Quote from: riiiiising on January 06, 2015, 06:30:12 PM

Quote from: sgbett on January 06, 2015, 06:26:32 PM

Quote from: Warren Buffert on January 06, 2015, 05:34:57 PM

Quote from: riiiiising on January 06, 2015, 05:17:50 PM

Quote from: Warren Buffert on January 06, 2015, 05:06:32 PM

Quote from: sgbett on January 06, 2015, 04:56:05 PM

You called a bear market, half way through it, and have ridden on its coat tails for a few months.

I guess that makes you one if the brightest socio-economic forecasters in our time?

Derp indeed.

LMAO. I've been calling this bear market ever since the China news in January, and really starting ringing the alarm bells soon after. You think calling the market direction is easy? Then why have you failed so fantastically at it? If I were you I would give up with bitcoin and invest in something safer, since playing the market is not for you. A few smart people succeeded with bitcoin, and many stupids failed.

No kidding. Around here, when you successfully call a bear market, you're a "troll". But when you unsuccessfully call a bull market, you were "just speculating for fun and it just happened to not go as planned this particular time." Welcome to bitcoin land.

That's because they all have brain damage and are destined to lose. They should give up before they become the laughing stock of their friends and families.

your monologue fools no-one.

You joined in September well into the bear market, you were a cheerleader for bitcoin for about a month (allegedly or so then around the start of November you flip to the bear side.

You argue about credibility? You are the epitome of the stereotypical "bad investor". You heard the "greedy when others are fearful" thing posted by your alt's namesake and did the whole contrarian thing for a bit. It all got a bit too much for you though, because as per any novice investor you were over-invested and under informed. So once the market started to look real bad, your emotions get the better of you and you call "secular bear" and run scared, trying to console yourself by labelling all around you as idiots for not doing the same, oblivious to the fact you look exactly like every bulltard that was betting the farm when the price was over $1000. Whilst anyone with a clue knew the market was over extended and was reducing their exposure to BTC because it would be foolish not to. I am not even a trader, and I was.

You sound like someone who got burned, and as a result are desperate for everyone else to be so that you can feel better about yourself.

You are a bad caricature of a terrible trader; I ad-hom because you have no argument, or position, and likely no actual investment in BTC - long or short.

Or perhaps you do... unless you sold for a loss afterwards... maybe your wife told you you had to get out. She's smart, college fund indeed. Great move, 'dad'.

Quote from: riiiiising on September 18, 2014, 12:44:42 AM

I cashed in my twins' college fund this morning to buy more.

They're only 6 but very wise and mature... I told them we could buy bitcoins that will be worth at least 1 million dollars by the time they're in high school, and they agreed I should buy more now while I still can!

I'm rolling on the floor laughing here. I created this account "riiiising" because all my others were being banned for warning others against the incoming drop in price from $600, $500, $400, etc.

Yes, I was a victim of the September/October bear purge, where all bearish sentiment was being banned. Must feel pretty stupid now that you didn't listen!

The only way I was able to stick around was by pretending to be an over the top caricature of a bull, at which point I then was able to get my message across again. I have been warning others about this drop for a very long time.

So who are you then? Perhaps then we can validate your claim that you warned about the incoming bear market somewhere near the start of it, and not once it was nearly finished.

When you can show that you called a $200 low back in December 2013, its fairly compelling...

Quote from: sgbett on December 17, 2013, 10:33:02 PM

I like this thread. I also like drawing arbitrary lines on charts so I'm throwing this in the mix.

I think the pirate incident created some false lows, so I've moved the line a bit from the original one EM posted.

Based on nothing more than a gut feeling that it seems a bit like 2011, as others have observed, I've replicated a rough projection of the angle of attack and descent, which just happens to be a right angle (well close enough that I can shoehorn one in... if you squint a bit heheh)

So plugging all of this into the patented sgbettojector, shown here as some nice blue dashed lines, gives the end of march, and a low of just under $200.

So convincing is my analysis, that I'll be ignoring it entirely, and holding tight. I can handle riding out an ~80% decline (again) as this will at least guarantee that I won't lock in losses by trading badly.

I'm really good at that (trading badly). Which is probably another reason why this chart needs serving with a good pinch of salt