Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
HI-TEC99
on 16/09/2018, 20:42:36 UTC
So is this what the crypto winter felt like ?  Or still too cheerful?

A lot of people melted away, at times there was just Chart Buddy auto-posting for three or four posts, which meant no one had posted anything for hours.

With Gox and the slow grind down it was just dull, felt like an ATH was maybe never going to be seen again.  It wasn't despair, it was like watching a life support machine.  Early 2015 was probably the worst, when it went under $200.

I was under water then, so just bought a load more to cost average down and didn't log in as often.

You could catch up on a week's posts pretty easily, though.  The good old days, eh..?

Largely, I agree that currently we are not in a crypto winter.

Secondly, most of us (longer timers in this thread) should realize that a crypto winter is not a necessary precedent in order for the price to resume UP.     

Furthermore, it has also been a pretty depressing 9 months with our current bottom largely being reached in early February and bouncing up within 50% of that up to $10k and back down again in smaller ranges, several times.  Accordingly, we might be ready to resume up, at this time, right?

There were two pumps in 2013, and if a similar pattern emerges again we might get another pump soon. Perhaps we'll have to go sideways for a while before the pump sentiment begins.