Vigil
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December 10, 2013, 04:26:27 PM

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It was obviously not going higher

yeah, ok

btw yes, ~1200 was the obvious top for me too.
These guys are silly on here. They act like it takes a prophet to make basic guesses about where the market is going. When you make multiple attempts to get past $1250 and none of them succeed, you are going down. When a price shoots up 20 or 30% in a day (first burst), you are going parabolic and there will be a massive sell-off. How much is the question. But once it was possible to see the massive sell-off that lead to Gox freaking out, why keep your money in there to get slaughtered?