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Topic: Genuine rise in price, or bull trap? - page 2. (Read 1645 times)

sr. member
Activity: 432
Merit: 500
January 15, 2015, 09:34:33 AM
#12
Oh wait a minute.....

Popped already?

hero member
Activity: 700
Merit: 500
January 15, 2015, 09:33:50 AM
#11
Genuine rise to maybe low 300s, then small drop to maybe 300/mid 200s, then huge increase to 500 after the btc conferences, and during Superbowl weekend. 
I base that off absolutely nothing, no need to pretend I can tell the world from a chart like everyone else Smiley
legendary
Activity: 3976
Merit: 1421
Life, Love and Laughter...
January 15, 2015, 09:28:27 AM
#10
I'm afraid the price is unpredictable, it's like a roller coaster but with undefined rails.

true.  but it has been going down since the beginning of last year.  although one should be ready and adapt to what the market's doing, one has to be careful also.

here's a one year chart.

legendary
Activity: 1862
Merit: 1014
Reverse engineer from time to time
January 15, 2015, 09:21:55 AM
#9
I'm afraid the price is unpredictable, it's like a roller coaster but with undefined rails.
legendary
Activity: 3976
Merit: 1421
Life, Love and Laughter...
January 15, 2015, 09:20:33 AM
#8
Hard to judge.

Massive sell off this last few days, sharp rebound from below $200 and now a steady climb in price.

Looks like a bull trap to me, the calm before the storm....or maybe people falling for the rumours on twatter.

Maybe it's genuine though, and we're going to get a steady recovery followed by another bubble now?



hero member
Activity: 518
Merit: 500
Hodl!
January 15, 2015, 09:16:48 AM
#7
Is tomorrow a "selloff friday" or a "buy in friday" ?

I should mark up a chart with fridays, either seems people want extra fiat for party weekends or dump their paycheck into coin.

legendary
Activity: 3556
Merit: 9709
#1 VIP Crypto Casino
January 15, 2015, 09:07:08 AM
#6
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Don't miss this opportunity.
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legendary
Activity: 1061
Merit: 1001
January 15, 2015, 09:03:36 AM
#5
guaranteed bulltrap in my humble opinion
Q7
sr. member
Activity: 448
Merit: 250
January 15, 2015, 09:03:23 AM
#4
Doesn't look like a bull to me cause it could be price market  correction. So I would be wary on this one.
hero member
Activity: 518
Merit: 500
Hodl!
January 15, 2015, 09:00:25 AM
#3
Last three days could have been monumental bear trap.

Also, traders be traders, they might have got out early, but there could be half a billion dollars sitting on exchanges just waiting to buy back. There's always chance a steep rally from nowhere can falter, just because nobody can get in quick enough, but when there's been a shakeout and there's funds just sitting there it's a different story.
sr. member
Activity: 289
Merit: 250
January 15, 2015, 08:58:47 AM
#2
There are so many "Bull Market" threads it might just turn the market sentiment around, nothing surprises me anymore. The fact that people want a bull market so bad that it might just turn into that. It would be good, though I don't know if it would be sustainable for much long
sr. member
Activity: 432
Merit: 500
January 15, 2015, 08:54:44 AM
#1
Hard to judge.

Massive sell off this last few days, sharp rebound from below $200 and now a steady climb in price.

Looks like a bull trap to me, the calm before the storm....or maybe people falling for the rumours on twatter.

Maybe it's genuine though, and we're going to get a steady recovery followed by another bubble now?
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