Post
Topic
Board Speculation
Re: Bitcoin is looking weak. Recommend you guys take profits soon over $1000.
by
JakeGold
on 06/12/2013, 11:40:49 UTC
Seems like I'm reliving the first bitcoin bubble which I was very active in.

[...]

To me right now bitcoin just looks weak and I think it will be going much lower during the next few weeks.

Flame away, but I will stick to my position.


Barring your past predictions/inaccuracy, what would you say the bottom will be this time?

From what I've learned about bubbles and bitcoin, I'd say your sentiment is spot on. Considering we were at $100 not that long ago, and looking at the current bitcoin mania, a >$1000 bitcoin will eventually lose steam.