Post
Topic
Board Speculation
Topic OP
Are you an optimist or pessimist after the auction?
by
Ohh Pewee
on 02/07/2014, 17:06:36 UTC
Are you an optimist or a pessimist now that auction has mostly completed, and why?  Obviously we don't know the price yet, but I tend to be optimistic.  I didn't see how people thought the btc were going to go under market price, which I why I went long with max leverage @ 581 and bought all the way up to 620  Cool

I find it interesting that people have been calling for a july bubble for months now, and this auction seems to line up perfectly with that theory.  We had months of pent up good news, and I think we just needed a major catalyst to get this train going again.  There's definitely going to be another bear trap or 2 before the official start of the bubble, but I really see this auction as bullish news.

Short with caution.