Author

Topic: Capitulation in progress (Read 1620 times)

legendary
Activity: 1316
Merit: 1005
February 15, 2012, 11:34:50 PM
#16
Quote
Re: Capitulation in progress

I think we just entered panic mode and are heading to capitulation once 3$ are passed. My worst bearish scenario: 2.50$ in 1 month and then up (although I should multiply the time factor with bitcoinica nowadays, wich equates to 1 week until we hit the bottom) [dont nail me down on it Wink]

3 steps forward, 2 steps back.

Still waiting for that $3-4 range (crossing fingers for a dip with a $2 handle) to light up the real panic.
legendary
Activity: 1022
Merit: 1000
February 15, 2012, 11:04:57 PM
#15
Quote
Re: Capitulation in progress

I think we just entered panic mode and are heading to capitulation once 3$ are passed. My worst bearish scenario: 2.50$ in 1 month and then up (although I should multiply the time factor with bitcoinica nowadays, wich equates to 1 week until we hit the bottom) [dont nail me down on it Wink]
legendary
Activity: 1022
Merit: 1001
February 15, 2012, 10:55:45 PM
#14

... Only this time with (hopefully) full Dollar reserves at bitcoinica to drive the price to the moon before crashing into the sun next turn around.

 Grin
legendary
Activity: 1512
Merit: 1000
February 15, 2012, 10:29:08 PM
#13
I am loving it, no manipulators to bail any of you suckers out. Who ever was stupid enough not to sell their bitcoins deserves the huge losses they will be taking.

A) Would those be the same idiots who followed your advice to buy in at 6$
B) They're only losses if you sell.
C) Shut up already, your "intuition" sucks.

legendary
Activity: 1022
Merit: 1000
February 15, 2012, 10:24:27 PM
#12
Then all this repeats all over again. Nobody said this shit was gonna be easy. 

... Only this time with (hopefully) full Dollar reserves at bitcoinica to drive the price to the moon before crashing into the sun next turn around.
legendary
Activity: 1652
Merit: 1128
February 15, 2012, 10:05:46 PM
#11
Not short, but I did sell @ a little above 5.  Rebought at 4.40, sold again at 4.70. I had bids at 3.50, but put them even lower, I'm out for now.

Hopefully the long term trends hold and it doesn't quite reach 2.50.  Then all this repeats all over again. Nobody said this shit was gonna be easy. 
hero member
Activity: 699
Merit: 500
Your Minion
February 15, 2012, 07:41:47 PM
#10
legendary
Activity: 1022
Merit: 1001
February 15, 2012, 07:41:23 PM
#9
$4 $3.86 the current bid HIGH
hero member
Activity: 518
Merit: 500
February 15, 2012, 07:38:05 PM
#8
https://bitcointalksearch.org/topic/m.740993

I love the disclaimer from a few short days ago, and the line "safe bet in my opinion to buy right now".
legendary
Activity: 1022
Merit: 1001
February 15, 2012, 07:34:20 PM
#7
I just hope everyones short...  Roll Eyes
hero member
Activity: 602
Merit: 500
February 15, 2012, 07:28:52 PM
#6
I am loving it, no manipulators to bail any of you suckers out. Who ever was stupid enough not to sell their bitcoins deserves the huge losses they will be taking.
hero member
Activity: 699
Merit: 500
Your Minion
February 15, 2012, 07:28:04 PM
#5
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
February 15, 2012, 07:24:51 PM
#4
I killed Bitcoin with my last transaction Undecided


huh?
hero member
Activity: 607
Merit: 500
February 15, 2012, 07:24:02 PM
#3
Panic!  Shocked
hero member
Activity: 699
Merit: 500
Your Minion
February 15, 2012, 07:18:18 PM
#2
I killed Bitcoin with my last transaction Undecided

legendary
Activity: 1022
Merit: 1001
February 15, 2012, 07:14:51 PM
#1
$4 the new high

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