Post
Topic
Board Speculation
Re: panic kicking in, sub 200 by friday
by
pleaseexplain
on 08/04/2015, 13:28:25 UTC
You heard it here first.
There is some serious panic going on in relevant channels.
You want to get out at this point, maybe get back in slightly under 200 for a small bounce.
lol at trying to spread more fear to get the price down because your shitty 160 prediction by april 14th is about to fail.

Honest question (I'm thinking a lot about this lately): Do you guys think that the outpour of negative and bearish posts here (and other places) really causes the price to go even lower, resulting in cheaper coins for those people?

yes I do. We all know the bitcoin price has historically been highly volatile and now for about 3 months the price has (except for 1 day) stayed in a $200-$300 band. This is despite some of the bulls wishlists eg eft, gemini slowly getting through the regulatory hurdles. So if we have good background news out there and yet it does not move the price up then the bulls start trying to read smoke signals from other places as drat and damn the price may just slowly go down. Smoke signals include continuing bearish forum comments as to the bulls they will have an element of truth since the best the price can do is stagnate. if you are a bull trying to go to the moon that is as good as your rocket ship stuck on the launchpad.
This should be worth about a $5 further dip in the price?