Price cascade like gentle water fall over rocks
Like path of Coin bouncing down staircase
Big curve and small
Morning like evening; Summer and fall
Embrace Log chart
This is Way of Coin
Topic: A bear sais: price will go down again by the end of the week (Read 1271 times)
Lao Tzu say
Price cascade like gentle water fall over rocks
Like path of Coin bouncing down staircase
Big curve and small
Morning like evening; Summer and fall
Embrace Log chart
This is Way of Coin
Price cascade like gentle water fall over rocks
Like path of Coin bouncing down staircase
Big curve and small
Morning like evening; Summer and fall
Embrace Log chart
This is Way of Coin
September 08, 2011, 05:50:15 PM
Do you guys see the way I'm seeing the recent price spikes from 6.12 to 7.59?
I believe that these spikes will get smaller and smaller on the way to $5, even lower. I mean, hard to believe that there will be a low 4, and then a high 5.5.
I believe that these spikes will get smaller and smaller on the way to $5, even lower. I mean, hard to believe that there will be a low 4, and then a high 5.5.
I'd love to get a snapshot of all posts on this forum during the first week of April and compare that to the first week of June. This forum would be a great study in the euphoria-bubble-despair cycle.
The fire sale at the beginning of August dropped to way below 6 (http://bitcoincharts.com/charts/mtgoxUSD#rg60zczsg2011-08-07zeg2011-08-08zvztgSzm1g10zm2g25) - this time it stopped at 6.12. That makes me slightly optimist.
Too many Bitcoins...
stagnate
stagnate
stagnate
stagnate
rise?
stagnate
stagnate
stagnate
rise?
Yeah, something like that. Or drop, stagnate, slide, rise, peak, drop, stagnate, slide, rise, peak...
November, February, and June are the strongest examples of a repeated pattern, namely a drop to the logarithmic half of the peak and a plateau four time longer than the rise.
I personally love bitcoin but can't see any incentive to buy, buy, buy as some people shout in here.
Are we reading the same forum??!?!?!?!!
the secret of getting back up to $30 is to go back down to $1 
I personally love bitcoin but can't see any incentive to buy, buy, buy as some people shout in here.
I am still bearish and I invite other bears to a nice, argumented conversations. I would also invite bulls, if they can hold themselves with the "buy,buy,buy" thing. I understand that they have to manipulate psychologically, or at least to try but... Enough is enough.
Here are my reasons for the lower price that will come:
1. It's the middle of the week. Historically, people trade more actively.
2. It's just a little spike from the low of $6.12
3. Bitcoin had a tremendous year but it's price will go low. Not very low, I expect 4-5 USD. Prices of $1-2 are insane, I'd buy 1000, so would others and well be at 30 in no time.
I am still bearish and I invite other bears to a nice, argumented conversations. I would also invite bulls, if they can hold themselves with the "buy,buy,buy" thing. I understand that they have to manipulate psychologically, or at least to try but... Enough is enough.
Here are my reasons for the lower price that will come:
1. It's the middle of the week. Historically, people trade more actively.
2. It's just a little spike from the low of $6.12
3. Bitcoin had a tremendous year but it's price will go low. Not very low, I expect 4-5 USD. Prices of $1-2 are insane, I'd buy 1000, so would others and well be at 30 in no time.
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