Massive rebound incoming - page 2. | Bitcointalksearch.org

Bitobsessed

sr. member

Activity: 291

Merit: 250

Quote from: TooCasual on July 07, 2013, 03:23:04 PM

It will be in the 90's by next week. Great news, Gox on track... Long weekend over.

Lower floor reached last week... Rebound and upswing starting again.

Buy now while its cheap and make your 30%+ when she hits 100...

TC

Because TC said so.

Ares

full member

Activity: 238

Merit: 100

Quote from: TooCasual on July 07, 2013, 03:23:04 PM

It will be in the 90's by next week. Great news, Gox on track... Long weekend over.

Lower floor reached last week... Rebound and upswing starting again.

Buy now while its cheap and make your 30%+ when she hits 100...

TC

Miz4r

legendary

Activity: 1246

Merit: 1000

Quote from: TooCasual on July 07, 2013, 03:23:04 PM

It will be in the 90's by next week. Great news, Gox on track... Long weekend over.

Lower floor reached last week... Rebound and upswing starting again.

Buy now while its cheap and make your 30%+ when she hits 100...

TC

Cheers mate. Grin

TooCasual

member

Activity: 114

Merit: 10

You can't be Serious?!?

It will be in the 90's by next week. Great news, Gox on track... Long weekend over.

Lower floor reached last week... Rebound and upswing starting again.

Buy now while its cheap and make your 30%+ when she hits 100...

TC

mufa23

legendary

Activity: 1022

Merit: 1001

I'd fight Gandhi.

Quote from: kleeck on July 07, 2013, 03:15:45 PM

Quote from: mufa23 on July 07, 2013, 03:04:31 PM

Quote from: freedomno1 on July 07, 2013, 02:34:08 PM

Rally

Oohhhhh yeeeaaaaaahh! Cool

Everyone's starting to freak out on the btc-e chat.

Well there you have it, guys! BTC-E's troll box is exploding! Buy 'em while they're cheap!!!!

Well now it's all about religion... Meh. But take a look at mtgoxlive right now!

kleeck

hero member

Activity: 532

Merit: 500

https://karatcoin.co

Quote from: mufa23 on July 07, 2013, 03:04:31 PM

Quote from: freedomno1 on July 07, 2013, 02:34:08 PM

Rally

Oohhhhh yeeeaaaaaahh! Cool

Everyone's starting to freak out on the btc-e chat.

Well there you have it, guys! BTC-E's troll box is exploding! Buy 'em while they're cheap!!!!

mufa23

legendary

Activity: 1022

Merit: 1001

I'd fight Gandhi.

Quote from: freedomno1 on July 07, 2013, 02:34:08 PM

Rally

Oohhhhh yeeeaaaaaahh! Cool

Everyone's starting to freak out on the btc-e chat.

Kazu

full member

Activity: 168

Merit: 100

Can people please stop calling things bear-traps and bull-traps? Its really getting on my nerves. A bear can easily profit from a bear-trap by selling at the top and buying at the bottom and a bull can easily profit from a bull-trap by buying at the bottom and selling at the top. So honestly the entire thing of "your just buying into a bull trap or selling into a bear trap" is ludicrous considering you can actually make money by being 'trapped.'

freedomno1

legendary

Activity: 1806

Merit: 1090

Learning the troll avoidance button :)

Rally

pera

sr. member

Activity: 532

Merit: 261

バカ

Quote from: Malawi on July 06, 2013, 07:14:45 PM

[...]
A massive rally in a bear market is likely a dead cat bounce(bull-trap). It most likely have to stabilize at some price before it can take off again in a meaningful way.

You are right except that we are not in a "bear market": this is just a drowned fish (bear-trap)

prophetx

legendary

Activity: 1666

Merit: 1010

he who has the gold makes the rules

i dont think we have hit a period of capitulation for the traders as of yet, and certainly not the miners.

also we have to factor in a few things that are happening.

first, the velocity of money flowing between USD and BTC may have slowed down recently due to certain avenues becoming closed for people to buy into BTC

second, the money supply of dollars for btc which is manifested in spot price is decreasing to pay for all those ASICs being produced.

until those fundamentals change, and they will but not until end of summer or early fall, we will be stuck in this downtrend

chriswilmer

legendary

Activity: 1008

Merit: 1000

I think Coinsetter starting up in July is going to be a factor in this rebound.

Also looking forward to more announcements from Mt.Gox in the next week or two.

monkofnothing

newbie

Activity: 36

Merit: 0

Quote from: Jaroslaw on July 06, 2013, 04:10:34 AM

no rebound till i finish my dumps

I had a grandpa that talked about his daily dumps too. Roll Eyes

you either want everybody to think you have the power and the wealth or you are into punishing yourself and want everyone to think this down trend is your fault. It is my experience in these hills, movers and shakers operate in secret. It's the wanna bees that take the credit. And the real movers and shakers are fine with that.

elasticband

legendary

Activity: 1036

Merit: 1000

Nighty Night Don't Let The Trolls Bite Nom Nom Nom

Quote from: superduh on July 05, 2013, 09:38:10 PM

http://www.google.com/trends/explore?q=xrp%2C+btc#q=bitcoin&date=1%2F2013%2012m&cmpt=q

google trends goin up

it's interesting to see the "avalon bitcoin" trend

PerfectAgent

sr. member

Activity: 252

Merit: 250

Still the Best 1973

The general trend is still down.

fleabag

member

Activity: 98

Merit: 10

Quote from: worldinacoin on July 07, 2013, 08:53:22 AM

Better don't put all your eggs in one basket, just taken a look, price is now $69.50 Sad

starting to go up yay! now I just need to get back to $100 to break even.

worldinacoin

hero member

Activity: 756

Merit: 500

Better don't put all your eggs in one basket, just taken a look, price is now $69.50 Sad

fleabag

member

Activity: 98

Merit: 10

are there really people with hundred's of thousands of dollars really trying to day trade bitcoins? personally I dont think the risk is worth the reward on an unregulated market. if you buy 500 coins that is say $35000. you are paying a premium in the form of a dollar or two spread because it is so thinly traded and same on the back end when you sell. so you are basically down $1000 minimum on the spread buying and selling. so if has to go up $3 for you to make $1 on each coin. not worth it in my book.

RyNinDaCleM

legendary

Activity: 2408

Merit: 1009

Legen -wait for it- dary

Quote from: tstang on July 06, 2013, 08:27:28 PM

Personally,

Bitcoin started as proof of concept and mostly geeks are into it.

Then it grew big and financial people got into the bandwagon.

As with all financial instruments, speculation and hedging got into the game too.

Hence, price will move up and down.

The big boys will try to push up the price, and the rest of the boys will be chasing it. Then they will sell out (cash out), then there will be panic selling. This is VERY COMMON in stock market .

There are two players in Bitcoin Price :

1. The Miners
2. The Traders.

Price will eventually stablised when it makes more sense to Trade rather than to mine. Anything BELOW that, is a BUY for Bitcoin, anything ABOVE that is speculative price.

This is the basic of ECONOMICS, DEMAND and SUPPLY curve.

Dude! Are you going to spam this whole board with this?
https://bitcointalksearch.org/topic/m.2670888

tstang

full member

Activity: 178

Merit: 100

Personally,

Bitcoin started as proof of concept and mostly geeks are into it.

Then it grew big and financial people got into the bandwagon.

As with all financial instruments, speculation and hedging got into the game too.

Hence, price will move up and down.

The big boys will try to push up the price, and the rest of the boys will be chasing it. Then they will sell out (cash out), then there will be panic selling. This is VERY COMMON in stock market .

There are two players in Bitcoin Price :

1. The Miners
2. The Traders.

Price will eventually stablised when it makes more sense to Trade rather than to mine. Anything BELOW that, is a BUY for Bitcoin, anything ABOVE that is speculative price.

This is the basic of ECONOMICS, DEMAND and SUPPLY curve.

Topic: Massive rebound incoming - page 2. (Read 5414 times)