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blatchcorn (OP)
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September 29, 2014, 06:43:00 PM
 #1
Do the opposite of what the market is saying.

Right now I see everyone saying the final capitulation is coming and there are so many shorters.

I am going to add 10 or so coins to my collection  Wink
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Richard Branson
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September 29, 2014, 08:39:48 PM
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Quote from: blatchcorn on September 29, 2014, 06:43:00 PM
Do the opposite of what the market is saying.

Right now I see everyone saying the final capitulation is coming and there are so many shorters.

I am going to add 10 or so coins to my collection  Wink


Too early.
You can easily buy 20 btc with the same fiat in a few weeks. Final capitulation is not nearly at hand.
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September 29, 2014, 09:37:23 PM
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This was the cry at $2.xx waiting for $1, I remember it well (so was I, oh the orders I had open on bitcoinica...).

This time everyone is waiting for sub $300 imho.
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September 29, 2014, 11:12:10 PM
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Quote from: sgbett on September 29, 2014, 09:37:23 PM
This was the cry at $2.xx waiting for $1, I remember it well (so was I, oh the orders I had open on bitcoinica...).

This time everyone is waiting for sub $300 imho.
Feels similar to me too.
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September 30, 2014, 02:51:08 AM
 #5
That was my mistake, I was sure it was going to $1.00 before I bought in. I was watching the price as it hit $2.01. I didn't see any reason why it wouldn't drop just one more dollar.

Anyway, $370 is still a huge difference than $1.00.

I think the reason for the drop is insiders know the ETF failed. This ETF was going to be a big way for you bit coin get rich quickers to scam the general public.

If this has already failed than the price could go lower once that news comes out. I don't follow bitcoin at all so I don't know what is going on with anything and the ETF. I just think that insiders either can't make money or know something is up.
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September 30, 2014, 03:20:16 AM
Last edit: September 30, 2014, 03:51:18 AM by Ibian
 #6
Butthurt troll is butthurt. Don't you ever get bored?

Edit: Look at what you said up there. Don't you realize how absurd that is? You saw no reason it couldn't fall just one more buck. You saw no reason it couldn't go from 2 to 1. You saw no reason half the market wouldn't just disappear. This is an insane attitude to have. Even moreso now than then.
Look inside yourself, and you will see that you are the bubble.
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