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Topic: BTC/USD: Ready for "The Running of the Bears"? (Read 19801 times)

copper member
Activity: 1428
Merit: 253
I just re-read the OP's post and rather than just say he's wrong outright let's use his own recommendations and timeline to ascertain conclusively whether he is right or wrong

To be fair to the OP, here's his conclusion

Quote
... but this time I'm going to go out on a limb and make you a clear-cut suggestion: sell. I'm selling. We've all made a lot of money, and no one has ever been hurt taking a profit. Profit is money you didn't have before, and now you have it. So take it off the table and enjoy it. You can stay in the shark pool if you want, but do so at your own peril. It looks like the correction is indeed very close -- no one has infinite money to keep pushing the price to infinity, so a correction is going to happen. If you're patient and smart, you might be able to buy back your bitcoins in the $30s or $40s in another 7-14 days.... or at least in the 50s

In summary, for him to be right (with an original post date at March 25th), bitcoin price needs to be below $60 no later than April 8th. If price enters $30-40 in the same timeframe, he gets top marks

He throws in a lot of mights, maybes, its possible, and even a caveat after the text I quoted above but theres no way to argue against the fact that he made a recommendation based on his TA and the quoted text is it

So let's see if he's right or wrong April 8th. In the meantime we can continue the debate.


Oops... Smiley

OP left himself some wiggle room just in case he was wrong, which quite clearly he is.

gee, you think? Smiley

let's se mmmmm
I'm sheep and I followed his advice.
I sold my let's say 250 btc at $75: and I got 18,750 in fiat... not bad...

Today, that's over $50,000...

Kill me!!! LMAO!
Fun TA to shred to pieces though... and people were calling me "rude" hahahahhahahhaa
copper member
Activity: 1428
Merit: 253
What's wrong with the title? The bears are running. Running scared. Funny that we have more than doubled since OP.

Yet, OP will still claim he's right! Tongue
copper member
Activity: 1428
Merit: 253
I have a better title for this post:



LMAO...
hero member
Activity: 784
Merit: 1000
Ian Bakewell was lucky he didn't scam me. Smiley ATC seems to be making an effort to pay according to John's texts, he's just got a shit luck it seems, so I'll give him a break.

The problem is, even if you start working your ass off the moment you receive your loan, and decide to pay back as soon as possible, maybe even pay your first instalment with whatever you get just a few days after you take the loan, bitcoin still would not forgive you for daring to go short against it. The kind of "round the clock" bitcoin price increase will probably breakdown most people mentally within a few minutes after they take a BTC loan, and if not, within  a few days....

Don't lend in BTCs, it's not going to end up well for both the borrowers and the lenders. Smiley
member
Activity: 112
Merit: 10
Anyone who thinks speculation means incoming crash is a fool. Every single growth industry in history (Amazon.com anyone?) Amazon stock was first sold for barely a dollar, and then spiked far exceeding what was justified by their profits. Why? People saw a goldmine before the gold was being extracted.
sr. member
Activity: 294
Merit: 250
Ian Bakewell was lucky he didn't scam me. Smiley ATC seems to be making an effort to pay according to John's texts, he's just got a shit luck it seems, so I'll give him a break.
hero member
Activity: 784
Merit: 1000
He's indeed going rogue...

I won't let him. I have a window open with 400+ of his friends, acquaintances, colleagues, his dad, mom, cousins, ect in case he tries to unfriend me. -Satoshi forbid me from getting more ideas. He seems like a nice guy so hopefully it won't come to that. My only concern is this massive rally making it difficult for him to pay it back. I've checked his profile, more than likely he'll be able to pay it back. He just made a terrible call.

Quote
Sorry, I fell asleep. Yes, I went ahead and sent $300 to a friend of mine and shes supposed to do bitinstant for me in the morning. Ive never used it bef
 
ore and dont know how reliable it is (last thing I need to do is lose a bunch of $) so Ill be waiting to hear from her in the morn. If all goes well Ill
 
just purchase the remainder in btc from them and send it your way. I also got a new medication thats supposed to stop the bloody coughs, so hopefully Ill
 
feel better by morning too. Gonna get some sleep and be in touch asap with the results.

Yup, Ian Bakewell was actually a nice guy as well...
sr. member
Activity: 294
Merit: 250
He's indeed going rogue...

I won't let him. I have a window open with 400+ of his friends, acquaintances, colleagues, his dad, mom, cousins, ect in case he tries to unfriend me. -Satoshi forbid me from getting more ideas. He seems like a nice guy so hopefully it won't come to that. My only concern is this massive rally making it difficult for him to pay it back. I've checked his profile, more than likely he'll be able to pay it back. He just made a terrible call.

Quote
Sorry, I fell asleep. Yes, I went ahead and sent $300 to a friend of mine and shes supposed to do bitinstant for me in the morning. Ive never used it bef
 
ore and dont know how reliable it is (last thing I need to do is lose a bunch of $) so Ill be waiting to hear from her in the morn. If all goes well Ill
 
just purchase the remainder in btc from them and send it your way. I also got a new medication thats supposed to stop the bloody coughs, so hopefully Ill
 
feel better by morning too. Gonna get some sleep and be in touch asap with the results.
legendary
Activity: 2492
Merit: 1491
LEALANA Bitcoin Grim Reaper
1. Create forum profile

2. Post BS on the forum

3. Create a thread or threads saying why the top is in concerning price.

4. Be proven wrong on your predictions.

5. Back pedal like a TA politician.

6. Go silent when the price keeps rising against you.

7. Fail

 Grin Grin Grin
member
Activity: 75
Merit: 10
He's indeed going rogue...
legendary
Activity: 1036
Merit: 1000
Uh-oh. Now I feel bad for him. Unless he goes rogue.
legendary
Activity: 1036
Merit: 1000
Been almost a week since he logged in. Huh
copper member
Activity: 1428
Merit: 253
lol so fail

I'm still waiting for ATC777 to log back in... I liked the kid... I'm worried and I hope he's ok!

All that effort creating a TA for nothing.... hehehehe
legendary
Activity: 2492
Merit: 1491
LEALANA Bitcoin Grim Reaper
lol so fail
legendary
Activity: 1036
Merit: 1000
♪Dun, dun, dun





Another one bites the dust♪


Another TA came and went, paying dearly for their cognitive biases. What happened to Arepo?
legendary
Activity: 2492
Merit: 1491
LEALANA Bitcoin Grim Reaper
I just re-read the OP's post and rather than just say he's wrong outright let's use his own recommendations and timeline to ascertain conclusively whether he is right or wrong

To be fair to the OP, here's his conclusion

Quote
... but this time I'm going to go out on a limb and make you a clear-cut suggestion: sell. I'm selling. We've all made a lot of money, and no one has ever been hurt taking a profit. Profit is money you didn't have before, and now you have it. So take it off the table and enjoy it. You can stay in the shark pool if you want, but do so at your own peril. It looks like the correction is indeed very close -- no one has infinite money to keep pushing the price to infinity, so a correction is going to happen. If you're patient and smart, you might be able to buy back your bitcoins in the $30s or $40s in another 7-14 days.... or at least in the 50s

In summary, for him to be right (with an original post date at March 25th), bitcoin price needs to be below $60 no later than April 8th. If price enters $30-40 in the same timeframe, he gets top marks

He throws in a lot of mights, maybes, its possible, and even a caveat after the text I quoted above but theres no way to argue against the fact that he made a recommendation based on his TA and the quoted text is it

So let's see if he's right or wrong April 8th. In the meantime we can continue the debate.


Oops... Smiley

OP left himself some wiggle room just in case he was wrong, which quite clearly he is.
hero member
Activity: 798
Merit: 1000
I just re-read the OP's post and rather than just say he's wrong outright let's use his own recommendations and timeline to ascertain conclusively whether he is right or wrong

To be fair to the OP, here's his conclusion

Quote
... but this time I'm going to go out on a limb and make you a clear-cut suggestion: sell. I'm selling. We've all made a lot of money, and no one has ever been hurt taking a profit. Profit is money you didn't have before, and now you have it. So take it off the table and enjoy it. You can stay in the shark pool if you want, but do so at your own peril. It looks like the correction is indeed very close -- no one has infinite money to keep pushing the price to infinity, so a correction is going to happen. If you're patient and smart, you might be able to buy back your bitcoins in the $30s or $40s in another 7-14 days.... or at least in the 50s

In summary, for him to be right (with an original post date at March 25th), bitcoin price needs to be below $60 no later than April 8th. If price enters $30-40 in the same timeframe, he gets top marks

He throws in a lot of mights, maybes, its possible, and even a caveat after the text I quoted above but theres no way to argue against the fact that he made a recommendation based on his TA and the quoted text is it

So let's see if he's right or wrong April 8th. In the meantime we can continue the debate.


Oops... Smiley
full member
Activity: 350
Merit: 100
Bears got fed, bulls got fed. Pigs got slaughtered.


+1

When it comes to Bitcoin there are two kinds of pigs:  Bearpigs and bullpigs.  Both kinds get slaughterd.



MANBEARPIG!?
donator
Activity: 980
Merit: 1000
I love it when these line drawers start drawing lines in all directions and then they just pick one.

Tough luck tho.
legendary
Activity: 2492
Merit: 1491
LEALANA Bitcoin Grim Reaper
Bears got fed, bulls got fed. Pigs got slaughtered.


+1

When it comes to Bitcoin there are two kinds of pigs:  Bearpigs and bullpigs.  Both kinds get slaughterd.

Depending upon if we are in a bear market or bull market.


Of course but after  each bear market comes a bull market and after each bull market comes a bear market so both kind of pigs get slaughterd.

Duh so depending upon what time frame we are using we are still in a bull market...have been since inception. IN THE BIGGER PICTURE.
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