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Author Topic: Bull Market Returns  (Read 815 times)
BitCoinNutJob (OP)
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January 15, 2015, 01:53:50 PM
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This is it fellas, we are going higher, $300s soon
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Mellnik
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January 15, 2015, 01:56:20 PM
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Yet?  Shocked
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January 15, 2015, 01:57:42 PM
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OMG. This kind of posts are a clear sign, that nothing is over, yet.

Always wrong until not.
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January 15, 2015, 02:13:04 PM
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OMG. This kind of posts are a clear sign, that nothing is over, yet.

Just like all the posts that kept coming in when the bubble burst saying it was just a minor setback...

Expect overshoot from the bears. You're afraid, I know.

"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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January 15, 2015, 02:17:43 PM
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OMG. This kind of posts are a clear sign, that nothing is over, yet.

+1

Too many bulls.  We need only bears posting.

The bottom will be when bulls sell all their coins.

But who knows, this is bitcoin.  It can shoot up to $5000 next month (or go down to $50)

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January 15, 2015, 02:25:14 PM
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OMG. This kind of posts are a clear sign, that nothing is over, yet.

Just like all the posts that kept coming in when the bubble burst saying it was just a minor setback...

Expect overshoot from the bears. You're afraid, I know.

sgbett, are you a day trader?  Because if not, then c'mon dude.  Even you have to realize that high volume spikes are not the only signal that a bottom is found, you need to have sustained and/or rising volume over a long period of time (weeks and weeks).

I'm not touching this market again until I see we can even stay above 200 consistently for several months.  Been burned before 6 months ago, not getting burned again.  Plus, in the US people sell off assets to pay taxes in March/April timeframe.  So wherever we are at by then could easily dip again.

This market is ridiculously thin.  Traders just want to fool people based on emotion, so they can dump again after a fake high volume rise and make their 10-20% profit.
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January 15, 2015, 02:31:20 PM
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OMG. This kind of posts are a clear sign, that nothing is over, yet.

Just like all the posts that kept coming in when the bubble burst saying it was just a minor setback...

Expect overshoot from the bears. You're afraid, I know.

sgbett, are you a day trader?  Because if not, then c'mon dude.  Even you have to realize that high volume spikes are not the only signal that a bottom is found, you need to have sustained and/or rising volume over a long period of time (weeks and weeks).

I'm not touching this market again until I see we can even stay above 200 consistently for several months.  Been burned before 6 months ago, not getting burned again.  Plus, in the US people sell off assets to pay taxes in March/April timeframe.  So wherever we are at by then could easily dip again.

This market is ridiculously thin.  Traders just want to fool people based on emotion, so they can dump again after a fake high volume rise and make their 10-20% profit.

I can't day trade. I don't think anyone can. Yes, lots of people make money at it, lots of people don't. I agree this isn't necessarily the bottom - the thing is you can never tell it is until some months after the fact (which is essentially what you are saying). What you can be sure of though, is that without this high volume reversal, then you could be pretty confident that it wasn't a bottom.

This is just the first piece of the jigsaw...

"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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January 15, 2015, 02:36:27 PM
 #8

dead-cat bounce???
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January 15, 2015, 02:37:06 PM
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dead-cat bounce???

Yea. Sell now and profit later. Or buy and cry later.
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