Topic: BEAR TRAP :) - page 4. (Read 14100 times)
Well , this world it's so full of bear traps and bull traps , I need a metal detector to get out of the house.
So, do you suppose bitcoin is going to $0 ? 
Right after April's crash i bought at $100 and then even at $60. Now it's the most profitable investment in my life.
Right after April's crash i bought at $100 and then even at $60. Now it's the most profitable investment in my life.
Right, and that pattern will just carry on and repeat forever "just because".
Bitcoin has become extremely volatile at extremely high volumes. Millions of dollars in single trades. Every time someone pumps in 1 million USD (2k BTC) into bitcoin, and pushes the price up by say 100 USD, the market cap magically rises by 1.2 BILLION USD - though only 1 million USD flowed into bitcoin.
Free money does not exist.
The volatility at this liquidity is rapidly destroying bitcoin, stripping it of any true investment value. For now, anyway. New money from new users is not going to flow in after a bubble burst, no matter how good the news. Any buys now are made by speculators. Buying for long-term investment at this stage is nothing but gambling.
Once it is stable for a few weeks/months at a pricerange it manages to stay within 1 percent of, THEN there might be some investment value into bitcoin. Right now; steer the fuck clear of bitcoin unless you're a daytrader and have balls of steel.
MatTheCat, I didn't sell. I'm only buying.
I sold. Everything.
And I aint buying.
Not right now.
Probably not for another few weeks until Btc finds a stable bottom.
I guess everyone understands that recent dip has been caused by a manipulation.
Those who sold in panic, at least got a costly lesson and hopefully won't repeat it again.
Those who hold their coins, will enjoy notable gains soon.
Those who sold in panic, at least got a costly lesson and hopefully won't repeat it again.
Those who hold their coins, will enjoy notable gains soon.
I sold at 680 and bought back at 490
This is the IRS. Please report your gains immediately. Non-compliance will be regarded as domestic terrorism and treated as such.
Thank you for your cooperation.
Daniel Werfel
Nope, it is just play money until exchange actually send you the money.
MatTheCat, I didn't sell. I'm only buying.
So, do you suppose bitcoin is going to $0 ?
Right after April's crash i bought at $100 and then even at $60. Now it's the most profitable investment in my life.
Right after April's crash i bought at $100 and then even at $60. Now it's the most profitable investment in my life.
We have another "I sold at $900 and bought at $400" merchant here!
You hero, you must be so pleased.
I suppose all your 'face palming' of bears and hyperbole of Btc going to the moon right up until 5 minutes before the crash must have been to draw in the foolish money to buy your expensive coins before you bought back in at a 50% discount?
Gotta hand it to you, that was one slick move!
So, do you suppose bitcoin is going to $0 ?
Right after April's crash i bought at $100 and then even at $60. Now it's the most profitable investment in my life.
Right after April's crash i bought at $100 and then even at $60. Now it's the most profitable investment in my life.
Hahaha delusion at its finest.
And denial too!
Waiting for a wire to be deposited today and hope this bear trap won't slam before I buy at lowest rate 
Got any more hilarious face palm images for us 'Bears'?
I only turned into a bear a few hours before the crash yet you still managed one for me....actually, I think yours was a 'Double Face Palm - For Times When One Face Palm Isn't Enough'
Hilarious stuff.
Hahaha delusion at its finest.
Waiting for a wire to be deposited today and hope this bear trap won't slam before I buy at lowest rate
Zeroday, haven't heard from you in a while. How are you doing, my mate? 
Yes, the bear trap, before the running series of bull traps that have lasted all day today.
I love how every time BTC prices go nuts, the forums fill with people shouting about 'new paradigms' and 'what bubble?', and bears are scorned. And every time the result is exactly the same.
Yes BTC has a lot of potential, yes it has been, and will probably continue to, grow exponentially, at least for some time. But what we saw in the last few days was super-exponential growth - it looked exponential even on the log charts!
Learn to recognize this and you will do very well out of these sorts of price movements.
I love how every time BTC prices go nuts, the forums fill with people shouting about 'new paradigms' and 'what bubble?', and bears are scorned. And every time the result is exactly the same.
Yes BTC has a lot of potential, yes it has been, and will probably continue to, grow exponentially, at least for some time. But what we saw in the last few days was super-exponential growth - it looked exponential even on the log charts!
Learn to recognize this and you will do very well out of these sorts of price movements.
It's unfortunate, but panic sellers have made a lot of us wealthy.
I've got my piece of cake from recent dip too, but I don't think this way of slaughtering of noobs is good for bitcoin economy. It just slows down the adoption.
How many potential newcomers have given up on the idea of jumping into bitcoin today ?
I hope you bought all the coins to your stuffing in this bear trap...
BTC CHINA:
5351 Chinese Yuan equals
878.23 US Dollars
BTC is actually at the same price it was at yesterday before the rally.
I bet it will go up in 12 hours. Chinese demand is extremely strong.
5351 Chinese Yuan equals
878.23 US Dollars
BTC is actually at the same price it was at yesterday before the rally.
I bet it will go up in 12 hours. Chinese demand is extremely strong.
I hope so. I bought at the first dip and watched as it goes up and down again whole day. People were going crazy panic buy-> panic sell and so on
This is the IRS. Please report your gains immediately. Non-compliance will be regarded as domestic terrorism and treated as such.
Thank you for your cooperation.
Daniel Werfel
I thought you guys were having a party and taking expensive retreats on the tax payer's dime?
I guess everyone understands that recent dip has been caused by a manipulation.
Those who sold in panic, at least got a costly lesson and hopefully won't repeat it again.
Those who hold their coins, will enjoy notable gains soon.
Those who sold in panic, at least got a costly lesson and hopefully won't repeat it again.
Those who hold their coins, will enjoy notable gains soon.
I sold at 680 and bought back at 490
This is the IRS. Please report your gains immediately. Non-compliance will be regarded as domestic terrorism and treated as such.
Thank you for your cooperation.
Daniel Werfel
I guess everyone understands that recent dip has been caused by a manipulation.
Those who sold in panic, at least got a costly lesson and hopefully won't repeat it again.
Those who hold their coins, will enjoy notable gains soon.
Those who sold in panic, at least got a costly lesson and hopefully won't repeat it again.
Those who hold their coins, will enjoy notable gains soon.
I sold at 680 and bought back at 490
BTC CHINA:
5351 Chinese Yuan equals
878.23 US Dollars
BTC is actually at the same price it was at yesterday before the rally.
I bet it will go up in 12 hours. Chinese demand is extremely strong.
5351 Chinese Yuan equals
878.23 US Dollars
BTC is actually at the same price it was at yesterday before the rally.
I bet it will go up in 12 hours. Chinese demand is extremely strong.
bullshit, what do you want a circle of 100 people trading this stuff? The only way it will catch on is if people don't feel like this is a total rip off when they come here.
+1 to not killing noobs for the sake of mass adoption
that's just not how it works tho. it's a nice idea to "save the noobs" but the fact is, they will panic sell and there is money on the table. someone will take it.+1 to not killing noobs for the sake of mass adoption
Exactly. That's why I say it's unfortunate. I'm not just going to pass an opportunity to make easy money. Sorry to the weak hands. I learned my lessons the hard way, too, and I'm lucky enough to be in a position to take advantage of people who are now essentially what I was in 2011. One of the big lessons I learned in 2011 was that panicing usually doesn't work out well.
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