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Topic: Bear Trap triggered (Read 1879 times)

legendary
Activity: 1372
Merit: 1252
July 11, 2015, 11:16:51 AM
#30
The bears are started to get scared. You can tell by the amount of fud posts, they are decreasing every day that the average price goes up. Time to give up on your FUD and buy in.
legendary
Activity: 1512
Merit: 1012
July 11, 2015, 10:59:40 AM
#29
I've seen people say we're on the beginning of that chart, in the middle, in the end... Just forget that goddamned chart Cheesy

Oh boy, here come the charts again.  Roll Eyes

My personal fav.



Haha, was precisely thinking in posting this one after opening the thread!
hero member
Activity: 532
Merit: 500
July 11, 2015, 10:56:54 AM
#28
We have reached the first sell off  Cheesy



After this rockets are ready for moon lift off  Wink

If I had a bitcoin for every time I seen this chart posted I'd be richer then satoshi but I do have to agree with you. Bears will be trapped good soon.

The guy who made that chart should've copyrighted it, and should ask a fee for people to use it lol.

If the chart is at all appropriate, we are at the back to mean phase from the last cycle!  That looks pretty clear to me anyway.

Hopefully we can start a nice new cycle, with an bigger peak and no massive crash afterwards, then we can never see this stupid chart again!



We cant redo the cycle without another big crash at some point. Otherwise the chart would be meaningless.

-Sent from my CIRC wallet-
legendary
Activity: 1722
Merit: 1000
July 10, 2015, 02:34:44 PM
#27
I'm betting on..

a move to 4-600

a move back to 3-500

unknown
legendary
Activity: 1302
Merit: 1008
Core dev leaves me neg feedback #abuse #political
July 10, 2015, 01:59:59 PM
#26
Wondering where you guys come with those charts made with paint or whatever Shocked So you are telling me that there will be a dump after this? since from what you say we are at First sell and now we should go down ... if First sell = 290$ , really asking my self how the "New Paradigm" is and "when"

Indeed, edited this picture in Paint. Problem with Paint?

I have nothing against paint , in fact it's a very useful program . What I meant that this is not made by professionals in economics or finance unless you are ... what are your prooves for the charts you just shared with us Huh nothing just a line going UP and down without any reason.





try Paint.NET  -- free and much better than ms paint.
qwk
donator
Activity: 3542
Merit: 3413
Shitcoin Minimalist
July 10, 2015, 09:16:43 AM
#25
If the chart is at all appropriate, we are at the back to mean phase from the last cycle!  That looks pretty clear to me anyway.
That's because you're wearing sunglasses Wink
I've said it before and more than once, most people forget to actually read "anatomy of a bubble", especially ignoring the phases' descriptions: Smart Money - Institutional Investors, Public.
The chart is applicable when, and only when both the curve and the phases match.
So far, we're not even in "Institutional Investors".
legendary
Activity: 1736
Merit: 1029
July 10, 2015, 09:12:09 AM
#24
I've seen this chart floated around a lot, but I dont think it can be applied to btc.  Btc is not like other "investments"/currencies.  Just because its rising (seemingly due to economic uncertainty around the world) doesnt mean it can fit into this chart.
Well, maybe not, but it fit pretty well during the rise and drop to $1200.
legendary
Activity: 1218
Merit: 1003
July 10, 2015, 09:08:30 AM
#23
We have reached the first sell off  Cheesy



After this rockets are ready for moon lift off  Wink

If I had a bitcoin for every time I seen this chart posted I'd be richer then satoshi but I do have to agree with you. Bears will be trapped good soon.

The guy who made that chart should've copyrighted it, and should ask a fee for people to use it lol.

If the chart is at all appropriate, we are at the back to mean phase from the last cycle!  That looks pretty clear to me anyway.

Hopefully we can start a nice new cycle, with an bigger peak and no massive crash afterwards, then we can never see this stupid chart again!

legendary
Activity: 1027
Merit: 1005
July 10, 2015, 08:57:14 AM
#22
Oh boy, here come the charts again.  Roll Eyes

My personal fav.



LMAO!!

yeah, you all are reading into this way too much!
hero member
Activity: 560
Merit: 500
July 10, 2015, 08:52:18 AM
#21
We have reached the first sell off  Cheesy



After this rockets are ready for moon lift off  Wink

If I had a bitcoin for every time I seen this chart posted I'd be richer then satoshi but I do have to agree with you. Bears will be trapped good soon.

The guy who made that chart should've copyrighted it, and should ask a fee for people to use it lol.
hero member
Activity: 532
Merit: 500
July 10, 2015, 08:38:16 AM
#20
We have reached the first sell off  Cheesy



After this rockets are ready for moon lift off  Wink

If I had a bitcoin for every time I seen this chart posted I'd be richer then satoshi but I do have to agree with you. Bears will be trapped good soon.
legendary
Activity: 3066
Merit: 1147
The revolution will be monetized!
July 10, 2015, 08:35:52 AM
#19
Oh boy, here come the charts again.  Roll Eyes

My personal fav.

legendary
Activity: 1722
Merit: 1000
July 10, 2015, 08:31:37 AM
#18
So, IF this indeed is the bear trap, when do you expect the 'mania' phase to commence? And what kind of highs are we going to see?

I really don't know much about the market mechanics, I just know I love the excitement when these kind of fluctuations happen Cheesy

September, based 100% on Martin Armstrongs market analysis.


qwk
donator
Activity: 3542
Merit: 3413
Shitcoin Minimalist
July 10, 2015, 08:28:47 AM
#17
I've seen this chart floated around a lot, but I dont think it can be applied to btc.
It can, but is usually wrongly done so.
I've said it before and more than once, most people forget to actually read "anatomy of a bubble", especially ignoring the phases' descriptions: Smart Money - Institutional Investors, Public.
The chart is applicable when, and only when both the curve and the phases match.
So far, we're not even in "Institutional Investors".
sr. member
Activity: 420
Merit: 250
July 10, 2015, 08:24:47 AM
#16
So, IF this indeed is the bear trap, when do you expect the 'mania' phase to commence? And what kind of highs are we going to see?

I really don't know much about the market mechanics, I just know I love the excitement when these kind of fluctuations happen Cheesy
legendary
Activity: 1722
Merit: 1000
July 10, 2015, 08:15:31 AM
#15
This could be the king of LTC bear traps...

The next months will FINALLY be interesting lol.
hero member
Activity: 560
Merit: 500
July 10, 2015, 07:47:11 AM
#14
I've seen this chart floated around a lot, but I dont think it can be applied to btc.  Btc is not like other "investments"/currencies.  Just because its rising (seemingly due to economic uncertainty around the world) doesnt mean it can fit into this chart.
legendary
Activity: 3248
Merit: 1070
July 10, 2015, 07:09:21 AM
#13
you're not looking at the whole picture, we are more likely in the take off zone, this take off will last until 1k

small swings here and there must be ignored, you need to zoom in that chart to x100 to see them clearly in that straight line
sr. member
Activity: 248
Merit: 252
July 10, 2015, 07:07:52 AM
#12
If we are to use that chart as a way to explain it, I'd say that with the red line we're on the right hand side where it 'returns to mean' (the line in its entirety would only cover the most recent bubble), but also say that we're still in the 'awareness' stage, so I'd squish that whole red line to occupy only the left hand side of the chart to make the end of the line land in the awareness stage.  Hope that makes sense.

hero member
Activity: 896
Merit: 1000
July 10, 2015, 06:05:47 AM
#11
Lol Windows XP is one of the best versions of windows though. Time to move to Linux I'd say.

I'm confused how this is a sell off. Price is going up.


I don't think anyone really knows whats going on then people who have the money to move markets for there own gains.
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