Post
Topic
Board Speculation
Re: Lets pretend Gox gets fixed monday. Now what?
by
Nathanael_
on 15/02/2014, 14:40:55 UTC

Stamp is currently at 650
Gox at 330.

What do you think will happen to price?

Gox will be back at 850 and stamp at 780... Just like it was... And then we go sideways again...
wtf 780 and sideways? really? that would break almost every major resistance point and ema on the chart right now. are you crazy?   oh yea gox fixed withdraw so the entire bear market is off. lets forget all the other problems and the capitulation trolololol.  Unless 780 is another trap before the real bear market even begins.

Yeah that would be exactly there where we were before all these problems and fud´s began. We were in a sideway trend for over a month as I can remember. There is no reason to go higher than 780 for Stamp unless good news will come and more people get in Bitcoin.
Can you explain why the entire 2 weeks of negative events and downtrend would be reversed just because gox enabled withdrawals? That is only a single thing. Gox is not bitcoin.

I agree with you 100%, but that won't stop people from going ape shit panic buying