Topic: We are at "DESPAIR" - page 2. (Read 2302 times)
Don't see it. Everyone who actively trades crypto is well enough informed of what's going on. This whole situation seems a bit too unique to fit neatly into normal market behavior to me.
You can't both reject the "stages of a bubble" chart and refer to its stages in your analysis at the same time...
Just because you didn't post that silly "stages of a bubble" chart, don't think that people can't see what you're doing.
Current prices aren't what they are because of someone's idea of where we are in a bubble.
They're what they are because of the MtGox situation.
Go ahead and despair if you want. I'll wait for more news and clarification of what's really happening at Gox.
Meanwhile, I'm holding my coins and freeing up fiat to buy more.
Current prices aren't what they are because of someone's idea of where we are in a bubble.
They're what they are because of the MtGox situation.
Go ahead and despair if you want. I'll wait for more news and clarification of what's really happening at Gox.
Meanwhile, I'm holding my coins and freeing up fiat to buy more.
I believe we have reached the "DESPAIR" stage, feeling of "hopelessness" has gripped the bitcoin world, everything is down, people sold all their altcoins, etc. Which IMO means prices are going to "final bottom out" within this week, then we return to mean prices and stick there till the next lift-off.
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