We might see $3. After each big drop, there's been some recovery. But each top was lower than the last, and each recovery lasted no more than three days.
no one's listening to you.
Actually, I've received several private messages recently thanking me for keeping them from making a big financial mistake.
Now let's have a look at "cypherdoc"'s track record:
- September 3, 2011: "while the falloff has been dramatic, it appears to be stabilizing around this 8-10 range. i keep accumulating on the way down. just give it time. they can't stop it."
- August 4, 2011: "Re: $10,000 Bet that Bitcoins will outperform Gold, Silver by 100X !!! --- i happen to agree and i've staked my money on it!!!!"
- July 9, 2011: "i will also bet any or all of you btc bears/trolls in this thread 100 BTC each to be held in escrow that the USD price of 1 BTC will exceed $20 in one year."
If he's telling the truth, he's lost a lot of money in Bitcoin. Anybody fool enough to listen to him did, too.