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Author Topic: Bull vs Bear is so 20th century  (Read 2255 times)
Qoheleth
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May 01, 2012, 07:46:35 AM
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In the cutting edge world of Bitcoin, it's "secret rocket versus secret submarine"!

If there is something that will make Bitcoin succeed, it is growth of utility - greater quantity and variety of goods and services offered for BTC. If there is something that will make Bitcoin fail, it is the culture of naive fools and conmen, the former convinced that BTC is a magic box that will turn them into millionaires, and the latter arriving by the busload to devour them.
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ineededausername
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May 01, 2012, 12:24:34 PM
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I needed a username, and I approve this message.

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May 01, 2012, 02:05:32 PM
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I needed a username, and I approve this message.

I need to spend more time on http://www.reddit.com/r/deCrypto (nsfw)

One off NP-Hard.
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May 01, 2012, 04:18:59 PM
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In the cutting edge world of Bitcoin, it's "secret rocket versus secret submarine"
Being a True Believer is so very 20th century, but take that away and you completely lose the interest of a large portion of the Bitcoin audience. It's all been done before, don't kid yourself, kids.

As for the game of trading, Bitcoin is a solid short all the way to the foreseeable end, just don't be the last one to leave the party.

“There are two novels that can change a bookish fourteen-year old's life: The Lord of the Rings and Atlas Shrugged. One is a childish fantasy that often engenders a lifelong obsession with its unbelievable heroes, leading to an emotionally stunted, socially crippled adulthood, unable to deal with the real world. The other, of course, involves orcs.”
― John Rogers
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May 01, 2012, 05:12:50 PM
 #5

In the cutting edge world of Bitcoin, it's "secret rocket versus secret submarine"

As for the game of trading, Bitcoin is a solid short all the way to the foreseeable end, just don't be the last one to leave the party.


what is your definition for the foreseeable end?


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Always do your own due diligence & consult your financial advisor. Never invest unless you can afford to lose your entire investment.

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faidsaid
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May 01, 2012, 05:23:37 PM
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In the cutting edge world of Bitcoin, it's "secret rocket versus secret submarine"
As for the game of trading, Bitcoin is a solid short all the way to the foreseeable end, just don't be the last one to leave the party.
what is your definition for the foreseeable end?
Evidently your expertise is not as great as the attention you gather for it. Consider this your homework assignment.

“There are two novels that can change a bookish fourteen-year old's life: The Lord of the Rings and Atlas Shrugged. One is a childish fantasy that often engenders a lifelong obsession with its unbelievable heroes, leading to an emotionally stunted, socially crippled adulthood, unable to deal with the real world. The other, of course, involves orcs.”
― John Rogers
SkRRJyTC
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May 01, 2012, 05:26:31 PM
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In the cutting edge world of Bitcoin, it's "secret rocket versus secret submarine"
As for the game of trading, Bitcoin is a solid short all the way to the foreseeable end, just don't be the last one to leave the party.
what is your definition for the foreseeable end?
Evidently your expertise is not as great as the attention you gather for it. Consider this your homework assignment.

-1
S3052
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May 01, 2012, 05:28:28 PM
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In the cutting edge world of Bitcoin, it's "secret rocket versus secret submarine"
As for the game of trading, Bitcoin is a solid short all the way to the foreseeable end, just don't be the last one to leave the party.
what is your definition for the foreseeable end?
Evidently your expertise is not as great as the attention you gather for it. Consider this your homework assignment.


nice challenge. I like these.
You are probably referring to the option b of the chart picture that implies another decline below 1.994 $. if this happened, this would likely have bad consequences on the exchange rate like a fall even below 0.1 $ and also for bitcoin as a whole. So far, the chart option a still looks more probable. the key trigger point is 1.994 $.

>15years analysis experience

Always do your own due diligence & consult your financial advisor. Never invest unless you can afford to lose your entire investment.

http://twitter.com/BitcoinAnalyst

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waspoza
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May 01, 2012, 06:16:42 PM
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Evidently your expertise is not as great as the attention you gather for it. Consider this your homework assignment.

Qoheleth
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Spurn wild goose chases. Seek that which endures.


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May 01, 2012, 07:25:42 PM
 #10

In the cutting edge world of Bitcoin, it's "secret rocket versus secret submarine"
Being a True Believer is so very 20th century, but take that away and you completely lose the interest of a large portion of the Bitcoin audience. It's all been done before, don't kid yourself, kids.
Man, did you think I was actually saying "bull and bear" were on the way out? Because that would be self-delusion of the highest order. I was just riffing on all those "secret rocket launch" threads people post around here when they're feeling bullish.

If there is something that will make Bitcoin succeed, it is growth of utility - greater quantity and variety of goods and services offered for BTC. If there is something that will make Bitcoin fail, it is the culture of naive fools and conmen, the former convinced that BTC is a magic box that will turn them into millionaires, and the latter arriving by the busload to devour them.
faidsaid
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May 03, 2012, 02:32:50 PM
 #11

In the cutting edge world of Bitcoin, it's "secret rocket versus secret submarine"
Being a True Believer is so very 20th century, but take that away and you completely lose the interest of a large portion of the Bitcoin audience. It's all been done before, don't kid yourself, kids.
Man, did you think I was actually saying "bull and bear" were on the way out? Because that would be self-delusion of the highest order. I was just riffing on all those "secret rocket launch" threads people post around here when they're feeling bullish.
I get it now. We obviously need more "secret train rushing through a tunnel" posts here  Wink

“There are two novels that can change a bookish fourteen-year old's life: The Lord of the Rings and Atlas Shrugged. One is a childish fantasy that often engenders a lifelong obsession with its unbelievable heroes, leading to an emotionally stunted, socially crippled adulthood, unable to deal with the real world. The other, of course, involves orcs.”
― John Rogers
faidsaid
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May 03, 2012, 03:21:15 PM
 #12

In the cutting edge world of Bitcoin, it's "secret rocket versus secret submarine"
As for the game of trading, Bitcoin is a solid short all the way to the foreseeable end, just don't be the last one to leave the party.
what is your definition for the foreseeable end?
Evidently your expertise is not as great as the attention you gather for it. Consider this your homework assignment.


nice challenge. I like these.
You are probably referring to the option b of the chart picture that implies another decline below 1.994 $. if this happened, this would likely have bad consequences on the exchange rate like a fall even below 0.1 $ and also for bitcoin as a whole. So far, the chart option a still looks more probable. the key trigger point is 1.994 $.

Interesting. IMO charts are not very relevant to a thinly traded microcap. I agree that if it hits $2 look out below. I can wait...

“There are two novels that can change a bookish fourteen-year old's life: The Lord of the Rings and Atlas Shrugged. One is a childish fantasy that often engenders a lifelong obsession with its unbelievable heroes, leading to an emotionally stunted, socially crippled adulthood, unable to deal with the real world. The other, of course, involves orcs.”
― John Rogers
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