Bitcoin Forum
December 11, 2016, 08:15:52 AM *
News: To be able to use the next phase of the beta forum software, please ensure that your email address is correct/functional.
 
   Home   Help Search Donate Login Register  
Poll
Question: Is the 7.20$ bubble poping?
Yes - 33 (39.8%)
No - 45 (54.2%)
Other, see post below - 5 (6%)
Total Voters: 82

Pages: [1] 2 »  All
  Print  
Author Topic: [Daily Speculation Poll] :: The Bitcoin Trap  (Read 2184 times)
adamstgBit
Legendary
*
Offline Offline

Activity: 1904


Trusted Bitcoiner


View Profile WWW
January 25, 2012, 11:41:16 PM
 #1

 Cheesy

i see slow climbs and fast drops as the new trend. bitcoin!

Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
Vandroiy
Legendary
*
Offline Offline

Activity: 1036


View Profile
January 25, 2012, 11:50:21 PM
 #2

Assuming the "poping" of "the 7.20 bubble" means the bust continuing after the echo bubble, yes.

I already wrote that though, more than two weeks ago. Tongue
teflone
Hero Member
*****
Offline Offline

Activity: 770


You're fat, because you dont have any pics on FB


View Profile
January 25, 2012, 11:51:15 PM
 #3

Cheesy

i see slow climbs and fast drops as the new trend. bitcoin!








I see large fast drops, and slow descents the norm..   What feed are you watching ?  Smiley

For Canadians by Canadians: Canada's Bitcoin Community - https://www.coinforum.ca/
StewartJ
Sr. Member
****
Offline Offline

Activity: 392



View Profile
January 26, 2012, 12:14:18 AM
 #4

Once-a-week $1 smack-downs, bumping up .50 cents, then week-long sideways movement w/no volume.

Repeat in continuing downward trend.  Until positive volume picks up.
ineededausername
Hero Member
*****
Offline Offline

Activity: 784


bitcoin hundred-aire


View Profile
January 26, 2012, 12:43:46 AM
 #5

We're rapidly moving to despair, and it will only get worse this month (and maybe Feb and part of March)

Brace yourselves for $4!  Down we go!

(BFL)^2 < 0
proudhon
Legendary
*
Offline Offline

Activity: 1148



View Profile
January 26, 2012, 12:53:35 AM
 #6

We're rapidly moving to despair, and it will only get worse this month (and maybe Feb and part of March)

Brace yourselves for $4!  Down we go!

I think you're probably right.  A few days ago there was $1.6 million in bids.  Now there's $1 million.  Some of that got scared off, but a good portion of it was sold into.  Now that people are getting scared, more bids will get pulled and we'll probably get an accelerated downward movement - aka, panic.  As a side note, it would take an immediate $1 million just to get the price back to $7.20; that's in the event of a sudden order placed for everything between the current price and $7.20.  The resistance is getting a lot stronger.  I think a couple things are happening at once  - (1) more bitcoins are being moved to MtGox, and (2) not much new money is coming in.  Nagle could still be proved right, in the end.  We could just be witnessing the fighting last breaths.
StewartJ
Sr. Member
****
Offline Offline

Activity: 392



View Profile
January 26, 2012, 12:56:38 AM
 #7

Blue Horseshoe loves Anacott Steel.
bb113
Hero Member
*****
Offline Offline

Activity: 728


View Profile
January 26, 2012, 01:02:41 AM
 #8

The problem is everyone just waits for one of the big players to decide to do something and then ride the waves. I think thats why we see the price jump up or down, then equilibriate halfway in between, until the next big sell or buy occurs. There is too much uncertainty for normal people to make decisions regarding short term trading. Sentiment and the fundamentals appear to be irrelevant, so everyone just waits for whatever big move will occur next.
adamstgBit
Legendary
*
Offline Offline

Activity: 1904


Trusted Bitcoiner


View Profile WWW
January 26, 2012, 01:05:45 AM
 #9

Once-a-week $1 smack-downs, bumping up .50 cents, then week-long sideways movement w/no volume.

Repeat in continuing downward trend.  Until positive volume picks up.

now, they know we know. Question is, do they know we know that they know we know! Cool

antoineph
Full Member
***
Offline Offline

Activity: 181


View Profile
January 26, 2012, 01:07:15 AM
 #10

Once-a-week $1 smack-downs, bumping up .50 cents, then week-long sideways movement w/no volume.

Repeat in continuing downward trend.  Until positive volume picks up.

now, they know we know. Question is, do they know we know that they know we know! Cool

well, now they do.
StewartJ
Sr. Member
****
Offline Offline

Activity: 392



View Profile
January 26, 2012, 01:12:40 AM
 #11

Once-a-week $1 smack-downs, bumping up .50 cents, then week-long sideways movement w/no volume.

Repeat in continuing downward trend.  Until positive volume picks up.

now, they know we know. Question is, do they know we know that they know we know! Cool

The Smack-Down Goblin knows all....  (hushed silence)
teflone
Hero Member
*****
Offline Offline

Activity: 770


You're fat, because you dont have any pics on FB


View Profile
January 26, 2012, 01:21:31 AM
 #12

Once-a-week $1 smack-downs, bumping up .50 cents, then week-long sideways movement w/no volume.

Repeat in continuing downward trend.  Until positive volume picks up.

now, they know we know. Question is, do they know we know that they know we know! Cool

hilarious!

Cheesy

I spit a bit of chips I was eating on my desk when I read that asshole! Cheesy hhahaha

For Canadians by Canadians: Canada's Bitcoin Community - https://www.coinforum.ca/
StewartJ
Sr. Member
****
Offline Offline

Activity: 392



View Profile
January 26, 2012, 01:22:17 AM
 #13

Gosh, trading for whole week at $6.30.

Now we've bumped down to $5.80 for another week of brain-dead sideways movement.

~~ groan ~~
elux
Legendary
*
Offline Offline

Activity: 1455



View Profile
January 26, 2012, 03:09:15 AM
 #14

Gosh, trading for whole week at $6.30.

Now we've bumped down to $5.80 for another week of brain-dead sideways movement.


Nuh-uh, not so sure about that. As people will start to realize that their current 6.25 - 7.20 asks are getting increasingly unattainable, the mountain of asks will move lower to overwhelm the bid side. The bottom could well fall out over the next week, if the panic hasn't started already.
bittenbob
Hero Member
*****
Offline Offline

Activity: 560


View Profile
January 26, 2012, 03:17:15 AM
 #15

Gosh, trading for whole week at $6.30.

Now we've bumped down to $5.80 for another week of brain-dead sideways movement.


Nuh-uh, not so sure about that. As people will start to realize that their current 6.25 - 7.20 asks are getting increasingly unattainable, the mountain of asks will move lower to overwhelm the bid side. The bottom could well fall out over the next week, if the panic hasn't started already.

All this talk of dropping prices makes me think we are ready for another spike up.
kwukduck
Legendary
*
Offline Offline

Activity: 1569


View Profile
January 26, 2012, 03:17:42 AM
 #16

70 cents, here we come Smiley Told you...

14b8PdeWLqK3yi3PrNHMmCvSmvDEKEBh3E
bittenbob
Hero Member
*****
Offline Offline

Activity: 560


View Profile
January 26, 2012, 03:19:26 AM
 #17

70 cents, here we come Smiley Told you...

LOL what? An expected correction means $0.70?
RyNinDaCleM
Legendary
*
Offline Offline

Activity: 2002


Legen -wait for it- dary


View Profile
January 26, 2012, 03:19:57 AM
 #18

Gosh, trading for whole week at $6.30.

Now we've bumped down to $5.80 for another week of brain-dead sideways movement.


Nuh-uh, not so sure about that. As people will start to realize that their current 6.25 - 7.20 asks are getting increasingly unattainable, the mountain of asks will move lower to overwhelm the bid side. The bottom could well fall out over the next week, if the panic hasn't started already.

All this talk of dropping prices makes me think we are ready for another spike up.

With overwhelming sentiment, comes opposite movement!

Oldminer
Legendary
*
Offline Offline

Activity: 1022



View Profile
January 26, 2012, 03:26:31 AM
 #19

We're rapidly moving to despair, and it will only get worse this month (and maybe Feb and part of March)

Brace yourselves for $4!  Down we go!

+1

If you like my post please feel free to give me some positive rep https://bitcointalk.org/index.php?action=trust;u=18639
Tip me BTC: 1FBmoYijXVizfYk25CpiN8Eds9J6YiRDaX
sgbett
Legendary
*
Offline Offline

Activity: 1330



View Profile
January 26, 2012, 03:29:43 AM
 #20

Gosh, trading for whole week at $6.30.

Now we've bumped down to $5.80 for another week of brain-dead sideways movement.


Nuh-uh, not so sure about that. As people will start to realize that their current 6.25 - 7.20 asks are getting increasingly unattainable, the mountain of asks will move lower to overwhelm the bid side. The bottom could well fall out over the next week, if the panic hasn't started already.

All this talk of dropping prices makes me think we are ready for another spike up.

With overwhelming sentiment, comes opposite movement!

Not yet. We're barely out of the 'buy now whilst you still have the chance' phase...

You'll know we are ready for a spike up when you stop thinking it's possible we'll get one Wink

http://haschinabannedbitcoin.com
Full Node: http://46.51.193.129 (BU)
"A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution" - Satoshi Nakamoto
Pages: [1] 2 »  All
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!