Epic bull trap in the making? - page 4.

NikolaTesla

newbie

Activity: 28

Merit: 0

Quote from: XXthetimeisnowXX on April 12, 2013, 08:00:04 PM

Quote from: NikolaTesla on April 12, 2013, 07:42:09 PM

I made 2.5 times my initial investment; I don't need to complain about money. I'm just calling it like it is.

hey everyone! come look how bearish i am!!! ya i used to be a bull but now that its down im a bear.....oh wate no if im just following the masses im a SHEEP. baaaa baaaa baaa

hahahaha

you will be a bull again when it goes up. or not just to spite me. ether way ....baaaa baaaaa

Quite the opposite. I will be bull when it goes down, because that means it's undervalued. I will be bear when it goes up if I think it's too high. Such as right now.

alexh

member

Activity: 183

Merit: 10

Yea, the drop had to do with the lag and the ddos, so i don't quite get all the analysis about that.

XXthetimeisnowXX

sr. member

Activity: 252

Merit: 250

a wolf in sheeps clothing. suckerfish

Quote from: NikolaTesla on April 12, 2013, 07:42:09 PM

I made 2.5 times my initial investment; I don't need to complain about money. I'm just calling it like it is.

hey everyone! come look how bearish i am!!! ya i used to be a bull but now that its down im a bear.....oh wate no if im just following the masses im a SHEEP. baaaa baaaa baaa

hahahaha

you will be a bull again when it goes up. or not just to spite me. ether way ....baaaa baaaaa

Beta-coiner1

hero member

Activity: 532

Merit: 500

The price was artificially inflated by an anonymous user and deflated by an anonymous DDOS....I think the median rally is real.

ElectricMucus

legendary

Activity: 1666

Merit: 1057

Marketing manager - GO MP

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.

mmortal03

legendary

Activity: 1762

Merit: 1011

If it drops back to $100 I'm going to buy in and then hold for the long term. I bought in at $60 today and sold at $103 thinking it was indeed a bull trap, only to see it jump up to $130 == too much stress trying to watch this 24/7. Gonna buy and hold at a psychologically important long term level of $100 and be done with it if the market gives me the chance here.

superside

member

Activity: 84

Merit: 10

notig

sr. member

Activity: 294

Merit: 250

well I agree the price manipulation of the exchange is a real worry . I think they have already done a couple things though. They upgraded hardware on their server.... and as you can see from bitcoinity they only update their api or whatever at 5 minute intervals instead of all the time so that should help. Their trading lag is almost at 2 minutes again though. Not good.......

NikolaTesla

newbie

Activity: 28

Merit: 0

I made 2.5 times my initial investment; I don't need to complain about money. I'm just calling it like it is.

ElectricMucus

legendary

Activity: 1666

Merit: 1057

Marketing manager - GO MP

yes for bull trap

NikolaTesla

newbie

Activity: 28

Merit: 0

Oh yippie in the time it took me to write this thread it's dropped from 130 to 116...

thefiniteidea

hero member

Activity: 509

Merit: 564

"In Us We Trust"

Looks like a target of $32 as the bottom isn't far off, afterall.

Bull trap now? Probably

BIG bear trap later? Definitely

Grin

NikolaTesla

newbie

Activity: 28

Merit: 0

http://i49.tinypic.com/21cgthj.jpg

What do you think? Sustainable or not?

My thoughts: How anyone can jump right back in head first like this without any significant improvements to the exchanges is beyond me. We saw how vulnerable the market is to manipulation and how vulnerable Gox is to going down constantly and no changes have been made. All it's gonna take is another high roller cashing out and/or ddos attack to cause another drop.

Topic: Epic bull trap in the making? - page 4. (Read 6042 times)