Quote from: bitebits on November 25, 2016, 11:23:57 PM

Quote from: uki on November 25, 2016, 10:07:28 PM

@OP:
technically we have a double top formation with the lower second top on the chart for this year. This looks technically ugly, and I guess correction is imminent.
how about that? Do you still think it is a good buying time?

It is called 'painting the chart', so a meaningless indicator if you ask me.

Bitcoin has so much room to grow since it still is very tiny on a macro level. Not even a blip on the radar. So of course it is a good time to buy, considering the insane upward potential versus the limited downward potential (0.00 $).

Speculation Rule: sell when others are irrationally optimistic or too reckless. We are far from there at a meager 12 billion market cap.

greed + meaning less speculation arguments = welcome joe Grin