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Bitcoin Forum > Economy > Economics > Speculation > The Bottom?
Poll
Question: Place your bets! Where will we bottom?
<$1 - 11 (22%)
$1-4 - 14 (28%)
$4-6 - 25 (50%)
Total Voters: 50

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Author Topic: The Bottom?  (Read 1357 times)
DrYe5 (OP)
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August 03, 2011, 05:31:56 PM
Last edit: August 07, 2011, 06:01:00 PM by DrYe5
 #1
I think we could nick $6 short-term, but looking at $8 in the mid-term.
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DrYe5 (OP)
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August 03, 2011, 08:40:34 PM
 #2
Was that it?
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August 03, 2011, 08:42:48 PM
 #3
Pretty evident where valuation is headed.

::Cue error's optimistic post(s) to help curb his loses::
Elon Krusky
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August 07, 2011, 06:00:32 PM
 #4
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?
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August 07, 2011, 06:10:19 PM
 #5
Dude there is no such thing as a suckers rally Grin

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.
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Shortline
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August 07, 2011, 07:41:39 PM
 #6
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...
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August 07, 2011, 08:24:15 PM
 #7
Quote from: 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...



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

edit: nevermind, I mistakenly thought you were disagreeing.
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