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Topic: Do you think the rally is over now... or very soon? - page 12. (Read 16024 times)

legendary
Activity: 2114
Merit: 1040
A Great Time to Start Something!
if your entire analysis is based on "look what happened last time"...

I did say ".. or very soon."

  • "Those who cannot remember the past are condemned to repeat it" ~George Santayana
  • Plus other factors, like Irrational Exuberance in the community*

*Some of which is very fun and I have participated in.
sr. member
Activity: 358
Merit: 250
if your entire analysis is based on "look what happened last time" then i think it's you that has no common sense.
legendary
Activity: 2114
Merit: 1040
A Great Time to Start Something!
Edit:
Have you 'thanked' a skeptic today?
A market with some signs of balance is much healthier than a situation with clearly excessive exuberance (i.e. Early June 2011)



The chart below shows the current total value of all BTC that have been produced (sometimes called "market capitalization")
Please look closely at what happened last time the value shot up so fast.
Common sense tells us the current rally is over, sorry.



Please sell your BTC at the nearest exchange and wait for a much lower price.  Cheesy
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