Hi guys, just came back from holidays, how is 2014 treating you? Is this rally "legit" or a bull trap, what's the consensus in here?
What about repietila? Is he bull or bear now? Need to know to do the opposite he says
It's a very long bull trap. Very long indeed!!!
Another Bitcoin bull trap...
...someday those silly bulls will learn.
thoughts on what might come over the next few days?
Preparing for an epic dip. No word from Mt Gox and they promised update today JST. Its past 5p JST - if they had a semi-positive update they would have released it by now. Preparing for some cheap coins!
Even a complete collapse of MtGOX should affect the price only in the longer term, ...
Perhaps. However one shouldn't count out the potential for manipulators to drive the price down short term. I doubt it would last for long, and the weaker hands will no doubt bail out quickest, so it may be a blessing in disguise.
fully agree. anticipating a quick but noticeable dip = cheap coins.
I can only imagine the headlines when this story is picked up by mainstream as "protocol vulnerability found" - bummer it's probably (but hopefully not) going to get blown out of proportion.
It is only 5:30 in North America EST
Wait till North America wakes up
I'm on the west coast in america - those who care and pay attention knew this was coming and stayed up. 100% fiat now. Agree on america waking up and panicking .
maybe this is the bottom??
It hit sub $650 earlier this week, and that was before headlines like "bitcoin protocol bugs" start hitting the awake world. If this is the bottom, then the whole world is acting reasonable - which I don't expect to happen. Can only hope, though