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Author Topic: Nice bounce  (Read 3124 times)
247casino (OP)
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October 09, 2014, 05:15:02 PM
 #1

under 300 days ago

almost 400 today

another day in the btc world huh

haha
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Bitmore
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October 09, 2014, 06:13:01 PM
 #2

under 300 days ago

almost 400 today

another day in the btc world huh

haha

Be careful there!

You almost sound optimistic, and that is sure to awaken the beartrolls, and then we won't hear the end of how Bitcoin is failing, we should all bail out, and everyone who owns it is retarded.


Wilhelm
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October 09, 2014, 06:14:07 PM
 #3

under 300 days ago

almost 400 today

another day in the btc world huh

haha

Be careful there!

You almost sound optimistic, and that is sure to awaken the beartrolls, and then we won't hear the end of how Bitcoin is failing, we should all bail out, and everyone who owns it is retarded.



Cut your looses Cheesy

Bitcoin is like a box of chocolates. You never know what you're gonna get !!
Mellnik
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October 09, 2014, 06:14:55 PM
 #4

Cut your head.
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October 09, 2014, 07:21:06 PM
 #5

under 300 days ago

almost 400 today

another day in the btc world huh

haha

Just a small correction after a massive panic.

We did seem to achieve capitulation though and hopefully trend reversal but it's far too early to talk about a rally.

I'll start feeling positive when we pass $700 and fully bullish when we hit quadruple digits again.

In the meantime, I've been stocking up at the low prices. Most coins I've bought in a 3 week period since before the April 2013 bubble. Thanks bears for all the cheap coins.
fa
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October 10, 2014, 01:46:28 AM
 #6

under 300 days ago

almost 400 today

another day in the btc world huh

haha
In every bounce, many false/fake believers jump out.
fewcoins
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October 10, 2014, 04:11:54 AM
 #7

under 300 days ago

almost 400 today

another day in the btc world huh

haha
In every bounce, many false/fake believers jump out.

This entire year, after every bounce we hit newer lows!
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October 10, 2014, 07:11:00 AM
 #8

dead cat.

meow.
Google "bitcoin dead cat bounce" - About 23,600 results

Any significantly advanced cryptocurrency is indistinguishable from Ponzi Tulips.
Wilhelm
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October 10, 2014, 07:28:52 AM
 #9

dead cat.

meow.
Google "bitcoin dead cat bounce" - About 23,600 results

I liked this one Smiley


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October 10, 2014, 07:36:38 AM
 #10

Dead cat bounce, I agree.

TimeIsARiver
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October 10, 2014, 10:15:06 AM
 #11

The phrase "dead cat bounce" is getting so overused as to become meaningless.

You guys know that it doesn't mean any increase which is then followed by a decrease, right? It refers to a specific pattern where a swift fall is followed by a small and short-lived rally.

The current rally seems, to my eye, to be a sharp correction to bit of fairly blatant market manipulation. Even if you believe that the medium-term downtrend is going to continue, the drop to ~300 was an aberration and this correction isn't a dead cat anything.

FWIW, I'm not convinced that this rally will represent an end to the medium-term downtrend either, but the fall to 300 wasn't part of that downtrend either, but an above-and-beyond spike downwards caused by a whale selling a whole lot of bitcoins at once. I would not draw any conclusions about the long-term prospects, one way or another, from the fall-and-correction.
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October 10, 2014, 12:16:30 PM
 #12

The phrase "dead cat bounce" is getting so overused as to become meaningless.
True. This particular dead cat clearly has the elasticity of a Super Ball.

Welcome to the forum. Smiley

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October 10, 2014, 12:38:00 PM
 #13

It's at $358 now, let's hope it goes up.

 

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Sunderland
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October 10, 2014, 05:22:36 PM
 #14

Yes nice ,i hope price will hit $ 600 again before christmas .
It should hit more than $ 400 after massive panic ,i wonder why this price still between $ 350 -$ 380.

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piramida
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October 10, 2014, 06:12:18 PM
 #15

that dead cat?

i am satoshi
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October 10, 2014, 07:50:17 PM
 #16

That's a rocket to the moon cat, or I ate too much cat Cheesy

Bulletin
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October 11, 2014, 06:14:50 AM
 #17

So how low the price can go, what do you think ?
piramida
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October 11, 2014, 06:32:25 AM
 #18

So how low the price can go, what do you think ?

0, get out now.

i am satoshi
arvis
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October 12, 2014, 04:57:20 PM
 #19

So how low the price can go, what do you think ?

Everybody is saying they will buy at $200.  Grin
BlindMayorBitcorn
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October 12, 2014, 05:00:40 PM
 #20

So how low the price can go, what do you think ?

Everybody is saying they will buy at $200.  Grin

I know I will

Forgive my petulance and oft-times, I fear, ill-founded criticisms, and forgive me that I have, by this time, made your eyes and head ache with my long letter. But I cannot forgo hastily the pleasure and pride of thus conversing with you.
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