Post
Topic
Board Speculation
Re: Bitcoin Dogged by Stubborn Downtrend
by
c0ldfusi0nz
on 25/04/2014, 22:07:37 UTC
I love how everyone on this subforum talks in such definitive absolutes, like they are so sure that they know exactly what is going on without ANY facts or analysis to support their conclusions or theories:

The most important thing to take away from the Speculation subforum, in my opinion, is not the predictions of the people posting on it. It's the general sentiment of the people who are posting. Given that the sentiment overall seems to be extremely low / bearish, I'd say that this is a good indication that we are near a price floor. Admittedly, there are innumerable variables that go into determining the action of the markets, but this is my two satoshis when it comes to price speculation.