The US and EU is saturated? Gosh.
LOL. I was shocked to learn this as well.
Topic: $713, stamp is batshit insane. Bull trap or bear trap? - page 2. (Read 5689 times)
LOL. I was shocked to learn this as well.
The US and EU is saturated? Gosh.
The current trend will probably continue this cycle... slow downfall - fast drop - sudden spike up - another slow downfall..
I think that's because the biggest investors are moving out. If you were holding 10 000+ BTC, then this method would be the most profitable way to get out with relatively good profit.
I predict that this will continue until 200-300$ when it will settle with couple of months of stability. There won't be another stable boom without opening new markets with decent volumes. I think that bitcoin has 1-2 bubbles still left in it before it dies. Another step is probably south-America, but it takes some time to market bitcoin to the people there. News articles have to be bought, officials have to be bribed, amazing success stories have to be told...
I think that's because the biggest investors are moving out. If you were holding 10 000+ BTC, then this method would be the most profitable way to get out with relatively good profit.
I predict that this will continue until 200-300$ when it will settle with couple of months of stability. There won't be another stable boom without opening new markets with decent volumes. I think that bitcoin has 1-2 bubbles still left in it before it dies. Another step is probably south-America, but it takes some time to market bitcoin to the people there. News articles have to be bought, officials have to be bribed, amazing success stories have to be told...
dream on. The most prophitable way out for whales would be just selling slower than the new entrants rate. And just that would need no PR and it would keep price rising. Now any insider has a reason to not rock the boat -unless he's an insider of something much bigger.
This would only work if bitcoin demand would be steady at least. But demand is dropping, so there is no time to mess around. It's simple for small investors, just sell and you are out. Not so easy to move out when you are a big investor.
There are two types of whales, those who dream big things for bitcoin and those who have invested money just to get some kicks out of taking risks. These other types don't know much about bitcoin and they don't care, they just saw the growing demand in China and made their decision based on that.
Now, it's certain that the chinese market is dead and there are no new markets with decent volume to show any signs of rising demand. That is why those want out who don't care much about bitcoin in general.
News like overstock accepting bitcoin are just news based on hot air, when you consider the future value of bitcoin. Only thing that gives certain value to bitcoin is rising demand. The EU/US markets have been saturated and not much more potential can be made. Most already know about bitcoin and have decided if they want in or not.
Only place left to market bitcoin where to expect demand is south- and central America. And I agree that this region is very potential for bitcoin since lawlessness and corruption actually suits bitcoin very well. The thing that is worrying tho is that you can't see any steps that are taken to enter this market. I think the same thing is worrying those passive investors who now want out. Without taking S/C-America, bitcoin will just slowly die because there is very little potential left in EU or US.
Sorry if Im being dense but whats a tarp
=trap. we're all getting slightly dyslexic.
Oh, I was thinking bailout, lol.
Sorry if Im being dense but whats a tarp
HODL
SODL
SHOTR
TARP
etc
Sorry if Im being dense but whats a tarp
Sorry if Im being dense but whats a tarp
=trap. we're all getting slightly dyslexic.
Sorry if Im being dense but whats a tarp
The current trend will probably continue this cycle... slow downfall - fast drop - sudden spike up - another slow downfall..
I think that's because the biggest investors are moving out. If you were holding 10 000+ BTC, then this method would be the most profitable way to get out with relatively good profit.
I predict that this will continue until 200-300$ when it will settle with couple of months of stability. There won't be another stable boom without opening new markets with decent volumes. I think that bitcoin has 1-2 bubbles still left in it before it dies. Another step is probably south-America, but it takes some time to market bitcoin to the people there. News articles have to be bought, officials have to be bribed, amazing success stories have to be told...
I think that's because the biggest investors are moving out. If you were holding 10 000+ BTC, then this method would be the most profitable way to get out with relatively good profit.
I predict that this will continue until 200-300$ when it will settle with couple of months of stability. There won't be another stable boom without opening new markets with decent volumes. I think that bitcoin has 1-2 bubbles still left in it before it dies. Another step is probably south-America, but it takes some time to market bitcoin to the people there. News articles have to be bought, officials have to be bribed, amazing success stories have to be told...
dream on. The most prophitable way out for whales would be just selling slower than the new entrants rate. And just that would need no PR and it would keep price rising. Now any insider has a reason to not rock the boat -unless he's an insider of something much bigger.
+1. I'm not a whale, but a good-sized fish and that's the only way you'll get my coins.
Might be tonight, $700 was very brief. Seven day chart sure looks like a continuing bear trend - I'm probably wrong though, as usual.
I think we will go back to $500 range in the next 4-6 weeks. Even if for just a day or two...it is coming.
Bought @ 630 (didn't have access to Gox prices, as usual).
I see this as probably having been the best buying opportunity in recent months.
I see this as probably having been the best buying opportunity in recent months.
The current trend will probably continue this cycle... slow downfall - fast drop - sudden spike up - another slow downfall..
I think that's because the biggest investors are moving out. If you were holding 10 000+ BTC, then this method would be the most profitable way to get out with relatively good profit.
I predict that this will continue until 200-300$ when it will settle with couple of months of stability. There won't be another stable boom without opening new markets with decent volumes. I think that bitcoin has 1-2 bubbles still left in it before it dies. Another step is probably south-America, but it takes some time to market bitcoin to the people there. News articles have to be bought, officials have to be bribed, amazing success stories have to be told...
I think that's because the biggest investors are moving out. If you were holding 10 000+ BTC, then this method would be the most profitable way to get out with relatively good profit.
I predict that this will continue until 200-300$ when it will settle with couple of months of stability. There won't be another stable boom without opening new markets with decent volumes. I think that bitcoin has 1-2 bubbles still left in it before it dies. Another step is probably south-America, but it takes some time to market bitcoin to the people there. News articles have to be bought, officials have to be bribed, amazing success stories have to be told...
dream on. The most prophitable way out for whales would be just selling slower than the new entrants rate. And just that would need no PR and it would keep price rising. Now any insider has a reason to not rock the boat -unless he's an insider of something much bigger.
over 1000 by end of month 
The current trend will probably continue this cycle... slow downfall - fast drop - sudden spike up - another slow downfall..
I think that's because the biggest investors are moving out. If you were holding 10 000+ BTC, then this method would be the most profitable way to get out with relatively good profit.
I predict that this will continue until 200-300$ when it will settle with couple of months of stability. There won't be another stable boom without opening new markets with decent volumes. I think that bitcoin has 1-2 bubbles still left in it before it dies. Another step is probably south-America, but it takes some time to market bitcoin to the people there. News articles have to be bought, officials have to be bribed, amazing success stories have to be told...
I think that's because the biggest investors are moving out. If you were holding 10 000+ BTC, then this method would be the most profitable way to get out with relatively good profit.
I predict that this will continue until 200-300$ when it will settle with couple of months of stability. There won't be another stable boom without opening new markets with decent volumes. I think that bitcoin has 1-2 bubbles still left in it before it dies. Another step is probably south-America, but it takes some time to market bitcoin to the people there. News articles have to be bought, officials have to be bribed, amazing success stories have to be told...
I get HODL... That was a funny post of a drunk dude who was venting on the forum. I get how that has some legacy value. But tarp? Just seems like people are trying to make another version of HODL. Doesn't make me angry or anything, and not to be all high and mighty, but tarp just seems immature
What are you talking about? Nobody can "make" tarp, it's already a meme, it's been a meme on the internets since, well, since memes were invented. It's the classic "admiral ackbar":
Keep saying it's a trap, cheap coins are no more!
To da moon!
To da moon!
Classic bull trap.
A LOT OF NEGATIVE NEWS past few weeks. It took WEEKS to go down to this price, and it suddenly, within a few minutes, goes back up? What's the reason? Gox isn't fixed, stolen Bitcoins from Silk Road 2.0 are not returned, USA has not regulated Bitcoins, it's still banned in Russia & China. So why this rise? There is no logic reason for it. Everyone just decided to buy, at the same time?
Classic bull trap.
Remember people, we're heading towards the capitulation stage. This ''rise'' will follow by an epic dump, greater than the $102 sell-off at BTC-e recently.
Don't jump on this train, this train isn't going anywhere.
Even the Titanic went up before it went down... forever.
Or buy. Or sell. I don't really care if you lose money or not. I know I don't want to lose money. So I sold
.
A LOT OF NEGATIVE NEWS past few weeks. It took WEEKS to go down to this price, and it suddenly, within a few minutes, goes back up? What's the reason? Gox isn't fixed, stolen Bitcoins from Silk Road 2.0 are not returned, USA has not regulated Bitcoins, it's still banned in Russia & China. So why this rise? There is no logic reason for it. Everyone just decided to buy, at the same time?
Classic bull trap.
Remember people, we're heading towards the capitulation stage. This ''rise'' will follow by an epic dump, greater than the $102 sell-off at BTC-e recently.
Don't jump on this train, this train isn't going anywhere.
Even the Titanic went up before it went down... forever.
Or buy. Or sell. I don't really care if you lose money or not. I know I don't want to lose money. So I sold
.This post was looking pretty legit until I saw who wrote it
I will agree that it'll probably drop again before it rises any remarkable amount.
Yeah, Stamp is going crazy, after hitting $538 yesterday we're already back above $700. Which kind of tarp do you think this is? Gogogo
I amn't voting cos I honestly don't know.
Still lots of danger out there. Exchanges which probably don't have the Bitcoins they think or say they do (I suspect we can add Bitfinex and BTC-E to that list), and there are apparently over ten thousand coins that have been stolen (inside job or not) from Silk Road which may be hitting an exchange near you, soon. However, this recovery has happened on as high volume as since the $380 bounce on Dec 18th. If this isn't a bullish indicator, I don't know what is.
If Stamp can hold above $700 by the time a few indicators (MACD, RSI, KDJ which are presently maxed out, tell me it is a good time to buy again, I shall be entering the market and tentatively changing my stance from bear, to 'investor', if not out and out 'bull'. In the time it has taken for me to type this, Bitstamp is now back down at $680, but I amn't interested in these 'cheap' coins. I will let the big players decide which way this is going to go and then hop on for the ride if the going looks good.
He's going to go full "Bulltard" on us! This I can't wait to see.
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