I'm glad to hear that you arn't a Shodan i always feel like I'm 3 inches tall next to someone like that. I was 6k at my peak.
i've been in the presence of many and i can agree with that sentiment
maybe there should be a bitcoin Go tournament?
Topic: will recent crash stabilize? (Read 1303 times)
i've been in the presence of many and i can agree with that sentiment
maybe there should be a bitcoin Go tournament?
LOL, are you really suggesting that those who were weak sold at $160+
They can buy back right now at $132/$133
you didn't think this through.
the only reason anyone can buy back so low is because they sold. if they didn't sell, then they were not weak hands.
also, you're neglecting the sellers who sold between $132 and $121
--arepo
threadjacking alert
what rank are you arepo?
9k
you play?I'm glad to hear that you arn't a Shodan i always feel like I'm 3 inches tall next to someone like that. I was 6k at my peak.
The quiet before the next storm ... the coming week will be very telling IMO
LOL, are you really suggesting that those who were weak sold at $160+
They can buy back right now at $132/$133
you didn't think this through.
the only reason anyone can buy back so low is because they sold. if they didn't sell, then they were not weak hands.
also, you're neglecting the sellers who sold between $132 and $121
--arepo
threadjacking alert
what rank are you arepo?
9k
you play? LOL, are you really suggesting that those who were weak sold at $160+
They can buy back right now at $132/$133
you didn't think this through.
the only reason anyone can buy back so low is because they sold. if they didn't sell, then they were not weak hands.
also, you're neglecting the sellers who sold between $132 and $121
--arepo
[/quote]
threadjacking alert
what rank are you arepo?
LOL, are you really suggesting that those who were weak sold at $160+
They can buy back right now at $132/$133
you didn't think this through.
the only reason anyone can buy back so low is because they sold. if they didn't sell, then they were not weak hands.
also, you're neglecting the sellers who sold between $132 and $121
--arepo
This past week has been the closest we have seen of stability for a long time.
The Speculation section is fairly boring these days.
The Speculation section is fairly boring these days.
always comes after a bunch of weaklings get shaken out of the market
LOL, are you really suggesting that those who were weak sold at $160+
They can buy back right now at $132/$133
It would appear (things can change) that yesterday's touching of $123/$124 was the double bottom of the last 3 days.
For many, the 'crash' was over once we hit the double bottom at $50 (we are now 175% above that low). Indeed the rush to recover from that to $165 was unsustainable and that's why we now sit at $133. The fact that $120 didn't even look like being breached is a big bullish sign.
You might even argue that a proper crash should last longer than the last one did to be called a crash. The DJIA took months to hit half of its ATH again in 2009 after the crash.
The price of BTC is currently, largely, more stable than it has been in recent times especially in the run-up to $266. Ours took 9 days.
So the questions are: how stable do you want it? How many years are you prepared to wait?
For many, the 'crash' was over once we hit the double bottom at $50 (we are now 175% above that low). Indeed the rush to recover from that to $165 was unsustainable and that's why we now sit at $133. The fact that $120 didn't even look like being breached is a big bullish sign.
You might even argue that a proper crash should last longer than the last one did to be called a crash. The DJIA took months to hit half of its ATH again in 2009 after the crash.
The price of BTC is currently, largely, more stable than it has been in recent times especially in the run-up to $266. Ours took 9 days.
So the questions are: how stable do you want it? How many years are you prepared to wait?
will the recent crash stabilize if so how long do you think?
if you new the answer to this you could retire
This past week has been the closest we have seen of stability for a long time.
The Speculation section is fairly boring these days.
The Speculation section is fairly boring these days.
always comes after a bunch of weaklings get shaken out of the market
This past week has been the closest we have seen of stability for a long time.
The Speculation section is fairly boring these days.
The Speculation section is fairly boring these days.
130 is probably pretty near the bottom in my estimation
will the recent crash stabilize if so how long do you think?
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