Ladies and Gentleman, There goes $9 - page 2.

adamstgBit

legendary

Activity: 1904

Merit: 1037

Trusted Bitcoiner

Quote from: proudhon on July 16, 2012, 08:48:54 PM

Quote from: Qoheleth on July 16, 2012, 08:44:32 PM

Quote from: notme on July 16, 2012, 08:42:12 PM

Quote from: proudhon on July 16, 2012, 08:40:20 PM

Seriously? WTF is going on? This makes no sense.

We won't stop until you take down that bear.

I can't speak for Proudhon, but this kind of momentum is making me more bearish.

It's too fast, for too little of a reason. It smells like bubble.

I fully expect we'll visit the $6s again. The first person to sell a few thousand will start a sell off.

dude its over stop holding on to a clearly dead bear.

This is it Bubble #2 is about to start!
Let us all remember the game plan 12$ is the "top", 8$ is the bottom, and then sky is the fucking limit!

proudhon

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Activity: 2198

Merit: 1311

Quote from: zhalox on July 16, 2012, 08:48:43 PM

Nope, this is elliott wave theory guys, the price is gonna hit $30, then $100. Bitcoin is undervalued, now that people understand it, they will hold tight, the market matured significantly since last summer's high of $31.90. Perhaps, we could see $100 before the end of the year

I agree that both the market and the infrastructure has significantly improved, but I have a hard time accepting that the improvement is worth this much.

proudhon

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Activity: 2198

Merit: 1311

Quote from: Qoheleth on July 16, 2012, 08:44:32 PM

Quote from: notme on July 16, 2012, 08:42:12 PM

Quote from: proudhon on July 16, 2012, 08:40:20 PM

Seriously? WTF is going on? This makes no sense.

We won't stop until you take down that bear.

I can't speak for Proudhon, but this kind of momentum is making me more bearish.

It's too fast, for too little of a reason. It smells like bubble.

I fully expect we'll visit the $6s again. The first person to sell a few thousand will start a sell off.

zhalox

full member

Activity: 176

Merit: 106

XMR = BTC in 2010. Rise chikun.

Nope, this is elliott wave theory guys, the price is gonna hit $30, then $100. Bitcoin is undervalued, now that people understand it, they will hold tight, the market matured significantly since last summer's high of $31.90. Perhaps, we could see $100 before the end of the year

Serge

legendary

Activity: 1050

Merit: 1000

Quote from: notme on July 16, 2012, 08:47:11 PM

Quote from: Qoheleth on July 16, 2012, 08:44:32 PM

It's too fast, for too little of a reason. It smells like bubble.

Bubbles are driven by hype. Where's they hype?

hype is late to this party, it will follow with next wave

notme

legendary

Activity: 1904

Merit: 1002

Quote from: Qoheleth on July 16, 2012, 08:44:32 PM

It's too fast, for too little of a reason. It smells like bubble.

Bubbles are driven by hype. Where's they hype?

paraipan

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Activity: 924

Merit: 1004

Firstbits: 1pirata

Quote from: humanitee on July 16, 2012, 08:41:54 PM

Quote from: proudhon on July 16, 2012, 08:40:20 PM

Seriously? WTF is going on? This makes no sense.

NSFW (edit by Blitz) http://latimesblogs.latimes.com/photos/uncategorized/2008/08/22/dead_bear_killed_and_poached.jpg

EPIC!

ColdHardMetal

hero member

Activity: 700

Merit: 500

Quote from: proudhon on July 16, 2012, 08:40:20 PM

Seriously? WTF is going on? This makes no sense.

I sold some BTC is what. As history has taught me, the moment I sell something the price immediately jumps. The converse is also true. I try to use this power only for good.

MatthewLM

legendary

Activity: 1190

Merit: 1004