Quote from: exocytosis on September 01, 2014, 07:40:48 PM

We need to get below ten dollars to shake out all the weak hands. Only then can a true, sustainable growth phase begin.

LOL

Last year $30 was the magical number that some people deemed necessary for capitulation. This represented the ATH of the Great Bitcoin Bubble that saw the price increase 30-fold.

Needless to say, it never fell that low. During the crash of 2013, following a smaller bubble that only saw a 20-fold increase, it briefly touched $50 between dead cat bounces but true capitulation occurred at $66.

During the crash from last December's little bubble that barely saw a 10-fold increase, it briefly touched $350 between bounces but capitulation appears to be occurring well over $400.

Ten bucks? LOL

Wishful thinking at best. More likely a fantasy of delusion.