[Daily Speculation Poll] :: The Bitcoin Trap

adamstgBit

legendary

Activity: 1904

Merit: 1037

Trusted Bitcoiner

Quote from: proudhon on January 26, 2012, 08:02:09 AM

Quote from: Vandroiy on January 26, 2012, 05:53:03 AM

Quote from: N12 on January 25, 2012, 11:11:19 PM

It’s even worse, man. Even I’m beginning to see it the same again. I can’t help it. The current situation is awful, even worse than it was 50 cents higher.

I agree.

Anyone, look at the order book and tell me this is not denial. Then look at the recent trading history and try again. We didn't even have a full panic wave yet, I only saw two serious sells total. If indeed a bust is starting, this was just a little glimpse of what's ahead once the denial ends.

This.

That.
Was yesterday Tongue

Oldminer

legendary

Activity: 1022

Merit: 1001

Quote from: proudhon on January 26, 2012, 08:02:09 AM

Quote from: Vandroiy on January 26, 2012, 05:53:03 AM

Quote from: N12 on January 25, 2012, 11:11:19 PM

It’s even worse, man. Even I’m beginning to see it the same again. I can’t help it. The current situation is awful, even worse than it was 50 cents higher.

I agree.

Anyone, look at the order book and tell me this is not denial. Then look at the recent trading history and try again. We didn't even have a full panic wave yet, I only saw two serious sells total. If indeed a bust is starting, this was just a little glimpse of what's ahead once the denial ends.

This.

This +1

proudhon

legendary

Activity: 2198

Merit: 1311

Quote from: Vandroiy on January 26, 2012, 05:53:03 AM

Quote from: N12 on January 25, 2012, 11:11:19 PM

It’s even worse, man. Even I’m beginning to see it the same again. I can’t help it. The current situation is awful, even worse than it was 50 cents higher.

I agree.

Anyone, look at the order book and tell me this is not denial. Then look at the recent trading history and try again. We didn't even have a full panic wave yet, I only saw two serious sells total. If indeed a bust is starting, this was just a little glimpse of what's ahead once the denial ends.

This.

Vandroiy

legendary

Activity: 1036

Merit: 1002

Quote from: N12 on January 25, 2012, 11:11:19 PM

It’s even worse, man. Even I’m beginning to see it the same again. I can’t help it. The current situation is awful, even worse than it was 50 cents higher.

I agree.

Anyone, look at the order book and tell me this is not denial. Then look at the recent trading history and try again. We didn't even have a full panic wave yet, I only saw two serious sells total. If indeed a bust is starting, this was just a little glimpse of what's ahead once the denial ends.

StewartJ

sr. member

Activity: 392

Merit: 250

Quote from: ineededausername on January 25, 2012, 10:58:38 PM

If the past serves as a guide, then we will indeed be experiencing a long, slow correction down below $5 for the next month or so... Look at last March to see what I mean.
But then wave 3 comes Wink

I wanted to comment but my eyes are burning with "Deepbit = Enemy of Bitcoin" (whatever that means).

N12

donator

Activity: 1610

Merit: 1010

Quote from: ineededausername on January 25, 2012, 11:03:04 PM

Quote from: proudhon on January 25, 2012, 07:53:35 PM

Nagle could still be proved right, in the end. We could just be witnessing the fighting last breaths.

Paging cypherdoc to the emergency room! proudhon is relapsing!

It’s even worse, man. Even I’m beginning to see it the same again. I can’t help it. The current situation is awful, even worse than it was 50 cents higher.

notme

legendary

Activity: 1904

Merit: 1002

Quote from: ineededausername on January 25, 2012, 11:03:04 PM

Quote from: proudhon on January 25, 2012, 07:53:35 PM

Nagle could still be proved right, in the end. We could just be witnessing the fighting last breaths.

Paging cypherdoc to the emergency room! proudhon is relapsing!

lol.... quick, let's skip the retrace to 5 and rally now! For Proudhon!

ineededausername

hero member

Activity: 784

Merit: 1000

bitcoin hundred-aire

Quote from: proudhon on January 25, 2012, 07:53:35 PM

Nagle could still be proved right, in the end. We could just be witnessing the fighting last breaths.

Paging cypherdoc to the emergency room! proudhon is relapsing!

ineededausername

hero member

Activity: 784

Merit: 1000

bitcoin hundred-aire

If the past serves as a guide, then we will indeed be experiencing a long, slow correction down below $5 for the next month or so... Look at last March to see what I mean.
But then wave 3 comes Wink

kwukduck

legendary

Activity: 1937

Merit: 1001

Quote from: bittenbob on January 25, 2012, 10:19:26 PM

Quote from: kwukduck on January 25, 2012, 10:17:42 PM

70 cents, here we come

Told you...

LOL what? An expected correction means $0.70?

Do you see that big mountain on the right of the chart? That mountain is going to crumble down in panic any time now. This is no correction man, just a bubble beginning to pop.

sgbett

legendary

Activity: 2576

Merit: 1087

Quote from: RyNinDaCleM on January 25, 2012, 10:19:57 PM

Quote from: bittenbob on January 25, 2012, 10:17:15 PM

Quote from: elux on January 25, 2012, 10:09:15 PM

Quote from: StewartJ on January 25, 2012, 08:22:17 PM

Gosh, trading for whole week at $6.30.

Now we've bumped down to $5.80 for another week of brain-dead sideways movement.

Nuh-uh, not so sure about that. As people will start to realize that their current 6.25 - 7.20 asks are getting increasingly unattainable, the mountain of asks will move lower to overwhelm the bid side. The bottom could well fall out over the next week, if the panic hasn't started already.

All this talk of dropping prices makes me think we are ready for another spike up.

With overwhelming sentiment, comes opposite movement!

Not yet. We're barely out of the 'buy now whilst you still have the chance' phase...

You'll know we are ready for a spike up when you stop thinking it's possible we'll get one Wink

Oldminer

legendary

Activity: 1022

Merit: 1001

Quote from: ineededausername on January 25, 2012, 07:43:46 PM

We're rapidly moving to despair, and it will only get worse this month (and maybe Feb and part of March)

Brace yourselves for $4! Down we go!

+1

RyNinDaCleM

legendary

Activity: 2408

Merit: 1009

Legen -wait for it- dary

Quote from: bittenbob on January 25, 2012, 10:17:15 PM

Quote from: elux on January 25, 2012, 10:09:15 PM

Quote from: StewartJ on January 25, 2012, 08:22:17 PM

Gosh, trading for whole week at $6.30.

Now we've bumped down to $5.80 for another week of brain-dead sideways movement.

Nuh-uh, not so sure about that. As people will start to realize that their current 6.25 - 7.20 asks are getting increasingly unattainable, the mountain of asks will move lower to overwhelm the bid side. The bottom could well fall out over the next week, if the panic hasn't started already.

All this talk of dropping prices makes me think we are ready for another spike up.

With overwhelming sentiment, comes opposite movement!

bittenbob

hero member

Activity: 560

Merit: 500

Quote from: kwukduck on January 25, 2012, 10:17:42 PM

70 cents, here we come

Told you...

LOL what? An expected correction means $0.70?

kwukduck

legendary

Activity: 1937

Merit: 1001

70 cents, here we come

Told you...

bittenbob

hero member

Activity: 560

Merit: 500

Quote from: elux on January 25, 2012, 10:09:15 PM

Quote from: StewartJ on January 25, 2012, 08:22:17 PM

Gosh, trading for whole week at $6.30.

Now we've bumped down to $5.80 for another week of brain-dead sideways movement.

Nuh-uh, not so sure about that. As people will start to realize that their current 6.25 - 7.20 asks are getting increasingly unattainable, the mountain of asks will move lower to overwhelm the bid side. The bottom could well fall out over the next week, if the panic hasn't started already.

All this talk of dropping prices makes me think we are ready for another spike up.

elux

legendary

Activity: 1458

Merit: 1006

Quote from: StewartJ on January 25, 2012, 08:22:17 PM

Gosh, trading for whole week at $6.30.

Now we've bumped down to $5.80 for another week of brain-dead sideways movement.

Nuh-uh, not so sure about that. As people will start to realize that their current 6.25 - 7.20 asks are getting increasingly unattainable, the mountain of asks will move lower to overwhelm the bid side. The bottom could well fall out over the next week, if the panic hasn't started already.

StewartJ

sr. member

Activity: 392

Merit: 250

Gosh, trading for whole week at $6.30.

Now we've bumped down to $5.80 for another week of brain-dead sideways movement.

~~ groan ~~

teflone

hero member

Activity: 770

Merit: 500

You're fat, because you dont have any pics on FB

Quote from: adamstgBit on January 25, 2012, 08:05:45 PM

Quote from: StewartJ on January 25, 2012, 07:14:18 PM

Once-a-week $1 smack-downs, bumping up .50 cents, then week-long sideways movement w/no volume.

Repeat in continuing downward trend. Until positive volume picks up.

now, they know we know. Question is, do they know we know that they know we know! Cool

hilarious!

Cheesy

I spit a bit of chips I was eating on my desk when I read that asshole! Cheesy

hhahaha

StewartJ

sr. member

Activity: 392

Merit: 250

Quote from: adamstgBit on January 25, 2012, 08:05:45 PM

Quote from: StewartJ on January 25, 2012, 07:14:18 PM

Once-a-week $1 smack-downs, bumping up .50 cents, then week-long sideways movement w/no volume.

Repeat in continuing downward trend. Until positive volume picks up.

now, they know we know. Question is, do they know we know that they know we know! Cool

The Smack-Down Goblin knows all.... (hushed silence)

Topic: [Daily Speculation Poll] :: The Bitcoin Trap (Read 2507 times)