Topic: Prepare for the new influx of buyers (Read 4211 times)
Doppelpost.
Told you it was a big bear trap 
You can't say that until the price breeches the $900 mark, in which case all technical analysis would point to much higher prices ahead.
However, Bitcoin is still a small market and we all know that there are numerous Bitcoin whales already looking at 10000% (or more) profit. Not bad by anyone's reckoning. Should any of these guys think it is time to cash in or indeed conspire to drive market lower for whatever reasons they may have, then this sucker could go right down.
More often than not, 'predictions' and statements such as the one above, is a mere projection of the posters will.
Today and yesterday was the first time in history that there was about 2 hours of airtime regarding bitcoin for 2 straight days.
Many people learned about Bitcoin for the first time.
So look at it like this.
2 Days for verification
3 days for wire
You can bet that next week the price is going to skyrocket based on all of the attention that Bitcoin received yesterday and today
Consider this correction huge bear trap
Many people learned about Bitcoin for the first time.
So look at it like this.
2 Days for verification
3 days for wire
You can bet that next week the price is going to skyrocket based on all of the attention that Bitcoin received yesterday and today
Consider this correction huge bear trap
Not just Bitcoin....it's happening to the altcoins: http://coinmarketcap.com/
Altcoins follow bitcoin in almost every aspect , well , some do fail unlike bitcoin.
Credits to OP
Though I feel a sharp downtrend in the coming days (after the first wave of new buyers purchased), this has been spot on. We've almost recovered from that 20k dump the other day.
Though I feel a sharp downtrend in the coming days (after the first wave of new buyers purchased), this has been spot on. We've almost recovered from that 20k dump the other day.
Today and yesterday was the first time in history that there was about 2 hours of airtime regarding bitcoin for 2 straight days.
Many people learned about Bitcoin for the first time.
So look at it like this.
2 Days for verification
3 days for wire
You can bet that next week the price is going to skyrocket based on all of the attention that Bitcoin received yesterday and today
Consider this correction huge bear trap
Many people learned about Bitcoin for the first time.
So look at it like this.
2 Days for verification
3 days for wire
You can bet that next week the price is going to skyrocket based on all of the attention that Bitcoin received yesterday and today
Consider this correction huge bear trap
Not just Bitcoin....it's happening to the altcoins: http://coinmarketcap.com/
I think there will be no new people get into bitcoin until the price starts to relax... And for many starters this high price will be daunting. They think at the worth of the corporate shares which really rarely go beyond 500$.
We need the price for mBTC!
We need the price for mBTC!
Thats why new people need weeks to gather all the info about Bitcoin because 500$ per share really look high.
Told you it was a big bear trap
i dunno about this. this rally wasnt about news. price follows price, and if a downtrend is established.....
Dude why are you even here? Trolls will troll.
I have found in the past the level of arrogance and hubris evident on this forum is often a good contrarian indicator for trading Bitcoin.
....so I like to keep an eye on the crap that Bitcoin lunatics are spouting......just keeping myself in the fold.
It`s true. I call it the `Bitcoin Talk Market Indicator`. It`s better than any technical indicator. What you do is read this message board once a day. As soon as you find at least two new topics created in the span of one day that confidently announce Bitcoin will hit $100,000+ (and that now is that last time to buy for cheap), wait exactly two weeks and then sell your holdings
Wait one more week and buy, and then wait a few months. Rinse and repeat
I went all in the day after I heard of bitcoin. And I am damn glad I did!
If that is true, u must be fkn rolling in it.
I always used Btc for buying stuff....but never started speculating till after the last crash.
Dude why are you even here? Trolls will troll.
I have found in the past the level of arrogance and hubris evident on this forum is often a good contrarian indicator for trading Bitcoin.
....so I like to keep an eye on the crap that Bitcoin lunatics are spouting......just keeping myself in the fold.
It takes weeks if not months for average person to invest larger amount of money. You went all in five days after you first heard of bitcoin?
I went all in the day after I heard of bitcoin. And I am damn glad I did!
I'm not prepared for the new influx of buyers!!! What do I do? What do I do? 
Who in their right mind is going to throw a big pile of cash at something that has just crashed from $900 to $500?
BTC has never crashed. It has corrected. There's a difference. Dress it up how you will.
If I invested $500 in something and within a year, it went to $900, I would be over the moon.
If on the otherhand I invested in an asset that within the space of a year, collapsed almost 50%, I would be in a state of despair.
Dude why are you even here? Trolls will troll.
Who in their right mind is going to throw a big pile of cash at something that has just crashed from $900 to $500?
BTC has never crashed. It has corrected. There's a difference. Dress it up how you will.
If I invested $500 in something and within a year, it went to $900, I would be over the moon.
If on the otherhand I invested in an asset that within the space of a year, collapsed almost 50%, I would be in a state of despair.
Quote
Prepare for the new influx of buyers that never comes
FTFY
OK, they will come -- but much later. Look at China: Fiat to the exchanges in under 5 minutes, but buying is subdued. The crash isn't because of "lack of fiat", it's because "areyoumotherfuckinginsaneitjustrose1700%"!
I think there will be no new people get into bitcoin until the price starts to relax... And for many starters this high price will be daunting. They think at the worth of the corporate shares which really rarely go beyond 500$.
We need the price for mBTC!
We need the price for mBTC!
So does this mean 1000+ before new years?
Who in their right mind is going to throw a big pile of cash at something that has just crashed from $900 to $500?
BTC has never crashed. It has corrected. There's a difference.
Haha Magical Internet Money. There are a million crappy altcoins and none of them chose this name?
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