So chinese new year deadline finally past us

[thedarksun]

But prices stay the same, or as a matter of fact, they decline. Why is that one might ask?
There is seemingly no negative news in the atmosphere, and surviving the deadline without any major drop I assume most people thought the price would rise pretty quickly to the before time high between 900-1000 dollars.
But instead we are going back. Some might say we are still recovering from the china new and most chinese are still celebrating new year, many are too uncertain as of now but it's rather the fact the bitcoin has been overpriced to date all along and we might see a drop to a very low dollar and then over time recover by summer and maybe reach a new all time high 1500-2000dollars by christmas?

[Flanagan]

So many maybes, yes.

so much fear, greed, wishful thinking, dreams and nightmares, yes.

prepare for the worst, that is, losing all money invested in bitcoin, but hope for the best and hang on.

This is not a poem, no.

 

[thedarksun]

Yes but lets be realistic.
Why are we dropping? Is it because of the mtgox bad aura? Or maybe we are at a price where we shouldnt right now. there is virtually no volume right now