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Topic: Epic bull trap in the making? - page 3. (Read 6042 times)

legendary
Activity: 1762
Merit: 1011
April 12, 2013, 09:10:49 PM
#33
This day on your bull-shit channel:



 Cheesy

The linear line should cut through the word "happen", instead.
legendary
Activity: 1666
Merit: 1057
Marketing manager - GO MP
April 12, 2013, 09:06:15 PM
#32
This day on your bull-shit channel:



 Cheesy
sr. member
Activity: 280
Merit: 250
April 12, 2013, 09:04:18 PM
#31
looks like a cup and handle, maybe we are about to break out upwards?  On second thought, I don't see there being enough confidence restored yet to move up past 130. 

This is just a taste of next week. A lot of people are waiting out the weekend to see what happens.



If you can't get money in or out over the weekend, then you'd think the price would go up with all the new people using up their remaining cash all trying to get some bitcoins for cheap. It's a matter of how many people want completely out compared to how many new people want in. The speculators are somewhere in the middle.

I agree, but plenty of people saw the price hit $60, and continued to wait for lower prices. As the weekend comes to a close, they will begin to worry about it not getting any cheaper. Also, the number of new people buying in is increasing faster than ever.
legendary
Activity: 1666
Merit: 1057
Marketing manager - GO MP
April 12, 2013, 09:04:01 PM
#30
looks like a cup and handle, maybe we are about to break out upwards?  On second thought, I don't see there being enough confidence restored yet to move up past 130.  

This is just a taste of next week. A lot of people are waiting out the weekend to see what happens.




ahahah sorry guys, that big wall was me. Need to buy more b4 i let the train leave.


cut the bullshit an provide a signed message.
legendary
Activity: 840
Merit: 1000
April 12, 2013, 09:00:17 PM
#29
Hehe, Nemesis will do what he wants this his market, lol.   Tongue Grin
legendary
Activity: 840
Merit: 1000
April 12, 2013, 08:59:02 PM
#28
looks like a cup and handle, maybe we are about to break out upwards?  On second thought, I don't see there being enough confidence restored yet to move up past 130. 

This is just a taste of next week. A lot of people are waiting out the weekend to see what happens.



If you can't get money in or out over the weekend, then you'd think the price would go up with all the new people using up their remaining cash all trying to get some bitcoins for cheap. It's a matter of how many people want completely out compared to how many new people want in. The speculators are somewhere in the middle.

Last two weekends have been rallies which was a fun change of pace.
sr. member
Activity: 280
Merit: 250
April 12, 2013, 08:58:48 PM
#27
looks like a cup and handle, maybe we are about to break out upwards?  On second thought, I don't see there being enough confidence restored yet to move up past 130.  

This is just a taste of next week. A lot of people are waiting out the weekend to see what happens.




ahahah sorry guys, that big wall was me. Need to buy more b4 i let the train leave.


Haha, we don't want too fast of a rise yet anyway, it was getting ridiculous.
legendary
Activity: 1762
Merit: 1011
April 12, 2013, 08:57:32 PM
#26
looks like a cup and handle, maybe we are about to break out upwards?  On second thought, I don't see there being enough confidence restored yet to move up past 130. 

This is just a taste of next week. A lot of people are waiting out the weekend to see what happens.



If you can't get money in or out over the weekend, then you'd think the price would go up with all the new people using up their remaining cash all trying to get some bitcoins for cheap. It's a matter of how many people want completely out compared to how many new people want in. The speculators are somewhere in the middle.
legendary
Activity: 840
Merit: 1000
April 12, 2013, 08:57:10 PM
#25
looks like a cup and handle, maybe we are about to break out upwards?  On second thought, I don't see there being enough confidence restored yet to move up past 130.  

This is just a taste of next week. A lot of people are waiting out the weekend to see what happens.




ahahah sorry guys, that big wall was me. Need to buy more b4 i let the train leave.


I figured it might be you. +1  Grin
sr. member
Activity: 462
Merit: 250
April 12, 2013, 08:56:11 PM
#24
looks like a cup and handle, maybe we are about to break out upwards?  On second thought, I don't see there being enough confidence restored yet to move up past 130.  

This is just a taste of next week. A lot of people are waiting out the weekend to see what happens.




ahahah sorry guys, that big wall was me. Need to buy more b4 i let the train leave.
legendary
Activity: 1666
Merit: 1057
Marketing manager - GO MP
April 12, 2013, 08:55:14 PM
#23
looks like  dead cat bounce.

sr. member
Activity: 280
Merit: 250
April 12, 2013, 08:50:29 PM
#22
looks like a cup and handle, maybe we are about to break out upwards?  On second thought, I don't see there being enough confidence restored yet to move up past 130. 

This is just a taste of next week. A lot of people are waiting out the weekend to see what happens.

member
Activity: 94
Merit: 10
April 12, 2013, 08:36:54 PM
#21
looks like a cup and handle, maybe we are about to break out upwards?  On second thought, I don't see there being enough confidence restored yet to move up past 130. 
legendary
Activity: 840
Merit: 1000
April 12, 2013, 08:34:43 PM
#20
I made 2.5 times my initial investment; I don't need to complain about money. I'm just calling it like it is.
Smart people bought up more coins, while impetuous people sold their coins to those smart people.

Do not be an impetuous short term investor. Be a prudent long term investor and that is when you'll gain more than you lose on Bitcoin.

I've lost not a penny and I've gained. I'm not bragging, just saying if you take the long view no one really has lost a penny. If you take the short view you lost everything. The prices are now more than they where when I bought my first coin. At the lowest low of 77 I bought more coins, that was today. I knew it wouldn't last that low and if anyone were smart they'd have bought at those prices. Some people got coins at $50. Honestly if I had more money I would have bought hundreds of coins, but unfortunately I only had a couple hundred bucks.





This.  Cheesy
hero member
Activity: 714
Merit: 510
April 12, 2013, 08:19:55 PM
#19
I made 2.5 times my initial investment; I don't need to complain about money. I'm just calling it like it is.
Smart people bought up more coins, while impetuous people sold their coins to those smart people.

Do not be an impetuous short term investor. Be a prudent long term investor and that is when you'll gain more than you lose on Bitcoin.

I've lost not a penny and I've gained. I'm not bragging, just saying if you take the long view no one really has lost a penny. If you take the short view you lost everything. The prices are now more than they where when I bought my first coin. At the lowest low of 77 I bought more coins, that was today. I knew it wouldn't last that low and if anyone were smart they'd have bought at those prices. Some people got coins at $50. Honestly if I had more money I would have bought hundreds of coins, but unfortunately I only had a couple hundred bucks.



full member
Activity: 168
Merit: 100
April 12, 2013, 08:19:24 PM
#18
I like how everybody is bigmouthing their "plans".  Cheesy

e: beware of thefiniteideas chart. It is purposefully misleading by omitting the magnitude of the drop in the lower "big picture" view to make it look like the pirate ponzi crunch.


lol my bad, that was actually an error. i suppose I accidentally entered the date improperly into bitcoincharts. its still the 12th for me  Grin

Thanks for the catch, fixing now.

nice try though.  Roll Eyes

?? Its the 12th here too. I probably would have entered in 12 on the charts too.
hero member
Activity: 509
Merit: 564
"In Us We Trust"
April 12, 2013, 08:18:47 PM
#17
I like how everybody is bigmouthing their "plans".  Cheesy

e: beware of thefiniteideas chart. It is purposefully misleading by omitting the magnitude of the drop in the lower "big picture" view to make it look like the pirate ponzi crunch.


lol my bad, that was actually an error. i suppose I accidentally entered the date improperly into bitcoincharts. its still the 12th for me  Grin

Thanks for the catch, fixing now.

nice try though.  Roll Eyes

meanwhile, reptilian humanoids run our planet while aliens use us to mine their gold, right? Cheesy
legendary
Activity: 1666
Merit: 1057
Marketing manager - GO MP
April 12, 2013, 08:13:38 PM
#16
I like how everybody is bigmouthing their "plans".  Cheesy

e: beware of thefiniteideas chart. It is purposefully misleading by omitting the magnitude of the drop in the lower "big picture" view to make it look like the pirate ponzi crunch.


lol my bad, that was actually an error. i suppose I accidentally entered the date improperly into bitcoincharts. its still the 12th for me  Grin

Thanks for the catch, fixing now.

nice try though.  Roll Eyes
hero member
Activity: 509
Merit: 564
"In Us We Trust"
April 12, 2013, 08:06:30 PM
#15
I like how everybody is bigmouthing their "plans".  Cheesy

e: beware of thefiniteideas chart. It is purposefully misleading by omitting the magnitude of the drop in the lower "big picture" view to make it look like the pirate ponzi crunch.


lol my bad, that was actually an error. i suppose I accidentally entered the date improperly into bitcoincharts. its still the 12th for me  Grin

Thanks for the catch, fixing now.
legendary
Activity: 1666
Merit: 1057
Marketing manager - GO MP
April 12, 2013, 08:04:58 PM
#14
Yea, the drop had to do with the lag and the ddos, so i don't quite get all the analysis about that.

Not really. The previous selloffs of the kind all resulted in quick recovery. This time it's actually a) negative press b) people actually becoming sick of BFL
I wouldn't be surprised if it was actually BFL themselves cashing out via proxies and getting ready to run.

Next thing: Look what people think of this. Even 4chan makes fun of us.
Final reason: This time it's not some shit that "just happened" like pirate, it's core infrastructure problems. The gox lag isn't because of a DDOS it's because their inept coders.
Bitinstant shutting down paypal and other options and stalling of SR sales.
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