457 HOLY SHIT

[TERA]

Lol looks like people even dump for $10 profit. Probably this will be hard to pass these days.... Even though I wrote that I got a good feeling about the future....

People always dumped for $10 profit.

Good move considering you shouldn't even be trading long during a downtrend. It's not just about a $10 profit but avoiding a $100 loss. As soon the false break happens you realize you are no longer in a good trade but are at a peak during a downtrend, looking downwards from the sky.

[pinksheep]

  From ~$2 to now, we've always had the same kind of cycles where we see a bubble beyond our dreams, relatively slow crumbling of the bubble followed by a quick pop, then a long period of ~, followed by a slow ramp-up, and then another bubble. I really doubt Chinese law matters in the long-term, and I don't find compelling the idea that China would disallow Chinese exchanges from operating but permit the exchange of USD<->BTC acceptable. The Chinese would likely end up defying law, but if they're all going to defy the law, how is it not an over-reaction to sell coins? /drunken speculation
[/quote]

So how high would this next bubble have to go to be 'beyond our dreams'? How high would it have to go to truly astound everyone? Presuming there is another bubble of course

[kwukduck]

And back down again all the way lol

[UglyTroll]

A couple struggle to go up all failed, I think we all know where we're going 

[UnDerDoG81]

Lol looks like people even dump for $10 profit. Probably this will be hard to pass these days.... Even though I wrote that I got a good feeling about the future....

People always dumped for $10 profit.

But after weeks we go finally a bit up and greedy people must instantly ruin it and sell for a $10 profit. That sucks... It will be hard to break this downtrend...

[UglyTroll]

It's not funny, who's selling big 

[MatTheCat]

It's not funny, who's selling big  

Nobody......yet.

But possibly that 300 odd BTC sell order was from the source that piled in yesterday anticipating the 'break through', that never happened cos it wasn't actually a valid trendline that was broken.

Edit: Now they are selling a bit bigger.

[BitCoinsLOL]

This is the beginning of a trend reversal. It might not pull through this time but the bull pressure is building 

the bulls have been gathering for a couple of weeks now, soon they'll all storm and trample those bears and make them hide in their caves and cry for a couple of months and then the whole process will repeat itself again.

 I disagree what bulls? No new money is coming in from anywhere.

[spazzdla]

$650!!!!!!!!!!!!!!!!

[theonewhowaskazu]

This thread reminds me that we are now more in a flat trend than a down trend.

[falllling]

This thread reminds me that we are now more in a flat trend than a down trend.

what if we drop back to $4xx in few weeks?

[vuduchyld]

This thread reminds me that we are now more in a flat trend than a down trend.

what if we drop back to $4xx in few weeks?

Not the end of the world.  I'm a buyer at $4xx.  Frankly, right now, I've got cash sitting on the sidelines.  Not selling, certainly, but not buying at $620, either.

[piramida]

This is the beginning of a trend reversal. It might not pull through this time but the bull pressure is building 

the bulls have been gathering for a couple of weeks now, soon they'll all storm and trample those bears and make them hide in their caves and cry for a couple of months and then the whole process will repeat itself again.

 I disagree what bulls? No new money is coming in from anywhere.

You base that on what? Lack of announcement?

[keithers]

This is the beginning of a trend reversal. It might not pull through this time but the bull pressure is building 

the bulls have been gathering for a couple of weeks now, soon they'll all storm and trample those bears and make them hide in their caves and cry for a couple of months and then the whole process will repeat itself again.

 I disagree what bulls? No new money is coming in from anywhere.

You base that on what? Lack of announcement?

I am definitely a buyer anywhere in the $400s

[Malin Keshar]

This is the beginning of a trend reversal. It might not pull through this time but the bull pressure is building 

the bulls have been gathering for a couple of weeks now, soon they'll all storm and trample those bears and make them hide in their caves and cry for a couple of months and then the whole process will repeat itself again.

 I disagree what bulls? No new money is coming in from anywhere.

You base that on what? Lack of announcement?

I am definitely a buyer anywhere in the $400s

I'm buyer anywhere below 600.

At 400's I'm in make everything to get money to buy bitcoins mode

[Skele]

600s and going up soon, but if this bomb will explode first it needs to crash to 300s maybe less and then rise from the ashes and reach 1000s

[bitlind]

This thread reminds me that we are now more in a flat trend than a down trend.

what if we drop back to $4xx in few weeks?

Not the end of the world.  I'm a buyer at $4xx.  Frankly, right now, I've got cash sitting on the sidelines.  Not selling, certainly, but not buying at $620, either.

To be fair, most of us are believers, so we are in at most any point.  I bought some just now at 618.  Every week USD into BTC...

[Cranky4u]

Dollar averaging solves 99% of your forecasting problems. 

[vuduchyld]

This thread reminds me that we are now more in a flat trend than a down trend.

what if we drop back to $4xx in few weeks?

Not the end of the world.  I'm a buyer at $4xx.  Frankly, right now, I've got cash sitting on the sidelines.  Not selling, certainly, but not buying at $620, either.

To be fair, most of us are believers, so we are in at most any point.  I bought some just now at 618.  Every week USD into BTC...

It's a good strategy.  You're right.  I should probably look at it that way.  I'm probably being greedy...and I might well miss a run.  Might have to backtest some what ifs....

[hyphymikey]

600s and going up soon, but if this bomb will explode first it needs to crash to 300s maybe less and then rise from the ashes and reach 1000s

And with everyone wanting coin this cheap, we will never see it happen.