Topic: Where is the crash? Seriously (Read 2309 times)
9% drop in vwap on bitstamp yesterday, followed by an all time high today. Yes, this must be a crash..
I think bull trap is likely right now.
source: http://www.investopedia.com/articles/technical/111401.asp
source: http://www.investopedia.com/articles/technical/111401.asp
This act is repeated hundreds of times in this subforum. Show graph. Make guess.
I could look at that same chart and say, "I think this is a market maker shake out"
None of us can guess the future, we can only make bets.
The point of this subforum is exactly to guess the future and share it with everyone else.
That speculation for you!
I think bull trap is likely right now.
source: http://www.investopedia.com/articles/technical/111401.asp
Or maybe, just maybe, what we saw was the most epic beartrap in all of history source: http://www.investopedia.com/articles/technical/111401.asp
My money is on the pig getting another fattening up for another slaughtering. Speculators seek profit, this is how they get it.
Whatever, me and my hard earned are out of Bitcoin for now and will not be entering again until the market settles.
I would suggest that anyone putting their dosh into Bitcoin right now may as well just go down the casino and put everything on red.
I think bull trap is likely right now.
source: http://www.investopedia.com/articles/technical/111401.asp
Or maybe, just maybe, what we saw was the most epic beartrap in all of history source: http://www.investopedia.com/articles/technical/111401.asp
No, we shouldn't. Suffice it would be to measure the size of the BTC economy in money terms 
Money terms?Instead of polling the forum we could easily track the size of the BTC economy (number of coins times BTC exchange rate) for the past few years...
I think bull trap is likely right now.
source: http://www.investopedia.com/articles/technical/111401.asp
source: http://www.investopedia.com/articles/technical/111401.asp
This act is repeated hundreds of times in this subforum. Show graph. Make guess.
I could look at that same chart and say, "I think this is a market maker shake out"
None of us can guess the future, we can only make bets.
The point of this subforum is exactly to guess the future and share it with everyone else.
As for the masses, they're more than welcome to join in, buy and hold for a couple of years.
That's what I'm talking about. The price shouldn't be very high per unit, so your average Joe could ultimately afford it (even if he actually buys only a small portion of a unit), and at the same time it shouldn't be very low, so he could feel the weight of his investment and be happy about it
I think bull trap is likely right now.
source: http://www.investopedia.com/articles/technical/111401.asp
source: http://www.investopedia.com/articles/technical/111401.asp
Yes, to the smart investors out there we are in all likelihood around wave B.
Few and far between? Perhaps we should poll the forum.
No, we shouldn't. Suffice it would be to measure the size of the BTC economy in money terms
Few and far between? Perhaps we should poll the forum.
No, we shouldn't. Suffice it would be to measure the size of the BTC economy in money terms
A few years? Anyone who has held bitcoins for even 2 years has profited quite well.
Those were few and far in between (in relative terms indeed). I mean Bitcoin for the masses...
Few and far between? Perhaps we should poll the forum.
As for the masses, they're more than welcome to join in, buy and hold for a couple of years.
A few years? Anyone who has held bitcoins for even 2 years has profited quite well.
Those were few and far in between (in relative terms indeed). I mean Bitcoin for the masses...
People need some asset which could be a safe investment for at least a few years
A few years? Anyone who has held bitcoins for even 2 years has profited quite well.
I like how bears are focusing on English markets while the Chinese DGASF (don't give a single fuck).
I think bull trap is likely right now.
source: http://www.investopedia.com/articles/technical/111401.asp
source: http://www.investopedia.com/articles/technical/111401.asp
This act is repeated hundreds of times in this subforum. Show graph. Make guess.
I could look at that same chart and say, "I think this is a market maker shake out"
None of us can guess the future, we can only make bets.
I agree, the kind of money we are seeing at this point isn't coming from the average joe. Some people are cashing in by dropping in big amounts and buying backs but we saw that a few times in the last few days. This one was just a bigger one.
The good news are overwhelming at this point with bitcoin. The bubble will keep inflating for a while. I am not saying it won't blow at a point, but I don't feel we have reached that point yet.
The good news are overwhelming at this point with bitcoin. The bubble will keep inflating for a while. I am not saying it won't blow at a point, but I don't feel we have reached that point yet.
People need some asset which could be a safe investment/haven for at least a few years like gold was. But now gold is discredited (in price terms), so it's an easy guess that the price might reach around 2000$ (as gold was once heading up to). It's all throughout human psychology
I don't think so, but we shall see! 
I think bull trap is likely right now.
source: http://www.investopedia.com/articles/technical/111401.asp
source: http://www.investopedia.com/articles/technical/111401.asp
My pure speculation. Price stays where it is -- at least above or maybe even slightly below yesterday's vwap -- for a day or two, regroups, and then pushes higher.
It will be like the one final orgasmic thrust. It will be glorious.
It will be like the one final orgasmic thrust. It will be glorious.
Yeah, balls to the wall!
I think going down 33% ($300) in just few hours is good sign of a crash.
You tried too hard, and already knew the answer.
You tried too hard, and already knew the answer.
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