|
Title: will recent crash stabilize? Post by: libertine on April 28, 2013, 01:59:23 AM will the recent crash stabilize if so how long do you think?
Title: Re: will recent crash stabilize? Post by: Anon136 on April 28, 2013, 02:01:48 AM 130 is probably pretty near the bottom in my estimation
Title: Re: will recent crash stabilize? Post by: Elwar on April 28, 2013, 02:40:15 AM This past week has been the closest we have seen of stability for a long time.
The Speculation section is fairly boring these days. Title: Re: will recent crash stabilize? Post by: Anon136 on April 28, 2013, 02:43:48 AM This past week has been the closest we have seen of stability for a long time. The Speculation section is fairly boring these days. always comes after a bunch of weaklings get shaken out of the market Title: Re: will recent crash stabilize? Post by: mcdett on April 28, 2013, 04:08:57 AM will the recent crash stabilize if so how long do you think? if you new the answer to this you could retire Title: Re: will recent crash stabilize? Post by: ManBearPig on April 28, 2013, 11:28:32 AM 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? :) Title: Re: will recent crash stabilize? Post by: samson on April 28, 2013, 11:34:41 AM This past week has been the closest we have seen of stability for a long time. 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 Title: Re: will recent crash stabilize? Post by: arepo on April 28, 2013, 11:49:36 AM 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 Title: Re: will recent crash stabilize? Post by: Anon136 on April 28, 2013, 12:39:49 PM 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? Title: Re: will recent crash stabilize? Post by: arepo on April 28, 2013, 09:03:15 PM 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? Title: Re: will recent crash stabilize? Post by: phoenix1 on April 28, 2013, 09:17:06 PM The quiet before the next storm ... the coming week will be very telling IMO
Title: Re: will recent crash stabilize? Post by: Anon136 on April 28, 2013, 11:08:14 PM 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. Title: Re: will recent crash stabilize? Post by: arepo on April 29, 2013, 01:19:45 AM 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 :D maybe there should be a bitcoin Go tournament? |