will recent crash stabilize?

[libertine]

will the recent crash stabilize if so how long do you think?

[Anon136]

130 is probably pretty near the bottom in my estimation

[Elwar]

This past week has been the closest we have seen of stability for a long time.

The Speculation section is fairly boring these days.

[Anon136]

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

[mcdett]

will the recent crash stabilize if so how long do you think?

if you new the answer to this you could retire

[ManBearPig]

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?

[samson]

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

[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

[Anon136]

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?

[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

threadjacking alert

what rank are you arepo?

9k you play?

[phoenix1]

The quiet before the next storm ... the coming week will be very telling IMO

[Anon136]

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.

[arepo]

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?