RE: BITCOIN RISE HAS ME PISSED!

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BITCOIN RISE HAS ME PISSED!

in trevonjb •  8 years ago 

its a dead cat jump..

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will it go down again you think... hoping to buy again at the $60billion dollar market cap range

Ya...it may again go bellow $1900 to $1800..wait to buy at $1500

I think there is a longggggg Q to do the same.

The definition of dead cat jump implies BTC is doomed and dead but fell from such a great height that it naturally jumped a bit before fading away...so I would say I would disagree, but this segwit nonsense is not giving anyone real confidence in the short term. In the long-term Bitcoin Classic will probably not be able to stay around the way ETC has done.

  ·  8 years ago (edited)

its natural , crypto market is volatile .. we saw ups & down a lot...but i used this term here is to indicate the short term recovery of the market. Here is definition of Dead Cat Bounce

Bitcoin fell to about 1800$ weeks back but as at today it's 2370$ from real source

Ya ..i knew it ..thats why I am saying it

yeah, it's a dead cat jump

ya..

very possible,
i'm seeing some thoughts on reddit that Chinese mining pools may be signally segwit only to stop signaling to cause a crash and buy in more,

do you have any thoughts on this?

i also read the same thoughts but not sure..may be true

it doesn't matter to me, I'm not trading, but it matters to a few people I've finally talked into buying some btc.

thanks for your reply, cheers

agreed..thanks