Post
Topic
Board Speculation
Re: This is actually bullish
by
Hyena
on 18/08/2014, 15:08:22 UTC
I like it. Rich get richer, weak hands lose everything. Before the last bubble it dropped down to 60$ and the ATH turned out to be 1200$. Even if we drop down to 333$ then a comparable next bubble would ATH at 6666$ and BTW a drop down to 333$ would be proportionally equal to the pirate40's default in August 2012. Everything is normal  Cool

comparing the two situation on a 1:1 scale isn't really realistic, rising to 6666 form 333 is unreal, not gonna happen imho

Might take a longer time, which implies it won't be a 1:1 scale....

Why do you bother saying things that everyone already knows? That's why I used the wording comparable next bubble in the first place. To stop people from stating the obvious. If the price dropped 33% back in August 2012 and it has not yet dropped 33% since the last mid-term stability then all I wanted to point out is the fact that this ain't as bad as it was back then. You're seeing a speculation in places where you should see an emotional comparison instead. Yet, if I had to explain then my original statement was probably too implicit.