Quote from: Trouble821 on August 27, 2016, 09:24:19 PM

Quote from: Torque on August 27, 2016, 08:31:10 PM

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

It's gone down no more than $20 since then, and because of that you're predicting another massive bear market from which Bitcoin never recovers. Dafar will be mocking you in a few months when it's gone back above $600, not down to $450.

If it eventually settles back to ~500, then I predicted right and I win.

If it heads above 600, I simply get richer. So I win again.

Either way, I win. Grin