Is wobber right? - page 2. | Bitcointalksearch.org

MatTheCat

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Quote from: kireinaha on July 15, 2014, 06:03:38 PM

Quote from: TrollinU on July 15, 2014, 05:57:22 PM

I cannot believe the amount of Risto ball gurgling that takes place in this sub-forum. Jelly much?

He's called every market movement within days and has basically never been wrong about bitcoin in his life.

Yes he has and he has been wrong many many times.

kireinaha

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Quote from: TrollinU on July 15, 2014, 05:57:22 PM

I cannot believe the amount of Risto ball gurgling that takes place in this sub-forum. Jelly much?

He's called every market movement within days and has basically never been wrong about bitcoin in his life.

TrollinU

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https://eloncity.io/

I cannot believe the amount of Risto ball gurgling that takes place in this sub-forum. Jelly much?

CMMPro

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Is wobber right?

He sure is "right"...at the top of my ignore list.

If he was "right" all the time his name would be Risto and he would have a castle bought with his bitcoin profits.

So, wobber you fucking wanker....where are the pictures of your castle? I thought so...

RyNinDaCleM

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Legen -wait for it- dary

Quote from: bitcoinsrus on July 15, 2014, 03:48:12 PM

welcome back matt

and thank you all for viewing and contributing to my posts. I think this is one of my most viewed and most commented (on) threads (in such a short amount of time)
Grin

That's because you usually lock the thing within 24hrs. Wink

Mat, I agree!
I can't help but to have small piece of me in the same thought as what you said in your post. That has been one of my counts since the $339 bottom, and was reinforced with the 3 wave rise to $683. The BFX credit situation is not the most compelling reason to be long either.

bitcoinsrus

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welcome back matt

and thank you all for viewing and contributing to my posts. I think this is one of my most viewed and most commented (on) threads (in such a short amount of time)
Grin

MatTheCat

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Quote from: dropt on July 15, 2014, 02:27:01 PM

Quote from: DieJohnny on July 15, 2014, 12:16:54 PM

I don't think we have seen despair yet, why? because i never wanted to sell my coins. I am like a human despair meter. If i want to sell, that is when you should buy and it hasn't happened yet.

I've held since Jan of 2012, and I almost sold everything at $400, so what does that say?

We have almost seen despair, but the fullest extent of the despair has not yet been visited upon us?

The weakness in the price action on very low volume combined with the fact that Bitfinex are about to start shaking leveraged traders out of their positions before they run the risk of being completely over-extended (like they aren't already) is making Bitcoin look like a very bad speculative bet at the moment.

$1160 - $340 = Wave A

$340 - $680 = Wave B

$680 - $??? = Wave C

WAVE ABC = Wave [4] correction of impulse Wave [3], from $2 - $1160 ?

kireinaha

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Some of you need to speak with people outside of the forums rather than the online bitcoin echo chamber. Most of my friends now know what bitcoin is but none of them invest because they're convinced that they were too late, it was a fad, and it will now stagnate and drop in value.

I think a lot of us felt the same way before we invested. Shit, I felt that way since 2011 when I first discovered it until spring of 2013 when I finally began to research it more carefully. So yes, the couple hundred geeks that spend all their time on these forums or reddit may feel certain that a bubble is imminent, but there are millions of potential investors out there who don't. These people...

A) Hold a little bitcoin but gave up and forgot about it months ago due to the prolonged bear market or...
B) Watched the previous rally and decided they were too late, but will buy in once the next rally inevitably begins

All we're waiting for now is the catalyst, which is very unpredictable but will come eventually.

ThatDGuy

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Quote from: dropt on July 15, 2014, 02:59:48 PM

Quote from: wachtwoord on July 15, 2014, 02:34:05 PM

Strong hands get shaky sometimes? At least you didn't, but sell everything? How can you even contemplate that

Becoming disillusioned with what Bitcoin had/has become I suppose. At the time the thought of taking my (massive) gains, semi-retiring, and freeing myself of my addition to Bitcoin outweighed further stress and potential riches.

Alas, I'm still here.

Can you really throw out the word 'Alas' when you're up 50+% from the point when you wanted to sell? Wink

dropt

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Quote from: wachtwoord on July 15, 2014, 02:34:05 PM

Strong hands get shaky sometimes? At least you didn't, but sell everything? How can you even contemplate that

Becoming disillusioned with what Bitcoin had/has become I suppose. At the time the thought of taking my (massive) gains, semi-retiring, and freeing myself of my addition to Bitcoin outweighed further stress and potential riches.

Alas, I'm still here.

wachtwoord

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Quote from: dropt on July 15, 2014, 02:27:01 PM

Quote from: DieJohnny on July 15, 2014, 12:16:54 PM

I don't think we have seen despair yet, why? because i never wanted to sell my coins. I am like a human despair meter. If i want to sell, that is when you should buy and it hasn't happened yet.

I've held since Jan of 2012, and I almost sold everything at $400, so what does that say?

Strong hands get shaky sometimes? At least you didn't, but sell everything? How can you even contemplate that Huh

dropt

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Quote from: DieJohnny on July 15, 2014, 12:16:54 PM

I don't think we have seen despair yet, why? because i never wanted to sell my coins. I am like a human despair meter. If i want to sell, that is when you should buy and it hasn't happened yet.

I've held since Jan of 2012, and I almost sold everything at $400, so what does that say?

efreeti

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Quote from: wobber on July 15, 2014, 10:14:08 AM

Quote from: DieJohnny on July 15, 2014, 10:08:37 AM

Quote from: wobber on July 15, 2014, 03:11:50 AM

Actually my question is: will the bubble happen because most people expect it or will it not happen also because too many people take it as a certainty?

If everyone expects it, it will never happen, my take is we still need despair to enter the market, little three day drops into oblivion don't count. We need a three week plunge into the abyss.

Agree.

People can see bubble but don't know when price correction will happen. Last phase of bubble can still make speculator a great deal of money.

DieJohnny

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Quote from: T.Stuart on July 15, 2014, 12:29:25 PM

Quote from: DieJohnny on July 15, 2014, 12:16:54 PM

I don't think we have seen despair yet, why? because i never wanted to sell my coins. I am like a human despair meter. If i want to sell, that is when you should buy and it hasn't happened yet.

You've become adrenalin-tolerant and you don't realise it. Cheesy

Maybe so, looking at bitcoin price no matter what it was used to get my heart racing.... now not so much.

I used to check bitcoin price 50 times a day. Now I may not check it an entire week.

If you look at the price from Feb to now, I think the only word to describe everything is BORING.

T.Stuart

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One Token to Move Anything Anywhere

Quote from: DieJohnny on July 15, 2014, 12:16:54 PM

I don't think we have seen despair yet, why? because i never wanted to sell my coins. I am like a human despair meter. If i want to sell, that is when you should buy and it hasn't happened yet.

You've become adrenalin-tolerant and you don't realise it. Cheesy

DieJohnny

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Quote from: dropt on July 15, 2014, 11:10:29 AM

Quote from: DieJohnny on July 15, 2014, 10:08:37 AM

If everyone expects it, it will never happen, my take is we still need despair to enter the market, little three day drops into oblivion don't count. We need a three week plunge into the abyss.

We already had that. IMO we're in the post despair "return to norm/mean". I don't see why immediately after the market goes through despair we need to hump another bubble into the sky. Hell, see charts from 2012, price went sideways for damn near a year before anything really happened.

I don't think we have seen despair yet, why? because i never wanted to sell my coins. I am like a human despair meter. If i want to sell, that is when you should buy and it hasn't happened yet.

wobber

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Quote from: dropt on July 15, 2014, 11:10:29 AM

Quote from: DieJohnny on July 15, 2014, 10:08:37 AM

If everyone expects it, it will never happen, my take is we still need despair to enter the market, little three day drops into oblivion don't count. We need a three week plunge into the abyss.

We already had that. IMO we're in the post despair "return to norm/mean". I don't see why immediately after the market goes through despair we need to hump another bubble into the sky. Hell, see charts from 2012, price went sideways for damn near a year before anything really happened.

Actually it was stable since mid February to start of June.

dropt

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Quote from: DieJohnny on July 15, 2014, 10:08:37 AM

If everyone expects it, it will never happen, my take is we still need despair to enter the market, little three day drops into oblivion don't count. We need a three week plunge into the abyss.

We already had that. IMO we're in the post despair "return to norm/mean". I don't see why immediately after the market goes through despair we need to hump another bubble into the sky. Hell, see charts from 2012, price went sideways for damn near a year before anything really happened.

wobber

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Quote from: DieJohnny on July 15, 2014, 10:08:37 AM

Quote from: wobber on July 15, 2014, 03:11:50 AM

Actually my question is: will the bubble happen because most people expect it or will it not happen also because too many people take it as a certainty?

If everyone expects it, it will never happen, my take is we still need despair to enter the market, little three day drops into oblivion don't count. We need a three week plunge into the abyss.

Agree.

DieJohnny

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Quote from: wobber on July 15, 2014, 03:11:50 AM

Actually my question is: will the bubble happen because most people expect it or will it not happen also because too many people take it as a certainty?

If everyone expects it, it will never happen, my take is we still need despair to enter the market, little three day drops into oblivion don't count. We need a three week plunge into the abyss.

Topic: Is wobber right? - page 2. (Read 5345 times)