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Topic: Dead cat dance (Read 2425 times)

legendary
Activity: 1722
Merit: 1000
January 15, 2015, 10:33:45 AM
#51
Close your shorts now or cry later.

just opened some. Get ready for the pain.

D
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legendary
Activity: 2576
Merit: 1087
January 15, 2015, 09:27:56 AM
#50
Just hang around and go up in a week or so.

sure - needs 5 million USD in a week in fresh money just to hold this price. You think 5 million will be invested next 7 days? And mind you: that's just enough to prevent a further drop.

Wait I've seen this post before, except it used to be in the form "you need $x million a day"

It looks to me like you are now having to use the "per week" form so that the dollar figure still looks large.

$720k a day new capital. Provided miners are selling *everything* at market. A market that yesterday did around $300m worth of volume.

Just some thoughts.
hero member
Activity: 840
Merit: 1000
January 15, 2015, 08:03:22 AM
#49
Don't be too confident. I see quite some recovery taking place. At 212 right now.

A recovery topping out at $300 would be completely consistent with past performance.
Q7
sr. member
Activity: 448
Merit: 250
January 15, 2015, 07:21:15 AM
#48
Don't be too confident. I see quite some recovery taking place. At 212 right now.
hero member
Activity: 515
Merit: 506
Screw It, Let's Do It
January 15, 2015, 07:11:04 AM
#47
mmh i'm not sure this is a dead cat bounce, i think we hit the bottom and we are recovering a bit

Till the people bought at 160-175$ are profit locking.
You are lucky, most buyers are stupid and never lock their profits.
hero member
Activity: 840
Merit: 1000
January 15, 2015, 07:10:36 AM
#46
It's danergous to be too sure about an investement. All merchant adoption and community support, not even infusion of big money by wealthy investors outweights the inflation - that's all i know.

So you have to battle that deamon of the inflation to win this. But you are probably unaware.

I've been involved/here for three years; I'm aware.  I just don't attribute as much weighting to this issue as you seem to.

Hiya dropt!

It's me, your old buddy MatTheCat.

You remember me, don't ya!

Here, I created a thread for you as I promised I would back in April, but you seem to have missed it:

https://bitcointalksearch.org/topic/m.10134304


Bitcoin is still 'right down in that $200 range', and although it got 'right down in that $100 range', I am sure this still counts.
legendary
Activity: 3248
Merit: 1070
January 15, 2015, 07:07:06 AM
#45
mmh i'm not sure this is a dead cat bounce, i think we hit the bottom and we are recovering a bit
hero member
Activity: 700
Merit: 500
January 15, 2015, 06:29:06 AM
#44
How come the thread title got changed from "Dead cat bounce" to "Dead cat dance", or am I imagining it changed?

It didn't change. There must be 2 threads. I think 'dance' is more appropriate  Tongue

Maybe I read it as bounce because I expected it. Dead cat dance is not a trading expression I have heard before.

A dead cat dance, is when bitcoin goes through dead cat bounces every few days  Cheesy
I bought 3 yesterday towards the bottom, but as usual, i'm a greedy fuck and instead of taking my $90 profit, i'm going to hold, be greedy, and then gamble a shitload on sunday when the coins are worth 150 Embarrassed
sr. member
Activity: 316
Merit: 250
January 15, 2015, 05:32:14 AM
#43
How come the thread title got changed from "Dead cat bounce" to "Dead cat dance", or am I imagining it changed?

It didn't change. There must be 2 threads. I think 'dance' is more appropriate  Tongue

Maybe I read it as bounce because I expected it. Dead cat dance is not a trading expression I have heard before.
full member
Activity: 468
Merit: 100
The world’s first Play, Learn and Earn
January 15, 2015, 05:29:33 AM
#42
How come the thread title got changed from "Dead cat bounce" to "Dead cat dance", or am I imagining it changed?

It didn't change. There must be 2 threads. I think 'dance' is more appropriate  Tongue
sr. member
Activity: 316
Merit: 250
January 15, 2015, 05:24:48 AM
#41
How come the thread title got changed from "Dead cat bounce" to "Dead cat dance", or am I imagining it changed?
newbie
Activity: 56
Merit: 0
January 15, 2015, 05:21:55 AM
#40
Bitcoin trades like a pump and dump pennystock
full member
Activity: 468
Merit: 100
The world’s first Play, Learn and Earn
January 15, 2015, 05:06:54 AM
#39
yeah, we'll bulltrap and beartrap our way into the future very likely ...  Grin

just bought some LTC and i already regret it (lol)

edit: yeah fuck it ... bulltrap (who would have thought  Roll Eyes )
legendary
Activity: 1176
Merit: 1000
January 15, 2015, 04:57:29 AM
#38
Who knows what it's going to do.  One thing's for sure, everyone here is brainwashed that it's an eternal bear market.  If whomever took it down this low decides it's going up, how many times will you get bear trapped before you figure out what's going on?

You say don't get attached to your investment, I say don't get attached to your trading strategy.

The opposite:everyone is brainwashed into eternal bullmarket.
What took it down was sellpressure from miners aka inflation. I don't believe in conspiracies.
No beartraps happend for more than 1 year.
Please spare me the permabullshit.

This is going nowhere until halving, no worries.
And for halving you get a big pump and then the analrape (in case it survives that long). Just deal with it.

Hmm after an 85% decline you think everyone is brainwashed into an eternal bullmarket.

The horse has bolted you fool.

sellwall on stamp, sellwall on btcchina, sellwall on huobi

Weak buysupport everywhere. The only one slightly bullish is bitfinex on a thin market in both directions.

So i buy after confirmed uptrend, thanks. I think it's going to drop more.

Got to move, guys. Catch you later. Don't be butthurt so much.  Wink

Stamp is empty and the Chinese exchanges are a sham.

Finex is the defacto trading exchange right now. You are right the price could jump about a fair bit now, but with shorts at an all time high and long leveraged swaps at the lowest levels since march 2014, the likely direction is firmly UP.
full member
Activity: 468
Merit: 100
The world’s first Play, Learn and Earn
January 15, 2015, 04:46:24 AM
#37
Who knows what it's going to do.  One thing's for sure, everyone here is brainwashed that it's an eternal bear market.  If whomever took it down this low decides it's going up, how many times will you get bear trapped before you figure out what's going on?

You say don't get attached to your investment, I say don't get attached to your trading strategy.

The opposite:everyone is brainwashed into eternal bullmarket.
What took it down was sellpressure from miners aka inflation. I don't believe in conspiracies.
No beartraps happend for more than 1 year.
Please spare me the permabullshit.

This is going nowhere until halving, no worries.
And for halving you get a big pump and then the analrape (in case it survives that long). Just deal with it.

Hmm after an 85% decline you think everyone is brainwashed into an eternal bullmarket.

The horse has bolted you fool.

sellwall on stamp, sellwall on btcchina, sellwall on huobi

Weak buysupport everywhere. The only one slightly bullish is bitfinex on a thin market in both directions.

So i buy after confirmed uptrend, thanks. I think it's going to drop more.

Got to move, guys. Catch you later. Don't be butthurt so much.  Wink
legendary
Activity: 1176
Merit: 1000
January 15, 2015, 04:42:32 AM
#36
Who knows what it's going to do.  One thing's for sure, everyone here is brainwashed that it's an eternal bear market.  If whomever took it down this low decides it's going up, how many times will you get bear trapped before you figure out what's going on?

You say don't get attached to your investment, I say don't get attached to your trading strategy.

The opposite:everyone is brainwashed into eternal bullmarket.
What took it down was sellpressure from miners aka inflation. I don't believe in conspiracies.
No beartraps happend for more than 1 year.
Please spare me the permabullshit.

This is going nowhere until halving, no worries.
And for halving you get a big pump and then the analrape (in case it survives that long). Just deal with it.

Hmm after an 85% decline you think everyone is brainwashed into an eternal bullmarket.

The horse has bolted you fool.
legendary
Activity: 1512
Merit: 1000
January 15, 2015, 04:40:37 AM
#35
Smaller marketcap combined with novelty and hype is better to handle than large marketcap and dwindling interest.

Perhaps, but novelty and hype don't have staying power.


Edit:
Quote
Right now maybe good to just capitulate and let it hit the natural floor so everyone can be a bull again.  Wink
I agree.
full member
Activity: 468
Merit: 100
The world’s first Play, Learn and Earn
January 15, 2015, 04:38:49 AM
#34
It's danergous to be too sure about an investement. All merchant adoption and community support, not even infusion of big money by wealthy investors outweights the inflation - that's all i know.

So you have to battle that deamon of the inflation to win this. But you are probably unaware.

I've been involved/here for three years.  I'm aware.

Smaller marketcap combined with novelty and hype is better to handle than large marketcap and dwindling interest.

Right now maybe good to just capitulate and let it hit the natural floor so everyone can be a bull again.  Wink
legendary
Activity: 1512
Merit: 1000
January 15, 2015, 04:37:52 AM
#33
It's danergous to be too sure about an investement. All merchant adoption and community support, not even infusion of big money by wealthy investors outweights the inflation - that's all i know.

So you have to battle that deamon of the inflation to win this. But you are probably unaware.

I've been involved/here for three years; I'm aware.  I just don't attribute as much weighting to this issue as you seem to.
full member
Activity: 468
Merit: 100
The world’s first Play, Learn and Earn
January 15, 2015, 04:34:28 AM
#32
Thanks for being so caring. I would recommend you save your own ass. But thanks.

My ass doesn't need to be saved, there isn't a possible scenario on earth where at the end of the day I haven't made out in spades for the amount I've thrown in the ring.  You're running around with your head cut off and I'm suggesting you take a step back and look at it objectively.  But, if you're just here to make a scene, let me know.  I'll happily put you on ignore and get on with my evening.

It's danergous to be too sure about an investement. All merchant adoption and community support, not even infusion of big money by wealthy investors outweights the inflation - that's all i know.
The infaltionrate trumps it all. We have seen that. You can't rely on a new hype right now.

So you have to battle that deamon of the inflation to win this. But you are probably unaware.
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