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Topic: Bears, Infidels and others alike thread. (Read 2904 times)

full member
Activity: 238
Merit: 100
November 20, 2014, 01:04:06 PM
#32
*Bump* Another bear joining the crowd.  I wonder if we go down even more the coming few days, but I consider that less likely. It is probably going to be a slow, weeks long grind downwards back to the previous low of October. A lot of people got burned in each case: it amazes me that people still fall for such pump and dump schemes in an obviously highly manipulated market.

But the best of all must have been all the pictures of dead bears, trains and moons. We go up a few days and suddenly everyone is like 'I"m calling the bottom!', 'Parabolic rise incoming', '10.000 dollar coins soon', 'To dah moon'. Delusional, that's what it is.

This. Even if you thought the price was cheap... $10,000 coins... or actually they were saying $100,000 coins within five years... is completely delusional bull----. I so agree.
full member
Activity: 215
Merit: 100
November 20, 2014, 07:19:21 AM
#31
Someone suggested potential auction bidders might dump a load of bitcoins before the auction to get the price as low as possible. That way they could buy cheaper coins during the auction itself. After the recent dump I'm wondering if there are manipulators at work, and if here are, how low they could drive the price down to.

The problem with this theory is that you would only need two (or more) market manipulators for this approach to fail.
If both you and I have driven down the price pre-auction, then we would both know that the true price was higher than the current actual market price, and therefore we would both be willing to bid above the current actual market price. We would end up bidding up to the true price in the auction. And therefore we would gain nothing.
legendary
Activity: 1015
Merit: 1001
November 20, 2014, 07:06:31 AM
#30
I do not see any major upward movement until mid-2015 personally.
    Cool
sr. member
Activity: 345
Merit: 250
November 20, 2014, 06:51:50 AM
#29
360 breached down on Bitstamp.

Do people still think we're going higher? Because facts tell otherwise. Funny part is that if everyone would buy just using their funds in the exchanges, without coming with new money, price will skyrocket. And also taking the coins out, securely in their wallets. But it won't, because every time the price increases a bit, people sell to buy lower. And once the price gets lower, everybody waits to buy even lower.


The behavior you describe is typical of a bear market, so what is your point? When the market will reach a low price at which there won't be many sellers left,
it will be possible to build the sub-waves of a new bull market. Right now the market enters oversold zone, but there is some room to drop further.

Someone suggested potential auction bidders might dump a load of bitcoins before the auction to get the price as low as possible. That way they could buy cheaper coins during the auction itself. After the recent dump I'm wondering if there are manipulators at work, and if here are, how low they could drive the price down to.
sr. member
Activity: 952
Merit: 281
November 20, 2014, 06:46:37 AM
#28
It seems like we are no longer following any trend line.  This is why Elliot Waves are being posted so much lately.

I do not see any major upward movement until mid-2015 personally.
legendary
Activity: 1015
Merit: 1001
November 20, 2014, 06:25:13 AM
#27
360 breached down on Bitstamp.

Do people still think we're going higher? Because facts tell otherwise. Funny part is that if everyone would buy just using their funds in the exchanges, without coming with new money, price will skyrocket. And also taking the coins out, securely in their wallets. But it won't, because every time the price increases a bit, people sell to buy lower. And once the price gets lower, everybody waits to buy even lower.
  Wink
legendary
Activity: 2170
Merit: 1094
November 20, 2014, 06:10:16 AM
#26
360 breached down on Bitstamp.

Do people still think we're going higher? Because facts tell otherwise. Funny part is that if everyone would buy just using their funds in the exchanges, without coming with new money, price will skyrocket. And also taking the coins out, securely in their wallets. But it won't, because every time the price increases a bit, people sell to buy lower. And once the price gets lower, everybody waits to buy even lower.


The behavior you describe is typical of a bear market, so what is your point? When the market will reach a low price at which there won't be many sellers left,
it will be possible to build the sub-waves of a new bull market. Right now the market enters oversold zone, but there is some room to drop further.
legendary
Activity: 1064
Merit: 1001
November 20, 2014, 05:46:19 AM
#25
360 breached down on Bitstamp.

Do people still think we're going higher? Because facts tell otherwise. Funny part is that if everyone would buy just using their funds in the exchanges, without coming with new money, price will skyrocket. And also taking the coins out, securely in their wallets. But it won't, because every time the price increases a bit, people sell to buy lower. And once the price gets lower, everybody waits to buy even lower.

legendary
Activity: 2170
Merit: 1094
November 15, 2014, 05:07:40 PM
#24
Latest DanV on Tradingview: BTC - REVERTS TO BEARISH CYCLE IN FINAL LEG
What I found interesting is he got similar timings for THE bottom as mine (late December or February),
but as he's been usually too bullish, I hope his bottom guesstimate of 250$ will be proven too bullish again. Cheesy

https://www.tradingview.com/v/A1mFwkEG/
legendary
Activity: 1176
Merit: 1000
November 15, 2014, 04:58:18 PM
#23
What a pathetic DCB that was.

BTC can easily go sub 200 by 2015. The potential for failure is enormous.

Do you stand by your predictions of 50-100k per bitcoin from earlier in the year. Or is it now <10 dollars a coin. Make up your mind!
legendary
Activity: 2170
Merit: 1094
November 15, 2014, 08:03:55 AM
#22
wobber, you are doing it wrong. You should create a "Bulls' bunker" thread, and the permabulls should post their delusional TA there,
with trains, rockets and moon pictures, regardless of the market state. That should clear up the forum for real TA.
legendary
Activity: 2408
Merit: 1009
Legen -wait for it- dary
November 14, 2014, 08:05:38 PM
#21
Not really a bear or a bull, just a swing / day trader.  In the shorter long-term I think we will test $300 again soon, though I have said we would go to $500 this weekend.  I don't mind a surge upwards if happens, there's definitely bid support at around $380.   

In any case, how many of you here in this thread are actively shorting bitcoin or have shorted in the past?  Any particular strategies or technicals you look at?

I will short any time that it's profitable. I look for topping technicals. (ie divergences, slowing momentum, rising volume on declining price) I haven't shorted very recently because this correction to the down trend was expected and I don't fight the trend in most cases.
legendary
Activity: 2408
Merit: 1009
Legen -wait for it- dary
November 14, 2014, 06:05:54 PM
#20
*Bump* Another bear joining the crowd.  I wonder if we go down even more the coming few days, but I consider that less likely. It is probably going to be a slow, weeks long grind downwards back to the previous low of October. A lot of people got burned in each case: it amazes me that people still fall for such pump and dump schemes in an obviously highly manipulated market.

But the best of all must have been all the pictures of dead bears, trains and moons. We go up a few days and suddenly everyone is like 'I"m calling the bottom!', 'Parabolic rise incoming', '10.000 dollar coins soon', 'To dah moon'. Delusional, that's what it is.

It's kinda funny at first, but it gets very annoying quickly. I almost can't stand to read this forum anymore. I definitely have to be very selective in my thread choices, and it's usually when someone has a TA based thread because that's my thing.
legendary
Activity: 3066
Merit: 1147
The revolution will be monetized!
November 14, 2014, 11:30:44 AM
#19
If you were just saying that permabulls are deluded because their optimism is causing them to forget that no one knows the future, then I would agree. But I think you are mistaken that the bears were right. They do not know anything either. But of course in a binary choice someone has to be right.  If I called heads in a coin flip and won, it would not mean that I knew the future.

sr. member
Activity: 294
Merit: 250
November 14, 2014, 08:13:00 AM
#18
Just 2 months ago sub $450 seemed unimaginable, now even after a pump, 400s can't be sustained for more than a day, yet they post moon and dead bears pictures.

those are the delusional people who are still hoping for a miracle from out of nowhere to push the price up to $1k
sr. member
Activity: 336
Merit: 250
November 14, 2014, 07:59:22 AM
#17
No, just realistic. Extremism is not encouraged Smiley

so...youre banned from your own thread? because you are quite the extremist.
hero member
Activity: 1666
Merit: 565
November 14, 2014, 05:05:19 AM
#16
finally a thread that say something more realistic!

it's too bad read this enthusiastic posts without any prove Sad
sr. member
Activity: 476
Merit: 250
November 14, 2014, 04:55:04 AM
#15
What a pathetic DCB that was.

BTC can easily go sub 200 by 2015. The potential for failure is enormous.
legendary
Activity: 1652
Merit: 1016
November 14, 2014, 04:38:12 AM
#14
So far everybody that said we're NOT GOING to the moon and WE'RE NOT GOING TO RALLY but just downwards with some bounces, was right.
I don't understand. We are at the moon already aren't we?
Well, we are for me anyway. Cheesy
sr. member
Activity: 1246
Merit: 261
★ Investor | Trader | Promoter
November 14, 2014, 02:02:18 AM
#12
Just 2 months ago sub $450 seemed unimaginable, now even after a pump, 400s can't be sustained for more than a day, yet they post moon and dead bears pictures.
legendary
Activity: 854
Merit: 1000
November 14, 2014, 01:18:18 AM
#11
I suggest we hang out in here and leave the guys with rockets, spaceships and trains play alone. So far everybody that said we're NOT GOING to the moon and WE'RE NOT GOING TO RALLY but just downwards with some bounces, was right.

Delusional permabulls were wrong. Back into the 380s area soon.

Just make sure not to post in bullish treads to give arguments on why we won't go higher anytime soon. It's futile, they won't understand.


I guess delusional permabulls were wrong ever since BTC was $0.01..... Wink
Unless of course you mean that bears and other kinds of animals have the special ability to predict dips!!!!  Cheesy Cheesy Cheesy


Anyway, have a good time spreading FUD!
full member
Activity: 126
Merit: 100
November 14, 2014, 01:13:48 AM
#10
This thread should be titled
"The truth, nobody on this forum will admit"

... It's crazy how after every small gain after a large drop everyone starts buying crazy thinking they're missing an uptrend LOL!  Cheesy
sr. member
Activity: 369
Merit: 250
November 14, 2014, 01:01:02 AM
#9
Bear checking in  Cheesy

I'm still not convinced the downtrend is over, but we should have a clearer picture in the coming weeks.
legendary
Activity: 2772
Merit: 1028
Duelbits.com
November 14, 2014, 12:52:53 AM
#8
No, just realistic. Extremism is not encouraged Smiley

Yeah, you're the one to talk about that  Grin
legendary
Activity: 1064
Merit: 1001
November 14, 2014, 12:36:04 AM
#7
Meanwhile

I think we will reach around 800$ by Jan 1, 2015

$500 is next target!

$600
$700
$800
....


had all my btc sold at 290$
do you guys believe we could see sub $300 again?

Bad timing Sad I personally think probably not but who knows, strange things can happen in crypto.

However I think the chance of BTC hitting $1000 before hitting $300 is bigger.

Wat? 90 USD to 300, 700 USD to 1000...
legendary
Activity: 1064
Merit: 1001
November 14, 2014, 12:24:47 AM
#6
No, just realistic. Extremism is not encouraged Smiley
legendary
Activity: 1330
Merit: 1000
dafar consulting
November 14, 2014, 12:21:02 AM
#5
Bitcoin is on the rise again. Where will it go this time ? 5K 10K Cheesy, what is causing the price to rise so fast? Cheesy i am getting excited Cheesy

Lmao! oh man the delusion in this one.


Do u need to be a permabear to join this club?
legendary
Activity: 2772
Merit: 1028
Duelbits.com
November 14, 2014, 12:19:46 AM
#4
So, what's the point with this thread?

I could understand if it was some noob troll but you know that loads of people made themselves twats with threads like this. Often pretty soon after they opened it.

You just like to be a twat, need some love and attention or what?  Grin

legendary
Activity: 1064
Merit: 1001
November 14, 2014, 12:16:23 AM
#3
Funny quotes

IT'S HAPPENING!!!! feels like june 2011 up in here.. HODL HODL HODL  Smiley Smiley Smiley Smiley Smiley

Bitcoin is on the rise again. Where will it go this time ? 5K 10K Cheesy, what is causing the price to rise so fast? Cheesy i am getting excited Cheesy

Oh oh... BULL IS WAKING UP

Good luck bears.
legendary
Activity: 2408
Merit: 1009
Legen -wait for it- dary
November 14, 2014, 12:04:50 AM
#2
Should have made it self moderated  Wink
I'll use this to show an update to my daily chart

legendary
Activity: 1064
Merit: 1001
November 13, 2014, 11:59:48 PM
#1
I suggest we hang out in here and leave the guys with rockets, spaceships and trains play alone. So far everybody that said we're NOT GOING to the moon and WE'RE NOT GOING TO RALLY but just downwards with some bounces, was right.

Delusional permabulls were wrong. Back into the 380s area soon.

Just make sure not to post in bullish treads to give arguments on why we won't go higher anytime soon. It's futile, they won't understand.
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