Who sold below $550? The $400 bottom is in LOL!!!! - page 5.

g4c

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Quote from: raskul on March 28, 2014, 02:57:28 PM

delusion.

oh.

Quote from: raskul on March 28, 2014, 02:57:28 PM

mass farms will keep selling; in patterns

Very interesting, how have you observed these "patterns", and/or can you show them statistically?

Quote from: raskul on March 28, 2014, 02:57:28 PM

markets are reactive - not predictive.

pow! that sounds like an 80s business guru tagline. awesome!

i consider markets to be chaotic systems involving economics and psychology.

traders try to predict the price movement in order to accrue wealth.

Quote from: raskul on March 28, 2014, 02:57:28 PM

we gonna see double figures again.

we'll have to wait and see.

Quote from: raskul on March 28, 2014, 02:57:28 PM

me? i'm still playing my part.

great.

raskul

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delusion.
mass farms will keep selling; in patterns, markets are reactive - not predictive.
we gonna see double figures again.

me? i'm still playing my part.

g4c

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Quote from: Cassius on March 28, 2014, 12:52:53 PM

Quote from: g4c on March 28, 2014, 12:45:59 PM

Quote from: smoothie on March 03, 2014, 03:35:09 PM

New ATH by end of July 2014 here we come.

$5000 by the end of 2014 here we come!

Yup, next up wave imminent, yes might touch $5000 (maybe), then settle down (the next "crash" lol) to $2000 ± $500

Capitulation is a mixture of panic, despair, and angry, frustrated boredom. We're getting closer.
In my mind, the likelihood that we are truly there is inversely correlated to the number of mentions of phrases like "to da moon", mentions of that irritating train we kept hearing so much about, and so on.
So clearly, we're not quite there yet.

Yes, group emotions and other fluffy stuff play a roll proportional to speculation level (BTC is like >=90% speculative now). With that in mind it maybe more likely to "launch" during warmer happier weather in the northern hemisphere when more optimism abounds. I see some people also chart using moon phase as a side indicator, statistically it appears to help prediction.

So "TO DA MOOOON BRO, KNOMSAYIN" by this summer maybe Grin

Cassius

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Quote from: g4c on March 28, 2014, 12:45:59 PM

Quote from: smoothie on March 03, 2014, 03:35:09 PM

New ATH by end of July 2014 here we come.

$5000 by the end of 2014 here we come!

Yup, next up wave imminent, yes might touch $5000 (maybe), then settle down (the next "crash" lol) to $2000 ± $500

Capitulation is a mixture of panic, despair, and angry, frustrated boredom. We're getting closer.
In my mind, the likelihood that we are truly there is inversely correlated to the number of mentions of phrases like "to da moon", mentions of that irritating train we kept hearing so much about, and so on.
So clearly, we're not quite there yet.

g4c

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Quote from: smoothie on March 03, 2014, 03:35:09 PM

New ATH by end of July 2014 here we come.

$5000 by the end of 2014 here we come!

Yup, next up wave imminent, yes might touch $5000 (maybe), then settle down (the next "crash" lol) to $2000 ± $500

boumalo

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Quote from: dragonseer on March 28, 2014, 11:27:23 AM

Quote from: GigaCoin on March 28, 2014, 08:09:37 AM

Quote from: southerngentuk on March 28, 2014, 07:30:35 AM

been waitin 3 days for my tx to coinjar, what an a$$, keep testing that bottom please !

isn't coinjar owned by a known major bitcoin scammer? why do people still trust these people Roll Eyes

In Australia the main choice is between coinjar (2% commission from fiat) and btradeaustralia (4.9% commission from fiat). Not too happy either way, might look into sending money overseas to Moolah, anyone done this?

2% and 4.9% are their fees before they change the money; they don't give you the same rate that they get so they take an other 1.5-4% there

The receiving bank often take a fee itself, they are bleeding us

icey

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May the coin be with you..

The real bottom is around 380-390 IMO. This weekend could get messy

Cassius

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Quote from: redwhite037 on March 28, 2014, 12:04:58 PM

I'm hodling myself. But yup, I forsee the 400 mark right around the corner. People have been predicting for some time that April will be the down month for bitcoin. And if enough people believe that, then the market will reflect it. But conversely, enough people still believe strongly in bitcoin for the long-term, so it will definitely rally back to the quadruple digits.

Maybe. But I've seen all kinds of crazy predictions for April, July, August (why does May never get a look in?) both up and down. Right now I kind of figure, whatever. Like Billy Currington says, God is great, beer is good, and people are crazy. I'm not prepared to try to predict what a lot of panic buyers/sellers are going to do next and then beat myself up when I get it wrong...

redwhite037

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I'm hodling myself. But yup, I forsee the 400 mark right around the corner. People have been predicting for some time that April will be the down month for bitcoin. And if enough people believe that, then the market will reflect it. But conversely, enough people still believe strongly in bitcoin for the long-term, so it will definitely rally back to the quadruple digits.

dragonseer

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Anglo Saxon Crypto Enthusiast

Quote from: GigaCoin on March 28, 2014, 08:09:37 AM

Quote from: southerngentuk on March 28, 2014, 07:30:35 AM

been waitin 3 days for my tx to coinjar, what an a$$, keep testing that bottom please !

isn't coinjar owned by a known major bitcoin scammer? why do people still trust these people Roll Eyes

In Australia the main choice is between coinjar (2% commission from fiat) and btradeaustralia (4.9% commission from fiat). Not too happy either way, might look into sending money overseas to Moolah, anyone done this?

GigaCoin

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Giga

Quote from: southerngentuk on March 28, 2014, 07:30:35 AM

been waitin 3 days for my tx to coinjar, what an a$$, keep testing that bottom please !

isn't coinjar owned by a known major bitcoin scammer? why do people still trust these people Roll Eyes

southerngentuk

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Sugars.zone | DatingFi - Earn for Posting

been waitin 3 days for my tx to coinjar, what an a$$, keep testing that bottom please !

Cassius

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Incidentally, it's worth noting there's often a dip at the weekends, which could push us firmly under 500 for a while.
Someone else might be able to provide data on what money is waiting to snap up cheap coins at different prices on the exchanges and so where the support might be.

Cassius

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Quote from: counter on March 28, 2014, 01:53:54 AM

Quote from: Cassius on March 27, 2014, 03:56:32 AM

Quote from: counter on March 27, 2014, 01:02:51 AM

I don't know why u get such pleasure from others losing money. I don't think that is a good thing that people who sold at a bad time took a hit lol but hey that is just me carry on.

Well, we're back at 550 so don't call it just yet. We never did test 500 properly and spent just a few hours below in that flash crash to 400. I'd expect to see a bit more activity in the low 500s and even the odd dip lower to make sure (pessimistic but possible) before real confidence is reestablished.

You'll get no argument from me. I tend to agree with your "calls" if I may and I can see that happening in the coming days/weeks. Would be nice to see some folks get back in and regain some lost faith so to speak.

I don't see these "calls" as much more than common sense at best. The last "bottom" was too quick and the bounce too strong. 500 seems about right for various reasons that others are more qualified to talk about.
Even then, I'm not sure it might not be too optimistic. We're back under 500 for the third (?) time, perhaps only briefly but we'll see.
Regardless, I'm a HODLER since I get paid my bitcoins little and often. Though if we dip under 450 then the proportion I've put aside to pay tax will come back into play. Time will tell whether that was smart or dumb...

counter

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Time is on our side, yes it is!

Quote from: Cassius on March 27, 2014, 03:56:32 AM

Quote from: counter on March 27, 2014, 01:02:51 AM

I don't know why u get such pleasure from others losing money. I don't think that is a good thing that people who sold at a bad time took a hit lol but hey that is just me carry on.

Well, we're back at 550 so don't call it just yet. We never did test 500 properly and spent just a few hours below in that flash crash to 400. I'd expect to see a bit more activity in the low 500s and even the odd dip lower to make sure (pessimistic but possible) before real confidence is reestablished.

You'll get no argument from me. I tend to agree with your "calls" if I may and I can see that happening in the coming days/weeks. Would be nice to see some folks get back in and regain some lost faith so to speak.

boumalo

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Quote from: oda.krell on March 27, 2014, 11:02:26 AM

Quote from: dropt on March 27, 2014, 10:39:44 AM

Quote from: boumalo on March 27, 2014, 10:24:51 AM

Quote from: pandher on March 27, 2014, 09:43:39 AM

Bitcoin is tanking, might be 300 soon, not a very good time to buy

Look at the posts before you, all this drama may be mostly rumours

In a medium or long term perspective buying at 520$ seem very low, we know some news could bring the price to thousands of dollars in a month

What news would that be? There has been more extremely positive news over the last few weeks than ever before, yet we're still in the downtrend.

Which is a pretty good indicator which part of the market cycle we're still in. But I guess that was your point as well.

Bad news from Europe, companies earning in the states or Europe, Janet Yellen increasing QE, Draghi monetizing european debt, banks very shady business exposed and banks on the verge of collapse again would be good news for Bitcoin

Paypal, Amazon, governments accepting Bitcoin

Adoption is going up and time is positive for Bitcoin if there is not a catastrophy or an alt coin that takes it down so I feel we should resume the bull market at some point but I agree we are still in the downtrend atm

master-P

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https://keybase.io/masterp FREE Escrow Service

Looks like we may revisit this bottom again soon.

EternalWingsofGod

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Quote from: smoothie on March 03, 2014, 03:35:09 PM

New ATH by end of July 2014 here we come.

$5000 by the end of 2014 here we come!

Its funny since your prediction will soon come true

seleme

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Duelbits.com

Quote from: EuroTrash on March 27, 2014, 08:57:22 AM

It hurts to read this subject now at 532.

Why would it hurt? Anyone had a chance to sell at 700$.

oda.krell

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Quote from: dropt on March 27, 2014, 10:39:44 AM

Quote from: boumalo on March 27, 2014, 10:24:51 AM

Quote from: pandher on March 27, 2014, 09:43:39 AM

Bitcoin is tanking, might be 300 soon, not a very good time to buy

Look at the posts before you, all this drama may be mostly rumours

In a medium or long term perspective buying at 520$ seem very low, we know some news could bring the price to thousands of dollars in a month

What news would that be? There has been more extremely positive news over the last few weeks than ever before, yet we're still in the downtrend.

Which is a pretty good indicator which part of the market cycle we're still in. But I guess that was your point as well.

Topic: Who sold below $550? The $400 bottom is in LOL!!!! - page 5. (Read 9559 times)