Post
Topic
Board Speculation
Re: A perma-bull's take on this situation
by
fewcoins
on 03/10/2014, 07:37:02 UTC
I am and forever will be long term bullish on Bitcoin.

However, I think it is pretty clear right now that there is ZERO confidence in the markets.

It is pathetic that we cannot even stabilize above $430 after what happened the other day.

Many weak hands are scared and leaving the market.

Scared money doesn't make money, so please let me have more of your cheap coins Smiley

I think we will see $375 and stay around 4xx for a long time though before anything jumps off again.

Im fine with this... more "cheap" coins for me too.

As long as adoption rate continues to climb I am happy. Price is being kept artificially low, wether it be manipulation or loss of faith. After that is done.... we all know what is going to happen.

People thought they were getting cheap coins when the price fell to $500. Smiley

I've bought all the way down and proud of it Cheesy

Coins at $500, $400 and $370's are all better than paying for coins in the $1,000+ range. I have automatic weekly buys, so keep selling me your coins please Cheesy

No problem! More coins every second... literally huge 100BTC blocks on sell order waiting for you to buy more & more & more & more & more & more & more & more & more & more & more & more & more & more & more & more & more & more & more & more & more & more & more & more & more & more & more & more & more & more & more & more & more & more & more & more & more & more & more & more & more & more & more & more & more & more & more & more & more & more & more & more & more & more & more & more & more & more & more & more & more & more & more & more & more & more & more & more & more & more & more & more & more & more & more & more & more & more & more & more & more & more & more & more & more & more & more & more & more & more & more & more & more & more & more & more & more & more & more & more & more & more & more & more & more & more & more & more & more & more & more & more & more & more & more & more & more & more & more & more & more & more & more & more & more & more & more & more & more & more & more & more & more & more & more & more & more & more & more & more & more & more & more & more & more & more & more & more & more & more & more & more & more & more & more & more & more & more & more & more & more & more & more & more & more & more & more & more & more & more & more & more & more & more & more & more & more .......