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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 32115. (Read 26610659 times)

hero member
Activity: 628
Merit: 500
Guys, guys! I was out digging for dead horses, and...




Which stage best matches the current/recent market sentiment?

It seems to me we climbed the whole optimism-excitement-thrill-euphoria mountain over these past few months, without really noticing.

Currently slip sliding from euphoria towards anxious denial.

Denial
full member
Activity: 171
Merit: 100
It's got to be already capitulation because there is no room for price to go lower. Previous ATH is never breached from above.
So it's obviously denial. Smiley
hero member
Activity: 496
Merit: 500
Spanish Bitcoin trader
It's got to be already capitulation because there is no room for price to go lower. Previous ATH is never breached from above.
legendary
Activity: 1458
Merit: 1006
Guys, guys! I was out digging for dead horses, and...




Which stage best matches the current/recent market sentiment?

It seems to me we climbed the whole optimism-excitement-thrill-euphoria mountain over these past few months, without really noticing.

Currently slip sliding from euphoria towards anxious denial.
newbie
Activity: 42
Merit: 0
I don't understand the psychology of some people...they panic sell even when there is not even 1 single bad new in press. I understanded the panic sell after ddos attacks or end of silk road, here it is just speculation in its pureness, right?..Bitcoin must change these pure speculators to long time believers in cryptocurrency and they have to learn actually use the bitcoin as a currency, not just as get rich quick scheme. Until than....we are not even close to going mainstream.

However, i noticed btcchina was repeatedly down today...do you think it could have some effect on the price drop?

What makes you think it's a panic ?


You don't think some people sold in panic?...i don't think it was only people cashing out to take profits...i think many people are still in some level expecting big crashes and are scared by every 1% movement...especially now when we were reaching new ath almost every day, sooner or later we will come to a point (in some way, i believe it happened today, just in small version) where people will be more and more nervous as the price of btc (their profit) will become too siginificant to lose this kind of profit...and if you add some #1 exchange was down, many people must think the april is here again. Or do you have different opinion on the 20% drop?

No this is someone capitulating about 100K coins.

More like someone tricking a whole bunch of sheeple to dump 100K coins. The history of bitcoin has been thus that regardless of the ATH we always return to it. So someone's getting cheap coins right now.


mm' morning rabbit which way do you predict BTC will move today?  Grin tia!


---((((((((((((((((((((((((vvvvv*click*vvvvvv)))))))))))))))))))))))))))))))---
http://img.rp.vhd.me/4791515_l5.jpg


sr. member
Activity: 532
Merit: 261
­バカ
Well, seems that we reached the new bottom and I am really happy with it  Grin we had a "bad" week but now the new trend is obvious... so I wanna make a prediction: $400/BTC in 5 months from now.
Here is my technical analysis (as some people call it):


all opinions are welcome Cheesy

btw i was joking when i said double digits  :-)
legendary
Activity: 1246
Merit: 1000
We need bears who are too bearish for their own good, things are looking better here now than when everyone was bullish and cheering. Wink
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 1168
Merit: 1000
^ No way that is a serious post.  I refuse to believe it...  

I do like the color you chose for the arbitrary lines though.  Usually people just go with red, but I see you got creative with purple.
sr. member
Activity: 532
Merit: 261
­バカ


You always told me that this was a bad sign  Roll Eyes

i think there's a chance we may go under 300 tomorrow. I'd see it as an opportunity to buy.

Just a reminder that 6 days ago the price was 220:



If we have just one more dump in the next hour the new trend is evident.

new trend? this looks pretty bearish to me... so far so good:



Maybe I'm crazy but I'm expecting something like this:




I CANT BELIEVE IM REPLYING A TROLL!   Embarrassed
legendary
Activity: 1168
Merit: 1000
[...]
Funny the herd mentality.  At ~$400 (Gox), we were "going to 1k!" before a correction back to $500, etc.  Now, at a 25% discount (and no devastating news, etc.), everyone is too scared to buy.  "Going to zero!!!"  "Get out get out!!"   lol!  

What's changed in 48 hrs to make a 25% discount such an obviously bad opportunity?

You must be kidding me! until the last three days I was flooding this damn forum telling all you this was going to happen, can you check my posts please? thank you

The market was going up, day after day, and you "predicted" a mathematical certainty (that there would eventually be a correction or crash)?    

Oh, thank you guru.  Good luck with your double digit goals.  Did you sell at $205 a few weeks ago expecting to pick up some "cheap coins"?      Cheesy
hero member
Activity: 748
Merit: 500
[...]
let the weak hands feed the strong.

Sure, you will be able to buy bitcoins at the same price as 3 weeks ago Smiley

lol


its nice to see some bears in here finally.

Adam, take your uber-bull hat off, before it's too late!

Don't you mean the sub-sub-sub hat? Tongue
legendary
Activity: 1204
Merit: 1002
RUM AND CARROTS: A PIRATE LIFE FOR ME
I don't understand the psychology of some people...they panic sell even when there is not even 1 single bad new in press. I understanded the panic sell after ddos attacks or end of silk road, here it is just speculation in its pureness, right?..Bitcoin must change these pure speculators to long time believers in cryptocurrency and they have to learn actually use the bitcoin as a currency, not just as get rich quick scheme. Until than....we are not even close to going mainstream.

However, i noticed btcchina was repeatedly down today...do you think it could have some effect on the price drop?

What makes you think it's a panic ?


You don't think some people sold in panic?...i don't think it was only people cashing out to take profits...i think many people are still in some level expecting big crashes and are scared by every 1% movement...especially now when we were reaching new ath almost every day, sooner or later we will come to a point (in some way, i believe it happened today, just in small version) where people will be more and more nervous as the price of btc (their profit) will become too siginificant to lose this kind of profit...and if you add some #1 exchange was down, many people must think the april is here again. Or do you have different opinion on the 20% drop?

No this is someone capitulating about 100K coins.

More like someone tricking a whole bunch of sheeple to dump 100K coins. The history of bitcoin has been thus that regardless of the ATH we always return to it. So someone's getting cheap coins right now.
sr. member
Activity: 532
Merit: 261
­バカ
[...]
Funny the herd mentality.  At ~$400 (Gox), we were "going to 1k!" before a correction back to $500, etc.  Now, at a 25% discount (and no devastating news, etc.), everyone is too scared to buy.  "Going to zero!!!"  "Get out get out!!"   lol!  

What's changed in 48 hrs to make a 25% discount such an obviously bad opportunity?

You must be kidding me! during the last three days I was flooding this damn forum telling all you that this was going to happen, can you check my posts please? thank you
sr. member
Activity: 532
Merit: 261
­バカ
tzupy, pera and samson, buy fast cheap coins, or you will be sry tomorrow! =)
meh, tomorrow I'll buy some btcs at double digits post-crash offer!
hero member
Activity: 728
Merit: 500
I don't understand the psychology of some people...they panic sell even when there is not even 1 single bad new in press. I understanded the panic sell after ddos attacks or end of silk road, here it is just speculation in its pureness, right?..Bitcoin must change these pure speculators to long time believers in cryptocurrency and they have to learn actually use the bitcoin as a currency, not just as get rich quick scheme. Until than....we are not even close to going mainstream.

However, i noticed btcchina was repeatedly down today...do you think it could have some effect on the price drop?

What makes you think it's a panic ?


You don't think some people sold in panic?...i don't think it was only people cashing out to take profits...i think many people are still in some level expecting big crashes and are scared by every 1% movement...especially now when we were reaching new ath almost every day, sooner or later we will come to a point (in some way, i believe it happened today, just in small version) where people will be more and more nervous as the price of btc (their profit) will become too siginificant to lose this kind of profit...and if you add some #1 exchange was down, many people must think the april is here again. Or do you have different opinion on the 20% drop?

No this is someone capitulating about 100K coins.
legendary
Activity: 1168
Merit: 1000
[...]
No. No one is selling 20K on a sunday when the price is low.

"low" ?  Roll Eyes



Funny the herd mentality.  At ~$400 (Gox), we were "going to 1k!" before a correction back to $500, etc.  Now, at a 25% discount (and no devastating news, etc.), everyone is too scared to buy.  "Going to zero!!!"  "Get out get out!!"   lol!  

What's changed in 48 hrs to make a 25% discount such an obviously bad opportunity?
hero member
Activity: 748
Merit: 500
I don't understand the psychology of some people...they panic sell even when there is not even 1 single bad new in press. I understanded the panic sell after ddos attacks or end of silk road, here it is just speculation in its pureness, right?..Bitcoin must change these pure speculators to long time believers in cryptocurrency and they have to learn actually use the bitcoin as a currency, not just as get rich quick scheme. Until than....we are not even close to going mainstream.

However, i noticed btcchina was repeatedly down today...do you think it could have some effect on the price drop?

What makes you think it's a panic ?


You don't think some people sold in panic?...i don't think it was only people cashing out to take profits...i think many people are still in some level expecting big crashes and are scared by every 1% movement...especially now when we were reaching new ath almost every day, sooner or later we will come to a point (in some way, i believe it happened today, just in small version) where people will be more and more nervous as the price of btc (their profit) will become too siginificant to lose this kind of profit...and if you add some #1 exchange was down, many people must think the april is here again. Or do you have different opinion on the 20% drop?
legendary
Activity: 1204
Merit: 1002
RUM AND CARROTS: A PIRATE LIFE FOR ME
[...]
No. No one is selling 20K on a sunday when the price is low.

"low" ?  Roll Eyes



true, true. However, I still doubt it. Too much slippage at this moment.
full member
Activity: 238
Merit: 100
tzupy, pera and samson, buy fast cheap coins, or you will be sry tomorrow! =)
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