Post
Topic
Board Speculation
Re: This is actually bullish
by
drporschef
on 18/08/2014, 19:24:26 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
But the pattern cannot continue in that way infinitely... you'd expect the ATH to push on pst $1200, but nowhere near the $6666 figure..