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Title: Call the low? Post by: notig on May 03, 2013, 12:13:21 AM I think best cast scenario is we have another test of the 90 barrier (like there were 2 tests at 50 of the last crash) then a slow hold and recovery.
I think worst case scenario 60 is bottom for a moment sometime in the future. Everything in this market seems to be accelerated... the bubbles going up seem accelerated. The crashes coming down seem accelerated. But the fact that we haven't crashed deeper than 90 today might mean the holders of bitcoins are somewhat more mature than the last group overall? Title: Re: Call the low? Post by: Kazu on May 03, 2013, 12:13:51 AM $90 is low for obvious reasons.
Title: Re: Call the low? Post by: Frozenlock on May 03, 2013, 12:20:52 AM How is not going lower than $90 "more mature"?
Title: Re: Call the low? Post by: UltimateReaper on May 03, 2013, 12:25:32 AM over 9000
For the love of god let it be 90. Downtrends seem much harder to make a profit on. Mostly because of the uncertainty. Title: Re: Call the low? Post by: oda.krell on May 03, 2013, 12:36:08 AM Under the condition that no "catastophic" news break (bitcoin algorithm fundamentally flawed, for example), I'm going to say that I think we will probably never drop below 30 again, we will most likely trade below 50 not longer than for a few hours if at all, and, to finally answer your question: I think 55-60 will be the low of this correction.
Title: Re: Call the low? Post by: johnblaze on May 03, 2013, 12:40:47 AM LOL at talking about "maturity"
apparently, to the OP, people are "mature" only if they do what he wants them to do Title: Re: Call the low? Post by: seleme on May 03, 2013, 12:44:24 AM We had a low mate, we had it, at least for today. If you missed a chance to bank today, you can join my club. Membership is only 4.5BTC/month
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