Dear Bear, So is this a slow bounce up, then a slow drop back to $100 or less - page 2.

sublime5447

legendary

Activity: 966

Merit: 1000

I would say that we are yet to see it . Personally I think we will see a slow steady decline over the next six months... as alt coins divert funds away from bitcoin and btc-e gains in popularity over mt gox... btc will continue a downward tread and litecoin will continue a genital rise (like a boner) in price until we see a .25 ratio between the two at which point there will be long term price stability. I say btc price at 80 usd and ltc price at 20 usd.. Grin

smoothie

legendary

Activity: 2492

Merit: 1473

LEALANA Bitcoin Grim Reaper

Quote from: John Self on May 26, 2013, 06:45:53 PM

People were making fun of the bears right until the end of the last huge bubble.
The truth is nobody knows, so don't get cocky because it might backfire.

Just look at the fundamentals and you will see which of the two will win, Fiat or Bitcoin.

Duh.

Birdy

sr. member

Activity: 364

Merit: 250

Just after my last post, someone dropped several hundred Coins on the market, Bitcoin sure is fast with the backfire xD

John Self

member

Activity: 98

Merit: 10

People were making fun of the bears right until the end of the last huge bubble.
The truth is nobody knows, so don't get cocky because it might backfire.

Birdy

sr. member

Activity: 364

Merit: 250

If you listen closely, you can hear bears weeping in their caves.

jubalix

legendary

Activity: 2632

Merit: 1023

Dear Bears

I thought (according to bears) there should be a slow unwind/drop to $70 or less......it this yet to happen?

or are we seeing everything in compressed time, and the $50 was it.

edit

I am not mocking Bears I actually want to know

Topic: Dear Bear, So is this a slow bounce up, then a slow drop back to $100 or less - page 2. (Read 2181 times)