Author

Topic: Right now = end of the Aug. 2012 crash? (Read 581 times)

hero member
Activity: 504
Merit: 500
June 09, 2013, 08:48:07 PM
#4
Very, very similar. Sounds good to me since we all know what happens soon :>
sr. member
Activity: 462
Merit: 250
June 09, 2013, 08:29:35 PM
#3
It sure looks like it, but historic trends does not necessarily repeat itself.

That all said, I think we are in a downwards market ATM. Actually I am surprised that BTC have stayed so high for so long as it have this time. That may mean that the bottom will be higher than the $20-30 that one would expect comparing to historic trends and 2012.

Well said and pretty accurate but wouldn't be surprised if the bottom is $20-30.
full member
Activity: 224
Merit: 100
One bitcoin to rule them all!
June 09, 2013, 07:54:42 PM
#2
It sure looks like it, but historic trends does not necessarily repeat itself.

That all said, I think we are in a downwards market ATM. Actually I am surprised that BTC have stayed so high for so long as it have this time. That may mean that the bottom will be higher than the $20-30 that one would expect comparing to historic trends and 2012.
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