Bitcoin Forum
December 10, 2016, 08:35:51 PM *
News: Latest stable version of Bitcoin Core: 0.13.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: PANIC  (Read 2576 times)
arepo
Sr. Member
****
Offline Offline

Activity: 448


this statement is false


View Profile
February 14, 2012, 07:23:09 AM
 #1




if a falling knife, bad news on the exchanges, and chicken little screaming about a 94% correction is not panic then i don't know what is.





at this point, we've completely deflated the bubble to $7.20. the Accumulation/Distribution Line is precisely at the level it was at the eve of the rally. in fact, this analysis:


Interestingly enough, if you compare the magnitudes of each rally and assume that they will drop as much as the first rally as a magnitude of the percentage, you get a "perfect" estimate of a 33% drop from our high of $7.22, bringing us down to $4.81.

...God damn 33% percent retracement rule.
Damn I'm good. Let's see if this holds...


...echoes my observation. bull market ahead! and i know there will be naysayers because that's what PANIC means. but i've already capitulated, so i'm just letting you guys know just how far ahead of the market im trading Tongue

this sentence has fifteen words, seventy-four letters, four commas, one hyphen, and a period.
18N9md2G1oA89kdBuiyJFrtJShuL5iDWDz
1481402151
Hero Member
*
Offline Offline

Posts: 1481402151

View Profile Personal Message (Offline)

Ignore
1481402151
Reply with quote  #2

1481402151
Report to moderator
1481402151
Hero Member
*
Offline Offline

Posts: 1481402151

View Profile Personal Message (Offline)

Ignore
1481402151
Reply with quote  #2

1481402151
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1481402151
Hero Member
*
Offline Offline

Posts: 1481402151

View Profile Personal Message (Offline)

Ignore
1481402151
Reply with quote  #2

1481402151
Report to moderator
BCMan
Hero Member
*****
Offline Offline

Activity: 527



View Profile
February 14, 2012, 07:30:43 AM
 #2

 Yeah, bitcoin will die soon anyway.

RicePicker
Full Member
***
Offline Offline

Activity: 215


RicePicker


View Profile
February 14, 2012, 07:33:09 AM
 #3

Yeah, bitcoin will die soon anyway.

Can I have your bitcoins then?

Everyone is entitled to their own opinion. It's just that yours is stupid! =D
arepo
Sr. Member
****
Offline Offline

Activity: 448


this statement is false


View Profile
February 14, 2012, 07:33:18 AM
 #4

Yeah, bitcoin will die soon anyway.


some perspective:


PRICES BACK TO WHAT THEY WERE 10 WEEKS AGO



RIP BITCOIN

this sentence has fifteen words, seventy-four letters, four commas, one hyphen, and a period.
18N9md2G1oA89kdBuiyJFrtJShuL5iDWDz
zby
Legendary
*
Offline Offline

Activity: 1431


View Profile
February 14, 2012, 08:42:28 AM
 #5

...
 bull market ahead! and i know there will be naysayers because that's what PANIC means. but i've already capitulated, so i'm just letting you guys know just how far ahead of the market im trading Tongue

Have a look at the autumn chart and think about how long this panic can take.
neptop
Sr. Member
****
Offline Offline

Activity: 314


View Profile
February 14, 2012, 08:59:50 AM
 #6

Yay, this means a new generation of Bitcoiners. Everyone complaining about unfair advantages of very (very, very) early adopters this is your chance!

Time for some reminiscence: Oh god, Bitcoin is is going to die because of massive deflation. Price is never going to go down. People will always keep their coins. No markets can establish.

Those were the days my friend. We thought they'd never end... Cheesy

Happy Valentine's Day!

(Maybe people just cash out to buy flowers and pralines? Hey folks, you can get these with Bitcoins!)

BitCoin address: 1E25UJEbifEejpYh117APmjYSXdLiJUCAZ
Technomage
Legendary
*
Offline Offline

Activity: 1624


Affordable Physical Bitcoins - Denarium.com


View Profile WWW
February 14, 2012, 10:26:58 AM
 #7

This is a good analysis. We're definitely in the panic phase but I'm not quite sure that we've reached capitulation yet.

To zby I must say that comparing this to Autumn makes no sense to me. The so called bad news that we've recently experienced are not nearly as significant this time around, not yet at least.

Price movement is not purely technical, many follow what is going on in the Bitcoin world. Currently there are reasons to be optimistic about Bitcoin's current state, I talked about that in the thread called "Meanwhile...".

Denarium - Leading Physical Bitcoin Manufacturer - Special Xmas deals now live!
gewure
Sr. Member
****
Offline Offline

Activity: 364


[#][#][#]


View Profile
February 14, 2012, 05:37:07 PM
 #8

Yeah, bitcoin will die soon anyway.


some perspective:


PRICES BACK TO WHAT THEY WERE 10 WEEKS AGO



RIP BITCOIN

arepo, you know im a bitcoin bull and optimist - but i indeed think this selloff to 4.2 is very bad for bitcoin. it shows the HUGE panic-potential to the downside and the huge panic-scepticism on the upside.

joulesbeef
Sr. Member
****
Offline Offline

Activity: 476


moOo


View Profile
February 14, 2012, 05:46:29 PM
 #9

prices are where they were a year ago as well.... yawn


sometimes when opportunity knocks, people go running screaming out the back door must be gingivitis

mooo for rent
neptop
Sr. Member
****
Offline Offline

Activity: 314


View Profile
February 20, 2012, 10:41:59 AM
 #10

Yay, so we managed to stabilize Bitcoin?! (not serious)

BitCoin address: 1E25UJEbifEejpYh117APmjYSXdLiJUCAZ
vokain
Legendary
*
Offline Offline

Activity: 1610


V.V.V.V.V.


View Profile
July 03, 2013, 10:21:03 PM
 #11

prices are where they were a year ago as well.... yawn


sometimes when opportunity knocks, people go running screaming out the back door must be gingivitis


sounds like DENIAL!!!

...مكتوب
Escape the plutocrats’ zanpakutō, Flower in the Mirror, Moon on the Water: brave “the ascent which is rough and steep” (Plato).
Pages: [1]
  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!