bitcoin is going to bounce up this week

BitPirate

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Quote from: smurf2094 on May 01, 2013, 08:29:36 PM

I feel like it'll go down, but I still feel like it'll go sky rocket up.

Reason for down, at a 3 day chart it just keeps going lower...

Reason for up, how could it go any further down if it's getting more and more attention and with Silk Road back up.

"Reason for up" --> you gave a reason.

"Reason for down" --> charts therefore down (i.e.: you didn't give a reason).

endriuska

member

Activity: 91

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Yea, i agree, it's going back up, the steep drops only happen when someone dumps 5K+ coins, and those coins are devided by many buyers, and once it's down everyone is taking advantage and buying, eventually it will stabilize once players with 10k+ are gone

bitarrow

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will bounce next week, not this week

smurf2094

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I feel like it'll go down, but I still feel like it'll go sky rocket up.

Reason for down, at a 3 day chart it just keeps going lower...

Reason for up, how could it go any further down if it's getting more and more attention and with Silk Road back up.

RationalSpeculator

sr. member

Activity: 294

Merit: 250

This bull will try to shake you off. Hold tight!

Quote from: arepo on May 01, 2013, 07:56:43 PM

market sentiment lags price perfectly.

true, I'm susceptible to it too

BitPirate

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Agree, quite an irrational sell-off. Again.

arepo

sr. member

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this statement is false

Quote from: torba on May 01, 2013, 07:41:36 PM

Yea, all of sudden everyone's a bear.

market sentiment lags price perfectly.

torba

member

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Quote from: UltimateReaper on May 01, 2013, 07:40:01 PM

I think it's going to bounce back too. I mean, at least for a bit.

Seems like every time we experience these major dips everyone yells "abandon ship!" "we're all going to die!" "see you at -39747587399284959"

Frankly I don't see us going back to below 90-100 without a major technical problem.

Yea, all of sudden everyone's a bear.

UltimateReaper

newbie

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I think it's going to bounce back too. I mean, at least for a bit.

Seems like every time we experience these major dips everyone yells "abandon ship!" "we're all going to die!" "see you at -39747587399284959"

Frankly I don't see us going back to below 90-100 without a major technical problem.

bitcon

legendary

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shhh.... don't say anything, people might start panic buying....

torba

member

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Merit: 10

It's low right now, and if we look at what happened a few weeks ago when it touched $55 from being stable around $100-$130 that should indicate what's happening now.

Topic: bitcoin is going to bounce up this week (Read 969 times)