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Author Topic: Why does it keep falling ?  (Read 9031 times)
Phinnaeus Gage
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April 10, 2014, 09:38:11 PM
 #61

my guess is that this weeks flat trading scared a few speculators into selling, dropping the price into the low 16's yesterday...thats causing a ripple effect and now there is a panic sale that will prob drive it down to mid or low 15's

i actually wish i had more usd in dwolla or on the exchange to buy more today...i spent my reserve cash on the low prices yesterday......my guess is the price will settle at 14-15 and go back up to 16-17 in the next few days. 

in any case, im keeping my money in....i could be wrong, but if i am, i haven't lost too much (never gamble what you cant afford to lose  Wink)

I wonder where evolve went to.
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YipYip
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April 10, 2014, 09:45:11 PM
 #62

my guess is that this weeks flat trading scared a few speculators into selling, dropping the price into the low 16's yesterday...thats causing a ripple effect and now there is a panic sale that will prob drive it down to mid or low 15's

i actually wish i had more usd in dwolla or on the exchange to buy more today...i spent my reserve cash on the low prices yesterday......my guess is the price will settle at 14-15 and go back up to 16-17 in the next few days. 

in any case, im keeping my money in....i could be wrong, but if i am, i haven't lost too much (never gamble what you cant afford to lose  Wink)

I wonder where evolve went to.

I had to do a double check as i thought he was talking about ltc... lolz

You are freaking me out necro ing such an old thread ..I suppose the "stop falling" theme is appropriate :/ 


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