Dead Cat Bounce | Bitcointalksearch.org

Zenixin

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Quote from: Rudsild on March 01, 2016, 04:06:22 AM

Quote from: Fanpant on February 25, 2016, 02:04:17 PM

Quote from: Amph on January 23, 2016, 01:34:56 PM

too short term, but i believe that the range 400-500 will require some time before it can be broken, probably even up to the beginning of spring

on the other hand i'm fairly certain that this year be very near if will not surpass the last ath, i expect at least 700

If the price consolidates here for the next few months and the whales collect enough coin, $1200 by year end is not a problem.

If we want the price to rise quickly and a lot. Then we need whales to pump the price. They need to accumulate first.

But the big whales will not waste their money. If they think there is no future in bitcoin, they will not accumulate it.

Rudsild

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Quote from: Fanpant on February 25, 2016, 02:04:17 PM

Quote from: Amph on January 23, 2016, 01:34:56 PM

too short term, but i believe that the range 400-500 will require some time before it can be broken, probably even up to the beginning of spring

on the other hand i'm fairly certain that this year be very near if will not surpass the last ath, i expect at least 700

If the price consolidates here for the next few months and the whales collect enough coin, $1200 by year end is not a problem.

If we want the price to rise quickly and a lot. Then we need whales to pump the price. They need to accumulate first.

Fanpant

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Quote from: Amph on January 23, 2016, 01:34:56 PM

too short term, but i believe that the range 400-500 will require some time before it can be broken, probably even up to the beginning of spring

on the other hand i'm fairly certain that this year be very near if will not surpass the last ath, i expect at least 700

If the price consolidates here for the next few months and the whales collect enough coin, $1200 by year end is not a problem.

Rudsild

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Quote from: gkv9 on January 23, 2016, 02:02:04 PM

It's definitely going to touch $600 in the next 30 days based on all the dramas getting created here on forum and in the markets...
Charts are showing a completely different picture and if they show what I am seeing, we are definitely going "to da moon"... Wink

Not interested in such talks, but definitely some rockets will be getting seen soon...

I do not think it will touch $600 in the next 30 days. If the Core agree with 2MB block size in the next weeks, it is possible.

gkv9

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!!! RiSe aBovE ThE StoRm !!!

Quote from: tokeweed on January 23, 2016, 11:40:21 AM

Quote from: Amph on January 23, 2016, 08:45:09 AM

Quote from: MatTheCat on January 23, 2016, 08:00:46 AM

Quote from: tokeweed on January 23, 2016, 05:06:08 AM

Amph is an optimist... Nothing wrong with that. In fact, it should be encouraged. Wink

The Story of Amph, the Optimistic Sheep!

One warm sunny day on the farm, Amph wanted to go for a stroll in the woods to look for some tasty mushrooms. But his friend, Peter the Pessimistic Pig said;
"No, You can't go there Amph. It is dangerous! There are wolves in the woods".
But Amph replied;
"Yes Peter, but the wolves just feasted on lots of farm animals the other day. They can't possibly have any appetite left. Their bellies are so full, that they probably can't even move! I am off to get myself some tasty mushrooms. You will be crying when you miss out!"

So off Amph went, into the woods......etc etc etc.

lamo, but it's true that bitcoin has more chances to grow then falling, so one must be optimist here

unless you born as a bear and want to short hell out of the market, and thus not caring at all about the future value

Where do you think bitcoin's price be in 30 days?

It's definitely going to touch $600 in the next 30 days based on all the dramas getting created here on forum and in the markets...
Charts are showing a completely different picture and if they show what I am seeing, we are definitely going "to da moon"... Wink

Not interested in such talks, but definitely some rockets will be getting seen soon...

Amph

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Quote from: tokeweed on January 23, 2016, 11:40:21 AM

Quote from: Amph on January 23, 2016, 08:45:09 AM

Quote from: MatTheCat on January 23, 2016, 08:00:46 AM

Quote from: tokeweed on January 23, 2016, 05:06:08 AM

Amph is an optimist... Nothing wrong with that. In fact, it should be encouraged. Wink

The Story of Amph, the Optimistic Sheep!

One warm sunny day on the farm, Amph wanted to go for a stroll in the woods to look for some tasty mushrooms. But his friend, Peter the Pessimistic Pig said;
"No, You can't go there Amph. It is dangerous! There are wolves in the woods".
But Amph replied;
"Yes Peter, but the wolves just feasted on lots of farm animals the other day. They can't possibly have any appetite left. Their bellies are so full, that they probably can't even move! I am off to get myself some tasty mushrooms. You will be crying when you miss out!"

So off Amph went, into the woods......etc etc etc.

lamo, but it's true that bitcoin has more chances to grow then falling, so one must be optimist here

unless you born as a bear and want to short hell out of the market, and thus not caring at all about the future value

Where do you think bitcoin's price be in 30 days?

too short term, but i believe that the range 400-500 will require some time before it can be broken, probably even up to the beginning of spring

on the other hand i'm fairly certain that this year be very near if will not surpass the last ath, i expect at least 700

tokeweed

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Quote from: Amph on January 23, 2016, 08:45:09 AM

Quote from: MatTheCat on January 23, 2016, 08:00:46 AM

Quote from: tokeweed on January 23, 2016, 05:06:08 AM

Amph is an optimist... Nothing wrong with that. In fact, it should be encouraged. Wink

The Story of Amph, the Optimistic Sheep!

One warm sunny day on the farm, Amph wanted to go for a stroll in the woods to look for some tasty mushrooms. But his friend, Peter the Pessimistic Pig said;
"No, You can't go there Amph. It is dangerous! There are wolves in the woods".
But Amph replied;
"Yes Peter, but the wolves just feasted on lots of farm animals the other day. They can't possibly have any appetite left. Their bellies are so full, that they probably can't even move! I am off to get myself some tasty mushrooms. You will be crying when you miss out!"

So off Amph went, into the woods......etc etc etc.

lamo, but it's true that bitcoin has more chances to grow then falling, so one must be optimist here

unless you born as a bear and want to short hell out of the market, and thus not caring at all about the future value

Where do you think bitcoin's price be in 30 days?

Amph

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Quote from: MatTheCat on January 23, 2016, 08:00:46 AM

Quote from: tokeweed on January 23, 2016, 05:06:08 AM

Amph is an optimist... Nothing wrong with that. In fact, it should be encouraged. Wink

The Story of Amph, the Optimistic Sheep!

One warm sunny day on the farm, Amph wanted to go for a stroll in the woods to look for some tasty mushrooms. But his friend, Peter the Pessimistic Pig said;
"No, You can't go there Amph. It is dangerous! There are wolves in the woods".
But Amph replied;
"Yes Peter, but the wolves just feasted on lots of farm animals the other day. They can't possibly have any appetite left. Their bellies are so full, that they probably can't even move! I am off to get myself some tasty mushrooms. You will be crying when you miss out!"

So off Amph went, into the woods......etc etc etc.

lamo, but it's true that bitcoin has more chances to grow than falling, so one must be optimist here

unless you born as a bear and want to short hell out of the market, and thus not caring at all about the future value

Boelens

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Quote from: ?? on ??

Quote from: Rudsild on January 23, 2016, 06:41:42 AM

Quote from: Jet Cash on January 23, 2016, 03:19:01 AM

Remember that cats have nine lives. I don't think Bitcoin has even used it first life despite its involvement with drugs.

Bitcoin has more lives than cat. It has been declared dead 90 times, but it comes back to life every time.

It's because bitcoin has been declared dead 90 times, not bitcoin has been dead 9 times.
Bitcoin network never offline since genenis block mined, so bitcoin never & won't be dead.

I don't think the network being offline or online decides whether it's dead or not (well, it does, but it isn't a factor right now). It is entirely based on support from the community, from people. If nobody backs it it would have no value and be dead.

Astargath

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Quote from: tokeweed on January 23, 2016, 05:06:08 AM

Amph is an optimist... Nothing wrong with that. In fact, it should be encouraged. Wink

99% of people in this forum are optimistic about the bitcoin price but it doesn't really help otherwise the price would be 100k already. I don't believe anyone can predict bitcoin's price at the moment unless it stabilizes more.

MatTheCat

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Quote from: tokeweed on January 23, 2016, 05:06:08 AM

Amph is an optimist... Nothing wrong with that. In fact, it should be encouraged. Wink

The Story of Amph, the Optimistic Sheep!

One warm sunny day on the farm, Amph wanted to go for a stroll in the woods to look for some tasty mushrooms. But his friend, Peter the Pessimistic Pig said;
"No, You can't go there Amph. It is dangerous! There are wolves in the woods".
But Amph replied;
"Yes Peter, but the wolves just feasted on lots of farm animals the other day. They can't possibly have any appetite left. Their bellies are so full, that they probably can't even move! I am off to get myself some tasty mushrooms. You will be crying when you miss out!"

So off Amph went, into the woods......etc etc etc.

MatTheCat

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Quote from: Amph on January 23, 2016, 06:46:40 AM

Quote from: MatTheCat on January 23, 2016, 03:20:12 AM

Man oh Man!

Amph, the gift that keeps on giving:

Quote from: Amph on January 23, 2016, 02:46:32 AM

i was right it's returning again at 400, it was a trap like the last one, you see there is no sub 350 anymor,e keep waiting forever for it, while we approach a major value increase 500>

LOL!

don't be fooled by the last dump, dump happen much easy than pump, they cna happen for worthless shit, and be worth nothing for the future TA of the chart

i'm not even looking at the past anymore, i look at the future to judge the possible outcome of the value

Actually...if you look at the charts, the pumps happened much more easily than the dumps. Under what market conditions, are these characteristics normally to be found?

Amph

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Quote from: MatTheCat on January 23, 2016, 03:20:12 AM

Man oh Man!

Amph, the gift that keeps on giving:

Quote from: Amph on January 23, 2016, 02:46:32 AM

i was right it's returning again at 400, it was a trap like the last one, you see there is no sub 350 anymor,e keep waiting forever for it, while we approach a major value increase 500>

LOL!

don't be fooled by the last dump, dump happen much easy than pump, they can happen for worthless shit, and be worth nothing for the future TA of the chart

i'm not even looking at the past anymore, i look at the future to judge the possible outcome of the value

Rudsild

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Quote from: Jet Cash on January 23, 2016, 03:19:01 AM

Remember that cats have nine lives. I don't think Bitcoin has even used it first life despite its involvement with drugs.

Bitcoin has more lives than cat. It has been declared dead 90 times, but it comes back to life every time.

ronald98

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The price was pumped when the stock market was crashing. Since the EU bank decided to throw some money at the problem the stock market recovered and Bitcoin started crashing. I'm not sure what will happen next, but I doubt there will be any giant Bitcoin pumps now the stock market is recovering.

SuperCoinGuy

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Quote from: 1Referee on January 23, 2016, 05:09:32 AM

Quote from: tokeweed on January 22, 2016, 05:34:02 AM

Quote from: 1Referee on January 22, 2016, 05:10:24 AM

It was an expected drop as the support around the $400 price level was too weak to hold. I think we'll sit around $380-$420 for at least a week or two.

Then what? Continue to slide down or do the Chinese pumpers come back?

It will bounce up again. I am quite sure the pump that people are waiting for will start within 2 months. The big boys have had enough time to accumulate plenty of coins already. It's due for a massive pump.

The price is pretty much unstable to warrant big buying tendencies any time soon. And if they have enough coins stored already there is no need to pump anything and risking losing money in the process.

1Referee

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Quote from: tokeweed on January 22, 2016, 05:34:02 AM

Quote from: 1Referee on January 22, 2016, 05:10:24 AM

It was an expected drop as the support around the $400 price level was too weak to hold. I think we'll sit around $380-$420 for at least a week or two.

Then what? Continue to slide down or do the Chinese pumpers come back?

It will bounce up again. I am quite sure the pump that people are waiting for will start within 2 months. The big boys have had enough time to accumulate plenty of coins already. It's due for a massive pump.

tokeweed

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Amph is an optimist... Nothing wrong with that. In fact, it should be encouraged. Wink

MatTheCat

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Man oh Man!

Amph, the gift that keeps on giving:

Quote from: Amph on January 23, 2016, 02:46:32 AM

i was right it's returning again at 400, it was a trap like the last one, you see there is no sub 350 anymor,e keep waiting forever for it, while we approach a major value increase 500>

LOL!

Jet Cash

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https://JetCash.com

Remember that cats have nine lives. I don't think Bitcoin has even used it first life despite its involvement with drugs.

Amph

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i was right it's returning again at 400, it was a trap like the last one, you see there is no sub 350 anymore, keep waiting forever for it, while we approach a major value increase 500>

Rescue Squad

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Quote from: gkv9 on January 22, 2016, 01:25:11 PM

Dead, or do you mean to say that either Bitcoins are gonna die or something's gonna kill it, right???

This doesn't look like it, as it is just panic selling by whales just to buy coins for cheaper, maybe because they are preparing for some big pumps that we are going to witness soon...

Or the mice are just leaving the sinking ship panic selling this time for good?

manis

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Quote from: coinzat on January 22, 2016, 01:38:00 PM

the chart looks like that dead cat bounce but I do not think it is the end or the price will fall to zero.
if you looked at the price chart you will see that you can not apply stock market analysis on bitcoin, it has its own way in movement

Technical analysis is just based on people's attitude towards buying and selling.
The market size and depth of Bitcoin may be different, but the underlying emotions which drive people to buy and sell are the same.

tokeweed

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Quote from: gkv9 on January 22, 2016, 01:25:11 PM

Dead, or do you mean to say that either Bitcoins are gonna die or something's gonna kill it, right???

This doesn't look like it, as it is just panic selling by whales just to buy coins for cheaper, maybe because they are preparing for some big pumps that we are going to witness soon...

Huh? No. It's just a technical term like heads and shoulders, triple top, etc..

The Sceptical Chymist

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Can't tell, but this is bitcoin after all. Price swings can make your teeth curl and induce vomiting. We'll see what the price does, if anything, over the weekend.

tokeweed

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Quote from: RodeoX on January 22, 2016, 10:00:27 AM

Your definition forgot to mention that the cat must die. Stocks die when underfunded, bitcoin does not. If you want to determine if this is a dead cat bounce then you are going to have to wait until bitcoin is dead, as it can only be defined in retrospect.

P.s. I have not tested this, but I assume that live cats also bounce.

Not necessarily. By dead it means only the current trend is over. It's a trading term.

MatTheCat

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Quote from: Denker on January 22, 2016, 01:34:09 PM

Quote from: MatTheCat on January 22, 2016, 07:08:16 AM

This market really is fucking ridiculous.

Last week, Bitcoin was trading at $352, but by the end of the day, it was trading at $390.

4 days later, or 2 days ago, Bitcoin was trading at $428.

Today, it is trading back at $390.

....

Well that's our good old rolloercoaster I would say. Cheesy

Would have been nice to stay above the 400 but as it was already mentioned there wasn't much support as it slowly started to decline constantly after the $428 top.

Indeed.

And how many momentum chasers who bought $400+ Bitcoin, do you think are sitting bagholding BTC right now, anxious on an opportunity to get the fuck out?

Going by the strong break out volume and the weak correction volume that has brought Bitcoin down to well beneath the break out. I would say quite a lot.

coinzat

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Young but I'm not that bold

the chart looks like that dead cat bounce but I do not think it is the end or the price will fall to zero.
if you looked at the price chart you will see that you can not apply stock market analysis on bitcoin, it has its own way in movement

Denker

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Quote from: MatTheCat on January 22, 2016, 07:08:16 AM

This market really is fucking ridiculous.

Last week, Bitcoin was trading at $352, but by the end of the day, it was trading at $390.

4 days later, or 2 days ago, Bitcoin was trading at $428.

Today, it is trading back at $390.

....

Well that's our good old rolloercoaster I would say. Cheesy

Would have been nice to stay above the 400 but as it was already mentioned there wasn't much support as it slowly started to decline constantly after the $428 top.

gkv9

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!!! RiSe aBovE ThE StoRm !!!

Dead, or do you mean to say that either Bitcoins are gonna die or something's gonna kill it, right???

This doesn't look like it, as it is just panic selling by whales just to buy coins for cheaper, maybe because they are preparing for some big pumps that we are going to witness soon...

Astargath

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If you look at the charts without any context, it definitely looks like a dead cat bounce however if you know what happened in the bitcoin community you will realize that the dump was stupid to begin with and bitcoin was on the uptrend the last year

spazzdla

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Quote from: cooldgamer on January 22, 2016, 02:12:50 AM

It appears to be one. I think we'll be correcting somewhere around 385 after the big fall from the other day. It's still an increase from where we started after the early November crash, but we started to get too ahead of ourselves and the Hearn news was the straw that made the correction start

He is implying we are going to like $20 a Bitcoin.

Ya, no.

MatTheCat

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Quote from: g-unit on January 22, 2016, 09:56:33 AM

Quote from: Amph on January 22, 2016, 03:43:28 AM

we can not really talk about dead cat bounce after a fake dump driven by a statement and some coins dumped because of thief

as i see it this is a double correction of the price waiting for stabilize again at a precise value

What thief dumping coins? Coins stolen from cryptsy?

Yeah...coins stolen from Crypsy fucking ages ago, but the announcement from Cryptsy that this was the case is recent news.

Maybe the theif has cashed them out, maybe he hasn't. Maybe he has cashed some of them out, maybe he has cashed all of them out.

Amph

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Quote from: g-unit on January 22, 2016, 09:56:33 AM

Quote from: Amph on January 22, 2016, 03:43:28 AM

we can not really talk about dead cat bounce after a fake dump driven by a statement and some coins dumped because of thief

as i see it this is a double correction of the price waiting for stabilize again at a precise value

What thief dumping coins? Coins stolen from cryptsy?

yeah presumably, but it seems that he did not dumped anything, because they have retrieved those coins, and the thief was caught? i did not follow the whole drama

RodeoX

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Your definition forgot to mention that the cat must die. Stocks die when underfunded, bitcoin does not. If you want to determine if this is a dead cat bounce then you are going to have to wait until bitcoin is dead, as it can only be defined in retrospect.

P.s. I have not tested this, but I assume that live cats also bounce.

g-unit

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Quote from: Amph on January 22, 2016, 03:43:28 AM

we can not really talk about dead cat bounce after a fake dump driven by a statement and some coins dumped because of thief

as i see it this is a double correction of the price waiting for stabilize again at a precise value

What thief dumping coins? Coins stolen from cryptsy?

MatTheCat

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Quote from: bitlancr on January 22, 2016, 09:28:11 AM

Seems like it is a dead cat bounce. It also looks like bitcoin has been going back down under $400 these last couple of hours.
I was hoping for bitcoin to stay up there until the end of the month. But who knows what will happen. For now it seems like $400 is too weak to support bitcoin.

But the dead cat can bounce many times.....just wait on the FU move up to $435.......Wipe out all the shorts before coming back down. Mr Bitcoin doesn't like the public getting in on his manipulations.

bitlancr

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Seems like it is a dead cat bounce. It also looks like bitcoin has been going back down under $400 these last couple of hours.
I was hoping for bitcoin to stay up there until the end of the month. But who knows what will happen. For now it seems like $400 is too weak to support bitcoin.

tokeweed

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Quote from: MatTheCat on January 22, 2016, 07:08:16 AM

This market really is fucking ridiculous.

Last week, Bitcoin was trading at $352, but by the end of the day, it was trading at $390.

4 days later, or 2 days ago, Bitcoin was trading at $428.

Today, it is trading back at $390.

V tops and V bottoms. Looks to me, that this whipsaw, was no more than a violent reaction against the prevaling trend which had over stretched itself.

Would be fucking loving this if I was able to get any good trades away, and whilst I know of folks who are trading well in both directions, I imagine the volatility and lack of retests is proving a little too nippy for the majority. I imagine the majority here are getting wiped out left right n centre here.

What about all those momentum chasers on the break of $390?

They cashed out yet?

NO!

Cheesy

So... Did you vote yes or no? Cheesy

MatTheCat

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This market really is fucking ridiculous.

Last week, Bitcoin was trading at $352, but by the end of the day, it was trading at $390.

4 days later, or 2 days ago, Bitcoin was trading at $428.

Today, it is trading back at $390.

V tops and V bottoms. Looks to me, that this whipsaw, was no more than a violent reaction against the prevaling trend which had over stretched itself.

Would be fucking loving this if I was able to get any good trades away, and whilst I know of folks who are trading well in both directions, I imagine the volatility and lack of retests is proving a little too nippy for the majority. I imagine the majority here are getting wiped out left right n centre here.

What about all those momentum chasers on the break of $390?

They cashed out yet?

NO!

Cheesy

tokeweed

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Quote from: 1Referee on January 22, 2016, 05:10:24 AM

It was an expected drop as the support around the $400 price level was too weak to hold. I think we'll sit around $380-$420 for at least a week or two.

Then what? Continue to slide down or do the Chinese pumpers come back?

1Referee

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It was an expected drop as the support around the $400 price level was too weak to hold. I think we'll sit around $380-$420 for at least a week or two.

MatTheCat

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Quote from: Amph on January 22, 2016, 03:43:28 AM

we can not really talk about dead cat bounce after a fake dump driven by a statement and some coins dumped because of thief

as i see it this is a double correction of the price waiting for stabilize again at a precise value

And oh
how you lied and oh how I cried

All through the night
all through the night.
Should've known you'd be the same I guess
I'm the one to blame

Will it ever change
nothing ever changes.

The record keeps spinning
baby
round and round
. .
It's like a broken record
broken record
broken record
broken record

Broken record
broken record
broken record
broken record.

Enjoy:

https://www.youtube.com/watch?v=jMItyQIFp58

oblomov

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BTC was due for a significant correction. Corrections typically go deeper than fair value.

That said, the Hearn-driven selloff was a bit of an over-reaction.

Some of the selloff in BTC was due to timing. It came in the midst of a global flight from risky assets, including risk-on currencies such as AUD, CAD, and NZD.

Although BTC sometime acts as a safe haven, it is at times correlated with other asset classes. At this point, BTC has a positive correlation with risk assets.

Based on what I'm watching, the bounce in the risk-on currencies could be a dead cat bounce. If not, then BTC should rally along with them.

Amph

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we can not really talk about dead cat bounce after a fake dump driven by a statement and some coins dumped because of thief

as i see it this is a double correction of the price waiting for stabilize again at a precise value

NorrisK

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The pump to 410 was just a bit too big and I expect it to be nothing more than a correction for that.

The ascend will start again and we may end January above 400 nonetheless.

cooldgamer

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We are the champions of the night

It appears to be one. I think we'll be correcting somewhere around 385 after the big fall from the other day. It's still an increase from where we started after the early November crash, but we started to get too ahead of ourselves and the Hearn news was the straw that made the correction start

suda123

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Quote from: tokeweed on January 22, 2016, 01:17:20 AM

In finance, a dead cat bounce is a small, brief recovery in the price of a declining stock/commodity/currency. Derived from the idea that "even a dead cat will bounce if it falls from a great height", the phrase, which originated on Wall Street, is also popularly applied to any case where a subject experiences a brief resurgence during or following a severe decline.

https://en.m.wikipedia.org/wiki/Dead_cat_bounce

looks like it

tokeweed

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In finance, a dead cat bounce is a small, brief recovery in the price of a declining stock/commodity/currency. Derived from the idea that "even a dead cat will bounce if it falls from a great height", the phrase, which originated on Wall Street, is also popularly applied to any case where a subject experiences a brief resurgence during or following a severe decline.

https://en.m.wikipedia.org/wiki/Dead_cat_bounce

Topic: Dead Cat Bounce (Read 3028 times)