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Topic: i've got a feeling - page 2. (Read 5965 times)

hero member
Activity: 1302
Merit: 502
August 27, 2012, 09:25:01 AM
#49
Scumbag kentrolla, buys us up to $12.15 to win a bet.  Tongue
legendary
Activity: 1106
Merit: 1001
August 27, 2012, 09:18:07 AM
#48
good morning.

just to clarify, the bet was the daily high today would be >$12.   So, no matter what happens, I still won the bet.

Although, I do think we will end the day >$12 anyway.

The concept of a "bullish crash" has probably been explained on these forums before.  The simple version is: The coins were moving into stronger hands.  There's more to it than that, but I'll keep it simple for now.

The reason this last crash seemed so bullish to me was: there was that obvious fake stairway formation and yet we still weren't crashing any further even though it would require >$1.4 million dollars to get to $12 at the time.

My guess was the stairway formation was there because a big player(s) wanted to keep the price low enough until the weekend to start a big rally. The reason why he/they waited until the weekend to remove the stairway is that he/they didn't want much competition to snag up the coins.

These are just a few factors that helped me decide this was indeed a "bullish crash."  For obvious reasons, I don't want to give away my bread and butter trading strategies.

All in all, it was just a guess. But a well informed one.

Next prediction:  We will break our 2012 high about a week after the big announcement coming up.


Hmmmm... I call bullshit, but well played nevertheless, kentrolla Cheesy
hero member
Activity: 1652
Merit: 569
Catalog Websites
August 27, 2012, 09:13:44 AM
#47
good morning.

just to clarify, the bet was the daily high today would be >$12.   So, no matter what happens, I still won the bet.

Although, I do think we will end the day >$12 anyway.

The concept of a "bullish crash" has probably been explained on these forums before.  The simple version is: The coins were moving into stronger hands.  There's more to it than that, but I'll keep it simple for now.

The reason this last crash seemed so bullish to me was: there was that obvious fake stairway formation and yet we still weren't crashing any further even though it would require >$1.4 million dollars to get to $12 at the time.

My guess was the stairway formation was there because a big player(s) wanted to keep the price low enough until the weekend to start a big rally. The reason why he/they waited until the weekend to remove the stairway is that he/they didn't want much competition to snag up the coins.

These are just a few factors that helped me decide this was indeed a "bullish crash."  For obvious reasons, I don't want to give away my bread and butter trading strategies.

All in all, it was just a guess. But a well informed one.

Next prediction:  We will break our 2012 high about a week after the big announcement coming up.
sr. member
Activity: 280
Merit: 250
August 27, 2012, 04:51:34 AM
#46
Looks like his 12 has been offset by a small sell-off tho. Suspense...
member
Activity: 117
Merit: 10
bitarchitect
August 27, 2012, 04:41:07 AM
#45
What's that "Bullish Crash" talk? Does anyone know?

nope!

waiting him to wake up... Huh
sr. member
Activity: 280
Merit: 250
August 27, 2012, 04:40:22 AM
#44
What's that "Bullish Crash" talk? Does anyone know?
full member
Activity: 238
Merit: 100
August 27, 2012, 04:36:49 AM
#43
Wow and I thought he's trolling. I stand corrected.

I can't wait until he tells us how he was so certain O.o

hero member
Activity: 602
Merit: 508
Firstbits: 1waspoza
August 27, 2012, 04:31:39 AM
#42
Wow and I thought he's trolling. I stand corrected.
full member
Activity: 238
Merit: 100
August 27, 2012, 03:46:29 AM
#41
legendary
Activity: 2212
Merit: 1008
August 27, 2012, 02:32:58 AM
#40
I think its obvious

either kent

A) Has a friend who has 200K that was ready to buy

or

B) Kent has 200K and was going to buy

either or I do not care let the rally commence I dunno about breaking 32 like last year but fucking A if we see close to 20 alot of people will be happy
no, its not that. If that was the case, I wouldn't make a post on the forums about it.

also, it would take >$1.4 million dollars to make that prediction


from my prediction thread:

$1.4 million is required to bring it up to $12.



I'm going to get some sleep. I'll explain why the price is $12 when I wake up.

Hint: believe it or not, but there is such thing as a "bullish crash."   ill explain later

Also, I went all-in at $8, so I'm definitely biased and it's in my best interest to persuade people to buy.

went all in in at $8 myself! all i had was $4300 in fiat sitting in the market, but i took the risk and made a pretty good chunk of change for going all in!  Thanks Pirate40!  Biggest gamble yet. made ~ $1800 if you cant do the math.
hero member
Activity: 1652
Merit: 569
Catalog Websites
August 27, 2012, 02:08:35 AM
#39
I think its obvious

either kent

A) Has a friend who has 200K that was ready to buy

or

B) Kent has 200K and was going to buy

either or I do not care let the rally commence I dunno about breaking 32 like last year but fucking A if we see close to 20 alot of people will be happy
no, its not that. If that was the case, I wouldn't make a post on the forums about it.

also, it would take >$1.4 million dollars to make that prediction


from my prediction thread:

$1.4 million is required to bring it up to $12.



I'm going to get some sleep. I'll explain why the price is $12 when I wake up.

Hint: believe it or not, but there is such thing as a "bullish crash."   ill explain later

Also, I went all-in at $8, so I'm definitely biased and it's in my best interest to persuade people to buy.
ajk
donator
Activity: 447
Merit: 250
August 27, 2012, 01:59:56 AM
#38
I think its obvious

either kent

A) Has a friend who has 200K that was ready to buy

or

B) Kent has 200K and was going to buy

either or I do not care let the rally commence I dunno about breaking 32 like last year but fucking A if we see close to 20 alot of people will be happy
hero member
Activity: 1652
Merit: 569
Catalog Websites
August 27, 2012, 01:44:15 AM
#37
kentrolla where are you getting these ideas from?
idk, lucky guesses. ¯\_(ツ)_/¯
full member
Activity: 238
Merit: 100
August 27, 2012, 01:04:16 AM
#36
Isn't the bitinstant thing going to actually be a net neutral at best?  As far as I can see it's just going to create more demand for BTC holders to use them, which means it will actually increase the sell-side of the equation as BTC are converted back to national currencies.

What we need is more actual goods and services brought into the bitcoin fold - this is what makes a currency increase in value over the long term;  the faster growth of the underlying product base than the supply of money.  I think it's great, this whole debit card thing, don't get me wrong. That being said, the bitcoin economy itself needs more of an actual economy of goods and services.

Nope. If you can use your coins faster you can keep them as coins for longer. And if you just need to -maybe- use them this weekend you don't have to cash them out at all whereas before you had to cash out as much as you might possibly need.

Easier to use ---> better money ---> more valuable

Don't forget people who think "eh, too hard to cash out, I'll pass" now they are in.

Thanks for posting that, it gave me a new point of view.
legendary
Activity: 1246
Merit: 1016
Strength in numbers
August 27, 2012, 01:02:44 AM
#35
Isn't the bitinstant thing going to actually be a net neutral at best?  As far as I can see it's just going to create more demand for BTC holders to use them, which means it will actually increase the sell-side of the equation as BTC are converted back to national currencies.

What we need is more actual goods and services brought into the bitcoin fold - this is what makes a currency increase in value over the long term;  the faster growth of the underlying product base than the supply of money.  I think it's great, this whole debit card thing, don't get me wrong. That being said, the bitcoin economy itself needs more of an actual economy of goods and services.

Nope. If you can use your coins faster you can keep them as coins for longer. And if you just need to -maybe- use them this weekend you don't have to cash them out at all whereas before you had to cash out as much as you might possibly need.

Easier to use ---> better money ---> more valuable

Don't forget people who think "eh, too hard to cash out, I'll pass" now they are in.
full member
Activity: 238
Merit: 100
August 27, 2012, 12:56:49 AM
#34
nice.
I'm pretty sure that was the lowest u could buy at

Cheers to selling above $12!  Grin
hero member
Activity: 1652
Merit: 569
Catalog Websites
August 27, 2012, 12:56:16 AM
#33
nice.
I'm pretty sure that was the lowest u could buy at
full member
Activity: 238
Merit: 100
August 27, 2012, 12:54:08 AM
#32
hey, you still might be right you know.  $12 by tomorrow right?
no, i'm talking about my prediction of a buy up to $10.7 for 20k btc (back when the price was 10.5 and it required 20k btc to get to $10.7).  I was wrong. instead the "market" did it over time and no big player did it in one big move.

I know I still will be right about my other prediction of $12 by the end of the 27th

I'm glad I took the bet on your side lol  Grin
lol you're crazy.
it's only a good bet if you know what I know.
thanks for setting up the bet on betsofbitcoin tho.

I hope you bought at ~$9.7 when I posted that prediction Smiley

Nope, I wasn't that confident in you   Sad

Trying to get in at around 11 if that is still possible lol
lol i was just going to say place a bid at 11.01

did u get in?

Just did lol

MAN do people like to panic hard!
hero member
Activity: 1652
Merit: 569
Catalog Websites
August 27, 2012, 12:52:57 AM
#31
hey, you still might be right you know.  $12 by tomorrow right?
no, i'm talking about my prediction of a buy up to $10.7 for 20k btc (back when the price was 10.5 and it required 20k btc to get to $10.7).  I was wrong. instead the "market" did it over time and no big player did it in one big move.

I know I still will be right about my other prediction of $12 by the end of the 27th

I'm glad I took the bet on your side lol  Grin
lol you're crazy.
it's only a good bet if you know what I know.
thanks for setting up the bet on betsofbitcoin tho.

I hope you bought at ~$9.7 when I posted that prediction Smiley

Nope, I wasn't that confident in you   Sad

Trying to get in at around 11 if that is still possible lol
lol i was just going to say place a bid at 11.01

did u get in?
full member
Activity: 238
Merit: 100
August 27, 2012, 12:43:58 AM
#30
hey, you still might be right you know.  $12 by tomorrow right?
no, i'm talking about my prediction of a buy up to $10.7 for 20k btc (back when the price was 10.5 and it required 20k btc to get to $10.7).  I was wrong. instead the "market" did it over time and no big player did it in one big move.

I know I still will be right about my other prediction of $12 by the end of the 27th

I'm glad I took the bet on your side lol  Grin
lol you're crazy.
it's only a good bet if you know what I know.
thanks for setting up the bet on betsofbitcoin tho.

I hope you bought at ~$9.7 when I posted that prediction Smiley

Nope, I wasn't that confident in you   Sad

Trying to get in at around 11 if that is still possible lol
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