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Question: Are we in a bear trap?
Yes
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blatchcorn (OP)
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June 25, 2014, 05:38:51 PM
 #1

Lets see how many people will miss out on the July rally  Cheesy
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June 26, 2014, 03:52:11 AM
 #2

Lets see how many people will miss out on the July rally  Cheesy

I won't miss out on the July bear rally.
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June 26, 2014, 04:00:14 AM
 #3

We are in bull trap.
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June 26, 2014, 04:59:02 AM
 #4

I don't think we are in any sort of 'trap' whatsoever.   I think there is uncertainty and some confusion in the market.  With all the adoption and news lately, you would think that prices would continue to slowly tick upwards, but we have slowed.   I think people who are not in BTC long, are kind of baffled as to whether they should be selling some, or buying more...
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June 26, 2014, 05:38:09 AM
 #5

Not me, I think most people are speculating the prices to go higher but I think its stuck now and its about to fall and july will be it.

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June 26, 2014, 06:01:14 AM
 #6

Not me, I think most people are speculating the prices to go higher but I think its stuck now and its about to fall and july will be it.

What do you mean by "july will be it"? Like it will go up from there, or are you implying it will crash
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June 26, 2014, 06:19:26 AM
 #7

Not me, I think most people are speculating the prices to go higher but I think its stuck now and its about to fall and july will be it.

What do you mean by "july will be it"? Like it will go up from there, or are you implying it will crash


He means it will go down.  He says this because he was asleep at the wheel when it hit $400s.
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June 26, 2014, 08:43:57 AM
 #8

Not me, I think most people are speculating the prices to go higher but I think its stuck now and its about to fall and july will be it.

What do you mean by "july will be it"? Like it will go up from there, or are you implying it will crash
I think he's talking about a rally to 5k? I've seen that chart posted here Grin Grin Grin

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ALToids
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June 26, 2014, 09:12:57 AM
 #9

What the hell you talking about $5k.  We can barely keep $600 in sight.
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June 26, 2014, 09:17:21 AM
 #10

Ask the one who made the chart..   Roll Eyes

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June 26, 2014, 10:01:08 AM
 #11

Ask the one who made the chart..   Roll Eyes

Which chart?  Need a link.  None of the indicators show any major uptrend.
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June 26, 2014, 10:07:12 AM
 #12

Things will clear up after the auctions. I am holding my coins for the eBay/paypal rally. May not be in July, but soon-ish.

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akujin
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June 26, 2014, 10:23:24 AM
 #13

Ask the one who made the chart..   Roll Eyes

Which chart?  Need a link.  None of the indicators show any major uptrend.
I think this one https://bitcointalk.org/index.php?topic=654663.0

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June 26, 2014, 02:37:32 PM
 #14

I'll just leave this here:

http://www.bloomberg.com/video/u-s-to-auction-17-4m-worth-of-seized-bitcoin-5ib0r6DrRNGXRQ4RCsty0A.html
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June 26, 2014, 03:10:22 PM
 #15

She pronounced "cache"
cash-eh
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June 26, 2014, 04:35:09 PM
 #16

We're in a bear market, not a bear trap.

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June 26, 2014, 05:22:39 PM
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I'm not really a guru, but you can call me that if y--- this guy!!

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June 26, 2014, 07:35:26 PM
 #18

We're in a bear market, not a bear trap.

The same was said in agoust 2013 when we were heading 90s and then suddenly the market started to go way up.
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June 26, 2014, 08:26:36 PM
 #19

I'm pretty sure we are at the point in the cycle just before the take off and media attention.

and that would indeed be the bear trap.

Note how pessimistic everybody has become, the most depressive time is usually just before a bubble, and the best time to buy.

Just like the coldest time is just before the break of dawn.
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June 26, 2014, 08:52:04 PM
 #20

I'm pretty sure we are at the point in the cycle just before the take off and media attention.

and that would indeed be the bear trap.

Note how pessimistic everybody has become, the most depressive time is usually just before a bubble, and the best time to buy.

Just like the coldest time is just before the break of dawn.

It's weird that people are being so pessimistic right now when business development is at an all time high.   I mean, there are literally new BTC apps and business rolling out every day, in addition to new companies announcing BTC support.
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