Still, I don't see the price crashing as low as in 2011...
I don't see that happening either. There's definitely a long-term up trend. Bitcoin will become a good play once it halves again (the price). 
Topic: Sentiment in 2011 - page 3. (Read 9438 times)
Breakout.
I concede this is going differently than 2011.
Seems that it has only taken a different initial path in order to fool some of us. I concede this is going differently than 2011.
I'm fortunate enough to have actually come out with profits since I posted this as I reversed my position early at minimal loss and had a nice daytrading move immediately after (a week ago). Back to holding the Bernanke Bux until we see <50, probably.
We broke horizontal support levels of 103 and 97 recently. Next one would be 79. I predict that after a possible initial bounce beyond $100, we will be trading in the double digits for a long time.
The Great Dollar Extraction is ON.
Still, I don't see the price crashing as low as in 2011... In 2013 terms, that means having a bottom of $16ish (2/32 - 16/266). I would be surprised if we go below $50, and very very puzzled if we go below $30.
Excellent post, much appreciated!
Haha, maybe so. 
I'm still bullish for the long term. I think below 50, Bitcoin will be a good play again in that one can buy some, throw them on a paper wallet and lock them away for 2 or 3 years.
I'm still bullish for the long term. I think below 50, Bitcoin will be a good play again in that one can buy some, throw them on a paper wallet and lock them away for 2 or 3 years.
Rampion jynxed it.
Breakout.
I concede this is going differently than 2011.
Seems that it has only taken a different initial path in order to fool some of us. I concede this is going differently than 2011.
I'm fortunate enough to have actually come out with profits since I posted this as I reversed my position early at minimal loss and had a nice daytrading move immediately after (a week ago). Back to holding the Bernanke Bux until we see <50, probably.
We broke horizontal support levels of 103 and 97 recently. Next one would be 79. I predict that after a possible initial bounce beyond $100, we will be trading in the double digits for a long time.
The Great Dollar Extraction is ON.
LOL. I had to google that Jynx card to make sure it wasn't photoshopped. I bet they've taken some flack for that one...
Breakout.
I concede this is going differently than 2011.
I concede this is going differently than 2011.
VICTORY
(choo choo motherfucker!)
Breakout.
I concede this is going differently than 2011.
I concede this is going differently than 2011.
Who received those notes from the government on April 10th? I missed that.
Different situation - same result. The insider info that wasn't shared was the CoinLab/Gox deal falling apart, and the attendant lawsuit.
Source? Proof?
Is this the beginning of The Great Dollar Extraction? If the Dollars drain out of the system via international wires and people deposit more reluctantly than they used to (and of course, they will not be able to any more via Dwolla), it might very well be.
Still awaiting confirmation on the charts, however.
The recent news adds to the evidence.Still awaiting confirmation on the charts, however.
Awaiting confirmation on the charts.
Who received those notes from the government on April 10th? I missed that.
Different situation - same result. The insider info that wasn't shared was the CoinLab/Gox deal falling apart, and the attendant lawsuit.
Who received those notes from the government on April 10th? I missed that.
This price behaviour is certainly reminiscent of July 2011 now.
Yeah reminds me of that time too.
But is it different this time?
I think there are some differences in development/infrastructure.
Just that I still think the price can dip below $100.
I'm looking at it relatively that $100 is a psychological barrier just like $10 was.
I still think that if we see some major (50k+) dumps, it's insider information in re the whole DHS Dwolla thing. There could easily be more information/restrictions to come on that: and the earliest we'll hear about it is through obvious insider trading, like on April 10th, by those who are actually getting 'lettres de cachet' from the government.
One big dump and I set my buys around $50ish...
super informative thread especially for those not involved way back when...
Is this the beginning of The Great Dollar Extraction? If the Dollars drain out of the system via international wires and people deposit more reluctantly than they used to (and of course, they will not be able to any more via Dwolla), it might very well be.
Still awaiting confirmation on the charts, however.
Still awaiting confirmation on the charts, however.
This price behaviour is certainly reminiscent of July 2011 now.
Yeah reminds me of that time too.
But is it different this time?
I think there are some differences in development/infrastructure.
Just that I still think the price can dip below $100.
I'm looking at it relatively that $100 is a psychological barrier just like $10 was.
You mean the nothing's-happening part?
Next step is off-a-cliff, right?
Next step is off-a-cliff, right?
This price behaviour is certainly reminiscent of July 2011 now.
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