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Topic: Who sold below $550? The $400 bottom is in LOL!!!! - page 2. (Read 9559 times)

legendary
Activity: 980
Merit: 1000
Need a campaign manager? PM me
The '400$ bottom' myth is about to get busted.  Grin

lol I guess I was wrong.

What's more important is my prediction for the rest of the year.  Cheesy

What is important is that you can make a lot of money by playing these swings.
legendary
Activity: 1722
Merit: 1000
IMO a dip below $400 for less than 8 hours proves $400 is the current bottom...
Sorry to say, but it proves nothing.

March.. April now may and only 8 hours below $400.......................................................................................
member
Activity: 92
Merit: 10
IMO a dip below $400 for less than 8 hours proves $400 is the current bottom...
Sorry to say, but it proves nothing.
legendary
Activity: 1722
Merit: 1000
The '400$ bottom' myth is about to get busted.  Grin

.. Not really..  IMO a dip below $400 for less than 8 hours proves $400 is the current bottom...
sr. member
Activity: 406
Merit: 250
Where is igorr? I miss that big cuddly bear with poor syntax.

I'm here,

Just look the price and and enjoy.

View Screen Capture
legendary
Activity: 1764
Merit: 1031
Where is igorr? I miss that big cuddly bear with poor syntax.
legendary
Activity: 2492
Merit: 1491
LEALANA Bitcoin Grim Reaper
The '400$ bottom' myth is about to get busted.  Grin

lol I guess I was wrong.

What's more important is my prediction for the rest of the year.  Cheesy
hero member
Activity: 700
Merit: 500
So bringing this ghost back up a month later to argue we are moving sideways folks
Repeat we are moving sideways

legendary
Activity: 2170
Merit: 1094
The '400$ bottom' myth is about to get busted.  Grin
sr. member
Activity: 406
Merit: 250
i believe in the prediction above me. if history repeats then we will see 5,000$ very soon. in the next year. people just need to believe and hold. its wroth it

I think for 120 years we will see 1 milion usd per BTC.
sr. member
Activity: 434
Merit: 251
i believe in the prediction above me. if history repeats then we will see 5,000$ very soon. in the next year. people just need to believe and hold. its wroth it
legendary
Activity: 2492
Merit: 1491
LEALANA Bitcoin Grim Reaper
Grin Grin Grin

New ATH by end of July 2014 here we come.

$5000 by the end of 2014 here we come!

Do you still stand by that prediction?

Yes.
legendary
Activity: 1764
Merit: 1031
Why do you keep feeding him? Acknowledgement is what he lives for


Not for much longer.
igorr took a big loan from the Russian mafia for a short that isn't working out as he hoped. Now they want it back and it's not looking good for him...

He started in on this a little above $500 iirc.
If it was a big loan, then I'd say he did pretty well as long as he covered around $440.

Elsewhere he claims to be shorting down to 200.
Of course, anything he says I take with a truckload of salt.
sr. member
Activity: 280
Merit: 250
but @$500 and now $465
wtf, why many ppl sold their BTC in last day
isn't china bank just a rumour
sr. member
Activity: 448
Merit: 250
Bitcoin super-duper-mega-ultra-hyper-node
Grin Grin Grin

New ATH by end of July 2014 here we come.

$5000 by the end of 2014 here we come!

Do you still stand by that prediction?
legendary
Activity: 2408
Merit: 1009
Legen -wait for it- dary
Why do you keep feeding him? Acknowledgement is what he lives for


Not for much longer.
igorr took a big loan from the Russian mafia for a short that isn't working out as he hoped. Now they want it back and it's not looking good for him...

He started in on this a little above $500 iirc.
If it was a big loan, then I'd say he did pretty well as long as he covered around $440.
legendary
Activity: 1764
Merit: 1031
Why do you keep feeding him? Acknowledgement is what he lives for


Not for much longer.
igorr took a big loan from the Russian mafia for a short that isn't working out as he hoped. Now they want it back and it's not looking good for him...
hero member
Activity: 707
Merit: 500
Why do you keep feeding him? Acknowledgement is what he lives for

LOG scale mask real condition,

igorr, you filthy troll, log scale is valid precisely because of the trend that g4c pointed out.

He post fake picture,

Here is real situation: http://bitcoinity.org/markets/bitstamp/USD

No Igorr, I did not post a fake picture, the log graph was not altered.

Do you know what a log scale is? And how it's useful when alalysing high dynamic range data?


sr. member
Activity: 406
Merit: 250
legendary
Activity: 1764
Merit: 1031

http://en.wikipedia.org/wiki/Keynesian_beauty_contest <<<< price drop cuz of this stupid reason...

Smiley
Got to love the Keynesian Beauty Contest. In bitcoin, thousands of people trying to second, third, tenth guess each other. But bear in mind it works both ways - they guess up as well as down.
I was surprised to wake up this morning to find the price still hovering around the 500 mark, and lower volumes. Inasmuch as I know anything about TA (which is not a lot) it looks like 500 is pretty key after all. I really did think it was going to dive a bit deeper here and there even if that was the case. I guess it still might, but I thought if it was going to happen it would have been last night.

There it is, firmly in mid-400s territory. Not sure why people took their time but there you have it.
(Not trying to claim any credit for getting it right, since I wasn't and it was an assumption rather than a brilliant inference given to my by cosmofly's autistic savant friend.)
I do wonder how much money has left bitcoin in the last 3 months. $1100 to ~$450 is a drop of 60%, but much more than 60% of money must have been taken out since, of course, not everyone who holds btc worth $x actually paid that for them (i.e. at $450 most people have bought at less than that, it's just the last few buyers who pushed it over the $450 mark). I've asked this question before and haven't been able to figure out an answer, but I assume that something like 80% or more of the total money put into bitcoin has been yanked out as people sold down to where we are now. Which is one heck of a loss of confidence.
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