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Topic: $713, stamp is batshit insane. Bull trap or bear trap? - page 3. (Read 5689 times)

sr. member
Activity: 280
Merit: 250
99% of BTC memes are wholly idiotic.
member
Activity: 91
Merit: 10
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
sr. member
Activity: 448
Merit: 250
Tarp?

Immature spelling of 'trap'.
One of the reasons why Bitcoin will never succeed. It's community is made-up of adults who behave like 12 year olds.


Confirmed.

Also, looks like they're testing $700 again so we'll see if I've spoken too soon...
hero member
Activity: 717
Merit: 501
This is just a trap.

MtGox is controlled by MtGox only. They are buying up coins on MtGox and dumping elsewhere.
This will continue to go on until Mark decides it's enough and make up an excuse to close MtGox & get away with it.
All bitcoin exchanges are shady, there is no trust left.

If you buy now, you may as well just send me your coins. It's the same thing; guaranteed that you will lose your coins to someone else.
legendary
Activity: 1512
Merit: 1000
Tarp?

Immature spelling of 'trap'.
One of the reasons why Bitcoin will never succeed. It's community is made-up of adults who behave like 12 year olds.

Of which you're the mascot.
hero member
Activity: 840
Merit: 1000
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.

hero member
Activity: 717
Merit: 501
Tarp?

Immature spelling of 'trap'.
One of the reasons why Bitcoin will never succeed. It's community is made-up of adults who behave like 12 year olds.
sr. member
Activity: 280
Merit: 250
I thought a bear trap was when there's a sell off and bears are induced into selling since they believe it will go lower, but it reverses, and a bull trap is when there's a brief rally, and bulls think it'll go higher so they buy but it reverses down. If that's correct, can't this only qualify as a bull trap? Cheesy
legendary
Activity: 1330
Merit: 1000
dafar consulting
I hope there's another dip in the sub $650s during this weekend when people move their coins out of GOX and dump it in other exchanges, or take profits from the recent dips.

I was about to buy some at $635 this morning... just as I was about to press the submit button I decided to wait a few hours instead.... STUPID!!


Honestly I think we'll be around $750-800+ after this weekend

It looks like the results are already in... back to $683. Sorry bulls! Better luck next time. Cool

this is only a tiny dip... it was less than $630 this morning... watch the price go up more when GOX confirms their good news... but hopefully we'll see some dips this weekend
member
Activity: 91
Merit: 10
Tarp?
sr. member
Activity: 448
Merit: 250
It looks like the results are already in... back to $683. Sorry bulls! Better luck next time. Cool
hero member
Activity: 717
Merit: 501
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 Smiley.
sr. member
Activity: 448
Merit: 250
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
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