Ninjastic
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Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Torque
on 27/08/2016, 20:31:10 UTC
Quote from: Torque on August 14, 2016, 04:20:25 PM
Quote from: Dafar on August 13, 2016, 04:55:03 PM

Quote from: Torque on August 13, 2016, 04:07:08 PM
So zooming out to 1d on the chart, from 5/24, bitcoin is just looking like your typical PnD bubble that we've seen so many times before.  A blow off top, followed by long legs down.  

Looks like it could eventually deflate all the way back to ~450.  Undecided




So Dafar, still mocking me thus far?

Quoting myself ftw.  Looks like we're just going to keep grinding down ~$10/week or so, until this bubble completely deflates.

Since there are no buyers, looks like the only thing that could put the floor in is the hashrate/mining cost, wherever that may lie.  Undecided