Huh, each day 20% down, it's like a rock in the water.
It's so dangerous to catch a falling knife.
3k, 2k, 1k, who knows where it'll stop.
BTC rally has more impact on this as it has across every market. Check out this BTC chart specifically Feb 2015 prices up to today.
https://bitcoinwisdom.com/markets/bitstamp/btcusdNot to worry though, NAV cannow be purchased at a Christmas discount price of $ 50 per 1000 just for those who
do not mindpaying a few cents more for NAV from the current price drop now.
http://store.navcoin.org/btw, I am getting hammered more on FCT, ETH, etc...NAV is just my baby though. My (GUESS) is BTC
will hit the 930 to 950 range before a huge correction hits late next week.....ANY other predictions, it is
almost New Year fellas.
Well, yes and no, cause there are lot of green after initial dump on many alts right now. Only few like NAV have too long period of consecutive red days.
Smart development sometimes include price maintenance but...
930-950$ for BTC based on last few days means another 20-40% down for NAV which is basicaly disaster for all that entered last few months.
...and stronger support which I doubt it's real just moved below 2k and 3k
After all I saw last few months I must say I'm more than dissapointed with price performance.
Looking back it seems early adopters were cashing out on news like there is no tomorrow and for me now this is just another well developed P and D coin with currently problematic windows wallet and some unique features which worth sh!t.
I get your pessimistic view and surely there are many who share this view. I have just been here so many times and had this happen
more than I care to count. Years ago when there was less market saturation I was a big Litecoin guy buying from 3 to 10++++ before
reality set in. Mid June this year I did buy about 3 btc of XRP on the drop then sold 3 months later and 40 btc profit. My point is just
because you see a lot of panic sells or buys do not form a definite conclusion as to the direction a market will finish. With any investment
you always have to be prepared to lose and BTC/Altcoins have always been a huge risk. Do a lot of research not just charts/trends and
wisely carry longterm buys and only a small amount of short term risk. Too many people will make money one day and lose it the next. A
window of 1 month is not the best gauge for a 29 month market. My optimistic view is probably rare today with everything you have posted
which cannot be argued except my wallet has worked great and the features NAV has planned surpasses 99% of most other P & D markets.
Best of luck to you and Merry Christmas
