Quote from: pringbit on August 31, 2014, 10:47:29 PM

Quote from: sx100 on August 31, 2014, 10:10:52 PM

Quote from: galbros on August 31, 2014, 09:54:41 PM

Your forecast would have more credibility if you provided a rationale and or a timeline. Anyone can say anything will happen within weeks.

I am surprised that bitcoin has not been able to return to its post USMS sale highs, so it should not be too difficult to come up with a good bear story.

We recently had a flash crash to below $350 on one exchange, but it only lasted minutes. If we get another within the next month he will proclaim himself right.

Yes but that flash crash probably was caused by a single whale, was that a sort of missclick?

i think that flash crash was an accident. someone put a bunch of coins for sale at 350, thinking it was 450 and boom, someone swept in and bout them, hence the crash to 350.. but it rebounded in the next few trades. that happened to me many times when i would trade in blocks of 50, i would put it at a dollar or 2 more, but someone would just buy it because its was the exact amount that they wanted. so, the price would "skyrocket" temporarily... thats when bitcoins were just a few dollars.. so, that flash crash is no big deall.. someone made a mistake or programmed their bot wrong...