Bitcoin Forum

Economy => Speculation => Topic started by: DrYe5 on August 03, 2011, 05:31:56 PM



Title: The Bottom?
Post by: DrYe5 on August 03, 2011, 05:31:56 PM
I think we could nick $6 short-term, but looking at $8 in the mid-term.


Title: Re: The Bottom
Post by: DrYe5 on August 03, 2011, 08:40:34 PM
Was that it?


Title: Re: The Bottom
Post by: Crazy on August 03, 2011, 08:42:48 PM
Pretty evident where valuation is headed.

::Cue error's optimistic post(s) to help curb his loses::


Title: Re: The Bottom
Post by: DrYe5 on August 07, 2011, 06:00:32 PM
I can't help but feel we haven't seen the bottom yet. It's been week after week of sucker's rally's followed by lower lows. What would break that trend?


Title: Re: The Bottom?
Post by: Bigpiggy01 on August 07, 2011, 06:10:19 PM
Dude there is no such thing as a suckers rally ;D

We've had some fun swings yes. Well ok maybe even heavy swings but so has the rest of the world bitcoin is in now way immune to that. And if you look at this ongoing Sunday rally in terms of % compared with previous 6 weeks we're looking pretty good.


Title: Re: The Bottom?
Post by: Shortline on August 07, 2011, 07:41:39 PM
Why wouldn't it settle around $4 or $5? That's where it was before all this silk road bullshit started up oh so long ago...



Title: Re: The Bottom?
Post by: tacotime on August 07, 2011, 08:24:15 PM
Why wouldn't it settle around $4 or $5? That's where it was before all this silk road bullshit started up oh so long ago...



I discussed it yesterday, see here: https://bitcointalk.org/index.php?topic=34978.0

edit: nevermind, I mistakenly thought you were disagreeing.