Post
Topic
Board Speculation
Re: Wall Observer - MtGoxUSD wall movement tracker
by
BitPirate
on 03/04/2013, 03:13:40 UTC
Things are kind of reaching a fever pitch here. Anyone else scared? Even a bit?

Yes, a bit. The forum is showing that giddy kind of euphoria with lots of swagger and bravado and posts about huge anticipated prices that once often sees at the top in a market.


This always gets trotted out during gains. I've only been active on these forums for a few short weeks (since ~$30-odd), but it seems that it's like clockwork: After every big gain, people get nervous and start calling out irrational exuberance.

However, it seems the real irrationality is usually always on the side of the bears.