Nice bounce

[247casino]

under 300 days ago

almost 400 today

another day in the btc world huh

haha

[1714805879]

1714805879

[1714805879]

1714805879

[1714805879]

1714805879

[1714805879]

1714805879

[1714805879]

1714805879

[Bitmore]

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]

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

[Mellnik]

Cut your head.

[JimboToronto]

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]

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]

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!

[cbeast]

dead cat.

meow.

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

[Wilhelm]

dead cat.

meow.

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

I liked this one

[desticy]

Dead cat bounce, I agree.

[TimeIsARiver]

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.

[Foxpup]

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.

[twister]

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

[Sunderland]

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.

[piramida]

that dead cat?

[Snipe85]

that dead cat? http://www.roflcat.com/images/cats/xRocket_Cat.jpg.pagespeed.ic.FLFkiVKZV6.jpg

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

[Bulletin]

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

[piramida]

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

0, get out now.

[arvis]

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

Everybody is saying they will buy at $200. 

[BlindMayorBitcorn]

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

Everybody is saying they will buy at $200. 

I know I will

[piramida]

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

Everybody is saying they will buy at $200. 

I know I will

I know you won't.

[inca]

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

Everybody is saying they will buy at $200. 

I know I will

I know you won't.

Yes people have a common misconception that when they see the price of a commodity (that they want to accumulate) drop significantly, that they will buy. The reality is that market sentiment is skewed negatively by the price action and they actually don't buy, but instead have an urge to sell. Separating emotion from large scale purchases with your own wealth is sometimes easier said than done

[piramida]

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

Everybody is saying they will buy at $200. 

I know I will

I know you won't.

Yes people have a common misconception that when they see the price of a commodity (that they want to accumulate) drop significantly, that they will buy. The reality is that market sentiment is skewed negatively by the price action and they actually don't buy, but instead have an urge to sell. Separating emotion from large scale purchases with your own wealth is sometimes easier said than done

Yep. *If* the price really breaks down to 200 the sentiment will be "we all gonna die right now", so 99% of people who say they are waiting for cheap coins will just start waiting for $10 coins or some other silly target. People who did want to buy low, had bought below 300 three days ago; that was probably it.

[CryptoCarmen]

under 300 days ago

almost 400 today

another day in the btc world huh

haha

Agree and then you see people cry why they did not know of Bitcoin in 2011. They can implement their wealth 10 times in just few months.

[Bernard Lerring]

Are the general public going to be stumping up FIAT in the run up to Christmas, when there are presents to buy?

I'm guessing the current rebound is just a correction and will settle down again in the next couple of weeks.

[inca]

Are the general public going to be stumping up FIAT in the run up to Christmas, when there are presents to buy?

I'm guessing the current rebound is just a correction and will settle down again in the next couple of weeks.

You think people won't buy bitcoin because they have Christmas presents to buy, seriously?

If the overall trend in bitcoin is not broken then this bear market, whilst painful, is simply a prelude to another jaunt higher. What makes you think we are headed lower out of interest?

[exocytosis]

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

Everybody is saying they will buy at $200. 

I know I will

I know you won't.

Yes people have a common misconception that when they see the price of a commodity (that they want to accumulate) drop significantly, that they will buy. The reality is that market sentiment is skewed negatively by the price action and they actually don't buy, but instead have an urge to sell. Separating emotion from large scale purchases with your own wealth is sometimes easier said than done

I can't believe my own eyes. I thought you'd never admit this.

[Bernard Lerring]

Are the general public going to be stumping up FIAT in the run up to Christmas, when there are presents to buy?

I'm guessing the current rebound is just a correction and will settle down again in the next couple of weeks.

You think people won't buy bitcoin because they have Christmas presents to buy, seriously?

If the overall trend in bitcoin is not broken then this bear market, whilst painful, is simply a prelude to another jaunt higher. What makes you think we are headed lower out of interest?

Yeah, people like myself that are on a monthy wage will be planning Chritsmas, and that could preclude them from splashing out on BTC. Is that so hard to understand?

[Wilhelm]

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

Everybody is saying they will buy at $200. 

Look at the trend. Only chance at $200 is either

- Bull trap (short and steep)
- Whalefault (Whale making a typo, got to have your order in)

Other than that, the days of $2xx are ending.

[BlindMayorBitcorn]

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

Everybody is saying they will buy at $200. 

Look at the trend. Only chance at $200 is either

- Bull trap (short and steep)
- Whalefault (Whale making a typo, got to have your order in)

Other than that, the days of $2xx are ending.

Well good riddance then