The bears are losing their grip

[Bit_Happy]

I think it's starting to become clear that bears are losing their hold over this market. They try to instigate a panic with huge market sell orders or attempt to erode bull confidence with pump and dump tactics but the price still seems to be slowly but steadily pushing upwards if you filter out all that noise. Once the daily MACD goes into positive territory we could see a huge spike into the stratosphere. And I mean really huge because it will coincide with a breakout of the bullish wedge that has been forming since December 2013. I'm looking forward to the next couple of weeks.

I think the Bears have had their day(s), and the Huge Rally is finally starting to form. 

[Q7]

I think it's starting to become clear that bears are losing their hold over this market. They try to instigate a panic with huge market sell orders or attempt to erode bull confidence with pump and dump tactics but the price still seems to be slowly but steadily pushing upwards if you filter out all that noise. Once the daily MACD goes into positive territory we could see a huge spike into the stratosphere. And I mean really huge because it will coincide with a breakout of the bullish wedge that has been forming since December 2013. I'm looking forward to the next couple of weeks.

I think the Bears have had their day(s), and the Huge Rally is finally starting to form. 

I believe no matter how they manipulate the market, eventually it is still the fundamentals that is going to dictate the direction where the price is heading. If the buying support is strong, I'm sure every new coins that made its way to the market will be bought. And talk about adoption rate, participation and support from the community, new joiners, fresh funds, all these do a make a difference. And the bears will certainly have a hard time trying to manipulate the price.

[jjacob]

I think it's starting to become clear that bears are losing their hold over this market. They try to instigate a panic with huge market sell orders or attempt to erode bull confidence with pump and dump tactics but the price still seems to be slowly but steadily pushing upwards if you filter out all that noise. Once the daily MACD goes into positive territory we could see a huge spike into the stratosphere. And I mean really huge because it will coincide with a breakout of the bullish wedge that has been forming since December 2013. I'm looking forward to the next couple of weeks.

I think the Bears have had their day(s), and the Huge Rally is finally starting to form. 

The Bears could totally get wiped out.
Wouldn't be a bad thing  though.

[Chef Ramsay]

I think it's starting to become clear that bears are losing their hold over this market. They try to instigate a panic with huge market sell orders or attempt to erode bull confidence with pump and dump tactics but the price still seems to be slowly but steadily pushing upwards if you filter out all that noise. Once the daily MACD goes into positive territory we could see a huge spike into the stratosphere. And I mean really huge because it will coincide with a breakout of the bullish wedge that has been forming since December 2013. I'm looking forward to the next couple of weeks.

I think the Bears have had their day(s), and the Huge Rally is finally starting to form. 

The Bears could totally get wiped out.
Wouldn't be a bad thing  though.

Got know when to fold em in these times. If ya live by the shorting sword in a changing market, you'll get punked out on your ass.

[jubalix]

I think it's starting to become clear that bears are losing their hold over this market. They try to instigate a panic with huge market sell orders or attempt to erode bull confidence with pump and dump tactics but the price still seems to be slowly but steadily pushing upwards if you filter out all that noise. Once the daily MACD goes into positive territory we could see a huge spike into the stratosphere. And I mean really huge because it will coincide with a breakout of the bullish wedge that has been forming since December 2013. I'm looking forward to the next couple of weeks.

I think the Bears have had their day(s), and the Huge Rally is finally starting to form. 

I believe no matter how they manipulate the market, eventually it is still the fundamentals that is going to dictate the direction where the price is heading. If the buying support is strong, I'm sure every new coins that made its way to the market will be bought. And talk about adoption rate, participation and support from the community, new joiners, fresh funds, all these do a make a difference. And the bears will certainly have a hard time trying to manipulate the price.

lots of qe means less fresh funds are needed!

[okthen]

I think it's starting to become clear that bears are losing their hold over this market. They try to instigate a panic with huge market sell orders or attempt to erode bull confidence with pump and dump tactics but the price still seems to be slowly but steadily pushing upwards if you filter out all that noise. Once the daily MACD goes into positive territory we could see a huge spike into the stratosphere. And I mean really huge because it will coincide with a breakout of the bullish wedge that has been forming since December 2013. I'm looking forward to the next couple of weeks.

I think the Bears have had their day(s), and the Huge Rally is finally starting to form. 

The Bears could totally get wiped out.
Wouldn't be a bad thing  though.

It will never happen, after every bubble some bulls turn bear.
What a plague...

[uki]

I think it's starting to become clear that bears are losing their hold over this market. They try to instigate a panic with huge market sell orders or attempt to erode bull confidence with pump and dump tactics but the price still seems to be slowly but steadily pushing upwards if you filter out all that noise. Once the daily MACD goes into positive territory we could see a huge spike into the stratosphere. And I mean really huge because it will coincide with a breakout of the bullish wedge that has been forming since December 2013. I'm looking forward to the next couple of weeks.

I think the Bears have had their day(s), and the Huge Rally is finally starting to form. 

The Bears could totally get wiped out.
Wouldn't be a bad thing  though.

Wouldn't count on that though. We should still stay sideways trend for some time, probably till early summer. I don't see for now any fundamental reason for moving the price upwards.

[Furio]

I think it's starting to become clear that bears are losing their hold over this market. They try to instigate a panic with huge market sell orders or attempt to erode bull confidence with pump and dump tactics but the price still seems to be slowly but steadily pushing upwards if you filter out all that noise. Once the daily MACD goes into positive territory we could see a huge spike into the stratosphere. And I mean really huge because it will coincide with a breakout of the bullish wedge that has been forming since December 2013. I'm looking forward to the next couple of weeks.

I think the Bears have had their day(s), and the Huge Rally is finally starting to form. 

The Bears could totally get wiped out.
Wouldn't be a bad thing  though.

Wouldn't count on that though. We should still stay sideways trend for some time, probably till early summer. I don't see for now any fundamental reason for moving the price upwards.

The fundamental reason is the average (bitcoin) Joe now has the funds again, after the expensive months and the traditional Januari and February dip in everything connected to finances. It's a global (western) trend that people buy much less and cash out much more in those months. The price will rise to a more realistic value, 300-350. Yet the only thing that concerns me is government regulation, selloffs by agencies, (price) manipulation by whales/government and offcourse maybe some other crypto that takes over, allthough that won't be in a instant, so pay attention I'd say

[Silverspoon]

^Way to not see the REAL elephant in the room:



Y'all fell right into the FED's honeypot.

[uki]

The fundamental reason is the average (bitcoin) Joe now has the funds again, after the expensive months and the traditional Januari and February dip in everything connected to finances. It's a global (western) trend that people buy much less and cash out much more in those months. The price will rise to a more realistic value, 300-350. Yet the only thing that concerns me is government regulation, selloffs by agencies, (price) manipulation by whales/government and offcourse maybe some other crypto that takes over, allthough that won't be in a instant, so pay attention I'd say

Well, the average Bitcoin Joe is now still bombed with the negative news. I would rather expect average Joes to be weak-hands dropping the Bitcoins right now, so that smart money, be it whales or whoever else, can take them over. To me that is not the fundamental I am looking for.

[Q7]

I think it's starting to become clear that bears are losing their hold over this market. They try to instigate a panic with huge market sell orders or attempt to erode bull confidence with pump and dump tactics but the price still seems to be slowly but steadily pushing upwards if you filter out all that noise. Once the daily MACD goes into positive territory we could see a huge spike into the stratosphere. And I mean really huge because it will coincide with a breakout of the bullish wedge that has been forming since December 2013. I'm looking forward to the next couple of weeks.

I think the Bears have had their day(s), and the Huge Rally is finally starting to form. 

The Bears could totally get wiped out.
Wouldn't be a bad thing  though.

Wouldn't count on that though. We should still stay sideways trend for some time, probably till early summer. I don't see for now any fundamental reason for moving the price upwards.

The fundamental reason is the average (bitcoin) Joe now has the funds again, after the expensive months and the traditional Januari and February dip in everything connected to finances. It's a global (western) trend that people buy much less and cash out much more in those months. The price will rise to a more realistic value, 300-350. Yet the only thing that concerns me is government regulation, selloffs by agencies, (price) manipulation by whales/government and offcourse maybe some other crypto that takes over, allthough that won't be in a instant, so pay attention I'd say

The biggest concern is probably how they could actually set off a series of hacks like what happened this month to erode the confidence of bitcoin investors. And talk about availability of fund, you can have as many as possible fiat getting printed and then used it to buy bitcoin. Think of it, it's kind of scary to imagine what could happen.

[calme]

Tomorrow on CoinDesk: "U.S. Government printed billions to buy 51+% of BTC. And then printed more to cover the printing expenses. And then printed more to pay for the accounting involved in tracking the expenses. And then printed more so they could recover from loss of buying power caused by printing money."

[ajareselde]

Tomorrow on CoinDesk: "U.S. Government printed billions to buy 51+% of BTC. And then printed more to cover the printing expenses. And then printed more to pay for the accounting involved in tracking the expenses. And then printed more so they could recover loss of buying power caused by printing money."

you just gave them idea, print money and set a buy wall @ 500 usd, and put sell wall (with bought coins) @ 600 $, and since they obviously can print how ever they need, they could make a fortune without any effort.
it seams that bears are just waiting the price to get higher so that they would buy, so its safe to say that they will just dump whatever they buy soon after, and thats why theyre waiting for a safe bullrun.
otherwise they would get in sooner, but clearly they are not the waiting type.

cheers

[polynesia]

Tomorrow on CoinDesk: "U.S. Government printed billions to buy 51+% of BTC. And then printed more to cover the printing expenses. And then printed more to pay for the accounting involved in tracking the expenses. And then printed more so they could recover from loss of buying power caused by printing money."

They don't have to do this.
Just call bitcoins as proceeds from crime and seize them. 

[jcoin200]

I dont think its the bears, its just simply returning to a reasonable price after the price was fraudulently manipulated to $1000+ by gox.

[NotLambchop]

Tomorrow on CoinDesk: "U.S. Government printed billions to buy 51+% of BTC. And then printed more to cover the printing expenses. And then printed more to pay for the accounting involved in tracking the expenses. And then printed more so they could recover from loss of buying power caused by printing money."

They don't have to do this.
Just call bitcoins as proceeds from crime and seize them. 

Pretty much.  And make holding them a capital offense, so's we could shoot Bitcoin criminals & economic saboteurs on sight.

[polynesia]

Tomorrow on CoinDesk: "U.S. Government printed billions to buy 51+% of BTC. And then printed more to cover the printing expenses. And then printed more to pay for the accounting involved in tracking the expenses. And then printed more so they could recover from loss of buying power caused by printing money."

They don't have to do this.
Just call bitcoins as proceeds from crime and seize them. 

Pretty much.  And make holding them a capital offense, so's we could shoot Bitcoin criminals & economic saboteurs on sight.

Ha ha. That would be a bit extreme.
They can just tax you into submission.

[NotLambchop]

Tomorrow on CoinDesk: "U.S. Government printed billions to buy 51+% of BTC. And then printed more to cover the printing expenses. And then printed more to pay for the accounting involved in tracking the expenses. And then printed more so they could recover from loss of buying power caused by printing money."

They don't have to do this.
Just call bitcoins as proceeds from crime and seize them. 

Pretty much.  And make holding them a capital offense, so's we could shoot Bitcoin criminals & economic saboteurs on sight.

Ha ha. That would be a bit extreme.
They can just tax you into submission.

Bitcoin parasites are typically libertardian, thus deadbeat tax cheats.  They'll just continue to be a burden on society, mark my words.

[inca]

I have probably paid more tax than you ever will NLC 

[NotLambchop]

^Not for the lack of trying.  Never said you Bitcoiners are good at what you do.