Author

Topic: Next week double top @5530 CNY down we go... (Read 1256 times)

hero member
Activity: 2870
Merit: 574
Vave.com - Crypto Casino
December 05, 2016, 11:38:31 PM
#23
Yeah boys dream is over next week, its time for a correction and a 3 month break before we go up again...


And people say that bitcoin is dead all the time.

And people say that bitcoin will never sustain a long time above $100.

And people say that bitcoin is a ponzi scheme.

People can say anything they want. But it is likely to be bullshit, without proof or explanation. Roll Eyes

i heard about this and i think that people is not correctly understand with bitcoin, they just get scam by an investment programs so they can called bitcoin is bad thing that they should stay away. but for the truly, bitcoin have a potential and good benefit because bitcoin is not an using any programs to help the peoples itself. bitcoin is only a good investment and i hope peoples in out there can understand this.
sr. member
Activity: 268
Merit: 250
December 05, 2016, 11:33:26 PM
#22
Historical data suggests the op's pessimism is correct.

I'm also predicting a rise to 800-850 in a few days' time, and then a slow but accelerating decline for the next 5-7 weeks. Don't worry, though, as we will see a return back to 500 by March/April 2017.

Historical data on your bullshit suggests you're a numbnut.
Why you so angry, bro? Does your butt hurt? Go see a proctologist.

Far from angry "bro", just pointing out your continuous spouts of bullshit make you look like the idiot troll you are  Wink
You, my friend, are the idiot troll. I was only pointing out the historical rise and crash during the December/January drama over the last 4-5 years. Why you are so butt-hurt over the facts is beyond me. Maybe your having a period?

Who's butt-hurt now bro or troll?
legendary
Activity: 1036
Merit: 1000
December 05, 2016, 10:18:59 PM
#21
Historical data suggests the op's pessimism is correct.

I'm also predicting a rise to 800-850 in a few days' time, and then a slow but accelerating decline for the next 5-7 weeks. Don't worry, though, as we will see a return back to 500 by March/April 2017.

Historical data on your bullshit suggests you're a numbnut.
Why you so angry, bro? Does your butt hurt? Go see a proctologist.

Far from angry "bro", just pointing out your continuous spouts of bullshit make you look like the idiot troll you are  Wink
You, my friend, are the idiot troll. I was only pointing out the historical rise and crash during the December/January drama over the last 4-5 years. Why you are so butt-hurt over the facts is beyond me. Maybe your having a period?
sr. member
Activity: 268
Merit: 250
December 05, 2016, 09:56:15 PM
#20
Nothing HAS to go up over time.
The price is set by the market. Supply and DEMAND.
If suddenly everyone decided they don't like Bitcoin anymore, the value could go to zero.
Zero demand = zero price.


You are correct with demand. If Bitcoin demand drops below the amount of coin being produced than price would follow. However, that is not the case today. There is no RATIONAL reason to be be negative towards Bitcoin's price ATM. Most signs, charts, news, etc.. point towards the price increasing in the near term, not decreasing. The last bear market seems to have people still shook.
legendary
Activity: 1288
Merit: 1000
December 05, 2016, 08:57:28 PM
#19
btc must correct now if it does continue to go up more we can expect a bigger flash crash from 8/900$ back to 600 in 2 weeks

i dont get all people who think btc will just keep on rising dudes this is not a lottery u wont be rich in a few months it takes years...

You do realize that Bitcoin is deflationary and it HAS to go up over time, right? You do also realize that we are OUT of the bear market, right? Right? I believe the best course of action at this point would be cautious optimism. I just don't get all the negative nancys around here? Are all you guys paid trolls or just failed bad and got burned day trading BTC? Inquiring minds would like to know.
Quake is right, there is no way or need for BTC to correct itself now, especially not so low as $200 below current price.
It is rather the opposite, with India and Africa advancing in the bitcoin rush $800 is real possibility next week.
From the other hand, beside natural market resistance nothing is dragging BTC price down.
sr. member
Activity: 434
Merit: 250
December 05, 2016, 07:32:21 PM
#18
Nothing HAS to go up over time.
The price is set by the market. Supply and DEMAND.
If suddenly everyone decided they don't like Bitcoin anymore, the value could go to zero.
Zero demand = zero price.
sr. member
Activity: 268
Merit: 250
December 05, 2016, 07:11:20 PM
#17
btc must correct now if it does continue to go up more we can expect a bigger flash crash from 8/900$ back to 600 in 2 weeks

i dont get all people who think btc will just keep on rising dudes this is not a lottery u wont be rich in a few months it takes years...

You do realize that Bitcoin is deflationary and it HAS to go up over time, right? You do also realize that we are OUT of the bear market, right? Right? I believe the best course of action at this point would be cautious optimism. I just don't get all the negative nancys around here? Are all you guys paid trolls or just failed bad and got burned day trading BTC? Inquiring minds would like to know.
hero member
Activity: 644
Merit: 500
December 05, 2016, 04:34:09 PM
#16
btc must correct now if it does continue to go up more we can expect a bigger flash crash from 8/900$ back to 600 in 2 weeks

i dont get all people who think btc will just keep on rising dudes this is not a lottery u wont be rich in a few months it takes years...
legendary
Activity: 1442
Merit: 1016
December 05, 2016, 09:45:22 AM
#15
Who gives a damn about corrections when you're in for long?!
Let it rise, let it correct.And after that we repeat this whole cycle again.
I can already smell the fudsters and their "growth is over" propaganda.
It's always the same.Boring!!!!!
legendary
Activity: 966
Merit: 1006
December 05, 2016, 07:00:27 AM
#14
I also agree with OP that there could be some price correction after this price surge recently either due to manipulation by whales or because of some traders pulling out their profit. But we all know that pump - correction - pump - correction - pump .... pattern shows the natural and healthy price growth rather than huge pump followed by huge dump.
sr. member
Activity: 266
Merit: 250
Invulner
December 05, 2016, 02:37:10 AM
#13
Yeah boys dream is over next week, its time for a correction and a 3 month break before we go up again...


And people say that bitcoin is dead all the time.

And people say that bitcoin will never sustain a long time above $100.

And people say that bitcoin is a ponzi scheme.

People can say anything they want. But it is likely to be bullshit, without proof or explanation. Roll Eyes
legendary
Activity: 2170
Merit: 1427
December 05, 2016, 02:33:08 AM
#12
Current price is overbought which makes even the biggest noobs realize that a serious correction is imminent. Correction back to sub $700 prices is the most realistic scenario this month. Targets are ~$670 at the lowest (for now), where after that we will see the price climb back up to $700 levels somewhere in January. We're sitting on the edge of a cliff at this point as the market has no steam left to push itself forwards. I am sure people waiting for the price to go down, will see it as a more than welcome correction.
legendary
Activity: 3472
Merit: 10611
December 05, 2016, 01:13:35 AM
#11
Yeah boys dream is over next week, its time for a correction and a 3 month break before we go up again...

that is right boyo. in the next week price will break $800 resistance and go to $850 and then the "correction" happens bringing back the price to $820 and becoming stable there Cheesy
hero member
Activity: 1008
Merit: 520
Undeads.com - P2E Runner Gamem
December 05, 2016, 12:08:52 AM
#10
this now bitcoin price down trend
maybe only corection and up again, or maybe effect italian referendum
if only corection price, can up again before christmat and get reach 800 dollar/bitcoin
hero member
Activity: 1036
Merit: 520
December 04, 2016, 10:59:09 PM
#9
it looks to me like Kuakduck has gotten himself a couple of more new accounts because his old account is a known troll and nobody cares about what he said. but his mistake is that he thinks we look at the name of the account! no we look at your history and that size of the bullshit you say.
sr. member
Activity: 268
Merit: 250
December 04, 2016, 10:49:14 PM
#8
Historical data suggests the op's pessimism is correct.

I'm also predicting a rise to 800-850 in a few days' time, and then a slow but accelerating decline for the next 5-7 weeks. Don't worry, though, as we will see a return back to 500 by March/April 2017.

Historical data on your bullshit suggests you're a numbnut.
Why you so angry, bro? Does your butt hurt? Go see a proctologist.

Far from angry "bro", just pointing out your continuous spouts of bullshit make you look like the idiot troll you are  Wink
legendary
Activity: 1036
Merit: 1000
December 04, 2016, 10:31:20 PM
#7
Historical data suggests the op's pessimism is correct.

I'm also predicting a rise to 800-850 in a few days' time, and then a slow but accelerating decline for the next 5-7 weeks. Don't worry, though, as we will see a return back to 500 by March/April 2017.

Historical data on your bullshit suggests you're a numbnut.
Why you so angry, bro? Does your butt hurt? Go see a proctologist.
full member
Activity: 219
Merit: 100
Art is the triumph over chaos
December 04, 2016, 09:09:23 PM
#6
Did someone pay you to say this ?
legendary
Activity: 1862
Merit: 1004
December 04, 2016, 08:37:47 PM
#5
Historical data is not accurate in current economic situation, general bitcoin attitude is shifting to be very positive.
I bet during that time your historical data was collected FIAT and Gold in India wasn't repressed and Yuan wasn't devaluated like crazy by Chinese government.
United Kingdom was still in EU and Trump wasn't a POTUS - whole context changed, you can't view history as a paradigm.
sr. member
Activity: 268
Merit: 250
December 04, 2016, 07:25:45 PM
#4
Historical data suggests the op's pessimism is correct.

I'm also predicting a rise to 800-850 in a few days' time, and then a slow but accelerating decline for the next 5-7 weeks. Don't worry, though, as we will see a return back to 500 by March/April 2017.

Historical data on your bullshit suggests you're a numbnut.
legendary
Activity: 1036
Merit: 1000
December 04, 2016, 06:35:17 PM
#3
Historical data suggests the op's pessimism is correct.

I'm also predicting a rise to 800-850 in a few days' time, and then a slow but accelerating decline for the next 5-7 weeks. Don't worry, though, as we will see a return back to 500 by March/April 2017.
sr. member
Activity: 434
Merit: 250
December 04, 2016, 05:37:01 PM
#2
Interested what data or information you are basing this on.

I do think that the recent rise seems pretty strange since there is absolutely no good news in the last few weeks.
(Actually most of the news I've heard is about fighting over segwit and confirmation and blocksize issues.)

Most people in the West are going to be spending money on holiday gifts and travels,
so its up to Asia if we are going to see an increase in the price of BTC.
hero member
Activity: 644
Merit: 500
December 04, 2016, 05:30:41 PM
#1
Yeah boys dream is over next week, its time for a correction and a 3 month break before we go up again...


Jump to: