Quote from: duffy22 on June 02, 2011, 02:35:26 AM

Quote from: altoid on June 02, 2011, 01:11:23 AM

ok, I was waaaaaay wrong with my last call, but I'm going for it again:

The top is immanent. An ending diagonal pattern has completed or is near completion. This is, in Elliott Wave parlance, the 5th wave of the 5 wave sequence that started back in October 2010. This entire move should be retraced with the most probable bottom coming in around 1 btc = $1.

I've liquidated all of my bitcoins and have $25k sitting in Mt. Gox with a 25k btc order at $1 per btc.

Once the rally renews from there, I can retire...wish me luck

Hopefully you're right. I won't purchase btc unless it falls well below $10, otherwise I'll just accept that I was late to the party. I'll be kicking myself if the value skyrockets though.

Agreed. I'd be willing to make a moderate "investment" if the value of the BTC went below $2.00. Otherwise I'll just have to love with my 5 BTC and be happy. :/