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Topic: Serious Trading Discussion - Experts Allowed - "Bears Only!" (Read 1864 times)

hero member
Activity: 1288
Merit: 524
Buzz App - Spin wheel, farm rewards
Yeah guys. Because making 500 percent returns in less than a year is normal. Every trade works out like that.  I am really upset about that.  I calculated by the year 2029 I will be a trillionaire all I have to do is make 500 percent on every trade.  So easy.

Pretty much everyone involved in bitcoin is greedy beyond imagination. That's why I don't think this ends well at all,  never seen more greed in my life.
legendary
Activity: 1176
Merit: 1010
Borsche
Generally, I would say that's nonsense. But in this case I think you might be right. Jason is a trader, which means, theoretically he should just be here to make money. And there's nothing much easier to trade in the world than bitcoin, if you study the charts.

Yep, he says he is a trader but I now seriously doubt it, traders welcome huge swings like that and ride them out. They don't try to predict tops or bottoms and get offended when they totally miss - kids do.
legendary
Activity: 2156
Merit: 1070
definitely never buying any

Smiley Looks like another one offended by the Coin. Most people are strangely offended when the coin does something they didn't expect, like move 6x upwards right after they sell. But reality is, coin does not care if you ignore it, but you should care, or you will be sorry. Ask Edward50, he's offended all the way from $2, because coin never went to $1 again, how well he does financially. Join him Smiley

Generally, I would say that's nonsense. But in this case I think you might be right. Jason is a trader, which means, theoretically he should just be here to make money. And there's nothing much easier to trade in the world than bitcoin, if you study the charts.

So one must assume that someones pride got hurt or someone is a little scared of the big swings in crypto.

Because, Jason, sometime in the next 10 years the crypto market is going to be over 100 billion $$. Most likely over 500.  And even those crappy LTC that you can't get rid of fast enough will at some point have been worth 100s each.

And even made up - for fun coins, like BBQcoin will be worth dollars each. At some point.

And you could have made millions. Even if you only trade with 10k today. You could have made millions.

Don't let your pride get in the way my friend.
hero member
Activity: 742
Merit: 500
I'm a bear, but not a BTC follower. Nor LTC. -yet-

If I play for a longer term, I'll go to other coins. Which of course need to be investigated before we do anything.

The thing which happened last night, was amazing.

I'm newbie to the whole crypto-market thing, nor I'm good with math. I just do the opposite what the sheep masses do : )
-Common Logic


Pis ma neeghers
legendary
Activity: 1176
Merit: 1010
Borsche
definitely never buying any

Smiley Looks like another one offended by the Coin. Most people are strangely offended when the coin does something they didn't expect, like move 6x upwards right after they sell. But reality is, coin does not care if you ignore it, but you should care, or you will be sorry. Ask Edward50, he's offended all the way from $2, because coin never went to $1 again, how well he does financially. Join him Smiley
hero member
Activity: 1288
Merit: 524
Buzz App - Spin wheel, farm rewards
this thing is going to crash hard up until jan 30th, the date when the chinese have to get their bitcoins "out" by.

After that whoever hasn't dumped is in it for the long haul.

I reckon $270 perhaps down to $130 will be seen before jan 30th 2014.

Bottom pick on feb 1st 2014 if you must.



Lol. You guys know that this is a pseudo-bear thread made entirely for my own personal amusement.

Btw, why is it you only show up with Bitcoin is dumping?

I'll take a bet on that $270 low if you'd like Wink

meh, I am not invested in bitcoin anymore, financially or emotionally. If it goes to $270 or under I may or may not buy some, not sure. If it never gets there, I am definitely never buying any. But either way I have lost almost all my interest in cryptos. Still mining these stupid litecoins and selling them as fast as i can.
legendary
Activity: 2156
Merit: 1070
this thing is going to crash hard up until jan 30th, the date when the chinese have to get their bitcoins "out" by.

After that whoever hasn't dumped is in it for the long haul.

I reckon $270 perhaps down to $130 will be seen before jan 30th 2014.

Bottom pick on feb 1st 2014 if you must.



Lol. You guys know that this is a pseudo-bear thread made entirely for my own personal amusement.

Btw, why is it you only show up with Bitcoin is dumping?

I'll take a bet on that $270 low if you'd like Wink
full member
Activity: 195
Merit: 102
DiMS dev team
bitcoin is doomed it is  over..
it the main reason why it will fall below 550 and than bounce back to 750
sell now

EDIT:
didn't you noticed how expensive one coin is it is perfectly unsustainable.
It is obvious that price tag 400 USD is affordable but 900 is insane why nobody is noticing it

I guess my insight was  deeper than I initially thought
hero member
Activity: 1288
Merit: 524
Buzz App - Spin wheel, farm rewards
this thing is going to crash hard up until jan 30th, the date when the chinese have to get their bitcoins "out" by.

After that whoever hasn't dumped is in it for the long haul.

I reckon $270 perhaps down to $130 will be seen before jan 30th 2014.

Bottom pick on feb 1st 2014 if you must.

full member
Activity: 126
Merit: 100
OK, well, nice thread here. You asked, so...

I mentioned a number of times (on the Wall) that I believe that all of those people that have newly heard about Bitcoin, and can do something about it, and are willing to do something about it, have either bought in, or took one look at April's chart and are on the sidelines waiting (and probably there aren't that many, since speculators tend to want to speculate *now*). The institutional folks are not included, as they move much slower and won't even start buying until Q1 and Q2 next year (legalz stuffz and stuffz).

Put another way, this wave of adoption is complete and all the noise behind it is recursive. I've got buys set pretty low, well below 700, though I will say they aren't below 425. My belief is that those are good long term entry points, for my situation. I am anticipating the next run up in the spring or the summer, or even next fall, looking towards selling off at 2500 - 4250, and buying in again after that run-up (around 1500-1800?). *pulls magic numbers out of ass*
legendary
Activity: 1176
Merit: 1010
Borsche
this thread.... wtf

where are all the bears?


Bears can't stand Serious Trading Discussion at such a high academic level as in this thread! They all are still at fingerpainting lines on graphs level.
legendary
Activity: 2156
Merit: 1070
this thread.... wtf

where are all the bears?

your all a bunch of bulls pretending to be bears, so weird O.o


Join us.
legendary
Activity: 1904
Merit: 1038
Trusted Bitcoiner
this thread.... wtf

where are all the bears?

your all a bunch of bulls pretending to be bears, so weird O.o
sr. member
Activity: 462
Merit: 250
We won't see any growth in the bitcoin community until there are some serious regulations made in the economy.  Only then will the wall streets and big money come on the scene, anyone else saying otherwise is delusional.  The reason the price hasn't dropped is because of large whales manipulating the prices by using hundreds of coins during low volume intervals.  Once price begins to slide like right now (for anyone watching order books on gox) a $50-60 drop is in sight. 
full member
Activity: 196
Merit: 100
down trend for a few days but I have't seen a huge drop like last weekend and many before
new money is not coming in because of christmas, maybe we need to wait for the first week of january for some movement
my orders are still waiting between 515 and 560..
legendary
Activity: 2156
Merit: 1070
The sun in our solar system has a limited life span. If we have not colonized deep space by that time, Bitcoin will fail.

Another excellent point I hadn't considered. Just amped my bearness to 10.435
legendary
Activity: 2156
Merit: 1070
bitcoin is doomed it is  over..
it the main reason why it will fall below 550 and than bounce back to 750
sell now

EDIT:
didn't you noticed how expensive one coin is it is perfectly unsustainable.
It is obvious that price tag 400 USD is affordable but 900 is insane why nobody is noticing it


Good job. Its nice to finally have a real bear in this thread.









Wink
uyo
newbie
Activity: 36
Merit: 0
The first rule is not to worry Wink You know that with proper risk management you can be wrong this trade, or the next one too, but a good one covers all the losses and leave some extra "points". Although it's almost impossible to apply some consistent risk management in the Bitcoin market, now we seem to enter a period, when that could work for a while.

There really wasn't much of buying power in China lately, but sellers seemed to be vanishing this weekend as well. Price is now hovering around 5300 resistance, China is waking up for the new week, so lets see the activity. Gox and Bitstamp traders are willing to sell just as much as China drags them down, and even less. So we really might be close to the bottom.

I'm out of BTC, and my orders are waiting between $600 to $820. However, I'm gradually loading a position in LTC, as there is a higher chance that some news will come out and take it...to da moon Cheesy; and if there is no news, at least it hedges my absence in BTC market.

Not sure if I meet your definition of a bear, perhaps partly I do.
full member
Activity: 195
Merit: 102
DiMS dev team
bitcoin is doomed it is  over..
it the main reason why it will fall below 550 and than bounce back to 750
sell now

EDIT:
didn't you noticed how expensive one coin is it is perfectly unsustainable.
It is obvious that price tag 400 USD is affordable but 900 is insane why nobody is noticing it
legendary
Activity: 2156
Merit: 1070
Bears,

This weekend we had it all. Downtrend. No new fiat. Long term bear market was so "obvious," duh. But we are down only a few points and now trending higher.

Are we worried? What should we do?

don't worry about the radioactive dead cat bouncing


stick to the fundamentals.

we are up like 6,000% this year

Crazy bull NEEDS to take a break.... right?

I think selling now is foolish, you should have sold 1000$+ but ya.... common sense says down. ( bear market for how long tho, that is the question! )

I don't even understand a word in this post. Too busy using the mental imaging to drive the down the price on bitcoinwisdom. I've developed a technique to visualize a red candle and as soon as I see a baby green one developing a seed, I stare at, almost instantly turning it red.

Once I perfect this technique, bitcoin is doomed.
legendary
Activity: 1904
Merit: 1038
Trusted Bitcoiner
Bears,

This weekend we had it all. Downtrend. No new fiat. Long term bear market was so "obvious," duh. But we are down only a few points and now trending higher.

Are we worried? What should we do?

don't worry about the radioactive dead cat bouncing


stick to the fundamentals.

we are up like 6,000% this year

Crazy bull NEEDS to take a break.... right?

I think selling now is foolish, you should have sold 1000$+ but ya.... common sense says down. ( bear market for how long tho, that is the question! )
legendary
Activity: 2156
Merit: 1070
Then I won't hesitate to crash your threads and mock...  Cheesy

Nice weekend we're having...


Dude you are the worst kind of bull - the one that lets his wife wear the pants. A bear would never do that. We'd show her who's boss. What what!
sr. member
Activity: 378
Merit: 255
Then I won't hesitate to crash your threads and mock...  Cheesy

Nice weekend we're having...
legendary
Activity: 2156
Merit: 1070
I would define a bear as someone who wants the price to drop.

To 0. 

What's the purpose of having such a will?

To laugh at all the bulls.

Duh.
sr. member
Activity: 427
Merit: 250
I would define a bear as someone who wants the price to drop.

To 0. 

What's the purpose of having such a will?
legendary
Activity: 1176
Merit: 1010
Borsche
But the fact that you would like the price to go down short term, you are welcome to post here.

Short term.

Yeah, but I guess once you press that BUY button - you should get the hell out you delusional fool! Smiley
legendary
Activity: 2156
Merit: 1070
Non-bear come in peace.

How do you define bear? Someone who expects the price to fall, or someone who wants the price to fall?

If the latter then I guess today I am a bear. I'd love to see the price drop as I'm waiting for a fiat deposit to go through.

Unfortunately I'm feeling that it's getting less likely as the weekend progresses.

Okay, I'll get out of here now and leave you people alone.

I would define a bear as someone who wants the price to drop.

To 0. 

So, you don't really qualify as a long term bear. But the fact that you would like the price to go down short term, you are welcome to post here.

Short term.
legendary
Activity: 4242
Merit: 5039
You're never too old to think young.
Non-bear come in peace.

How do you define bear? Someone who expects the price to fall, or someone who wants the price to fall?

If the latter then I guess today I am a bear. I'd love to see the price drop as I'm waiting for a fiat deposit to go through.

Unfortunately I'm feeling that it's getting less likely as the weekend progresses.

Okay, I'll get out of here now and leave you people alone.
legendary
Activity: 2156
Merit: 1070
You guys are nuts. The new bottom is between $845-$850.

The next run-up which I predict will commence on the 3rd of January will take us past $1500 by January 24th.

You can quote this.

 Cool



Go away with your BULLsh*t!

legendary
Activity: 2156
Merit: 1070

Sorry, I thought you were trolling as a bull. Its hard to tell these days with bulls EVERYWHERE. damn it.


No, I was trolling bulls so they would buy expensive coins and run out of money. Now they did, see, we milked them dry! Smiley

They don't know that there's only 21 million bitcoins ever, so when people eventually lose all 21 million with hard drive crashes or somewhere in the darkweb, there will be no coins left and what is the value of nothing? Right, it's nothing!

Good point. I hadn't thought of that one.
legendary
Activity: 1008
Merit: 1000
Making money since I was in the womb! @emc2whale
You guys are nuts. The new bottom is between $845-$850.

The next run-up which I predict will commence on the 3rd of January will take us past $1500 by January 24th.

You can quote this.

 Cool

legendary
Activity: 1176
Merit: 1010
Borsche

Sorry, I thought you were trolling as a bull. Its hard to tell these days with bulls EVERYWHERE. damn it.


No, I was trolling bulls so they would buy expensive coins and run out of money. Now they did, see, we milked them dry! Smiley

They don't know that there's only 21 million bitcoins ever, so when people eventually lose all 21 million with hard drive crashes or somewhere in the darkweb, there will be no coins left and what is the value of nothing? Right, it's nothing!
legendary
Activity: 2156
Merit: 1070
I am a bear, I want to buy 2000 coins tomorrow instead of 1 today, for this it has to go down, so that's what I choose to believe ignoring all the other the facts! We'll see how your bubble collapses when the chinese see that the price is not rising anymore and will sell all! I also think the fact that no country has yet completely switched over to bitcoin is a serious bearish sign - ask yourself this - if after all publicity nobody switched to the better currency, maybe it's not the better currency afterall?

I think this is the end of bitcoin, so it will cost 47$ soon and then will continue to rise.


Sorry, I thought you were trolling as a bull. Its hard to tell these days with bulls EVERYWHERE. damn it.
legendary
Activity: 2156
Merit: 1070
+1. Further proof that it's an electric ponzi overvalued hype monster denial phase mania tulip beanie bubble.

+1
hero member
Activity: 1302
Merit: 502
I am a bear, I want to buy 2000 coins tomorrow instead of 1 today, for this it has to go down, so that's what I choose to believe ignoring all the other the facts! We'll see how your bubble collapses when the chinese see that the price is not rising anymore and will sell all! I also think the fact that no country has yet completely switched over to bitcoin to be a serious bearish sign - ask yourself this - if after all publicity nobody switched to the better currency, maybe it's not the better currency afterall?

I think this is the end of bitcoin, so it will cost 47$ soon and then will continue to rise.

+1. Further proof that it's an electric ponzi overvalued hype monster denial phase mania tulip beanie bubble. Intrinsic value, INTRINSIC VALUE

INTRINSIC VALUE
legendary
Activity: 1176
Merit: 1010
Borsche
I am a bear, I want to buy 2000 coins tomorrow instead of 1 today, for this it has to go down, so that's what I choose to believe ignoring all the other the facts! We'll see how your bubble collapses when the chinese see that the price is not rising anymore and will sell all! I also think the fact that no country has yet completely switched over to bitcoin is a serious bearish sign - ask yourself this - if after all publicity nobody switched to the better currency, maybe it's not the better currency afterall?

I think this is the end of bitcoin, so it will cost 47$ soon and then will continue to rise.
legendary
Activity: 2156
Merit: 1070
cry "bulltrap" and wait for the next correction as always? from 2000 to 1200? Smiley

Are you a bear??!! You don't sound like one. PLEASE let us have a serious discussion without all these perma-bulls trolling our thread. God. Just stop.

legendary
Activity: 1176
Merit: 1010
Borsche
cry "bulltrap" and wait for the next correction as always? from 2000 to 1200? Smiley
legendary
Activity: 2156
Merit: 1070
Bears,

This weekend we had it all. Downtrend. No new fiat. Long term bear market was so "obvious," duh. But we are down only a few points and now trending higher.

Are we worried? What should we do?
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