~1% below $300? Is that all you got!?

applesRyummy

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Quote from: grappa_barricata on January 03, 2015, 05:20:57 PM

Quote from: Wandererfromthenorth on January 03, 2015, 05:04:13 PM

Quote from: grappa_barricata on January 03, 2015, 04:59:33 PM

I think that the sentiment has become very bearish very fast in the last days... you know what this mean? Big fat green dildos out of nowhere. You short now, confident that "we are going to retest X", "it will bounce only from Y". After all, everybody is saying that. And after you surrender to peer pressure BAM the green dildo of revenge. Then, it will become obvious that you shorted at the bottom.

Don't take for granted that this is not THE crash...

Well you are right, we may be headed to 2 digits. But it is very improbable. More probable is that china is doing a trap (and painting some sort of 'double bottom') before a move upward of a week or more. 2 hours and china awake, lets wait and see. Whatever happen i'm confident it will be fucking awesome.

I am not sure exactly why bitcoin's price has been doing so poorly lately however I do think it will eventually rebound. I doubt that China has anything to do with it as people in china that hold bitcoin do not all think together, they think (and act) independently.

I would also say that bitcoin's recent price action is very far from a "normal" bitcoin crash based on how severe previous crashes have been

premium_domainer

legendary

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i never sell my bitcoins @ lower than buy price...

hold as much possible. you feel great in future...

erre

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Quote from: carlosiness on January 04, 2015, 05:48:53 AM

Quote from: LOBSTER on January 04, 2015, 05:34:19 AM

Quote from: sgbett on January 04, 2015, 05:27:24 AM

I know what you mean. It's a hairy ride, but life is full of ups and downs. Let's hope this counts as a "higher low"!

I hope it's a low and the high is coming soon again Cheesy

let's hope, but like others said (and i agree with that opinion) maybe it is a normal process like in economy, on the other hand, from now more people could afford it.

People could afford many satoshis also when price was 1000 usd/btc... The matter is that " no one" is interested in buying more bitcon, not the price. People would be more teased to buy a product that " can't fail under 1000 usd" . I am hardly hodling my hard-earned expansive bitcoins, and i'm a beliver. ..

carlosiness

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Quote from: LOBSTER on January 04, 2015, 05:34:19 AM

Quote from: sgbett on January 04, 2015, 05:27:24 AM

I know what you mean. It's a hairy ride, but life is full of ups and downs. Let's hope this counts as a "higher low"!

I hope it's a low and the high is coming soon again Cheesy

let's hope, but like others said (and i agree with that opinion) maybe it is a normal process like in economy, on the other hand, from now more people could afford it.

LOBSTER

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Quote from: sgbett on January 04, 2015, 05:27:24 AM

I know what you mean. It's a hairy ride, but life is full of ups and downs. Let's hope this counts as a "higher low"!

I hope it's a low and the high is coming soon again Cheesy

sgbett

legendary

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I know what you mean. It's a hairy ride, but life is full of ups and downs. Let's hope this counts as a "higher low"!

okthen

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Sgbett, your threads are always therapeutical in this dark times.
Holding is not for the faint hearted these days...

minerpumpkin

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A pumpkin mines 27 hours a night

Give it some time. I believe the downwards pressure hasn't lost all of its potential. This could get very ugly very soon. But this doesn't mean Bitcoin is doomed. It's just another 'normal' instance of price-discovery.

sgbett

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Quote from: NotLambchop on January 03, 2015, 06:52:25 PM

Nah, plenty where that came from

Reverse psychology my old mutton cheeks, I knew this would rile the bears Wink

I hate the slow bleed. I want capitulation-pop! not slow and steady drop!

NotLambchop

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Nah, plenty where that came from

v0yager

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Quote from: caga on January 03, 2015, 11:34:33 AM

Quote from: NotLambchop on January 03, 2015, 11:32:14 AM

Quote from: Dump3er on January 03, 2015, 11:20:09 AM

...
And by the way: 198 is only 1% below 200. Maybe a good inspiration for your next thread title! Grin

Yeah, a few months ago $480 seemed laughably low. Good times...

And since then and now, I only see people posting. this is the lowest it can go, time to buy.
I wonder, if they actually did.

Now some people are saying "this is the chance to buy cheap coin" , But who knows where are we going.

Maybe you would say "$280 seem laughably low few months ago" after months.

panju1

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Quote from: Wandererfromthenorth on January 03, 2015, 05:04:13 PM

Quote from: grappa_barricata on January 03, 2015, 04:59:33 PM

I think that the sentiment has become very bearish very fast in the last days... you know what this mean? Big fat green dildos out of nowhere. You short now, confident that "we are going to retest X", "it will bounce only from Y". After all, everybody is saying that. And after you surrender to peer pressure BAM the green dildo of revenge. Then, it will become obvious that you shorted at the bottom.

Don't take for granted that this is not THE crash...

I shudder to think Bitcoin could go lower.

grappa_barricata

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playing pasta and eating mandolinos

Quote from: Wandererfromthenorth on January 03, 2015, 05:04:13 PM

Quote from: grappa_barricata on January 03, 2015, 04:59:33 PM

I think that the sentiment has become very bearish very fast in the last days... you know what this mean? Big fat green dildos out of nowhere. You short now, confident that "we are going to retest X", "it will bounce only from Y". After all, everybody is saying that. And after you surrender to peer pressure BAM the green dildo of revenge. Then, it will become obvious that you shorted at the bottom.

Don't take for granted that this is not THE crash...

Well you are right, we may be headed to 2 digits. But it is very improbable. More probable is that china is doing a trap (and painting some sort of 'double bottom') before a move upward of a week or more. 2 hours and china awake, lets wait and see. Whatever happen i'm confident it will be fucking awesome.

Wandererfromthenorth

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Quote from: grappa_barricata on January 03, 2015, 04:59:33 PM

I think that the sentiment has become very bearish very fast in the last days... you know what this mean? Big fat green dildos out of nowhere. You short now, confident that "we are going to retest X", "it will bounce only from Y". After all, everybody is saying that. And after you surrender to peer pressure BAM the green dildo of revenge. Then, it will become obvious that you shorted at the bottom.

Don't take for granted that this is not THE crash...

sgbett

legendary

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Merit: 1087

Quote from: grappa_barricata on January 03, 2015, 04:59:33 PM

I think that the sentiment has become very bearish very fast in the last days... you know what this mean? Big fat green dildos out of nowhere. You short now, confident that "we are going to retest X", "it will bounce only from Y". After all, everybody is saying that. And after you surrender to peer pressure BAM the green dildo of revenge. Then, it will become obvious that you shorted at the bottom.

shhhh!

grappa_barricata

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playing pasta and eating mandolinos

I think that the sentiment has become very bearish very fast in the last days... you know what this mean? Big fat green dildos out of nowhere. You short now, confident that "we are going to retest X", "it will bounce only from Y". After all, everybody is saying that. And after you surrender to peer pressure BAM the green dildo of revenge. Then, it will become obvious that you shorted at the bottom.

sgbett

legendary

Activity: 2576

Merit: 1087

Its starting to look like a decent price move on the daily chart, but like you say still not huge volume, this could change quickly if selling continues further down the 280s to 270 mark. Lots of bits could change hands in a very short time and that could be either the capitulation we are looking for, or perhaps mark a historical first where bitcoin breaks below the previous ATH after crashing from the most recent.

That would be interesting indeed.

LOBSTER

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That bears...why being so bearish? There is no reason to drop...

Kipsy89

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Relax!

Quote from: sgbett on January 03, 2015, 04:04:22 PM

Thats more betterer! Go go gadget sellers!

I actually can't wait for this to blow over! Sure, it doesn't look very good and isn't fun to watch like a good bulls run, but we need a definite reversal here and this may be the next best thing! Stop the bleeding out and start a trend-reversal now!

sgbett

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Thats more betterer! Go go gadget sellers!

Topic: ~1% below $300? Is that all you got!? (Read 2541 times)