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Author Topic: Starting to sense pessimism...  (Read 5415 times)
sgbett (OP)
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February 14, 2012, 01:15:50 PM
 #41



Patience is the key. Bitcoinica orders are all filling in nicely. I sense a distinct speculation forum mood change... I wonder how far down we'll go... I wonder if I have orders low enough Smiley

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proudhon
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February 14, 2012, 01:17:04 PM
 #42

Oooohhh, scary.

Bitcoin Fact: the price of bitcoin will not be greater than $70k for more than 25 consecutive days at any point in the rest of recorded human history.
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February 14, 2012, 01:39:56 PM
 #43



Patience is the key. Bitcoinica orders are all filling in nicely. I sense a distinct speculation forum mood change... I wonder how far down we'll go... I wonder if I have orders low enough Smiley

Is there any reading material related to this cycle?  How often do markets break this cycle?
sgbett (OP)
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February 14, 2012, 04:54:06 PM
 #44

It's more of an indication of how crowd mentality works. How you interpret the effect on price is anybody's guess!

"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
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gewure
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February 14, 2012, 05:05:12 PM
 #45

lol. nothing to sense at my place after a 40% drop. was forced out with a 90% loss.

idk. now comes the time of depression and having the urge to tell everybody?!
and then, when prices rise a bit, i shall beginn to feel hopefull again?! - sorry bros, but you kind of scared me away the hard way by droping prices like mad, putting up fakewalls like mad, following FUD like mad  Cry

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July 03, 2013, 10:22:01 PM
 #46

Despair: the emotion of hope?

the emotion of losing money!!!!!
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