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Author Topic: The bottom is in.  (Read 3211 times)
inca
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October 08, 2014, 07:37:45 PM
 #21

The most stupid theory I've ever heard.

Like I've said previously, the dead cat will now bounce to 370-380, before crashing to sub 250. All of this will happen in less than a fortnight.

So a dead cat bounce of 37%?

So let me get this straight: your narrative is of bitcoin inexplicably crashing to single digits - allowing you to buy hundreds of course - before soaring back into the stratosphere and enriching you beyond your wildest dreams?

Exo, I am afraid your own theory sounds a little farfetched.
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I HATE TABLES I HATE TABLES I HA(╯°□°)╯︵ ┻━┻ TABLES I HATE TABLES I HATE TABLES
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exocytosis
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October 08, 2014, 08:36:48 PM
 #22

So let me get this straight: your narrative is of bitcoin inexplicably crashing to single digits - allowing you to buy hundreds of course - before soaring back into the stratosphere and enriching you beyond your wildest dreams?


Nope. I'm not buying more coins when we hit double or single digits, if we ever get that low.

The best case scenario now is some horizontal trading in the 300-350 range. But it's unlikely. Too much sell pressure.
Ibian (OP)
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October 08, 2014, 08:50:56 PM
 #23

Gentlemen, this is the stage where we do not listen to trolls. Their dump-job is done, now they are contrary indicators.

Look inside yourself, and you will see that you are the bubble.
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October 08, 2014, 08:56:36 PM
 #24

Gentlemen, this is the stage where we do not listen to trolls. Their dump-job is done, now they are contrary indicators.

Will I still be able to buy next week or will the price go up too much?

I don't get paid til next Wednesday Sad




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piramida
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October 08, 2014, 08:58:52 PM
 #25

Gentlemen, this is the stage where we do not listen to trolls.

I missed the stage where anybody cared what they had to say Smiley

i am satoshi
kutaka
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October 08, 2014, 09:04:16 PM
 #26

OP, thanks for sharing your vision.

The most stupid theory I've ever heard.

Like I've said previously, the dead cat will now bounce to 370-380, before crashing to sub 250. All of this will happen in less than a fortnight.



Please explain your point of view, instead of just making an empy statement. I am intested in your arguments though.
I can translate what he said:

"Now I am invested in bitcoin, but, in a less than a fortnight, I plan to short my position."
Ibian (OP)
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October 09, 2014, 02:50:54 AM
 #27

Gentlemen, this is the stage where we do not listen to trolls.

I missed the stage where anybody cared what they had to say Smiley
Then you are quite spectacularly out of touch. They have dozens of adoring fans, including the mods. Witness how any of their threads reach multi-page counts. They are possibly the most popular people around here.

Look inside yourself, and you will see that you are the bubble.
CUNÉGONDE
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October 09, 2014, 02:59:13 AM
 #28

Now I'm sure the price is no bottom
piramida
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October 09, 2014, 07:11:37 AM
 #29

Gentlemen, this is the stage where we do not listen to trolls.

I missed the stage where anybody cared what they had to say Smiley
Then you are quite spectacularly out of touch. They have dozens of adoring fans, including the mods. Witness how any of their threads reach multi-page counts. They are possibly the most popular people around here.

They just provided the entertainment which was needed while the price was slowly creeping down. Just like all the TDM threads which start popping when the price moves up 2% Wink

Nobody actually believes in the moon predictions, just that little foolishness is always funny Smiley

i am satoshi
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October 09, 2014, 07:13:39 AM
 #30

Down trend has reversed.

Tighten your seat belt, moon phase has begun.
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October 09, 2014, 10:10:34 AM
 #31

So this is my interpretation of recent events.

....

The next step is to slowly pump the price, making it look organic, until momentum eventually takes over and others pump the price to the next ATH.

It's up from here.

Furthermore the $10m on bitstamp isn't for cashing out, it's for nudging the price up past any resistance... Have you seen how weirdly this thing is going up considering the doom and gloom just a few weeks ago!?

"A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution" - Satoshi Nakamoto
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October 09, 2014, 10:21:25 AM
 #32

Gentlemen, this is the stage where we do not listen to trolls. Their dump-job is done, now they are contrary indicators.

Will I still be able to buy next week or will the price go up too much?

I don't get paid til next Wednesday Sad

I am supposed to be back at 350 but I will gamble my profits that it WILL go below 320 this weekend.

Will take me a while to climb up again, But where is a will, there is a way...
porcupine87
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October 09, 2014, 10:45:08 AM
 #33

Seem like the bottom is really over now, time to buy...

The bottom might be really but there's nothing pointing to a trend reversal. Price can hover to 320-360 for a loooong time now.

I have 0 faith that we will see >450 this year.

We are at 370 now.

"Morality, it could be argued, represents the way that people would like the world to work - whereas economics represents how it actually does work." Freakonomics
maker88
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October 09, 2014, 11:57:29 AM
 #34

i gotta be honest the slip to 270 made me nervous enough to just hold and not buy any. i was thinking 266 would be too hard to break, but if it did there could be serious slippage, so i waited. foolish of me. should have bought one with my 'fuck it' money but i bought a bunch of silver instead...i can make the silver into jewelry and and easily sell it for 500% of my purchase price, so thats nice, but a lot more work than btc lol
Ibian (OP)
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October 09, 2014, 11:58:46 AM
 #35

Gentlemen, this is the stage where we do not listen to trolls. Their dump-job is done, now they are contrary indicators.

Will I still be able to buy next week or will the price go up too much?

I don't get paid til next Wednesday Sad

I am supposed to be back at 350 but I will gamble my profits that it WILL go below 320 this weekend.
In a normal market, yes. But if someone really is using the market as a chew toy right now, the question becomes if it would be in their interest.

Look inside yourself, and you will see that you are the bubble.
nuff
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October 09, 2014, 02:58:21 PM
 #36

Price was manipulated so that whales can get in on the cheap, then manipulated again to go up so whales can cash out on the high. Whales can and will do that that's how they make money. Actually that's how anyone makes money. Buy low sell high. But for anyone to make money another one has to lose money. And for anyone losing money another one will be making money. So simple, yet so hard to get across some people.
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