Yes I already took some profit of my short. I will probably reshort on any rally.
BTC is looking really week. I don't want to go long since it went down all of 2014.
BTC is looking really week. I don't want to go long since it went down all of 2014.
It looks weak because of traders scum like you who destroy the market and dump on every person who dares to buy 2 coins.
well the classic bubble started at 150 usd last oct ...if btc is truly in a boom/bust cycle it is now cycling back to the mean of say about 150 usd
so the catch is ...is btc in a boom/bust cycle (ie it will act irrational in two different directions up and down) in other word will we have another
irrational boom cycle for no particular reason us mortals can figure out (typical market no idea wtf is going on)
or
is bitcoin in the old 'dead cat' spiral downward without a way up ...all the 'wags' on here claim
me I'm getting a refund likely in btc of around 6.3k ....it it hits my wallet I will likely not spend it.....simply let it ride
but yeah pucker factor is definitely in play here
my own thoughts are it will bounce off at around 200 to 150 upward ...because the minons (us) will think it is a great buy
whether it has 'legs' to stablize after all the FUD the gov't and press and such after that point ..i'm clueless
'take your bets gentleman' in the black or red please...and spin the frigging wheel