windjc
Legendary
*
Offline Offline

Activity: 1820
Merit: 1040


View Profile Personal Message (Offline)

Ignore
November 21, 2013, 11:13:09 AM

This might for 6 months be known as the "the chance you had to sell at the top of that bulltrap" but I can't bring myself to do it...

If I was the manipulator, I would lure all the suckers in now, and then drop the bomb with a market order.

The "price per coin sold" times "number of coins possible to sell" is now much higher than at the pop.

Main question - if bitcoin is short term worth this price, no problem. If not, somebody will notice and sell some Wink
The hearing, Bernanke and Doj declarations are not prices imo. These are the best news ever.

Imo thinking within a linear regression paradigm instead of consider what happens in the real world is not optimal.

I agree. People just look at previous charts and try to explain current ones. You have to look at the entire picture. Truck loads of money is pouring into the exchanges. I'm getting more bullish by the hour. Not 100% there, but about 75%.