Post
Topic
Board Speculation
Re: Stop using the term "weak hands"
by
matt4054
on 04/10/2014, 21:59:49 UTC
You definitely have made a loss, even if you haven't actually sold.
Really how so sure? What price did I buy?

"Weak Hands" are looking like "Smart Hands" each day that passes the way things are going.

By the way the "Calling the bottom at 350" threads are now outdated, lets get some more "Calling the bottom at 300" threads  going until Monday.

I agree and I don't think anyone will be able to predict the bottom anyway, at this stage. This "bubble deflation" is taking too long to be driven only by speculative factors and adoption achievements can't even reverse the trend until that said bottom. Hopefully not under $200 but it's still a good price for those who got it early I guess.

I still think "over mining" is playing a role in the trend downward over the last couple of months. It will continue until they fall short and stop mining, but then nobody can predict if the reversal will happen as it depends on the future miners' behavior etc.