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Author Topic: Capitulation in progress  (Read 1613 times)
Oldminer (OP)
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February 16, 2012, 12:14:51 AM
 #1

$4 the new high


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SlaveInDebt
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February 16, 2012, 12:18:18 AM
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I killed Bitcoin with my last transaction Undecided


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M4v3R
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February 16, 2012, 12:24:02 AM
 #3

Panic!  Shocked
adamstgBit
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February 16, 2012, 12:24:51 AM
 #4

I killed Bitcoin with my last transaction Undecided


huh?

SlaveInDebt
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February 16, 2012, 12:28:04 AM
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I killed Bitcoin with my last transaction Undecided

huh?

http://en.wikipedia.org/wiki/187_(slang)

Run the 20th is coming the 20th is coming  Shocked

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Edward50
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February 16, 2012, 12:28:52 AM
 #6

I am loving it, no manipulators to bail any of you suckers out. Who ever was stupid enough not to sell their bitcoins deserves the huge losses they will be taking.

Empty your mind, be formless, shapeless — like water. Now you put water in a cup, it becomes the cup; You put water into a bottle it becomes the bottle; You put it in a teapot it becomes the teapot. Now water can flow or it can crash. Be water, my friend.
Oldminer (OP)
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February 16, 2012, 12:34:20 AM
 #7

I just hope everyones short...  Roll Eyes

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PatrickHarnett
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February 16, 2012, 12:38:05 AM
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https://bitcointalk.org/index.php?topic=63335.msg740993#msg740993

I love the disclaimer from a few short days ago, and the line "safe bet in my opinion to buy right now".
Oldminer (OP)
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February 16, 2012, 12:41:23 AM
 #9

$4 $3.86 the current bid HIGH

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February 16, 2012, 12:41:47 AM
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"A banker is a fellow who lends you his umbrella when the sun is shining, but wants it back the minute it begins to rain." - Mark Twain
BadBear
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February 16, 2012, 03:05:46 AM
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Not short, but I did sell @ a little above 5.  Rebought at 4.40, sold again at 4.70. I had bids at 3.50, but put them even lower, I'm out for now.

Hopefully the long term trends hold and it doesn't quite reach 2.50.  Then all this repeats all over again. Nobody said this shit was gonna be easy. 

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Spekulatius
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February 16, 2012, 03:24:27 AM
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Then all this repeats all over again. Nobody said this shit was gonna be easy. 

... Only this time with (hopefully) full Dollar reserves at bitcoinica to drive the price to the moon before crashing into the sun next turn around.
dropt
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February 16, 2012, 03:29:08 AM
 #13

I am loving it, no manipulators to bail any of you suckers out. Who ever was stupid enough not to sell their bitcoins deserves the huge losses they will be taking.

A) Would those be the same idiots who followed your advice to buy in at 6$
B) They're only losses if you sell.
C) Shut up already, your "intuition" sucks.

Oldminer (OP)
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February 16, 2012, 03:55:45 AM
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... Only this time with (hopefully) full Dollar reserves at bitcoinica to drive the price to the moon before crashing into the sun next turn around.

 Grin

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February 16, 2012, 04:04:57 AM
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Re: Capitulation in progress

I think we just entered panic mode and are heading to capitulation once 3$ are passed. My worst bearish scenario: 2.50$ in 1 month and then up (although I should multiply the time factor with bitcoinica nowadays, wich equates to 1 week until we hit the bottom) [dont nail me down on it Wink]
miscreanity
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February 16, 2012, 04:34:50 AM
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Re: Capitulation in progress

I think we just entered panic mode and are heading to capitulation once 3$ are passed. My worst bearish scenario: 2.50$ in 1 month and then up (although I should multiply the time factor with bitcoinica nowadays, wich equates to 1 week until we hit the bottom) [dont nail me down on it Wink]

3 steps forward, 2 steps back.

Still waiting for that $3-4 range (crossing fingers for a dip with a $2 handle) to light up the real panic.
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