Predictable vs unpredictable.
Predictable because lots of new suckers have entered the market. Like in April. So they are likely going to bleed the same way.
Unpredictable because most people can see the resemblance to April. So they will try to profit from that knowledge, likely generating a different result this time.
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 31827. (Read 26711605 times)
November 20, 2013, 08:54:13 AM
November 20, 2013, 08:52:18 AM
IMO it in everyone's best interest (including manipulators, not including April-style conspiracy theories or 2011-stype Ponzi fears) that we had this major correction, but not for it to be seen as a bubble-pop, in order to make even better profits if/when it really pops once well into the 4-figures. Whether you prefer fiat or BTC, it's surely more beneficial for the correction to end around about the current price, give or take.
You think new money is going to come in after they saw the clear crash that just happened? That, and uncertain dodgy exchanges that hold no certainty in regards to regulatory and legal issues. I think we just need a better platform to trade bitcoins on, that holds no uncertainty in regards to regulation and law, and is operated by reputable people.
Sure, some new money will be more careful after stamp's pitfall, but if this is perceived as a correction, not a crash/pop, I expect a huge influx of new money nonetheless
$900 to $400 is a bubble pop. Period. It's not a healthy correction. It's not a consolidation. It is exactly what I've been talking about. The WORST thing that can happen to Bitcoin. I posted on FB the other day "Bitcoin on the rise about to break $800" huge amount of comments all similar to "wow, awesome, congrats". Then the emails start pouring in. Questions, thoughts, what, how, where. Today I wake up to those same people saying "man I'm glad I sat that out, dude do you want to cut your wrists or what, glad I didn't throw any money in is lose half and still be losing"
The people on this forum are bitcoiners. The people in the real world are not. They don't give a shit about the technology, they don't believe bitcoins will replace their fiat currency, the only thing they see it as is something they can invest in and every time we start to see some solid new money come in everyone starts speculating and the whales start taking advantage. The only thing people currently see and are talking about "Bitcoin crashes yet again, and costs investors billions".
Wake up people. For people who are so smart, your pretty dumb to try and fool yourself and others that this is healthy and just a nice correction/consolidation.
Thanks for the bullshit. I'm going to quote this one for posterity, let's see in a few days how silly you look right now. $900 to $400 (or $453 whatever) is a perfectly normal correction after a crazy double exponential rise from $440 to $900 in only 2 days. That was just insane, and we needed to be put back down on earth. So a retracement to those levels or even a bit lower is perfectly normal. There are still many people waiting on the sidelines to get in but didn't want to buy during this crazy run up, now after this correction they are finally taking their positions to get in so fasten your seatbelts because this ride is far from over yet.
We've only been above $400 for a few short days. The correction isn't over.
November 20, 2013, 08:50:11 AM
IMO it in everyone's best interest (including manipulators, not including April-style conspiracy theories or 2011-stype Ponzi fears) that we had this major correction, but not for it to be seen as a bubble-pop, in order to make even better profits if/when it really pops once well into the 4-figures. Whether you prefer fiat or BTC, it's surely more beneficial for the correction to end around about the current price, give or take.
You think new money is going to come in after they saw the clear crash that just happened? That, and uncertain dodgy exchanges that hold no certainty in regards to regulatory and legal issues. I think we just need a better platform to trade bitcoins on, that holds no uncertainty in regards to regulation and law, and is operated by reputable people.
Sure, some new money will be more careful after stamp's pitfall, but if this is perceived as a correction, not a crash/pop, I expect a huge influx of new money nonetheless
$900 to $400 is a bubble pop. Period. It's not a healthy correction. It's not a consolidation. It is exactly what I've been talking about. The WORST thing that can happen to Bitcoin. I posted on FB the other day "Bitcoin on the rise about to break $800" huge amount of comments all similar to "wow, awesome, congrats". Then the emails start pouring in. Questions, thoughts, what, how, where. Today I wake up to those same people saying "man I'm glad I sat that out, dude do you want to cut your wrists or what, glad I didn't throw any money in is lose half and still be losing"
The people on this forum are bitcoiners. The people in the real world are not. They don't give a shit about the technology, they don't believe bitcoins will replace their fiat currency, the only thing they see it as is something they can invest in and every time we start to see some solid new money come in everyone starts speculating and the whales start taking advantage. The only thing people currently see and are talking about "Bitcoin crashes yet again, and costs investors billions".
Wake up people. For people who are so smart, your pretty dumb to try and fool yourself and others that this is healthy and just a nice correction/consolidation.
Thanks for the bullshit. I'm going to quote this one for posterity, let's see in a few days how silly you look right now. $900 to $400 (or $453 whatever) is a perfectly normal correction after a crazy double exponential rise from $440 to $900 in only 2 days. That was just insane, and we needed to be put back down on earth. So a retracement to those levels or even a bit lower is perfectly normal. There are still many people waiting on the sidelines to get in but didn't want to buy during this crazy run up, now after this correction they are finally taking their positions to get in so fasten your seatbelts because this ride is far from over yet.
November 20, 2013, 08:47:59 AM
IMO it in everyone's best interest (including manipulators, not including April-style conspiracy theories or 2011-stype Ponzi fears) that we had this major correction, but not for it to be seen as a bubble-pop, in order to make even better profits if/when it really pops once well into the 4-figures. Whether you prefer fiat or BTC, it's surely more beneficial for the correction to end around about the current price, give or take.
You think new money is going to come in after they saw the clear crash that just happened? That, and uncertain dodgy exchanges that hold no certainty in regards to regulatory and legal issues. I think we just need a better platform to trade bitcoins on, that holds no uncertainty in regards to regulation and law, and is operated by reputable people.
Sure, some new money will be more careful after stamp's pitfall, but if this is perceived as a correction, not a crash/pop, I expect a huge influx of new money nonetheless
$900 to $400 is a bubble pop. Period. It's not a healthy correction. It's not a consolidation. It is exactly what I've been talking about. The WORST thing that can happen to Bitcoin. I posted on FB the other day "Bitcoin on the rise about to break $800" huge amount of comments all similar to "wow, awesome, congrats". Then the emails start pouring in. Questions, thoughts, what, how, where. Today I wake up to those same people saying "man I'm glad I sat that out, dude do you want to cut your wrists or what, glad I didn't throw any money in is lose half and still be losing"
The people on this forum are bitcoiners. The people in the real world are not. They don't give a shit about the technology, they don't believe bitcoins will replace their fiat currency, the only thing they see it as is something they can invest in and every time we start to see some solid new money come in everyone starts speculating and the whales start taking advantage. The only thing people currently see and are talking about "Bitcoin crashes yet again, and costs investors billions".
Wake up people. For people who are so smart, your pretty dumb to try and fool yourself and others that this is healthy and just a nice correction/consolidation.
How is it any worse than the other two times? Also, when it gets much higher your friends will reverse their opinions again, yet probably not buy in, then it will 'crash' again, and the process will repeat over and over just as it always does with Bitcoin.
Its funny because i see this as the opposite. When the price rises so fast, it deters new money (or at least smart money). Investors dont want to buy high. They will do analysis and wait for a dip. This is a perfect time for them to buy right now. Thats why its healthy than ever. Bitcoins being moved from old hands to new hands.
Without these "crashes", ppl would cry ..."unfair hoarders, early adopters are too rich"
November 20, 2013, 08:47:07 AM
Coinbase is out of daily coins now by 7AM Eastern time, 4AM Pacific
dude, i just heard Bill Handel pumping bitcoin on the radio!!! WTF!!!
UNREAL!!!http://www.kfiam640.com/pages/billhandel.html
http://content.clearchannel.com/cc-common/mlib/616/09/616_1348611573.jpg
November 20, 2013, 08:45:21 AM
I get what you are implying.
November 20, 2013, 08:44:44 AM
You don't know how bad this is going to get. Double digits by next week.
Please, sub-$100 is dreaming.
November 20, 2013, 08:44:10 AM
$900 to $400 is a bubble pop. Period. It's not a healthy correction. It's not a consolidation. It is exactly what I've been talking about. The WORST thing that can happen to Bitcoin. I posted on FB the other day "Bitcoin on the rise about to break $800" huge amount of comments all similar to "wow, awesome, congrats". Then the emails start pouring in. Questions, thoughts, what, how, where. Today I wake up to those same people saying "man I'm glad I sat that out, dude do you want to cut your wrists or what, glad I didn't throw any money in is lose half and still be losing"
The people on this forum are bitcoiners. The people in the real world are not. They don't give a shit about the technology, they don't believe bitcoins will replace their fiat currency, the only thing they see it as is something they can invest in and every time we start to see some solid new money come in everyone starts speculating and the whales start taking advantage. The only thing people currently see and are talking about "Bitcoin crashes yet again, and costs investors billions".
Wake up people. For people who are so smart, your pretty dumb to try and fool yourself and others that this is healthy and just a nice correction/consolidation.
The people on this forum are bitcoiners. The people in the real world are not. They don't give a shit about the technology, they don't believe bitcoins will replace their fiat currency, the only thing they see it as is something they can invest in and every time we start to see some solid new money come in everyone starts speculating and the whales start taking advantage. The only thing people currently see and are talking about "Bitcoin crashes yet again, and costs investors billions".
Wake up people. For people who are so smart, your pretty dumb to try and fool yourself and others that this is healthy and just a nice correction/consolidation.
As always, I greatly respect your opinion and determination.
November 20, 2013, 08:43:01 AM
IMO it in everyone's best interest (including manipulators, not including April-style conspiracy theories or 2011-stype Ponzi fears) that we had this major correction, but not for it to be seen as a bubble-pop, in order to make even better profits if/when it really pops once well into the 4-figures. Whether you prefer fiat or BTC, it's surely more beneficial for the correction to end around about the current price, give or take.
You think new money is going to come in after they saw the clear crash that just happened? That, and uncertain dodgy exchanges that hold no certainty in regards to regulatory and legal issues. I think we just need a better platform to trade bitcoins on, that holds no uncertainty in regards to regulation and law, and is operated by reputable people.
Sure, some new money will be more careful after stamp's pitfall, but if this is perceived as a correction, not a crash/pop, I expect a huge influx of new money nonetheless
$900 to $400 is a bubble pop. Period. It's not a healthy correction. It's not a consolidation. It is exactly what I've been talking about. The WORST thing that can happen to Bitcoin. I posted on FB the other day "Bitcoin on the rise about to break $800" huge amount of comments all similar to "wow, awesome, congrats". Then the emails start pouring in. Questions, thoughts, what, how, where. Today I wake up to those same people saying "man I'm glad I sat that out, dude do you want to cut your wrists or what, glad I didn't throw any money in is lose half and still be losing"
The people on this forum are bitcoiners. The people in the real world are not. They don't give a shit about the technology, they don't believe bitcoins will replace their fiat currency, the only thing they see it as is something they can invest in and every time we start to see some solid new money come in everyone starts speculating and the whales start taking advantage. The only thing people currently see and are talking about "Bitcoin crashes yet again, and costs investors billions".
Wake up people. For people who are so smart, your pretty dumb to try and fool yourself and others that this is healthy and just a nice correction/consolidation.
How is it any worse than the other two times? Also, when it gets much higher your friends will reverse their opinions again, yet probably not buy in, then it will 'crash' again, and the process will repeat over and over just as it always does with Bitcoin.
November 20, 2013, 08:39:59 AM
November 20, 2013, 08:38:34 AM
wow... still havent touched my wall yet?
Come on bitcoin
Come on bitcoin
November 20, 2013, 08:38:04 AM
My (slightly pessimistic bull) scenario is bottoming out at $350, then quadruple digits. Entirely possible that we bottomed out already though.
My "trading play" money is mostly in BTC atm.
If this is a real crash, then I am just plain wrong.
My "trading play" money is mostly in BTC atm.
If this is a real crash, then I am just plain wrong
. 
November 20, 2013, 08:36:14 AM
IMO it in everyone's best interest (including manipulators, not including April-style conspiracy theories or 2011-stype Ponzi fears) that we had this major correction, but not for it to be seen as a bubble-pop, in order to make even better profits if/when it really pops once well into the 4-figures. Whether you prefer fiat or BTC, it's surely more beneficial for the correction to end around about the current price, give or take.
You think new money is going to come in after they saw the clear crash that just happened? That, and uncertain dodgy exchanges that hold no certainty in regards to regulatory and legal issues. I think we just need a better platform to trade bitcoins on, that holds no uncertainty in regards to regulation and law, and is operated by reputable people.
Sure, some new money will be more careful after stamp's pitfall, but if this is perceived as a correction, not a crash/pop, I expect a huge influx of new money nonetheless
$900 to $400 is a bubble pop. Period. It's not a healthy correction. It's not a consolidation. It is exactly what I've been talking about. The WORST thing that can happen to Bitcoin. I posted on FB the other day "Bitcoin on the rise about to break $800" huge amount of comments all similar to "wow, awesome, congrats". Then the emails start pouring in. Questions, thoughts, what, how, where. Today I wake up to those same people saying "man I'm glad I sat that out, dude do you want to cut your wrists or what, glad I didn't throw any money in is lose half and still be losing"
The people on this forum are bitcoiners. The people in the real world are not. They don't give a shit about the technology, they don't believe bitcoins will replace their fiat currency, the only thing they see it as is something they can invest in and every time we start to see some solid new money come in everyone starts speculating and the whales start taking advantage. The only thing people currently see and are talking about "Bitcoin crashes yet again, and costs investors billions".
Wake up people. For people who are so smart, your pretty dumb to try and fool yourself and others that this is healthy and just a nice correction/consolidation.
November 20, 2013, 08:32:42 AM
So unless this is actually the bubble pop, I think now is a good time to start re-buying?
I think we are bottoming out. The previous trend before the insanity may be upheld.
This is what I have tried to say with many posts https://bitcointalksearch.org/user/gandhibt-100244
If we break 380 support at stamp we can enter bear market, but that's getting more unlikely as more time go by.
You don't know how bad this is going to get. Double digits by next week.
November 20, 2013, 08:29:53 AM
So unless this is actually the bubble pop, I think now is a good time to start re-buying?
I think we are bottoming out. The previous trend before the insanity may be upheld.
This is what I have tried to say with many posts https://bitcointalksearch.org/user/gandhibt-100244
If we break 380 support at stamp we can enter bear market, but that's getting more unlikely as more time go by.
November 20, 2013, 08:29:50 AM
IMO it in everyone's best interest (including manipulators, not including April-style conspiracy theories or 2011-stype Ponzi fears) that we had this major correction, but not for it to be seen as a bubble-pop, in order to make even better profits if/when it really pops once well into the 4-figures. Whether you prefer fiat or BTC, it's surely more beneficial for the correction to end around about the current price, give or take.
You think new money is going to come in after they saw the clear crash that just happened? That, and uncertain dodgy exchanges that hold no certainty in regards to regulatory and legal issues. I think we just need a better platform to trade bitcoins on, that holds no uncertainty in regards to regulation and law, and is operated by reputable people.
you clearly have no Idea, most big exchanges are AML and KYC applicant, and all new exchanges that will appear will have to apply as well in order to survive, the Problem of bubbles and crashes and corrections is not the weakness of the trading Platforms but the nature of Bitcoins.
Bitcoin rewards the early adopters and makes room for new comers, when the price go up so fast like we saw the last few weeks a correction/crash will most likely appear, I would like to remind you that after the silk road news the 1st of october BTC crashed to $85 and corrected to $115, this only a month and a half ago, so after 5 weeks the Price went strait to $900.
even if you are not that early adopter and invested in Bitcoins in october todays price gives you a sweet exit with huge profit, so imagine if you bought at $10, all what I am trying to say is that because of the nature of bitcoin, there will be allways crashes like this. except if price will riase slowly and healthy, I was expecting a crash but when it took this long I thought it wont happen before $1000.
but I am sure that people will always invest, all it will take is a look to the chart and they will understand that these things happens, I as a Bitcoiner and Litecoiner got used to this, I really dont care that much anymore, especially after hearing the positive comments from yesterday and before yesterday senate hearing.
why would I sell my Bitcoins or Litecoins anyways, I am sure they will be around for long time and I am sure that I will start using them in my daily life shortly and I had the best opportunity to get in before most of people.
/\#offtopic--->
*you wanna see something move? ~keep your eye at this one >> https://www.cryptsy.com/markets/view/88
weeeeeee
November 20, 2013, 08:29:42 AM
pumping volume again... 
November 20, 2013, 08:29:05 AM
November 20, 2013, 08:28:47 AM
Last 4 post:
we're going to 300
we're going to the bottom
up we go
we're going up so fast
O , yeah , that's what a speculation thread is all about
we're going to 300
we're going to the bottom
up we go
we're going up so fast
O , yeah , that's what a speculation thread is all about
November 20, 2013, 08:28:16 AM
and we are going up so fast
edit: sorry suckers who sold out before
edit: sorry suckers who sold out before
I think this will be short lived.
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