Topic: Two images... more than 1000 words (Read 2409 times)
The same image repeated in time, that was in Japan in the 80s, recently in Spain, will see
So what type of trap was the drop from $400 to $300? 
That was a bear trap. The jump up marked as "return to normal" is really the bull trap in that picture.
Seeing these charts after every bull run since Aug 2011
Thanks for posting. This is very telling.
When I was a part of the run-up in 2011 I didn't know when to sell so I waited too long.
When I was a part of the run-up in 2011 I didn't know when to sell so I waited too long.
Thanks for this! Very interesting!!
That's cute. You mad you missed the boat OP?
Saw this chart 6 months ago, and we're still at double that peak.
Saw this chart 6 months ago, and we're still at double that peak.
Cool, so we should have returned to the mean by December? Works for me.
Maybe not 1000 words, but this chart has been posted almost as many times.
I think many people in BTC now have learned their lesson about panic selling. If you're were here for the April crash, price dropped from $266 to <$120 in a couple hours...
This is a "relatively" calm burst, and is likely not to be as intense as the April burst.
This is a "relatively" calm burst, and is likely not to be as intense as the April burst.
All bubble's burst and then recovered quickly. But only to be followed by a bearish trend.
I think many people in BTC now have learned their lesson about panic selling. If you're were here for the April crash, price dropped from $266 to <$120 in a couple hours...
This is a "relatively" calm burst, and is likely not to be as intense as the April burst.
This is a "relatively" calm burst, and is likely not to be as intense as the April burst.
As long as the long term trend is up I'm fine with this. Shake out all the old, jittery, low cost basis money and replace it with more stable holders.
Gonna be a LOT of trading opps in BTC, methinks as there are no true derivatives to smooth out the peaks and valleys. Great opportunity for the trader.
At least in my VERY humble opinion. LOL
SQ
Gonna be a LOT of trading opps in BTC, methinks as there are no true derivatives to smooth out the peaks and valleys. Great opportunity for the trader.
At least in my VERY humble opinion. LOL
SQ
It fits the bitcoin `group think` mentality so well. Absolutely perfect.
Cool, close the door please.
So what type of trap was the drop from $400 to $300?
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