I think we're in a bull trap after all

[Hunterbunter]

u are wrong

About what?

your conclusion is wrong because the data is LOL, making any serious study based on data that can be "changed" using 10 000 USD or even less = wrong

Alright, so how do you decide whether to go long or short? Don't use any charts and just wait for the market to do something? That's fine if so.

If you look at charts, do you know the difference between a deliberate change and a real one?

[Oldminer]

Bullcrap! 

[Hunterbunter]

Alright, so how do you decide whether to go long or short? Don't use any charts and just wait for the market to do something? That's fine if so.

If you look at charts, do you know the difference between a deliberate change and a real one?

flip a coin you only have 50% chances to be wrong you will sleep better  blaming the bad luck that thinkng that some random dude with 10k USD is playing with your logic

So in other words you're just trolling?

What you think of the system is irrelevant to a problem framed within its structure.

[Hunterbunter]

So in other words you're just trolling?

nope i just try to save you some stress because later you wont understand where is the flaw in your analysis

Thanks for caring.

[waspoza]

The shorts below 5 $ are a great bait for bulls, if they decide to take it...

Perhaps you are right but then...let's wait and see....

I am not saying I am right, just saying that this would be a springboard to create a big short squeeze.

Except there is lack of short positions on bitcoinica. https://www.bitcoinica.com/pages/interest
If someone want to hunt for leverage, there is only one way: down.

[notme]

The shorts below 5 $ are a great bait for bulls, if they decide to take it...

Perhaps you are right but then...let's wait and see....

I am not saying I am right, just saying that this would be a springboard to create a big short squeeze.

Except there is lack of short positions on bitcoinica. https://www.bitcoinica.com/pages/interest
If someone want to hunt for leverage, there is only one way: down.

You misunderstand... They certainly have more bitcoin reserves than dollar reserves, but those numbers don't tell you much about the positions people have taken up without knowing how much of each currency is on deposit.

I suspect they simply have a lot more bitcoins than dollars that have been deposited.

[Hunterbunter]

I didn't say it was necessarily going to drop right now .

[Hunterbunter]

I didn't say it was necessarily going to drop right now .

i expect the drop to be about 5.8 <-> 5.9

Sounds fair. It's a date.

[ElectricMucus]

psst... 

[Hunterbunter]

I didn't say it was necessarily going to drop right now .

i expect the drop to be about 5.8 <-> 5.9

Looks like even that may have been optimistic.

Still no takers?

[ElectricMucus]

Nah I gonna wait this one out, It would be a shame if the big crash starts now but at least I wont be at a loss.

[Hunterbunter]

Nah I gonna wait this one out, It would be a shame if the big crash starts now but at least I wont be at a loss.

Fair enough, I suppose it's not much of a trap anyway if people see it coming.

The selling pressure has been stupendous the last 3 weeks...gotta end some day, right?

EDIT: But it shall not be this day!

[bittenbob]

I have to wonder if some of this massive selling has anything to do with the linode theft. Those coins have to be dumped on the market at some point and they could have been mixed more than enough by now to have made their way back to market. I have zero proof to back this up but this is the speculation section of the forum after all.

[vokain]

Your analysis is based on four previous bull runs up. That is hardly a "standard" to be using as a measuring stick of what should happen with the price. Remember that when those to previous moves happened the bitcoin community was about 1/5 of what it is now.

Fair enough, why is it flat then?

Same reason it was relatively flat on first blue up arrow a first?

Just be patient bro.

and look where being patience that got us!