Yep we are getting trapped all the way from 0.01$, 0.10$, 1.00$ etc...
BTW is there some shorting going on at clones of Bitcoinica somewhere? A short squeeeeeeze could be spectacular.
Really in the past six days you've bought at .01, .10, and 1.00? Can I have the name of your exchange please? I've been buying since $14 and bought at $71. My only two sells ever were 20% at $103 and 80% at $230. You guys need to stop seeing everything in bull/bear and start reading. Your religion over Bitcoin is clouding your ability to comprehend and read.
Just because I point out bulltraps as defined by traders worldwide doesn't mean I'm a bear or on the other side from you.
Most on this forum acts as if it's black and white (bulls vs bears). I was extremely bullish at $13.50 due to imminent media coverage. I was extremely bearish over $145 (even though I realized and posted that if we broke $145 we were headed much higher after which we would burst violently). I am somewhat medium-term (2-3 year) bullish on the concept but believe the case for single digits is more likely than the case for $1000. Single digits is probably unlikely in the short-term, but IMO $150 is also very unlikely.
Proudhon has been a perma-bear but became bullish @ $50 because he clearly internalized something that changed his mind. It doesn't matter if he's right, at least he's thinking rationally. It makes no sense to be firmly in either camp unless one is a fully indoctrinated long-term holder who doesn't pay attention to the day-to-day minutae (and probably would not even be on this thread). The religious fervor and polarity on this site are interesting. I can't tell if it's religion or just the run-of-the-mill hyper-speculation that one finds on penny stock forums.
The bulls here seem to all be perma-bulls. Permabulls & permabears will always be right at some point. I'm more interested in reality based assumptions and predictions.