I feel like a crash is on the way, prior to another surge.
I say this because of the sharp decline once the market hit $266. It's happening again.
Topic: Capitulation = rise in price (Read 1293 times)
I say this because of the sharp decline once the market hit $266. It's happening again.
nah no crash in the horizons.. BUY!
I feel like a crash is on the way, prior to another surge.
tl;dr It's a financial buzzword.
Do you agree with this? I'm a bit iffy on that OP.. difficulty has a huge play in this, plus foreign markets.
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No. I see what OP is saying.. and trying to say.. but if you look back at his post history.. he's been predicting single digits.. btc/usd $0.. imminent crashes.. you name it.
In short he is uber-bear and wants you to know about it.
He's also been wrong on everything i've read..(can't say i've read ALL of his posts)
So.. Warsoraj predicting doom = I take this as yet another bullish sign for bitcoin.
Do you agree with this? I'm a bit iffy on that OP.. difficulty has a huge play in this, plus foreign markets.
[/quote]
No. I see what OP is saying.. and trying to say.. but if you look back at his post history.. he's been predicting single digits.. btc/usd $0.. imminent crashes.. you name it.
In short he is uber-bear and wants you to know about it.
He's also been wrong on everything i've read..(can't say i've read ALL of his posts)
So.. Warsoraj predicting doom = I take this as yet another bullish sign for bitcoin.
Think about it.
Yeah, there are two sides to every trade.
Awaiting the day Walsoraj speaks some truth. He's been wrong almost as often as that Electricmucus fella
He's right in the OP.
People are panic selling dollars, and doubly so for Gox dollars.
Awaiting the day Walsoraj speaks some truth. He's been wrong almost as often as that Electricmucus fella
To clarify with other members, because ever since the SR shut down (possibly before), I've seen a huge rise in the use of financial terminology, when I know the majority of this forum are just bitcoin enthusiasts who trade minimal amounts.. and are not experts (myself included):
Capitulation: When investors give up any previous gains in stock price by selling equities in an effort to get out of the market and into less risky investments. True capitulation involves extremely high volume and sharp declines. It usually is indicated by panic selling. Source.
tl;dr It's a financial buzzword.
Do you agree with this? I'm a bit iffy on that OP.. difficulty has a huge play in this, plus foreign markets.
Capitulation: When investors give up any previous gains in stock price by selling equities in an effort to get out of the market and into less risky investments. True capitulation involves extremely high volume and sharp declines. It usually is indicated by panic selling. Source.
tl;dr It's a financial buzzword.
Do you agree with this? I'm a bit iffy on that OP.. difficulty has a huge play in this, plus foreign markets.
Think about it.
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