95 isn't happening guys, this was a clear red hot bear trap that work wonderfully.
we'll be heading back up now
87 before the end of the day (EST)
95 isn't happening guys, this was a clear red hot bear trap that work wonderfully.
we'll be heading back up now
87 before the end of the day (EST)
I was looking at 87 as next support.
Hey my chart is dead on at 87 as well
HAHAHA! BUY BUY BUY!
Here we go to 87... hold on to your pantalones!
This is a sucker rally dead cat bounce, we will not cross $125 before $100.
Might be, but nobody with half brain gives a shit about your predictions anyway.
To be honest, I am wondering why your ignore tag is not yet yellow considering your lack of content, and fixation on me.
Maybe because people don't like you and enjoy what I write to you.
Not that I would remotely care about a color of my ignore button though.
Ignoring people is uber-gay anyways. Something rpretard will be into!
I see I was wrong
it even went below 120
at least there was/is some volume showing up
Yep, whales and scared sheep getting out of Bitcoin after the 266 lalapalooza. Only down from here. Finding perhaps some temporary support at $87. Double digits undoubtedly in a few hours, even if just testing.
(In fact I have unlimited money but that is too wonderful for most of us to grasp.)
Sorry, don't mean to be hatin' on your thread Adam, but this guy is just plain tarded!
Looks like the Bear trap turned into a bull trap at 118 LOL... c'mon... back to double digits! WEeeeeeeee!
Some people think that I cannot predict the long term (which I do: with 50+% certainty bitcoin is going to $100k+ in 3 years). Suckers are wrong on both.
BWAHAHAHAHAHHAHA That's an awesome prediction: 50%, can happen or not. Kinda the going prediction rate for prayers being answered and flipping coins. You sir, are a true jackass!
Maybe they are 'ddos-ing' themselves, trying to induce some panic volume. Gox is the only real loser when it comes to these low volumes.
+1 ... why the fuck would they be getting DDOS right now?
Reptilian: you are mentally fucked. You should start taking your meds again, or just the fuck up.
It is not improbable that a separate charge is lodged against Mark Karpeles and be extradited, being single owner of Mutum Sigillum LLC, based in Delaware.
Isn't Mark attending bitcoin2013 ? It's located in the US, so that would be a good time to arrest him wouldn't it? Not that Japan wouldn't extradite him. But this sounds like a good opportunity to bring him to "justice" quickly.
I really really hope Mark never visits the US. But who knows.
It would be very foolish for Mark to attend said conference. But then again, the man is a FOOL.
This current bearish trend isn't going to stop until the price falls to the point that the market regains its previously reasonable trading volume. Most of May was characterized by no-volume "stability", with the price only floating 110+ because of systematic large buys by major players coupled with bot action producing an illusion of trading volume during periods of no-volume. The roll to 135 was nothing like the roll from 110-165 in post-crash April, where volume was high, there was constant trading, and Gox still had a deep verification queue with millions in fiat being wired while almost nothing got withdrawn.
This fall will have a lot of bull traps with people feeling that lower lows are cheap coins.
BTC was absolutely not post-bubble "stable" 110+ amidst no trading volume after trading for the rest of its existence sub $50. It's just currently an incredibly manipulated market where anyone with a few mega can have a huge short-term influence that produces illusions for smaller positions and makes money for their own.
+1
Couldn't have put it in a more clear and succinct maner. The bubble popped, but the price is still artificial. Real exponential price of Bitcoin is around 45+ USD. This is typical of bubbles bursting. Big chunk of the price goes down relatively fast, but then there is a slow downward trend that can take months until we reach the real price again.
Why do you guys so vehemently commit to buy and hold, only to blow it when it's at the very bottom and sell?
If you committed to buy and hold on the way up, what it SHOULD mean is that you have already psychologically braced yourself for any sort of drop like this. You've probably decided you're not good at day-trading, so you hold. The problem is it's very easy to commit to buy and hold when it's going to da moon, but will you maintain that sort of mentality when it is dropping like a stone? If you cannot do so, you should probably have cashed out enough while it was going up so that a drop wouldn't crush you. You know it will go down eventually, whether it be in a bear trap or a crash, so if you really want to stay in bitcoins, just save the proceeds from your bitcoins until it goes down, then buy some more.
+1 So many people feel that selling is betraying bitcoin or something. I personally sold a shit ton at $1080 and now buying back gradually. When I sold, I didn't think I was going to get out of bitcoin by any means. I'll never will, but you need to take your opportunities to grow your portfolio wisely.