I was typing the same response as you faps but you beat me. The assumption in the responses is interesting, shows the bulls are very touchy and defensive.
To everyone who read this as "objectively we are in a BEAR market", that is not what wetroof is saying. This statement is a joke. Literally. b*** could be bull or it could be bear. Interesting to notice how everyone who has replied to this post this far has read it as bear though...
Best Quote for Bitcoin: "First rule of Wall Street, nobody, and I dont care if youre Warren Buffett or Jimmy Buffett, nobody knows if a stocks going up or down, or *ucking sideways, least of all stock brokers. But we pretend to know." ~ The wolf of wall street.
You know this was a movie, right? Some people have a much better idea of whether a stock is going up or down than others. I agree though that bitcoin is difficult to predict price-action wise.
I sold the 450s at 470 as soon as I saw those walls pop up and have now rebought some in the lower 400s. This is where bottom was suposed to be, though I am concerned about how fast it has gotten here.
Lol at that dude that transferred $50k into Gox a couple days ago...
Post
Topic
BoardSpeculation
Re: Official End of Mt Gox thread
by
sir faps
on 25/02/2014, 04:48:16 UTC
I bet those people who thought "I'm gonna buy all these cheap goxcoins because they're gonna be worth a ton when gox resumes withdrawls" are bashing their heads against a wall right now