos to get back on DT The rest are just lauda's personal butt monkeys=> Hhampuz , Vod, TMAN , achow101
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santiPOGI
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December 21, 2018, 06:59:31 PM |
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If Bitcoin will hit the 4,500 mark before Christmas this is indeed a bull run we are waiting for. But if the BTC value goes back to 3,800 USD and we are caught in trap again and we should wait for the 2019 kindness to cryptocurrency.
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veleten
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December 21, 2018, 07:31:00 PM |
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Easy. Dead cat bounce. Classic. No question.
totally not.not classic.not at all dead cat bounce is when some asset dropped value almost to nothing and then shows some signs of life , twitching, bitcoin is far from being done even to consider it is ridiculous- just compare the 2018 and 2017 price levels steady growth, no technical difficulties or code problems either as for the bottom, it does look like 3100 ish was it, but it doesn't mean that the market cannot reverse now and we are dominated by the bulls, not at all but it does seem like the new ASICs and difficulty adjustments will keep the price stable 3400-4500$ corridor again, if some holder decides to sell several millions worth of coins it could trigger another panic sell
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cramcram21
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★777Coin.com★ Fun BTC Casino!
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December 21, 2018, 07:34:43 PM |
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Well I hope that it is the start of the bull run , There are so many people who are saying that we would have a bull run before this year ends and I hope this is the start.
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muslol67
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December 21, 2018, 07:39:08 PM |
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Unfortunately, Dead Cat Bounce seems more likely when we look at this point. But the crypto money market has always tended to move unexpectedly. I hope we see the Bull Run.
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RodeoX
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December 21, 2018, 08:18:10 PM |
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A "dead cat ounce" can only be determined after a STOCK has collapsed to zero. Cats don't bounce back to life. It is a dip or correction or fall, but not a dead cat bounce.
That's not the conventional definition. A "dead cat bounce" just means a temporary recovery before a downtrend continues. I'm not sure what you call a stock that's collapsed to zero. The closest thing I can think of is a speculative bubble asset, like with tulip mania. "Dead cat bounce" doesn't imply that though. Hmm. That's not how I learned it as a stock trader. The idea was that a stock had become valueless for whatever reason. It was dead and the business was likely to become insolvent. However as the price fell to almost nothing it suddenly received new buying interest because it was so cheap that it was now a good long-shot bet. This inflow of cash caused the already dead cat to go up a bit before a final collapse. A lot of people confuse stock trading with bitcoin trading. But these are very different assets. Stocks NEED to make money. The money keeps a business going and it will totally fail without capitol. Bitcoin does not need your money and works fine if the price is $0.01
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pixie85
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December 21, 2018, 08:37:28 PM |
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The idea was that a stock had become valueless for whatever reason. It was dead and the business was likely to become insolvent. However as the price fell to almost nothing it suddenly received new buying interest because it was so cheap that it was now a good long-shot bet. This inflow of cash caused the already dead cat to go up a bit before a final collapse.
That's right and I also understood a dead cat bounce as a short bull correction after the first selloff. The price almost manages to come back to the top and then goes back down much slower. It can be seen in December 2013 and January 2018 when Bitcoin lost 45% of value and retraced back to only a 10% loss from the top. This event that we're watching now is nothing but a small correction. 15% moves in Bitcoin are happening many times each year.
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rosepetals
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December 21, 2018, 09:46:17 PM |
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Opinions on Recent Market Upswing Bull Run OR Dead Cat Bouncing Bitcoin had recover for just 2 days i guess.Though i don't usually look at the coinmarket capitalization recently that was $3200 and suddenly became $3800 as of this moment.I think theres nothing impossible in cryptocurrency most specifically bitcoin.A good sign for its recovery,maybe bull run was about to start.
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Marbelli
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December 21, 2018, 09:48:04 PM |
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the bull run is unlikely to start as it is very early for that. it seems to me that before January you don’t need to rely on something
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EndChain - Complete logistical solution for all markets and supply chains ICO Start: Dec 1, 2018 (https://endchain.io/)
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Moshaid
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December 21, 2018, 09:52:12 PM |
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At the moment, I think it's a dead cat bouncing hope it might lead to a bull run. Most of us have read different articles over the past few days concerning the trend around bitcoin and other altcoin coins, probably things are about to change for better but we all just have to watch out.
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mega_carnation
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December 21, 2018, 10:08:12 PM |
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I don't want to be negative so it's gotta be bull run! No matter what the market swings through, I believe that its a bull run. We may not see the bull run, I'll name it a baby bull run. Unfortunately, Dead Cat Bounce seems more likely when we look at this point. But the crypto money market has always tended to move unexpectedly. I hope we see the Bull Run.
Its likely but the market tends to move so let's hope for the best.
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Twentyonepaylots
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December 22, 2018, 03:50:55 AM |
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the final difficulty adjustment of 2018 just happened. and so now we are in the realm of mining pools knowing the next difficulty jump WILL be affected by the delivery of next gen asics getting delivered in a week to thousands of people. pushing up hashrate. pushing up costs. and therefore making many prefer to buy coin as a cheaper option, sparking a price rise
Interesting. However, many have claimed that 6000$ was the bottom because it was close to the mining costs. (I didn't agree back then, I claimed the mining costs are not so well known.) We are still under 4000$, so either miners are mining at a loss and still don't care, either the mining cost was close to 3000$-3500$. Only in this case your theory could be correct, although historically (eg when Bitcoin has fallen under 250$ in 2015 and stayed low for almost a year) the price has its periods when it was clearly under the mining costs. PRICE is not the underlying value first 3 quarters of 2018 $5800 was a good measure.. then in october hashrate curved down. and then price curved down in november. in 2015 the hashrate was between 250peta-400petahash during the stagnant period which doing math of asics at the time... it was break even/profitable there was a bit in august 2015 which touched on the break-even testing the bottomline.. then by autumn the hashrate and the market price moved up MEOWWWW.... it is the high volatility in the market which contribute to the ups and down on the price value of Bitcoin, the crypto market did not sustained the momentum upward, we are looking at the crazy market up until now. Some expert say's... Not until the capitilation on the market are clear then the hicups would stop. The crypto market still unpredictable..
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Thirdspace
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December 22, 2018, 04:02:53 PM |
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Unfortunately, Dead Cat Bounce seems more likely when we look at this point. But the crypto money market has always tended to move unexpectedly. I hope we see the Bull Run.
Its likely but the market tends to move so let's hope for the best. I'm thinking... a deat cat bounce, before a bull run which I hope will happen next year we may see a couple more dips down below $3,000 but probably won't go lower than $2,000 then hopefully a steady long bull run from that point to halving day in 2021
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romelitounknown
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December 22, 2018, 06:06:21 PM |
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I think there will never be another bull run like what happened on December 2017 but most probably we were going to experienced a stable 7k to 8k on the following years.What is happening now is more of a dead cat bouncing.
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burky155
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December 22, 2018, 06:16:53 PM |
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We recently had some king of bull run in couple of days but it wasn't enough for us. The bitcoin price is still under $4.000. So we had bull run but it didn't help anything, the market conditions are still very bad. Actually nothing has changed, this is far beyond our needs. First of all the market cap needs to catch at least $200 billion.
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pat4cryptoreal
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December 22, 2018, 06:37:47 PM |
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The chart you are showing that is representing dead cat bouncing is normal for a healthy cryptocurrency market at any time. The bull run does not means the price will keep on going up every day without droping any day. The bull run is here already.
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