Why the *POP*? - page 2. | Bitcointalksearch.org

smoothie

legendary

Activity: 2492

Merit: 1491

LEALANA Bitcoin Grim Reaper

Quote from: Boxman90 on December 01, 2013, 10:05:10 PM

Hey I'm all about playing this game, don't get me wrong. It just amazes me why everyone keeps scorning the noobs while they so dearly need them for mass adoption.

Also, zeroday, while the flash-crash may be over, this one was unusual - earlier, flash-crashes only followed parabolic unsustainable rises. Now it followed a slow topping-out and start of a slow descent.

We'll see how bullish you're staying the next few weeks.

Just because people differ on view doesn't constitute it as "scorning".

EXAMPLE:

Noob thinks it is time to sell.

I think it isn't.

Noob sells.

I LOL.

(that isn't scorning).

Cheesy

beetcoin

sr. member

Activity: 434

Merit: 250

there was a pop probably because everyone was sitting around expecting one. is it a case of self-fulfilling prophecy? it didn't move THAT much anyways.

Boxman90

hero member

Activity: 518

Merit: 500

Hey I'm all about playing this game, don't get me wrong. It just amazes me why everyone keeps scorning the noobs while they so dearly need them for mass adoption.

Also, zeroday, while the flash-crash may be over, this one was unusual - earlier, flash-crashes only followed parabolic unsustainable rises. Now it followed a slow topping-out and start of a slow descent.

We'll see how bullish you're staying the next few weeks.

smoothie

legendary

Activity: 2492

Merit: 1491

LEALANA Bitcoin Grim Reaper

Quote from: Boxman90 on December 01, 2013, 09:19:31 PM

It wasn't a pop. It was a bleed. A long overdue correction due to a lightning fast unhealthy rise.

I LOLed at the bolded part. Cheesy

I agree the U.S. dollar and other fiat currencies are unhealthily dropping in value in relation to Bitcoin.

exstasie

legendary

Activity: 1806

Merit: 1521

I remember when $500 was the crazy ceiling limit that every said it wouldn't hold to..

byronbb

legendary

Activity: 1414

Merit: 1000

HODL OR DIE

Quote from: Boxman90 on December 01, 2013, 09:58:18 PM

Quote from: wobber on December 01, 2013, 09:42:33 PM

What's wrong with being a weak hand? They will either learn the lesson, or go with their money in fiat.

Don't we need mass adoption? That being, not scaring away the 'weak hands'? Everybody here wants the 1 million USD bitcoin, yet everyone gloats when the noobs get hurt in crashes like these. It's a bit dual, isn't it?

Noobs are playing a game they chose to play. Most of them aren't even aware they are playing a game. All market based trading is a zero-sum game. Someone has to lose when someone else wins. Either accept it or go play some Co-Ed Volleyball where they don't keep score.

Boxman90

hero member

Activity: 518

Merit: 500

Quote from: wobber on December 01, 2013, 09:42:33 PM

What's wrong with being a weak hand? They will either learn the lesson, or go with their money in fiat.

Don't we need mass adoption? That being, not scaring away the 'weak hands'? Everybody here wants the 1 million USD bitcoin, yet everyone gloats when the noobs get hurt in crashes like these. It's a bit dual, isn't it?

zeroday

donator

Activity: 784

Merit: 1000

Every time it happens, more and more people become immune to these flash-crash manipulations.

I suspect that even some "manipulators" have losses when they dump huge amounts to initiate panic, but then cannot re-buy at reasonable price because other traders just rush buying "cheap coins".

wobber

legendary

Activity: 1064

Merit: 1001

Quote from: Boxman90 on December 01, 2013, 09:28:52 PM

Quote from: cbeast on December 01, 2013, 09:21:52 PM

It wasn't anything but weak hands being flushed out. Expect another large jump ATH this week.

Those "weak hands" that are "shaken out" are the ones you so dearly need for mass adoption, remember that.

What's wrong with being a weak hand? They will either learn the lesson, or go with their money in fiat.

Boxman90

hero member

Activity: 518

Merit: 500

Quote from: cbeast on December 01, 2013, 09:21:52 PM

It wasn't anything but weak hands being flushed out. Expect another large jump ATH this week.

Those "weak hands" that are "shaken out" are the ones you so dearly need for mass adoption, remember that.

cbeast

donator

Activity: 1736

Merit: 1014

Let's talk governance, lipstick, and pigs.

It wasn't anything but weak hands being flushed out. Expect another large jump ATH this week.

Boxman90

hero member

Activity: 518

Merit: 500

It wasn't a pop. It was a bleed. A long overdue correction due to a lightning fast unhealthy rise.

W-M

full member

Activity: 210

Merit: 100

In Crypto we Trust.

Today the price had a significant dip.

I've already heard many speculations about the reasons for it. Some say it's because of Black Friday, others because of this fake disclosed private addresses list.

What's your opinion? What caused it?

~W-M

Topic: Why the *POP*? - page 2. (Read 2988 times)

Topic: Why the POP? - page 2. (Read 2988 times)