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Author Topic: Does it reminds you something?  (Read 5387 times)
knight22
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January 16, 2015, 02:59:44 AM
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Nekrobios
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January 16, 2015, 03:01:00 AM
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The bear cultists are oblivious to history I'm afraid.

(Not that this necessarily has to be a long term bottom, but certainly a bigger one).
megadeth
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January 16, 2015, 03:02:59 AM
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love it when Blitz turns bull!

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January 16, 2015, 03:16:58 AM
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Yap.

That's decentralize.  Wink
RyNinDaCleM
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January 16, 2015, 03:40:21 AM
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Yep, that means about 1 week (or in this longer bear market a couple of weeks) and the real bottom should be in.
Notice 4 days later the price hit $1.994?

knight22
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January 16, 2015, 03:56:45 AM
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Yep, that means about 1 week (or in this longer bear market a couple of weeks) and the real bottom should be in.
Notice 4 days later the price hit $1.994?

Maybe but maybe not. This time shorters have to close their shorts. I don't think it was even possible to short bitcoin in 2011.

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January 16, 2015, 04:04:01 AM
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Yep, that means about 1 week (or in this longer bear market a couple of weeks) and the real bottom should be in.
Notice 4 days later the price hit $1.994?

Maybe but maybe not. This time shorters have to close their shorts. I don't think it was even possible to short bitcoin in 2011.

I think Bitcoinica was already here at that time.

cbeast
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January 16, 2015, 04:07:11 AM
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Yep, that means about 1 week (or in this longer bear market a couple of weeks) and the real bottom should be in.
Notice 4 days later the price hit $1.994?

Maybe but maybe not. This time shorters have to close their shorts. I don't think it was even possible to short bitcoin in 2011.

I think Bitcoinica was already here at that time.
I think people didn't get Zoutonged until 2012.

Any significantly advanced cryptocurrency is indistinguishable from Ponzi Tulips.
RyNinDaCleM
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January 16, 2015, 04:13:58 AM
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Yep, that means about 1 week (or in this longer bear market a couple of weeks) and the real bottom should be in.
Notice 4 days later the price hit $1.994?

Maybe but maybe not. This time shorters have to close their shorts. I don't think it was even possible to short bitcoin in 2011.

I think Bitcoinica was already here at that time.
I think people didn't get Zoutonged until 2012.

https://bitcointalk.org/index.php?topic=49445.0

cbeast
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January 16, 2015, 04:24:32 AM
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Yep, that means about 1 week (or in this longer bear market a couple of weeks) and the real bottom should be in.
Notice 4 days later the price hit $1.994?

Maybe but maybe not. This time shorters have to close their shorts. I don't think it was even possible to short bitcoin in 2011.

I think Bitcoinica was already here at that time.
I think people didn't get Zoutonged until 2012.

https://bitcointalk.org/index.php?topic=49445.0
The more things change, the more they stay the same.

Any significantly advanced cryptocurrency is indistinguishable from Ponzi Tulips.
2dogs
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January 16, 2015, 11:54:38 PM
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Heavy volume and falling prices = capitulation.

Ladies and gentlemen, place your bets Wink

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January 17, 2015, 12:03:28 AM
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I was wondering if I was the only person seeing this, haha. But I guess the people freaking out the most weren't in any of the previous bubble pops to know what it feels like in this exact moment.
Chalkbot
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January 17, 2015, 12:10:06 AM
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I was wondering if I was the only person seeing this, haha. But I guess the people freaking out the most weren't in any of the previous bubble pops to know what it feels like in this exact moment.



You can't get to me man, my buy in is ~$10.  Best troll your meme out elsewhere.
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January 17, 2015, 12:24:14 AM
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You can't get to me man, my buy in is ~$10.  Best troll your meme out elsewhere.

And you did not sell at least 50% above 900$ ? You had this 2 times, thanks to the dead cat bounce after the bubble peak.
I am very proud of you, wasting factor 5 in profits.

< 100 BTC is not worth mentioning. Poor souls will always remain poor. Don't miss the failtrain.
Chalkbot
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January 17, 2015, 12:39:04 AM
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You can't get to me man, my buy in is ~$10.  Best troll your meme out elsewhere.

And you did not sell at least 50% above 900$ ? You had this 2 times, thanks to the dead cat bounce after the bubble peak.
I am very proud of you, wasting factor 5 in profits.

Interesting assumptions you're making there about what I did or didn't do. It's safe to assume that nobody bought and sold 50% at every high and low. Am I being mocked for having only 2100% profits right now, in your worst case scenario? You want me to wish what, exactly? That I'd bought Facebook stocks? Held in savings? Please share your wisdom, so that I can stop being such a regretful moron.
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January 17, 2015, 12:49:44 AM
 #16

Relative volume on Bitfinex needs to take its growth into consideration - during the bubble its volume was pathetic. You really need to look at cumulative volume. Bitcoin Average compiles volume from exchanges with non-0% fees: https://bitcoinaverage.com/charts#USD-volumes-all

Certainly high volume and a bottom for now, but it's by no means the biggie.
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January 17, 2015, 12:51:50 AM
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I love how you guys show comparisons of a chart when the price was $2.00 vs now when the price is $200 dollars.

Forgetting that if bitcoin rises a hundred dollars now then that is a $100 dollars everyone gets for their bitcoin if they sold. Like that amount of money is going to just flow into bitcoin to buy your expensive, but practically useless bitcoins.

The price is so going to go down. Already volume is dropping and price is falling, not good signs at all.

Empty your mind, be formless, shapeless — like water. Now you put water in a cup, it becomes the cup; You put water into a bottle it becomes the bottle; You put it in a teapot it becomes the teapot. Now water can flow or it can crash. Be water, my friend.
BrewCrewFan
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January 17, 2015, 12:54:34 AM
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I love how you guys show comparisons of a chart when the price was $2.00 vs now when the price is $200 dollars.

Forgetting that if bitcoin rises a hundred dollars now then that is a $100 dollars everyone gets for their bitcoin if they sold. Like that amount of money is going to just flow into bitcoin to buy your expensive, but practically useless bitcoins.

The price is so going to go down. Already volume is dropping and price is falling, not good signs at all.

Soooo.... then why are you here then? Giving advice for our own good? Nah... no one does that.... thinks that guys like you have alternative motives.

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Q7
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January 17, 2015, 01:00:41 AM
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Yeah, I still remember on that. Just putting high hopes for miracle to happen.

flipstyle
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January 17, 2015, 01:26:30 AM
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So in essence, OP is just praying for another pump and dump savior to come along and repeat 'history.'  Perhaps time to get Karpeles back on board? Smiley

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