Topic: Further sell-off incoming - page 2. (Read 4566 times)
lol
We'll see.
In the tech world, I'd consider venture capitalists "smart money" rather than "institutional investors."
If the Winklevoss twins' ETF or the Coinsetter hype come to pass, we'll see institutional trading (market making and arbitrage, not necessarily investing). After that, mutual funds and such - that's institutional investment.
It won't be smooth.
If the Winklevoss twins' ETF or the Coinsetter hype come to pass, we'll see institutional trading (market making and arbitrage, not necessarily investing). After that, mutual funds and such - that's institutional investment.
It won't be smooth.
Always fun to read people make wild predictions on the price based on just how they are feeling.
Since when did you become such a megabear Walsoraj? I thought you were the opposite of Jaroslaw but it turns out you're even worse lol. Anyway I see no reason for a real capitulation anymore, I really wonder what has transformed you from megabull to megabear. Both are delusional ofcourse. 
I was overcome by the force of pure reason.
And I sold by coins.
Since when did you become such a megabear Walsoraj? I thought you were the opposite of Jaroslaw but it turns out you're even worse lol. Anyway I see no reason for a real capitulation anymore, I really wonder what has transformed you from megabull to megabear. Both are delusional ofcourse.
Any doctor will tell you that is not good to have the head downwards for so long. He is probably confused.
Since when did you become such a megabear Walsoraj? I thought you were the opposite of Jaroslaw but it turns out you're even worse lol. Anyway I see no reason for a real capitulation anymore, I really wonder what has transformed you from megabull to megabear. Both are delusional ofcourse.
Capitulation = (1) acknowledgement of previous bubble (2) admission that bitcoin is over-priced and (3) extreme skepticism by almost everyone, including mega-bulls, that price will climb up steadily and/or a new bubble will form.
Suppose we flash-crash to single digits within 24 hours. This is not capitulation. The crash is too quick to dry up all the fiat. Enough would remain for an immediate flood of buys in anticipation of a reverse flash upward, effectively forming a new bubble.
Real capitulation will come in one of two ways:
(1) very very slow ride down, lasting months or maybe years; or
(2) flash crash to single digits or cents, and price remaining within that range for months or maybe years.
Pick your poison. One is most definitely on the horizon. I'm leaning towards (2) but only if we see repeated flash crashing over shorter and shorter periods. This will quickly dry up any remaining fiat sitting on the exchanges and discourage new depositors.
Suppose we flash-crash to single digits within 24 hours. This is not capitulation. The crash is too quick to dry up all the fiat. Enough would remain for an immediate flood of buys in anticipation of a reverse flash upward, effectively forming a new bubble.
Real capitulation will come in one of two ways:
(1) very very slow ride down, lasting months or maybe years; or
(2) flash crash to single digits or cents, and price remaining within that range for months or maybe years.
Pick your poison. One is most definitely on the horizon. I'm leaning towards (2) but only if we see repeated flash crashing over shorter and shorter periods. This will quickly dry up any remaining fiat sitting on the exchanges and discourage new depositors.
Not going to happen. Heck even politicians are going to start getting bitcoins for their campaigns really soon (2014):
http://www.bloomberg.com/news/2013-09-05/bitcoin-and-politics-what-could-go-wrong-.html
Capitulation = (1) acknowledgement of previous bubble (2) admission that bitcoin is over-priced and (3) extreme skepticism by almost everyone, including mega-bulls, that price will climb up steadily and/or a new bubble will form.
Suppose we flash-crash to single digits within 24 hours. This is not capitulation. The crash is too quick to dry up all the fiat. Enough would remain for an immediate flood of buys in anticipation of a reverse flash upward, effectively forming a new bubble.
Real capitulation will come in one of two ways:
(1) very very slow ride down, lasting months or maybe years; or
(2) flash crash to single digits or cents, and price remaining within that range for months or maybe years.
Pick your poison. One is most definitely on the horizon. I'm leaning towards (2) but only if we see repeated flash crashing over shorter and shorter periods. This will quickly dry up any remaining fiat sitting on the exchanges and discourage new depositors.
Suppose we flash-crash to single digits within 24 hours. This is not capitulation. The crash is too quick to dry up all the fiat. Enough would remain for an immediate flood of buys in anticipation of a reverse flash upward, effectively forming a new bubble.
Real capitulation will come in one of two ways:
(1) very very slow ride down, lasting months or maybe years; or
(2) flash crash to single digits or cents, and price remaining within that range for months or maybe years.
Pick your poison. One is most definitely on the horizon. I'm leaning towards (2) but only if we see repeated flash crashing over shorter and shorter periods. This will quickly dry up any remaining fiat sitting on the exchanges and discourage new depositors.
I do see a head and shoulders pattern forming so that would be about a 20 dollar drop from here. Capitulation? lol
Hahahaha we aren't even into institutional investor phase yet you half-wits.
Your signature reads:
Quote
Everyone has a plan until they are punched in the face. --Mike Tyson
Are you ready for a punch in the face? Cause it's gonna be a kick in the nuts.
Gox withdrawal issues have prolonged "denial" stage many months. The net effect will be a much longer and deeper capitulation.
Greenwald or his boyfriend will release new information soon that will be the final demise of bitcoin.
Probably one specific document between those 50.000 where clearly talks about Bitcoin & NSA.
Bitcoin will probably go to 0.1 zimbawaean (??) dollars. I am bullish though after that.
j/k
Hahahaha we aren't even into institutional investor phase yet you half-wits.
lol, do not be naive.
I'm not saying it will happen, I just wanted to help him see how they align, as he said 'doesn't match up at all' when it clearly does
I can't post it nearly enough.
Regretting not buying in yet?
Here is some help
lol, do not be naive.
I can't post it nearly enough.
Regretting not buying in yet?
Here is some help
Gox withdrawal issues have prolonged "denial" stage many months. The net effect will be a much longer and deeper capitulation.
lets just hope it happens before http://money2020.com/
Gox withdrawal issues have prolonged "denial" stage many months. The net effect will be a much longer and deeper capitulation.
I can't post it nearly enough.
Regretting not buying in yet?
I can't post it nearly enough.
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