Topic: That was not a bubble "burst" (Read 1586 times)
proudhon is wrong again. the market is strong as a baseball bat up a bears butt.
http://bitcoincharts.com/charts/mtgoxUSD#tgCzm1g10zm2g25
so far it looks like the previous plop: dramatic drop, small recovery from lows
from there it slowly kept on going down
my best guess: either buy right now or wait 6 weeks, in a couple months btc will reemerge in the media, also more and more vc investments and traditional funds are working on getting on this
so definitely will load up < 3mos
so far it looks like the previous plop: dramatic drop, small recovery from lows
from there it slowly kept on going down
my best guess: either buy right now or wait 6 weeks, in a couple months btc will reemerge in the media, also more and more vc investments and traditional funds are working on getting on this
so definitely will load up < 3mos
The bubble is still on. The hype cycle is still on.
i don't think you know what either of those words mean..
lets hope this drop scared the shit out of wannabe investors/specs.. to stay the fuckk out of btc.. so that it can find its true value...
buy !!!
buy !!!
You realize that speculators and investors are what provide liquidity to BTC market, right?
yea . iam one of them !
i like to play with pros.. thou
lets hope this drop scared the shit out of wannabe investors/specs.. to stay the fuckk out of btc.. so that it can find its true value...
buy !!!
http://www.youtube.com/watch?feature=player_profilepage&v=gr735idnjKg
buy !!!
http://www.youtube.com/watch?feature=player_profilepage&v=gr735idnjKg
Really? So you're an expert speculator?
lets hope this drop scared the shit out of wannabe investors/specs.. to stay the fuckk out of btc.. so that it can find its true value...
buy !!!
buy !!!
You realize that speculators and investors are what provide liquidity to BTC market, right?
I think you are right.
It's become common knowledge MtGox have been having lag problems for some weeks now, people will blame that for their losses and remain hopeful, they will not learn the lessons that should have been learned.
And since everyone that got out at the high will still have fiat in their accounts, I suspect they will be drawn into the current rally looking for more gains and it's going to continue to shoot back up. A frenzy will occur despite the obvious.
It's become common knowledge MtGox have been having lag problems for some weeks now, people will blame that for their losses and remain hopeful, they will not learn the lessons that should have been learned.
And since everyone that got out at the high will still have fiat in their accounts, I suspect they will be drawn into the current rally looking for more gains and it's going to continue to shoot back up. A frenzy will occur despite the obvious.
lets hope this drop scared the shit out of wannabe investors/specs.. to stay the fuckk out of btc.. so that it can find its true value...
buy !!!
http://www.youtube.com/watch?feature=player_profilepage&v=gr735idnjKg
buy !!!
http://www.youtube.com/watch?feature=player_profilepage&v=gr735idnjKg
Be careful with your money, people. 
Please explain me what Bull trap mean
something like pump/dump ?
ok
thanks 
bull trap
Be careful with your money, people.
Please explain me what Bull trap mean
something like pump/dump ?
bull trap
Be careful with your money, people.
Please explain me what Bull trap mean
something like pump/dump ?
bull trap
Be careful with your money, people.
… also don't forget the mtgox discount. still a lot will try to make more of what they have sitting there. this is by no means a sustainable situation.
Possibly so. But let's not discount the possibility of this mini-rally being a bull trap as well. The price is hovering around 100 USD but understandably the market's more skittish now. Red candles may provide some timely buying opportunities, however; I think the future for bitcoin is bright.
The bubble is still on. The hype cycle is still on. The market didn't stop rising because investors suddenly headed for the exit, like in a classic bubble. It stopped rising because the high market activity crashed the main exchange. Don't compare this to previous financial bubbles because there has never been something like this.
And strap yourself in for bubble #3. Watch out for the Gox!
And strap yourself in for bubble #3. Watch out for the Gox!
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