Classic dead cat bounce showing on the 1hr. Last Monday's pennant isn't looking too successful now.
Next Monday, 2bit is going to release info on foundation members. $180 by Friday, Adam?
Yeah, worst case scenario of news could cause a dramatic decrease in prices, but 70%, seems doubtful. Maybe we may get another flash crash into the upper $400s, but even that seems questionable, if we do NOT even know the DAMNING news.
implying that anyone cares about the 2bittrash, his 5 minutes of internet fame were over a week or 2 ago.
Maybe you are correct, and maybe, just maybe, 2bit is ONLY an attention whore.... I kind of doubt that. There may be some there, there? It seems that we cannot know for sure (or condemn 2bit), until we see the presentation of the DAMNING evidence.
$480 by Monday night.
$800 by Friday morning.
Based on numbers that I completely pulled out of my ass using absolutely no graphs, charts, or history. And that's probably as good of a guess as anyone trying to predict the Bitcoin market with all those fancy tools.
Certainly, I like specifics... and thanks for that. You are suggesting an immediate negative reaction to the 2 bit news, but we will be over it by Friday. I tend to think that we can make 800 by friday, only if there is NOT any kind of negative reaction to the news. If we get a negative reaction, like you predict (down to 480), then we could NOT make anymore than upper $600s by Friday... I'm kind of pulling this out of my ass, too...