creekbore, I told you bull trap. 
(sounds like "bull crap" hehe)
RAJSALLIN did you see me flinch as price headed back up. I told you price is going lower. Because I know something everyone else hasn't figured out yet.
(sounds like "bull crap" hehe)RAJSALLIN did you see me flinch as price headed back up. I told you price is going lower. Because I know something everyone else hasn't figured out yet.
I didn't expect you to flinch since you are certain in your predictions and you have no desire to buy any coins in the first place. Your predictions of new lows may be coming soon. Exciting. Let's see how it plays out.
I am not certain about the level of the bottom price, as such curve fitting can't be that precise. Only the market knows where the equilibrium is. TA may help and other ways of analyzing such as the compounding from prior bottoms as I did ($300 - $350).
What I am gaining confidence about is that the adoption rate and thus growth rate of the price is slowing (yet still phenomenal). And I feel good odds that I am correct about price not racing past $10,000 before end of 2015 and the price appreciation in 2016 being roughly par with gold (within a factor of 2 or at most 3). I expect gold to go to $5000 at least (2017?) with a rocket to ATH in 2016 (as the confiscations begin and global collapse begins in earnest).