Quote from: beaconpcguru on December 08, 2013, 07:13:56 PM

Don't see anything here that I identifies with the current situation. I don't think a lot of those that expect a crash greater than 61.8% understand the sheer amount of money that was and is still coming in. Over 225 Million dollars has changed hands in the last three days alone, just on Mt. Gox along with 2.25 Billion Yuan (~367,000,000 USD) on BTC China.

OP, before shorting, you should do some extrapolations and atleast integrate some mathematics instead of trying to confer something with which you cannot grasp.

No Flame mates and quoting the above reply and also some questionable attitudes of the members of the speculation forum , we need to be a bit civilized first and foremost before even think of speculating on bitcoins , the heroes behind monitors lol , that being said this chart was shared for pure sharing that's all have I implied anything? No , it was actually better than 100s of posts up on the Speculation forum bellowing that Bitcoin is crashing and what not , I see a stable future for Bitcoin and very bright one , everyone's got to admit we were in a Bubble and then we are now in a correction it will rise again within the following week and currently people are buying into so yup we are not in a crash now you can relax!

Bitcoin cannot be predicted nor can the future extrapolation and Mathematics can play on the Stocks and Futures not on the Bitcoin Markets , Bitcoin Markets are controlled Psychologically not on much technicality. All the corrections cannot be compared to the April crash so don' try to compare.

I'm a bull and will always remain one , buying and holding is my strategy this is a speculation forum and I've invoked my right to free speech.