You've clearly got an enviable string of dead-on calls, Mr. Da-Man.
I personally hope that you are wrong at least once in your 'resume it's long slow decline' projection. But, as always, it would be foolhardy to not take all potential eventualities into consideration.
Topic: Who was right and who was wrong? - page 2. (Read 2800 times)
While you're searching for past statements, you should find the one I made about 5 days ago where I told everyone that 2.7+ was coming, and to reduce their positions at bitcoinica and/or cover.
You are the greatest man! You are Dan The Man! Always right!
Good thing you posted this thread, the world really needed to know this!
Life will never be the same now!
Notice: Taking into account the board where you posted this: I call Speculation!
Good thing you posted this thread, the world really needed to know this!
Life will never be the same now!
Notice: Taking into account the board where you posted this: I call Speculation!
But the point is to see who is good at speculating and who is bad. Nobody brings up their wrong calls when they tell you what is going to happen next. If you spend enough time here, you kind of get an idea for everyones' positions, but most people probably don't or shouldn't spend that much time.
You are the greatest man! You are Dan The Man! Always right!
Good thing you posted this thread, the world really needed to know this!
Life will never be the same now!
Notice: Taking into account the board where you posted this: I call Speculation!
Good thing you posted this thread, the world really needed to know this!
Life will never be the same now!
Notice: Taking into account the board where you posted this: I call Speculation!
I propose a thread to call to account various predictions and forecasts that people have made. Obviously I am a bit biased towards my own posts. Feel free to post quotes of your own or from others:
Wrong
My vote is yes. Any buys at or below 2.20 are almost guaranteed profits in my opinion.
^ Replace 2.20 with 1.20 and I agree with you. Anyone buying in right now is exposing themselves to a swift 40% haircut.
In the Middle
At ~$2.3
Right
My vote is yes. Any buys at or below 2.20 are almost guaranteed profits in my opinion.
First half of prediction... check.
Yeah, makes me wish I had started my latest short position at something higher than 2.17. Well, at least by holding on tight and keeping my lunch down, I was able to keep all my limbs during the ride. Now, whether to take a long position from here...
Most definitely go long until 2.9 Just don't leverage so bad that you can't take a few bumps on the way.
Wrong
I am far from a bear and want Bitcoin to shoot up to $100/BTC but have seen time and time again that on long holiday weekends when people cannot get deposits into their Dwolla accounts until the following Monday, the price drops throughout the long weekend, further than an average weekend.
It dropped quite a but over 4th of July weekend, Labor Day weekend and even over Columbus Day weekend.
Those were 3 day weekends.
With Thanksgiving, it will be 4 days with no deposits.
How low do you think Bitcoin will fall?
It dropped quite a but over 4th of July weekend, Labor Day weekend and even over Columbus Day weekend.
Those were 3 day weekends.
With Thanksgiving, it will be 4 days with no deposits.
How low do you think Bitcoin will fall?
Is this the "blood in the streets" moment to buy up BTC on the cheap?
My vote is yes. Any buys at or below 2.20 are almost guaranteed profits in my opinion.
^ Replace 2.20 with 1.20 and I agree with you. Anyone buying in right now is exposing themselves to a swift 40% haircut.
One more plunge in the next day or two to something in the low $2 range, possibly even below $2. Then a rise, probably sometime near the weekend with some jumps and starts up to about 2.9, probably not going to be breaking $3.
In the Middle
At ~$2.3
No. There's still a long way down.
I just saw that our manipulator is back buying 50k coins at $2.30 a piece of MtGox. Does this mean we have seen the last of this bear market? I think he figures he manipulated the market as low as it will go in one day. Quite the profits for him. Based on what I see over the last month we could see a rally to $3.50 in the next couple of days.
Whats everyone elses thoughts on this?
Whats everyone elses thoughts on this?
Right
Is this the "blood in the streets" moment to buy up BTC on the cheap?
My vote is yes. Any buys at or below 2.20 are almost guaranteed profits in my opinion.
This is just based on looking at charts and kinda guessing. But either way, I am confident that those calling for a new sub $2 normal price are crazy. It might touch below $2 for a short moment, but it is definitely going back up.
There'll probably be another build up period with volume piling up a little bit ahead of the bid wall pushing the price as high as 2.5, maybe even a little more. Then the big wall(s) will come down, this guy'll sell into the fresh bids, there'll be another flurry of panic selling and we'll setup for it to happen again at a lower price. My guess is this will keep happening until whoever this is has rid himself of bitcoins in exchange for money he can actually use for something.
One more plunge in the next day or two to something in the low $2 range, possibly even below $2.
First half of prediction... check.
Yeah, makes me wish I had started my latest short position at something higher than 2.17. Well, at least by holding on tight and keeping my lunch down, I was able to keep all my limbs during the ride. Now, whether to take a long position from here...
Most definitely go long until 2.9 Just don't leverage so bad that you can't take a few bumps on the way.
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