Bye Bye to sub-$200 cheap coins - page 2.

BlindMayorBitcorn

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Quote from: toknormal on January 16, 2015, 07:52:24 PM

Here's another belter...

Someone (a guy called "questionAuthority") is trying to sell notLambChop the idea that Andreas Antonopolis is a person of supreme integrity and that "people love him" because "he sells a constant positive image of Bitcoin".

NotLambChop replies...

I missed that one Cheesy

BlindMayorBitcorn

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Activity: 1260

Merit: 1116

Quote from: toknormal on January 16, 2015, 07:33:28 PM

Quote from: ronald98 on January 16, 2015, 01:25:53 PM

It's frightening seeing the price (and your investment) plummet in value, but it's just as frightening selling it and watching bitcoin's price soar in value. I hate having to buy back at a loss. If we suddenly soar this wekend there will be bears buying back at a big loss.

My sentiments exactly ! Well put.

Although having just read some of NotLambchop's posting history which has completely blown me away, I think I now feel the need to balance up with one of his gems....

It's a veritable richness - the most consistently adversarial posting history I've ever seen while witty and articulate to boot...

https://bitcointalksearch.org/user/notlambchop-263109

NotLambChop needs an illustrator to bring this stuff fully to life. It could be the "Charlie Hebdo" of crypto !....possible crypto IPO - can't loose.

LOL. Awesome Cool

rm1023

newbie

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Quote from: g-unit on January 16, 2015, 03:34:24 PM

Exactly. Keep buying to mitigate your losses and lower your break even number. Much smarter than selling like some of these other dipshits.

Agreed

flipstyle

sr. member

Activity: 406

Merit: 250

> implying $50, 48 hour dead cat bounce translates to bull reversal of 7 month, $1000 crash

Buy, buy, BUY!!

Q7

sr. member

Activity: 448

Merit: 250

While I try to think it is over and put on high hopes that the price will rise again, I'll still continue to put cautious on what's to come next. Currently it's still hovering at 207 and another coordinated attack will easily bring it down back to sub 200 level.

toknormal

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Activity: 3066

Merit: 1188

Here's another belter...

Someone (a guy called "questionAuthority") is trying to sell notLambChop the idea that Andreas Antonopolis is a person of supreme integrity and that "people love him" because "he sells a constant positive image of Bitcoin".

NotLambChop replies...

Edward50

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Activity: 602

Merit: 500

I can't say $200 won't be breached, you guys are so quickly jumping to conclusions.

First, as the price gets lower it is going to be harder to reach new lows obviously. This is where most people get on my case because even though I was one of only like 5 people who predicted bitcoin dropping from $30-$2.00, I was saying at the time it would reach $1.00.

So naturally people get on my case for not predicting correct a drop from $2.00 to $1.00, but they overlook the fact that I was the only bear from $30 to $2.00. Go figure.

That being said, I still think $200 is too high for bitcoin when adaption and interest is falling.

The price looks to be doing its typical wait before dropping further. It isn't really gaining anymore, volume is quickly dropping. Even on BTCE volume is really drying up. Signs point for another drop. You see, the fundamentals are still there that don't support $200 dollar bitcoins.

I think we are heading for $100-$150 and it will hold that position for a while.

Mostly everything said in this post is what people have said at every price level on the way down.

toknormal

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Quote from: ronald98 on January 16, 2015, 01:25:53 PM

It's frightening seeing the price (and your investment) plummet in value, but it's just as frightening selling it and watching bitcoin's price soar in value. I hate having to buy back at a loss. If we suddenly soar this wekend there will be bears buying back at a big loss.

My sentiments exactly ! Well put.

Although having just read some of NotLambchop's posting history which has completely blown me away, I think I now feel the need to balance up with one of his gems....

It's a veritable richness - the most consistently adversarial posting history I've ever seen while witty and articulate to boot...

https://bitcointalksearch.org/user/notlambchop-263109

NotLambChop needs an illustrator to bring this stuff fully to life. It could be the "Charlie Hebdo" of crypto !....possible crypto IPO - can't loose.

knight22

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Activity: 1372

Merit: 1000

--------------->¿?

Quote from: indiemax on January 16, 2015, 04:17:11 PM

what good news says this is the bottom?

from what I see nothing has fundamentally changed apart from more peeps have been selling expecting lower prices

mining, price and the difficulty will show the way soon Grin

Food for thoughts

https://bitcointalksearch.org/topic/does-it-reminds-you-something-926458

ivyleague1985

newbie

Activity: 56

Merit: 0

Quote from: ?? on ??

Quote from: ivyleague1985 on January 16, 2015, 04:02:43 PM

Quote from: ?? on ??

Quote from: DeadCoin on January 16, 2015, 03:40:58 PM

Bulls keep lowering their standards Roll Eyes

https://bitcointalksearch.org/topic/m.3635585

Indeed, ivyleague1985, what if you say "Bye Bye to sub-$20 cheap coins" later?

Suggesting a bottom at $800, 700, 600, 500, 400, 300 is an evil.

But when a bottom is formed in $16x and the level of $200 holds after two bear attacks, it is REASONABLE to call a bottom and suggest a buy.

In comparison, suggesting people to short at $800, 700, 600, 500, 400, 300 is wise.

But suggesting people to short from $160-200 to $0 is evil, greedy and scamming.

Making your font BOLD or in RED won't change the fact.

Did you see how spring works in elementary school? Yes, spring compresses and then resilience makes it JUMP. So is the price.

And don't forget, you pay interests to short. Either the price crashes again in short term, or you will continue to pay for it. While, bulls can be much more patient than you, because they pay nothing to keep the coins. Just one spike, they will catch you.

To shake new buyers out who just bought around 160-200, you need to at least push the price to $150 for stop loss and $100 for another panic sale. Ask yourself, can you achieve that? And how many coins can you borrow to achieve that?

Anyway, good lucks to you, bold font guy.

Quote from: Amph on January 16, 2015, 03:56:53 PM

another stable price then another dump, this will be the third already

350, 280 and 210

Inertia thinking always leads one to believe that history will repeat itself. But the history of bitcoin contains more surprises than repetition.

indiemax

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Activity: 722

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what good news says this is the bottom?

from what I see nothing has fundamentally changed apart from more peeps have been selling expecting lower prices

mining, price and the difficulty will show the way soon Grin

ivyleague1985

newbie

Activity: 56

Merit: 0

Quote from: ?? on ??

Quote from: DeadCoin on January 16, 2015, 03:40:58 PM

Bulls keep lowering their standards Roll Eyes

https://bitcointalksearch.org/topic/m.3635585

Indeed, ivyleague1985, what if you say "Bye Bye to sub-$20 cheap coins" later?

Suggesting a bottom at $800, 700, 600, 500, 400, 300 is an evil.

But when a bottom is formed in $16x and the level of $200 holds after two bear attacks, it is REASONABLE to call a bottom and suggest a buy.

In comparison, suggesting people to short at $800, 700, 600, 500, 400, 300 is wise.

But suggesting people to short from $160-200 to $0 is evil, greedy and scamming.

Making your font BOLD or in RED won't change the fact.

Did you see how spring works in elementary school? Yes, spring compresses and then resilience makes it JUMP. So is the price.

And don't forget, you pay interests to short. Either the price crashes again in short term, or you will continue to pay for it. While, bulls can be much more patient than you, because they pay nothing to keep the coins. Just one spike, they will catch you.

To shake out new buyers who just bought around 160-200, you need to at least push the price to $150 for stop losses and to sub-$100 for another panic sale. Ask yourself, can you achieve that? And how many coins can you borrow to achieve that?

Anyway, good lucks to you, bold font guy.

Coinshot

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Quote from: ivyleague1985 on January 16, 2015, 12:58:44 PM

Bears did three major attacks after the grand crash to $166 (bitfinex).

First tanks the price to $172, second tanks it to $197 and the recent one tanks it to $198.

Strength of the bear attacks are getting weaker and volume of bear attacks is shrinking. In addition, we see higher lows.

We may have to say bye bye to sub-$200 coins. Congrats to those sub-$200 purchases.

Too short time scales. It will keep going below 200.

160 is the mark we should be looking at. If it stays over that for a few weeks, then the bear market is over.

g-unit

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Merit: 250

The difference between a bull and a bear is that a bull doesn't make dumb emotional decisions and rides it out, whereas a bear gets pessimistic and emotional and sells at a loss and then whines.

DeadCoin

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★ Investor | Trader | Promoter

Bulls keep lowering their standards Roll Eyes

https://bitcointalksearch.org/topic/m.3635585

g-unit

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Activity: 432

Merit: 250

Exactly. Keep buying to mitigate your losses and lower your break even number. Much smarter than selling like some of these other dipshits.

Nagle

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Quote from: ivyleague1985 on January 16, 2015, 12:58:44 PM

Bears did three major attacks after the grand crash to $166 (bitfinex).

First tanks the price to $172, second tanks it to $197 and the recent one tanks it to $198.

Strength of the bear attacks are getting weaker and volume of bear attacks is shrinking. In addition, we see higher lows.

We may have to say bye bye to sub-$200 coins. Congrats to those sub-$200 purchases.

It was $300 at the beginning of the month. $270 five days ago. Now we're at $210. The trend is still downward. Dropping all the way to $152 was a momentary crash in the middle of the night, but after the crash, the price was still down $50.

3x2

legendary

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Quote from: NotLambchop on January 16, 2015, 02:17:22 PM

^
No, they can make the smart choice & sell.

and then buy later when its cheaper Tongue

Big Risk, People keep buying.

NotLambchop

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^
No, they can make the smart choice & sell.

Amph

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Quote from: NotLambchop on January 16, 2015, 02:08:20 PM

Quote from: ivyleague1985 on January 16, 2015, 01:32:41 PM

Quote from: ronald98 on January 16, 2015, 01:25:53 PM

It's frightening seeing the price (and your investment) plummet in value, but it's just as frightening selling it and watching bitcoin's price soar in value. I hate having to buy back at a loss. If we suddenly soar this wekend there will be bears buying back at a big loss.

You cannot believe how much people panic sold in the crash. I guess almost all weak hands who bought in 2014 were already shaken out. They must regret to death sooner or later. But that is the sympathetic reality of trading.

Those who listened to bears & sold @$160 have lost $50. Those who listened to bulls and bought @1200 lost $1,000. So ...yeah.

those who bought above current price, have only one choice

keeps buying

Topic: Bye Bye to sub-$200 cheap coins - page 2. (Read 3305 times)