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Topic: Dead Cat Bounce ??!! - page 4. (Read 9241 times)

legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
September 16, 2011, 02:33:15 PM
#29
check this out ...

i just sold a coin
i have bad luck syndrome
------------------------------
bitcoin value will sky rocket in the next few min
member
Activity: 112
Merit: 11
Hillariously voracious
September 16, 2011, 02:24:07 PM
#28
oh umm and some filthy man told me as it wont be used for drugs and illegal issues any more it will vanish as in a pyramid scheme!!

is a pyramid scheme something related to Egypt ?

I know little of stock trading, but I can assure you that bitcoin will remain to be used in drug trade irrespective of bitcoin exchange price trends.

"Bitcoin" + "GPS-aided single-use randomized dead drops" = "very reliable and safe way to trade drugs".

Just sayin'

So would be using fiat money +  "GPS-aided single-use randomized dead drops" = "very reliable and safe way to trade drugs". Isn't that how it's done now? All they do now is use secure comms for the locations.

In fact, the strength of bitcoin isn't so much the pseudonymity, but the public ledger.

Vanilla fiat money are harder to transfer via digital means without leaving a fairly fat paper trail, and cash is annoying in the requirement to physically exchange it which can get tricky in a setup like that.

Also, a large sum of fiat money tends to either occupy lots of space or attract unwanted scrutiny when moved around in digital representation.

Generally, bitcoin is very comfy in this regard and as our troll friend correctly points out, makes "dirty hands" type of action  exceedingly hard.
donator
Activity: 1736
Merit: 1014
Let's talk governance, lipstick, and pigs.
September 16, 2011, 07:04:54 AM
#27
Another thing about bitcoin: using references like "stock x" to describe bitcoin trading is a false premise. Bitcoin is more like "commodity x" but even that isn't the best analogy. Bitcoin is something new so while it may have trading patterns similar to stocks, currencies, and commodities, it is none of those. Bitcoin is more like a religion. It is like Scientology and Jediism, it will only grow over time as more and more crazy people begin to believe in it.

It does not matter if bitcoin is compared to stocks or forex or commodities. fact is that the bitcoin prices and bitcoin charts behave just like those. Charting analysis works perfectly well for bitcoins, no matter what they are supposed to be.

And, like many have written in this section, it really depends if the log charts or the normal charts dominate. Our view is that the log charts are more appropriate and on log charts, bitcoins is no cat, no dead cat, but a big bull who is taking his afternoon nap before steaming forward again.


I'm just saying that bitcoin is not a currency, nor a stock because it is decentralized. There are no decentralized stocks on Wall Street nor currencies on Forex. Sure we will see similar patterns, but they are chaos based and will reiterate. I am "bullish" about bitcoin, not because of the patterns, but because the idea is too-big-to-fail. The fractal patterns in bitcoin fluctuations offer great opportunity for trading until folks understand this intrinsic nature of decentralized cryptocurrency.
full member
Activity: 184
Merit: 100
September 16, 2011, 06:54:30 AM
#26
ummm .. I will go for some goat milk man.. i will feed my goat couple of BTCs for it! Cheesy
legendary
Activity: 2100
Merit: 1000
September 16, 2011, 06:51:44 AM
#25
interesting idea: a redbull market. I have one in the fridge and will open it now as I write this :-)
full member
Activity: 184
Merit: 100
September 16, 2011, 06:49:11 AM
#24
OMG!!!   I hardly understood the DEAD CAT BOUNCE! concept and got used to it. And now you sayin something really new and strange!


a what ?? bull? do you man redbull drink or umm?!

because until now the only thing that looks like a bull is the bull horns penetrating the BTC price ass?!?! outch!!

the charts looks a lot like dump and nump, dead goose bounce .. etc.
legendary
Activity: 2100
Merit: 1000
September 16, 2011, 06:43:30 AM
#23
Another thing about bitcoin: using references like "stock x" to describe bitcoin trading is a false premise. Bitcoin is more like "commodity x" but even that isn't the best analogy. Bitcoin is something new so while it may have trading patterns similar to stocks, currencies, and commodities, it is none of those. Bitcoin is more like a religion. It is like Scientology and Jediism, it will only grow over time as more and more crazy people begin to believe in it.

It does not matter if bitcoin is compared to stocks or forex or commodities. fact is that the bitcoin prices and bitcoin charts behave just like those. Charting analysis works perfectly well for bitcoins, no matter what they are supposed to be.

And, like many have written in this section, it really depends if the log charts or the normal charts dominate. Our view is that the log charts are more appropriate and on log charts, bitcoins is no cat, no dead cat, but a big bull who is taking his afternoon nap before steaming forward again.
full member
Activity: 184
Merit: 100
September 16, 2011, 06:42:32 AM
#22
viva zalata!!! FREEDOM!!!
donator
Activity: 1736
Merit: 1014
Let's talk governance, lipstick, and pigs.
September 16, 2011, 06:38:05 AM
#21
Another thing about bitcoin: using references like "stock x" to describe bitcoin trading is a false premise. Bitcoin is more like "commodity x" but even that isn't the best analogy. Bitcoin is something new so while it may have trading patterns similar to stocks, currencies, and commodities, it is none of those. Bitcoin is more like a religion. It is like Scientology and Jediism, it will only grow over time as more and more crazy people begin to believe in it.
full member
Activity: 184
Merit: 100
September 16, 2011, 06:25:18 AM
#20
I think using bitcoin instead of fiat money will make it harder to catch the traders with "dirty hand deals" as money exchanging is harder to be proven.
donator
Activity: 1736
Merit: 1014
Let's talk governance, lipstick, and pigs.
September 16, 2011, 06:22:50 AM
#19
oh umm and some filthy man told me as it wont be used for drugs and illegal issues any more it will vanish as in a pyramid scheme!!

is a pyramid scheme something related to Egypt ?

I know little of stock trading, but I can assure you that bitcoin will remain to be used in drug trade irrespective of bitcoin exchange price trends.

"Bitcoin" + "GPS-aided single-use randomized dead drops" = "very reliable and safe way to trade drugs".

Just sayin'

So would be using fiat money +  "GPS-aided single-use randomized dead drops" = "very reliable and safe way to trade drugs". Isn't that how it's done now? All they do now is use secure comms for the locations.

In fact, the strength of bitcoin isn't so much the pseudonymity, but the public ledger.
full member
Activity: 184
Merit: 100
September 16, 2011, 04:37:02 AM
#18
ummm i tried a suggestion mentioned here and throw a dead over the 20th floor balconey and it bounced couple times before it falled finally as in DEAD!!!.


ummm .. maybe i started to figure it out. But here in my country culture we call it "life sweetness" whatever the hell that means but it says when you cut a kitchen throat with a hard knife (preparing for a chicken meal .. ooo yummy) it can happen sometimes that the chicken will just stand again and walk on its feet couple steps before it fall DEAD!!!.


umm I am not sure if this is what meant by the DEAD CAT BOUNCE! expression. But if it is the same .. Does that means bitcoin is going to vanish within a year? or like it is going to stabilize at (0.0001 - 5 $) as the normal price ? I dunno.


Maybe some early adopters just swift in and out for a fast gain and that is it! while they sppose to be the ones that support bitcoins?!?!

all i am sure of is right now I am still confused and not sure what (DEAD CAT BOUNCE) means ?!?!?!?
member
Activity: 112
Merit: 11
Hillariously voracious
September 15, 2011, 02:05:15 PM
#17
And that kind of money open the FEDs appetizer.

At this point I can only vaguely infer that you are trolling, but the meaning of the above phrase escapes me completely.

But ah again maybe Gavin gave the FEDs all the details to pin point every transfer detail up to the trader undies IP ass address.

CIA is not "feds", get your US-centric jargon straight.
"Bitcoin" + "GPS-aided single-use randomized dead drops" = "very reliable and safe way to trade drugs".

Just sayin'

Oh, is that how the Dark Brootherhood pays you win ES:17?

Sorry, didn't get the reference.
full member
Activity: 154
Merit: 100
September 15, 2011, 11:27:43 AM
#16
"Bitcoin" + "GPS-aided single-use randomized dead drops" = "very reliable and safe way to trade drugs".

Just sayin'

Oh, is that how the Dark Brootherhood pays you win ES:17?
hero member
Activity: 1138
Merit: 523
September 15, 2011, 09:29:20 AM
#15
This thread needs more
newbie
Activity: 54
Merit: 0
September 15, 2011, 08:50:35 AM
#14
It was 100% clear when we got to Egyptian pyramids   Cheesy
full member
Activity: 121
Merit: 100
September 15, 2011, 08:48:26 AM
#13
I talk to many friends of mine about the Bitcoin trade analysis (without saying it is the bitcoin ... I just say it is an X stock). And they all say it is a well known trade price chart called "dead cat bounce".


Any one can help me explain the expression in simple English please?


and please do not take me wrong , I am a bit coin fan (well at least as long as it exists!!)   Cheesy.


Thanks!

y'all got trolled.
legendary
Activity: 3598
Merit: 2386
Viva Ut Vivas
September 15, 2011, 06:51:20 AM
#12
I talk to many friends of mine about the Bitcoin trade analysis (without saying it is the bitcoin ... I just say it is an X stock). And they all say it is a well known trade price chart called "dead cat bounce".


Any one can help me explain the expression in simple English please?


and please do not take me wrong , I am a bit coin fan (well at least as long as it exists!!)   Cheesy.


Thanks!

I think the only way to settle this and figure it out for yourself is to find a dead cat and bounce it on the ground. You will find the answer you are looking for at that point.
full member
Activity: 184
Merit: 100
September 15, 2011, 06:46:31 AM
#11
I was talking about big times drugs and arms money yo microscopic dope junkie Cheesy. That kind of huge ass money transfer demand is the only mean to summon the cat soul! And that kind of money open the FEDs appetizer.


But ah again maybe Gavin gave the FEDs all the details to pin point every transfer detail up to the trader undies IP ass address.
member
Activity: 112
Merit: 11
Hillariously voracious
September 15, 2011, 06:03:46 AM
#10
oh umm and some filthy man told me as it wont be used for drugs and illegal issues any more it will vanish as in a pyramid scheme!!

is a pyramid scheme something related to Egypt ?

I know little of stock trading, but I can assure you that bitcoin will remain to be used in drug trade irrespective of bitcoin exchange price trends.

"Bitcoin" + "GPS-aided single-use randomized dead drops" = "very reliable and safe way to trade drugs".

Just sayin'
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