Peter R
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February 14, 2014, 03:35:58 AM

This forum is almost as batshit crazy right now as when we were at $1200.   The agendas are out in full force.

Is the bottom in? No. But its getting closer.

Reading some more fiat for a purchase soon. Probably within the next week.

Meanwhile, bears, enjoy the ride. You are making cheaper coins available for all. And I thank you for that.

I agree we aren't at bottom yet.  There is a sense of concern in the air, but there's been no panic since the Mt Gox press release on Monday.  I think we grind lower, perhaps with a few bull traps, and then a final panic drop to the true bottom.  I bet we definitely break into the $5xx's on Stamp, probably dip to the $4xx's, but I really doubt we see $3xx's.

Of course, I don't know what I'm talking about, so please don't consider this trading advice!


EDIT: Hey, we broke into the $5xx's while I was writing.