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Topic: It is just a matter of time - page 3. (Read 3769 times)

hero member
Activity: 728
Merit: 500
June 15, 2014, 07:51:19 AM
#3
If we go sub 500 this will be the first time ever that there was a bull trap of this magnitude, involving a crossing of major 3D/1W indicators occured, the bull market was denied, and the bear market was re-entered. It will truly be a first time experience for all bitcoiners and there will be nothing in bitcoin's past you could compare it to and comfort us with.
hero member
Activity: 504
Merit: 500
Moderator
June 15, 2014, 06:51:20 AM
#2
Hold only if you can take the pain when it goes sub 300or 200$. It might get back to 600$ , but that could take another year or two. The bubbles before have been artificially created by non-existent MtGox USD.
There is no garantuee at all that we will see another ATH bubble. I have to say that we might get a bubble from 70$ to 500$ , if it should drop that far.  Smiley

sr. member
Activity: 952
Merit: 281
June 15, 2014, 06:34:06 AM
#1
It has been a tough year for us Bulls.

But the reality of the situation is that bitcoin fundamentals have improved massively this year and its just a matter of time before:
1) Wall Street gets in bitcoin
2) It becomes a mainstream form of payment.

Look at the charts and you will will see that bitcoin's price is characterized by bubbles.  We can't say when the next one will be, only that sooner or later another bubble will happen; it may be 1 month from now or 1 year or 10 years. But one day another huge rally will happen.

Until then, keep calm and hodl Smiley
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