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Author Topic: Your bear market is broken  (Read 1395 times)
Elwar (OP)
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May 15, 2014, 10:24:42 AM
 #1

Bear trend has been punctured. It is leaking bull market.

First seastead company actually selling sea homes: Ocean Builders https://ocean.builders  Of course we accept bitcoin.
Hunyadi
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May 15, 2014, 10:31:55 AM
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It sure looks like it. Still, I expect slow linear rise until the next bubble emerges.

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Elwar (OP)
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May 15, 2014, 10:35:37 AM
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It sure looks like it. Still, I expect slow linear rise until the next bubble emerges.

I agree, a slow rise is fine...there is no huge news to support rapid adoption.

Something like the Bitcoin ETF, ebay adoption or something else unknown will send the price up quickly.

First seastead company actually selling sea homes: Ocean Builders https://ocean.builders  Of course we accept bitcoin.
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May 15, 2014, 10:59:53 AM
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Yeah, CCMF. Bear market almost over ! China has exhausted all its FUD cards.
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May 15, 2014, 11:05:14 AM
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Then a whale dumps some coins, your bull market is broken too  Cheesy
TERA
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May 15, 2014, 12:11:40 PM
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Your volatile market is broken.
JustAnotherSheep
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May 15, 2014, 12:17:10 PM
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Heh. The 2 bearish log trendlines (stamp) would beg to differ.



Granted, small breakthrough on the linear price channel, but look at what happened last time this occurred on (relatively) low volume.



Of course, I could be wrong, I'm just another mindless sheep after all Smiley Merely saying that perhaps it helps one not to be too certain and cry "broken markets" at the slightest price movements such as this.

Is it a bull? Is it a bear? No, it's just another sheep.
notbatman
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May 15, 2014, 01:08:34 PM
 #8

That 15m TI on Bitstamp is impressive.
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May 15, 2014, 01:37:32 PM
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I have more buying to do.. we keep bear for the next month kk.
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May 15, 2014, 03:50:56 PM
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Then a whale dumps some coins, your bull market is broken too  Cheesy

Why on earth would a whale deliberately dump bitcoins just before a bull run? He'd be the biggest idiot in the world to do that, because if he'd wait for a few weeks he'd be able to make 20 times more.
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May 15, 2014, 04:03:47 PM
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Then a whale dumps some coins, your bull market is broken too  Cheesy

Why on earth would a whale deliberately dump bitcoins just before a bull run? He'd be the biggest idiot in the world to do that, because if he'd wait for a few weeks he'd be able to make 20 times more.

Can a whale explain to him please  Grin
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May 15, 2014, 05:43:50 PM
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I see some dumping coming  Grin Come on whale, don't just dump, explain to us first please  Wink
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May 15, 2014, 05:58:34 PM
 #13

I see some dumping coming  Grin Come on whale, don't just dump, explain to us first please  Wink

Dear Mr. Troll,

my name is Whale and I came here because you said my name three times. You told me to explain why I would dump. I can't! I'm busy planning to buy barrels of bitcoins to fill my Dagobert castle with. I'm so sorry, Mr. Troll.

Kind regards,
Whale

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