Topic: The Bear Market is officially...OFF?!? - page 15. (Read 29279 times)
After it keeps going up the bears should take a hiatus from here
You do realize that I was waiting to go below $50 3 weeks ago? 
You are not alone. I am puzzled that not more people see the downside here. A brutal crash followed by a steady climb would have been a much better signal from the market than all this mucking about.
You do realize that I was waiting to go below $50 3 weeks ago?
Or it is possible that this is the start of a bear which will end when almost everyone has given up hope. Like last time.
I think $50 is the big test, and I think that number will come up quicker than people realize.
Evolve, how low do you think it will go? Do you think it'll test $80 again this week?
Its anybody's guess, really.
I think the most likely scenario is we test $120 on the top end, fail to break through, the continue the drift back down. If this is the case, I think we will go below $80. Depending on how this current rally plays out, I think we could see $50 in the next 2 or 3 weeks.
Its only.going up.. Ignore the downtrends they.are not relevant in the long run
I don't know, it could be china and the BTC ATM providing a bit of good news (which lifts investor confidence), or it be the bear market letting off a little steam before the sell off continues.
Either way, I think this suckers rally is going to catch people with their pants down.
Either way, I think this suckers rally is going to catch people with their pants down.
Evolve, how low do you think it will go? Do you think it'll test $80 again this week?
So is China leading the charge into the bull trap?
I don't know, it could be china and the BTC ATM providing a bit of good news (which lifts investor confidence), or it be the bear market letting off a little steam before the sell off continues.
Either way, I think this suckers rally is going to catch people with their pants down.
I cannot see the ATM thing being much of a factor frankly. The technology and originality is ho-hum and the real issues are the same as any other major player...regulation. To top it off, the people involved seem like barely-post-pubescent shysters.
I'm not really convinced that we are even in a bear market vs. just being run-of-the-mill volatility in Bitcoin-land coupled (or associated) with rampant manipulation. Could see this as a down-blip in the run-up from the 2011 bear bottom to who knows where. Or it is possible that this is the start of a bear which will end when almost everyone has given up hope. Like last time.
So is China leading the charge into the bull trap?
I don't know, it could be china and the BTC ATM providing a bit of good news (which lifts investor confidence), or it be the bear market letting off a little steam before the sell off continues.
Either way, I think this suckers rally is going to catch people with their pants down.
Maybe. I think the 100 ceiling will hold for now, though. If not, it could be the set up for an epic bull trap.
So is China leading the charge into the bull trap?
hey look, the Bitcoin ATM was on the news! http://youtu.be/ZqEdBCKFPAo
Quote: "Today $1.00 is worth about 100 bitcoins"
see how quickly they have impacted the market!
They even got me beat by expectations.
hey look, the Bitcoin ATM was on the news! http://youtu.be/ZqEdBCKFPAo
Quote: "Today $1.00 is worth about 100 bitcoins"
see how quickly they have impacted the market!
hey look, the Bitcoin ATM was on the news! http://youtu.be/ZqEdBCKFPAo
Quote: "Today $1.00 is worth about 100 bitcoins"
hey look, the Bitcoin ATM was on the news! http://youtu.be/ZqEdBCKFPAo
I like my chart better.
Don't do that...
$100 ceiling holding and $90 fell today (taking us all the way to $79)? Hell no, its still looking really bad out there.
anyone buying yet?
*intentionally misses the point*
Sure why not, you are welcome to make what ever stupid decision you like.
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