Enough $460 sideways, time to drop to $3xx - page 5.

NapoleonBonaparte

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Quote from: Octavius on August 22, 2014, 04:01:35 PM

Some think falllling is a troll but he might be right.

There's something wrong here. Bubbles come when you least expect them. too many people are expecting this bubble, it doesn't work like that.

The market is not clear, if we are in the capitulation phase, despair phase to follow and a lot of people will get burned.

Nice chart.

If anyone still don't think we are in bubble territory after seeing this chart.

Read this:
http://en.wikipedia.org/wiki/Tulip_mania

falllling

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Activity: 112

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Quote from: romerun on August 23, 2014, 12:52:49 AM

totally, we need to shake weaker hands one more time. Sellers have to stop selling for the new rally to begin.

there is no weak hands, stop lying

romerun

legendary

Activity: 1078

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Bitcoin is new, makes sense to hodl.

totally, we need to shake weaker hands one more time. Sellers have to stop selling for the new rally to begin.

itsAj

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Quote from: counter on August 22, 2014, 03:24:49 PM

Quote from: kireinaha on August 22, 2014, 01:13:29 AM

I would hate to have a lot of money invested in bitcoin right now, it would definitely be hard to get a good night's sleep. I'm sure a lot of people are getting tired of seeing their investments struggle and gradually lose money, and are probably cutting their loose to sack it away in the stock markets or spend it on newegg.

I think the smart investors knew ahead of time to only invest what they could afford to loose and that is why we won't be going on an indefinite downtrend as the OP suggests. This is hodl mentality has spread and it is obvious the dumpers will have to buy back at a loose if they keep gambling with their coins.. I think they keep hoping if they fud the coins will come but that plan does not seem to be working so good if you ask me.

This is exactly right. You should never invest/gamble something that you are not willing to lose and/or not willing to not have access to for a long time. This will not only prevent you from becoming financially ruined when your investment goes to zero, but will also allow/help you take emotion out of investing, helping to prevent you from wanting to buy when the price is high and sell when the price is low.

brewsterz

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Activity: 19

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Quote from: dropt on August 22, 2014, 04:06:45 PM

Quote from: Octavius on August 22, 2014, 04:01:35 PM

Some think falllling is a troll but he might be right.

There's something wrong here. Bubbles come when you least expect them. too many people are expecting this bubble, it doesn't work like that.

The market is not clear, if we are in the capitulation phase, despair phase to follow and a lot of people will get burned.

https://i.imgflip.com/bewy4.jpg

Fixed that for ya. BTW, Did you sell all your coins at $470 like Falllling told you to? Because you were pretty sure he was right on the money.

http://i.imgur.com/g957dOi.jpg

FTFY

https://i.imgur.com/eig3sIg.jpg

adamstgBit

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Activity: 1904

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Trusted Bitcoiner

Quote from: klf on August 22, 2014, 10:52:08 PM

What determines bitcoin’s price?

its not what its who. and "who" is all who disagree with the current price and choose to act.

klf

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What determines bitcoin’s price?

btcton

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It is certainly surprising watching how people still reply to this kind of threads.

Wilhelm

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Octavius

member

Activity: 107

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Quote from: exocytosis on August 22, 2014, 04:25:33 PM

Quote from: MatTheCat on August 22, 2014, 02:58:02 PM

I just tried to make a purchase on www.scan.co.uk using Bitcoin.

It took too long for the confirmations to complete (almost 2 hours for 6 confirmations)....

Payment was refused....

The bulltards get angry when you point out stuff like this.

History will tell who is right and smart and who is wrong and fool here...

notme

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Activity: 1904

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Quote from: exocytosis on August 22, 2014, 04:25:33 PM

Quote from: MatTheCat on August 22, 2014, 02:58:02 PM

I just tried to make a purchase on www.scan.co.uk using Bitcoin.

It took too long for the confirmations to complete (almost 2 hours for 6 confirmations)....

Payment was refused....

The bulltards get angry when you point out stuff like this.

Or you could not be a cheapskate and include a 0.00001 BTC transaction fee. Surely you can afford less than a penny.

exocytosis

sr. member

Activity: 476

Merit: 250

Quote from: MatTheCat on August 22, 2014, 02:58:02 PM

I just tried to make a purchase on www.scan.co.uk using Bitcoin.

It took too long for the confirmations to complete (almost 2 hours for 6 confirmations)....

Payment was refused....

The bulltards get angry when you point out stuff like this.

Octavius

member

Activity: 107

Merit: 10

Quote from: dropt on August 22, 2014, 04:06:45 PM

Quote from: Octavius on August 22, 2014, 04:01:35 PM

Some think falllling is a troll but he might be right.

There's something wrong here. Bubbles come when you least expect them. too many people are expecting this bubble, it doesn't work like that.

The market is not clear, if we are in the capitulation phase, despair phase to follow and a lot of people will get burned.

https://i.imgflip.com/bewy4.jpg

Fixed that for ya. BTW, Did you sell all your coins at $470 like Falllling told you to? Because you were pretty sure he was right on the money.

No, I just give my advice. You are big enough to make your own decisions.

notme

legendary

Activity: 1904

Merit: 1002

Quote from: counter on August 22, 2014, 03:24:49 PM

Quote from: kireinaha on August 22, 2014, 01:13:29 AM

I would hate to have a lot of money invested in bitcoin right now, it would definitely be hard to get a good night's sleep. I'm sure a lot of people are getting tired of seeing their investments struggle and gradually lose money, and are probably cutting their loose to sack it away in the stock markets or spend it on newegg.

I think the smart investors knew ahead of time to only invest what they could afford to loose and that is why we won't be going on an indefinite downtrend as the OP suggests. This is hodl mentality has spread and it is obvious the dumpers will have to buy back at a loose if they keep gambling with their coins.. I think they keep hoping if they fud the coins will come but that plan does not seem to be working so good if you ask me.

loose: not firmly or tightly fixed in place; detached or able to be detached
lose: be deprived of or cease to have or retain

dropt

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Activity: 1512

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Quote from: Octavius on August 22, 2014, 04:01:35 PM

Some think falllling is a troll but he might be right.

There's something wrong here. Bubbles come when you least expect them. too many people are expecting this bubble, it doesn't work like that.

The market is not clear, if we are in the capitulation phase, despair phase to follow and a lot of people will get burned.

https://i.imgflip.com/bewy4.jpg

Fixed that for ya. BTW, Did you sell all your coins at $470 like Falllling told you to? Because you were pretty sure he was right on the money.

Octavius

member

Activity: 107

Merit: 10

Some think falllling is a troll but he might be right.

There's something wrong here. Bubbles come when you least expect them. too many people are expecting this bubble, it doesn't work like that.

The market is not clear, if we are in the capitulation phase, despair phase to follow and a lot of people will get burned.

counter

hero member

Activity: 798

Merit: 500

Time is on our side, yes it is!

Quote from: kireinaha on August 22, 2014, 01:13:29 AM

I would hate to have a lot of money invested in bitcoin right now, it would definitely be hard to get a good night's sleep. I'm sure a lot of people are getting tired of seeing their investments struggle and gradually lose money, and are probably cutting their loose to sack it away in the stock markets or spend it on newegg.

I think the smart investors knew ahead of time to only invest what they could afford to loose and that is why we won't be going on an indefinite downtrend as the OP suggests. This is hodl mentality has spread and it is obvious the dumpers will have to buy back at a loose if they keep gambling with their coins.. I think they keep hoping if they fud the coins will come but that plan does not seem to be working so good if you ask me.

MatTheCat

hero member

Activity: 840

Merit: 1000

Quote from: ZeroEnergy on August 22, 2014, 01:17:05 AM

lol what? omg spend it all on newegg now!

I just tried to make a purchase on www.scan.co.uk using Bitcoin.

It took too long for the confirmations to complete (almost 2 hours for 6 confirmations)....

Payment was refused....

Guess I will just pay with fiat instead and just have to put up with the total inconvenience of my order being processed and readied for dispatch within 5 minutes......

Tchoh, digital cash payments are sooooooooo 20th century!

Unbelive

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