Post
Topic
Board Speculation
Re: Where we are.
by
Malawi
on 02/07/2013, 10:08:38 UTC
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Funny you should ask.

I think we are just passing denial and going into pessimism.

Note how the posts with "We will bounce right back to $150 and beyond", and the denial that we are in a bear market have begun to fade away.

so if we keep repeating it enough it must come true, right?

Absolutely not. But it seems like the sentiment on the forum have changed quite a bit, and psychology is an important factor in BTC.
I'm thinking we are on a slide that will keep on sliding for some time, and that we will go back below $50. But I do not try to hide the fact that I could be wrong.

Code:
Name: Malawi
Posts: 805
Activity: 98
Position: Full Member
Date Registered: April 08, 2013, 04:46:46 PM
Last Active: Today at 01:54:52 AM

Not completely sure what you are trying to say here, but I guess it's that I'm a pretty fresh user. With the assumption that I cannot know where the market is going. I'm thinking that fresh eyes that are not blinded by BTC's past might be most likely to keep a more balanced view.