nick32768 (OP)
Newbie
Offline
Activity: 42
Merit: 0
|
|
June 25, 2014, 12:00:53 PM |
|
The auction of 30,000 BTC and the breakage of the log term support line are the perfect storm for a Bear Trap.
Do you agree ?
Nick.
|
|
|
|
atp1916
Legendary
Offline
Activity: 854
Merit: 1000
|
|
June 25, 2014, 12:05:23 PM |
|
If Bitcoin can survive Mt. Gox, it can survive some skimpy auction of 30k coins.
Bear trap to the max - just hold.
|
|
|
|
ajareselde
Legendary
Offline
Activity: 1722
Merit: 1000
Satoshi is rolling in his grave. #bitcoin
|
|
June 25, 2014, 12:20:00 PM |
|
If Bitcoin can survive Mt. Gox, it can survive some skimpy auction of 30k coins.
Bear trap to the max - just hold.
yeah , but those 30k are just a start... what matters now is predicting bottom as close as we can im 100% sure we will stay above 500$
|
|
|
|
DieJohnny
Legendary
Offline
Activity: 1639
Merit: 1006
|
|
June 25, 2014, 12:53:41 PM |
|
The auction of 30,000 BTC and the breakage of the log term support line are the perfect storm for a Bear Trap.
Do you agree ?
Nick.
I disagree, it is the perfect storm for a bear market though. This ship is listing heavily. I think we go down to low 400s. If my pain meter in my head is really right, we will go down to low 100s as that is the point i would consider selling and most of my investments make me want to sell before they go up, just saying.
|
Those who hold and those who are without property have ever formed distinct interests in society
|
|
|
alexeft
Legendary
Offline
Activity: 854
Merit: 1000
|
|
June 25, 2014, 12:57:44 PM |
|
The auction of 30,000 BTC and the breakage of the log term support line are the perfect storm for a Bear Trap.
Do you agree ?
Nick.
I disagree, it is the perfect storm for a bear market though. This ship is listing heavily. I think we go down to low 400s. If my pain meter in my head is really right, we will go down to low 100s as that is the point i would consider selling and most of my investments make me want to sell before they go up, just saying. I 'm selling all of my coins!!! Will you buy them for peanuts?
|
|
|
|
KimNam
|
|
June 25, 2014, 01:13:26 PM |
|
The auction of 30,000 BTC and the breakage of the log term support line are the perfect storm for a Bear Trap.
Do you agree ?
Nick.
I disagree, it is the perfect storm for a bear market though. This ship is listing heavily. I think we go down to low 400s. If my pain meter in my head is really right, we will go down to low 100s as that is the point i would consider selling and most of my investments make me want to sell before they go up, just saying. $100 to low i think if 30K BTC auction winner get it with cheap price and he iimmediately dump it to market, maybe we'll see huge drop of price but $100 is way too low i'll sell half of my BTC if it hit $500 after the auctions end
|
|
|
|
Miz4r
Legendary
Offline
Activity: 1246
Merit: 1000
|
|
June 25, 2014, 02:02:47 PM |
|
I think this is the best buying opportunity we will get in quite a while. Not 100% sure but nothing is 100% certain. The best trades often feel not too great when you make them, but looking back in two weeks from now you might regret not having bought more at this point.
|
Bitcoin = Gold on steroids
|
|
|
JimboToronto
Legendary
Offline
Activity: 4158
Merit: 4811
You're never too old to think young.
|
|
June 25, 2014, 03:32:05 PM |
|
i'll sell half of my BTC if it hit $500 after the auctions end
So you'd sell at a low point? Then what? Buy back in after it reaches $1000? That doesn't sound very smart. You must be a bear. Perhaps you should consider buying when the price dips and selling only during rallies when the price is up. Just a thought.
|
|
|
|
piramida
Legendary
Offline
Activity: 1176
Merit: 1010
Borsche
|
|
June 25, 2014, 03:45:53 PM |
|
The best trades often feel not too great when you make them
Exactly, I've been reviewing my sentiment during summer last year, when I bought too little coin at below $100 levels - it did feel like a very bad trade at the time. Too much jerking there and back, not sure if it is the bottom or maybe I would be able to buy more at $60, extremely cautious buys as a result, then lots of avoiadble headbanging in November. So yeah, all the better timed buys were at the most uncertain periods ($5 one, as well - "oh noes, we are three times above the lows, such expensive coin, stopped growing, I'll better wait")
|
i am satoshi
|
|
|
bitcasino
|
|
June 25, 2014, 05:13:54 PM |
|
The auction of 30,000 BTC and the breakage of the log term support line are the perfect storm for a Bear Trap.
Do you agree ?
Nick.
The auction of 30, 000 AND maybe the future auction of the other bitcoins seized ( 100, 000 ..) !!
|
|
|
|
zimmah
Legendary
Offline
Activity: 1106
Merit: 1005
|
|
June 25, 2014, 05:39:18 PM |
|
The auction of 30,000 BTC and the breakage of the log term support line are the perfect storm for a Bear Trap.
Do you agree ?
Nick.
I disagree, it is the perfect storm for a bear market though. This ship is listing heavily. I think we go down to low 400s. If my pain meter in my head is really right, we will go down to low 100s as that is the point i would consider selling and most of my investments make me want to sell before they go up, just saying. I might have agreed if we weren't already in a bear market for the past 6 months or so a bull market will come between now and the next 2 or 3 months.
|
|
|
|
ajareselde
Legendary
Offline
Activity: 1722
Merit: 1000
Satoshi is rolling in his grave. #bitcoin
|
|
June 25, 2014, 07:50:59 PM |
|
The auction of 30,000 BTC and the breakage of the log term support line are the perfect storm for a Bear Trap.
Do you agree ?
Nick.
I disagree, it is the perfect storm for a bear market though. This ship is listing heavily. I think we go down to low 400s. If my pain meter in my head is really right, we will go down to low 100s as that is the point i would consider selling and most of my investments make me want to sell before they go up, just saying. I might have agreed if we weren't already in a bear market for the past 6 months or so a bull market will come between now and the next 2 or 3 months. doubt it. i believe we were in a real recovery, but all those over-speculations, overexpectations and bad press are plumming us down/sideways. also, judging by fiat needed to push the price now, which is higher, doubt we will see a realy bull for some time..
|
|
|
|
spiderbrain
Legendary
Offline
Activity: 889
Merit: 1013
|
|
June 25, 2014, 11:15:16 PM |
|
Yep, I think bear trap. Because of the breaking of a major growth trend a lot of very technical traders are selling, but I reckon the SR auction results will be bullish if this is anything to go by ( http://www.bloomberg.com/video/u-s-to-auction-17-4m-worth-of-seized-bitcoin-5ib0r6DrRNGXRQ4RCsty0A.html) and these new entrants don't know anything about the 2 different exponential growth support lines which bitcointalk forum nerds are obsessed with, they just know that 1) there is very little trust in the global financial system 2) you don't need trust with bitcoin and 3) the richest 1% of the world population would only be allowed 0.2 bitcoin each if they were spread across them evenly. Don't tell rich people they can't have something, they'll go nuts.
|
|
|
|
Skele
Full Member
Offline
Activity: 224
Merit: 100
VocalPlatform.com
|
|
June 25, 2014, 11:35:16 PM |
|
An auction has the posibility for an overpriced selling, right? why if we are lucky and those 30k are sold over $600, get ready for the rally...
|
|
|
|
atp1916
Legendary
Offline
Activity: 854
Merit: 1000
|
|
June 25, 2014, 11:36:52 PM |
|
An auction has the posibility for an overpriced selling, right? why if we are lucky and those 30k are sold over $600, get ready for the rally...
Trust me, there will be a rally / panic buy right back up to 650+ once it's blindingly obvious that there won't be a crash directly due to actual auction events / outcomes.
|
|
|
|
crowetic
Legendary
Offline
Activity: 2282
Merit: 1072
https://crowetic.com | https://qortal.org
|
|
June 27, 2014, 10:32:33 PM |
|
Trust me, there will be a rally / panic buy right back up to 650+ once it's blindingly obvious that there won't be a crash directly due to actual auction events / outcomes.
I trust you! <squeezes teddy bear> *laughs* definitely. I trust in atp.
|
▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓ ▒▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓ ▒▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓ ▒▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓ ▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓ ▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓ ▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓ ▓▓▓▓▓▓▓▓▓▓▓▓▓ ▓▓▓▓▓▓▓▓▓▓▓▓▓ ▓▓▓▓▓▓▓▓▓▓▓▓ ▓▓▓▓▓▓▓▓▓▓▓▓ ▒▓▓▓▓▓▓▓▓▓▓▒ ▒▓▓▓▓▓▓▓▓▓▓ ▓▓▓▓▓▓▓▓▓▓▒ ▒▓▓▓▓▓▓▓▓▓▓ ▒▓▓▓▓▓▓▓▓▓▓ ▓▓▓▓▓▓▓▓▓▓ ▓▓▓▓▓▓▓▓▓▓▒ ▒▓▓▓▓▓▓▓▓▓ ▓▓▓▓▓▓▓▓▓▓▒ ▓▓▓▓▓▓▓▓▓▓ ▒▓▓▓▓▓▓▓▓▓▓ ▒▓▓▓▓▓▒ ▓▓▓▓▓▓▓ ▓▓▓▓▓▓▓▓▓▓ ▓▓▓▓▓▓▓ ▓▓▓▓▓ ▓▓▓▓▓▓▓▓▓▓▓ ▒▒▒▒▒▒ ▓▓▓▓▓▓▒ ▓▓▓ ▓▓▓▓▓▓▓▓▓▓▓ ▒▓▓▓▓▓▓ ▒▓▓▓▓▓▓ ▒▓▓▓▓▓▓▓▓▓▓▓▒ ▓▓▓▓▓▓▓ ▒▓▓▓▓▓▓ ▒▓▓▓▓▓▓▓▓▓▓▓▓▓ ▓▓▓▓▓▓▒ ▓▓▓▓▓▓▓ ▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▒ ▓▓▓▓▓▓▒ ▓▓▓▓▓▓ ▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓ ▒▓▓▓▓▓▓▒ ▒▓▓▓▓▓▓ ▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓ ▒▓▓▓▓▓▓ ▒▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓ ▓▓▓▓▓▓▓ ▒▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓ ▒▓▓▓▓▓▓▓▓▓▓▓▓▓▓
| ORTAL
| .⊙.Web and Application hosting. ⊙ decentralized infrastructure .⊙.leveling and voting.
| Founder/current dev group facilitator |
[/td][/tr][/table] [/table]
|
|
|
Wandererfromthenorth
|
|
June 27, 2014, 10:37:34 PM |
|
Trust me, there will be a rally / panic buy right back up to 650+ once it's blindingly obvious that there won't be a crash directly due to actual auction events / outcomes.
I trust you! <squeezes teddy bear> Go ahead, your teddy bear is not the only bear that is gonna be squeezed
|
|
|
|
adamstgBit
Legendary
Offline
Activity: 1904
Merit: 1037
Trusted Bitcoiner
|
|
June 27, 2014, 10:41:30 PM |
|
Bear Trap Confirmed
|
|
|
|
ajareselde
Legendary
Offline
Activity: 1722
Merit: 1000
Satoshi is rolling in his grave. #bitcoin
|
|
June 27, 2014, 10:49:29 PM |
|
An auction has the posibility for an overpriced selling, right? why if we are lucky and those 30k are sold over $600, get ready for the rally...
Trust me, there will be a rally / panic buy right back up to 650+ once it's blindingly obvious that there won't be a crash directly due to actual auction events / outcomes. well i sure hope you are right. but, there is a real dose of uncertinty to everything now, even when its obvious that correction to 630-650 range should occur.
|
|
|
|
|