6 Month Chart = Strong Correction overdue ?

GigaCoin

sr. member

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Giga

Quote from: lucas.sev on December 04, 2013, 02:57:54 PM

Quote from: JimboToronto on December 04, 2013, 02:45:16 PM

Didn't we just have a 30% correction 3 days ago and a 50% correction 12 days before that? Of course they only lasted a day or two.

There's nothing wrong with wishing for lower prices but did you have to start a thread to pimp the idea?

OHMYGOD CAN HE FUCKING SHUT UP, HE WILL DRIVE THE PRICE DOWN OMG.

Badonkadonk

hero member

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Quote from: lucas.sev on December 04, 2013, 02:57:54 PM

Quote from: JimboToronto on December 04, 2013, 02:45:16 PM

Didn't we just have a 30% correction 3 days ago and a 50% correction 12 days before that? Of course they only lasted a day or two.

There's nothing wrong with wishing for lower prices but did you have to start a thread to pimp the idea?

OHMYGOD CAN HE FUCKING SHUT UP, HE WILL DRIVE THE PRICE DOWN OMG.

lol

lucas.sev

sr. member

Activity: 252

Merit: 250

Quote from: JimboToronto on December 04, 2013, 02:45:16 PM

Didn't we just have a 30% correction 3 days ago and a 50% correction 12 days before that? Of course they only lasted a day or two.

There's nothing wrong with wishing for lower prices but did you have to start a thread to pimp the idea?

OHMYGOD CAN HE FUCKING SHUT UP, HE WILL DRIVE THE PRICE DOWN OMG.

Ibian

legendary

Activity: 2268

Merit: 1278

Okay, here are my thoughts minus irritation over seeing the same things over and over and over.

The price will continue to go up as long as demand is increasing.

Good day.

GigaCoin

sr. member

Activity: 308

Merit: 251

Giga

Quote from: JimboToronto on December 04, 2013, 02:45:16 PM

Didn't we just have a 30% correction 3 days ago and a 50% correction 12 days before that? Of course they only lasted a day or two.

There's nothing wrong with wishing for lower prices but did you have to start a thread to pimp the idea?

im not pimpin for lower prices, i said "thoughts?" at the end. I wanted to hear fellow bitcoiners opinions on this board not constant bashing.

Not claiming to be right or wrong either, just an observation

JimboToronto

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You're never too old to think young.

Didn't we just have a 30% correction 3 days ago and a 50% correction 12 days before that? Of course they only lasted a day or two.

There's nothing wrong with wishing for lower prices but did you have to start a thread to pimp the idea?

antoineph

full member

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You don't make the rules

Ibian

legendary

Activity: 2268

Merit: 1278

If it starts and ends while you sleep it doesn't count as anything. This is just getting annoying. I propose a new informal rule: no talking about anything as a crash unless it dips for at least a week. Things are just getting absurd.

GigaCoin

sr. member

Activity: 308

Merit: 251

Giga

Was checking out the 6 month chart and it looks like Bitcoin is due for a dive to $600-$700 ? Maybe in the 1400-1500 Range. I mean just look at the charts, 6 months, 1 year , 2 year i mean really are we building liberty tower 2 here ? Cheesy

I'm a major Bitcoin Bull overall but i'm hunting for a good dip for some new cash buying, looking at the chart + volume levels it doesn't look sustainable on the short term. Holiday season now approaching so volumes will continue to decrease, latecomers of this boom are just starting to buy praying to the Gods for $2000 so they can double their investment in 2 weeks.

The thing that happened few days ago was a minor flash correction, didn't really count if you were asleep you wouldn't even know it happened. It will be very interesting 2 weeks, can bitcoin do magic or will it follow the same pattern it always did in the past (major correction and bottom out a bit till the next run just like every other growing investment/asset/currency)

Thoughts ?

Topic: 6 Month Chart = Strong Correction overdue ? (Read 956 times)