Topic: How can you be optimistic short term at this point? - page 2. (Read 1810 times)
The ability to buy and sell within the shallow basin?
I suggest obtaining BTC for their purchasing power, not their exchange rate into USD.
-Had a chance to break out of the price before freezeout, clearly no euphoria this time to send price higher
-Clear bull trap was playing out, and we were heading lower
-Mtgox has failed over and over again and probably making the average Joe say "This shit aint worth it" right about now
-Mad instability, which bigger investors will want to stay clear of even if it means having to pay higher prices later
-Mainstream media probably going to town with the 'bubble bursting' + 'hacks' experienced by Gox
-Weekend coming up and hence no new money coming in
There's not ONE good short term news that I can see right now, any bulls care to fill me in?
Disclaimer: Have 0 position in BTC at the moment.
-Clear bull trap was playing out, and we were heading lower
-Mtgox has failed over and over again and probably making the average Joe say "This shit aint worth it" right about now
-Mad instability, which bigger investors will want to stay clear of even if it means having to pay higher prices later
-Mainstream media probably going to town with the 'bubble bursting' + 'hacks' experienced by Gox
-Weekend coming up and hence no new money coming in
There's not ONE good short term news that I can see right now, any bulls care to fill me in?
Disclaimer: Have 0 position in BTC at the moment.
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