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Topic: Pump 'n' Dump - Happening Now? (Read 5811 times)

hero member
Activity: 756
Merit: 500
It's all fun and games until somebody loses an eye
March 11, 2013, 11:59:43 AM
#53
It could happen...

Chart with trendline, R=0.7097

It could also go to zero.

Usually if your trendline has such a low fit it means you are using the wrong equation for your trendline. Try a logarithmic trendline, or maybe y=a+b*x^(1/2).
legendary
Activity: 1078
Merit: 1006
100 satoshis -> ISO code
March 09, 2013, 04:11:11 PM
#52
Proudhon has been wrong for about 6 months straight and still talking the same crap... wouldn't suprise me if he was wrong for another 6 months.

In case anyone missed this classic OP
https://bitcointalksearch.org/topic/proudhon-147907
legendary
Activity: 1400
Merit: 1013
March 09, 2013, 11:28:52 AM
#51
It could happen...



It could also go to zero.
sr. member
Activity: 250
Merit: 250
March 09, 2013, 11:24:24 AM
#50
Proudhon has been wrong for about 6 months straight and still talking the same crap... wouldn't suprise me if he was wrong for another 6 months.
hero member
Activity: 1778
Merit: 504
WorkAsPro
March 09, 2013, 11:17:37 AM
#49
If anything we are behind, requiring a correction upwards.
http://bitcoincharts.com/charts/mtgoxUSD#igDailyztgMzm1g10zm2g25zl
legendary
Activity: 2492
Merit: 1491
LEALANA Bitcoin Grim Reaper
March 06, 2013, 11:28:36 PM
#48
I F**KING TOLD YOU THIS WAS A PUMP AND DUMP!! Cheesy Cheesy

Check out this dump... BTC is crashing!!

Kudos BTC to this address please: 1FU1EX4xCEt26rezoNaEZ1rhbqA4VVP8pq

Meh, it's just another bear trap. We will be back over 50 in the next couple hours.

Doubt that very much.  Rather, I think we finally saw the top of this crazy bubble.

Oh no! Another leg up. I am putting my sell orders in at $67 for this one...

Good.  Luck.  Doubtful the price will get over $50 for a looooong time.

Your problem proudhon is that your method is goal-post moving...oh no it can't go over $7, no wait $15, no wait $20, no wait $25, no wait $30, no wait $35, no wait $40, no wait $45, no wait $50....


if your track record is any indicator of anything....it is to do the opposite of your calls...lol
legendary
Activity: 2198
Merit: 1311
March 06, 2013, 11:15:42 PM
#47
I'll just leave this here.

Quote
March 03, 2013, 08:51:34 PM
  
I hate to be that guy but I have to say yes, this is a bubble.  I can see no difference in the marketplace or the usability of btc now then during the previous bubble.  I'm calling another week of run up's and then a decline back to 10.  

Yes I know its not at 10 yet.  The decline I was referring to happens over the course of a few months.  I do hope I'm wrong but based on living through the previous bubble, I feel like I'm not.

+1
sr. member
Activity: 364
Merit: 250
March 06, 2013, 10:58:53 PM
#46
I'll just leave this here.

Quote
March 03, 2013, 08:51:34 PM
  
I hate to be that guy but I have to say yes, this is a bubble.  I can see no difference in the marketplace or the usability of btc now then during the previous bubble.  I'm calling another week of run up's and then a decline back to 10.  

Yes I know its not at 10 yet.  The decline I was referring to happens over the course of a few months.  I do hope I'm wrong but based on living through the previous bubble, I feel like I'm not.
legendary
Activity: 2198
Merit: 1311
March 06, 2013, 10:52:58 PM
#45
I F**KING TOLD YOU THIS WAS A PUMP AND DUMP!! Cheesy Cheesy

Check out this dump... BTC is crashing!!

Kudos BTC to this address please: 1FU1EX4xCEt26rezoNaEZ1rhbqA4VVP8pq

Meh, it's just another bear trap. We will be back over 50 in the next couple hours.

Doubt that very much.  Rather, I think we finally saw the top of this crazy bubble.

Oh no! Another leg up. I am putting my sell orders in at $67 for this one...

Good.  Luck.  Doubtful the price will get over $50 for a looooong time.
legendary
Activity: 1078
Merit: 1006
100 satoshis -> ISO code
March 06, 2013, 10:50:52 PM
#44
I F**KING TOLD YOU THIS WAS A PUMP AND DUMP!! Cheesy Cheesy

Check out this dump... BTC is crashing!!

Kudos BTC to this address please: 1FU1EX4xCEt26rezoNaEZ1rhbqA4VVP8pq

Meh, it's just another bear trap. We will be back over 50 in the next couple hours.

Doubt that very much.  Rather, I think we finally saw the top of this crazy bubble.

Oh no! Another leg up. I am putting my sell orders in at $67 for this one...
legendary
Activity: 2198
Merit: 1311
March 06, 2013, 10:43:17 PM
#43
I F**KING TOLD YOU THIS WAS A PUMP AND DUMP!! Cheesy Cheesy

Check out this dump... BTC is crashing!!

Kudos BTC to this address please: 1FU1EX4xCEt26rezoNaEZ1rhbqA4VVP8pq

Meh, it's just another bear trap. We will be back over 50 in the next couple hours.

Doubt that very much.  Rather, I think we finally saw the top of this crazy bubble.
hero member
Activity: 756
Merit: 500
It's all fun and games until somebody loses an eye
March 06, 2013, 10:20:51 PM
#42
I F**KING TOLD YOU THIS WAS A PUMP AND DUMP!! Cheesy Cheesy

Check out this dump... BTC is crashing!!

Kudos BTC to this address please: 1FU1EX4xCEt26rezoNaEZ1rhbqA4VVP8pq

Meh, it's just another bear trap. We will be back over 50 in the next couple hours.
hero member
Activity: 784
Merit: 502
March 06, 2013, 07:58:22 PM
#41
I F**KING TOLD YOU THIS WAS A PUMP AND DUMP!! Cheesy Cheesy

Check out this dump... BTC is crashing!!

Kudos BTC to this address please: 1FU1EX4xCEt26rezoNaEZ1rhbqA4VVP8pq
hero member
Activity: 784
Merit: 502
March 05, 2013, 05:31:17 AM
#40
No, not a pump and dump yet - need more pump first. More of a vertical ramp, then maybe...

I suppose the ideal dump time is when everyone is convinced the rally is real
legendary
Activity: 1820
Merit: 1000
March 04, 2013, 11:17:11 PM
#39
No, not a pump and dump yet - need more pump first. More of a vertical ramp, then maybe...
legendary
Activity: 1078
Merit: 1006
100 satoshis -> ISO code
March 04, 2013, 10:29:31 PM
#38
People are panic selling USD.

This is really the headline of the century:

http://thenextweb.com/insider/2013/02/21/after-employees-opt-to-be-paid-in-bitcoin-the-internet-archive-asks-for-donations-in-the-digital-currency/

People asking NOT to be paid in the most powerful currency in the history of the world.  Talk about a sea-change happening...
full member
Activity: 238
Merit: 100
March 04, 2013, 10:01:31 PM
#37
People are panic selling USD.
member
Activity: 115
Merit: 10
March 04, 2013, 10:00:20 PM
#36
[deleted]
legendary
Activity: 1736
Merit: 1006
March 04, 2013, 08:44:49 PM
#35
6. People who have decided that USD/Euro/BP have peaked/are tanking and are cashing out.
hero member
Activity: 756
Merit: 500
It's all fun and games until somebody loses an eye
March 04, 2013, 08:33:07 PM
#34
As far as I can tell, the interest is being driven by
1) who will risk being the guy who buys the next $300,000 btc pizza?  I must save my coins until they hit my price where I can cash out.
2) merchants, want to capitalize on the free advertising that accepting bitcoins allows.  Plans to cash out as their vendors don't accept btc.
3) newbs hearing about this btc thing and that early adopters will be rewarded more then everyone else.  They want to get in, but its difficult to get your cash into the market so its slowly filtering in



4) People who know about bitcoin and continue to invest into it.
5) Successful bitcoin businessmen building the economy and keeping their profits in bitcoin (E.G. Evoorhees, making bank off SatoshiDice but he is not converting all that profit into USD)

Between holding bitcoins and my investment in SatoshiDice, my bitcoin investments are doing a heck of a lot better than my 401k. If I have some more money to invest, I will likely choose to put it into bitcoins.
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