Post
Topic
Board Speculation
Re: Wall Observer - MtGoxUSD wall movement tracker
by
Murderous_wabbit
on 10/04/2013, 21:05:04 UTC
As for the price action... trollolol. It'll be even harder to keep the bubble going after this wake-up call.

It'll burst, then you'll get time to make up fantasy stories, and when the bust sets in there'll be drama for everyone.


Ok, I guess this is my cue to take you down a notch.

-After an 85% increase in 3 days, a 50% "crash" is nothing more than a minor correction.
-It didn't even break a rolling week's low
-We're back at the price we were a few days ago.

It absolutely ASTONISHES me to think people actually see this as a "bubble popping."




+1

Personally, retracements like this make me feel soooo much better.  The straight up rocket scares me to death.

IMHO, this is great for price stability in the future.