Post
Topic
Board Speculation
Re: Well that didn't last long...
by
frienemy
on 13/11/2014, 20:58:53 UTC
Well we are still +15%  compared to last week. I can handle a coin which "just" grow 15% a week. Wait we go below 370 to announce the resume of the downtrend

Remind you that we are currently

$10   lower than $410 at one month ago
$120 lower than $520 at three months ago
$250 lower than $650 at six months ago
$400 lower than $800 at ten months ago

This could be a bull trap, another new low sub-$300 can happen in any time

We're +3200% higher than 2 years ago.

Wanna compare arbitrary timeframes?

yeah +1 this.

we're $415 or %Infinity higher that 5 years ago, too. how is this important? the local bottom is in, whether your bearish heads like it or not.

Like it or not? People have been calling the bottom every day since $1200 - $280. Saying this time you're right is ridiculous.

Yep, MANY have been calling the bottom at 1200 Grin
The bottom might well be in, it's at least unlikely to drop much further than 270. Saying Bitcoin is in a permanent downtrend and will never recover, however, is more ridiculous