Quote from: YipYip on May 06, 2014, 01:14:03 AM

To be fair we have tested & retested the 415 support line ...many many times

Your fantasy sub 300 still has not come to pass ... go hungry bear boy Cheesy

Ever heard of patience?

I remember advising n00bs not to buy in in $800 range, asking them to imagine how they would feel when when Bitcoin was trending in $400 - $500 range. That was around 3 months ago. A long time in Bitcoin world. At the time, I was pointed at and laughed out the place, yet here we are 90 days down the line. Trending in $400 - $500 range with the next leg of significant trade volume looking certain to take us down into $300 - $400 range.

Just a couple of weeks ago you were enthusing that the rocket had lifted off and advising everyone to get $500 range tickets whilst they were still available. I would have thought that with the price action since then and the ultra negative looking state of pretty much everything, that you might have laid of the Kool-Aid a bit by now.

I last stated in lower $500s that if I hadn't banned myself from shorting Bitcoin, that I would short Bitcoin. Even now at $430, Bitcoin is still a good short as sooner rather than later, we are definitely going sub $400. What happens in the $300 range is another matter but I believe that we will ultimately see $200 range. When he have hit some resistance in $300 range, I may take a long position, sleep on it, and see how I feel about Bitcoin after a bit of subconscious pondering.