LTC is still comparatively high compared to what it was only 2 weeks ago.... BTC is dropping slightly at the moment..
Thar she blows... BTC-e went down first - GOX took a bit longer to crash as it is harder to get your money out of GOX.
No comment about the prediction but it has been fascinating that parity with gold has been the major point of resistance
BTC drops every Sunday (our time). Rocking up on Sunday morning and predicting a crash in the next 48 hours is nothing short of cheating. :lol:
Sooo... A question to all these people... domdolittle, beeteecee, hiho, House, prospector, Load of Bullion... How much money did you lose? I hope you have all learnt something.
It was a good call, but anyone using T/A with half an idea could see it coming. Hence my frantic search for a way to short the market. It is nice to know the same market dynamics apply to all markets. :lol:
I took profits last week, and everything left is now free-carry Trading volumes were very low over the weekend prior to this correction, probably because the US was in a turkey coma, so I expect prices to recover once the US comes out of the weekend eating/shopping frenzy!
Bounced off the bottom... already 1100 @ Gox Prediction: 1500 by the end of the week ! in A$ of course
In silver and Gold, if anything, I've lost thus far. In Bitcoin I have gained considerably thus far. Why don't you ask people about there lessons with silver or gold. Oooohhh Nooowe don't do that here. The silver chart shows a classic bubble.
Mate I criticize people for investing in silver and gold all the time - Bullion Baron especially who has been calling the market higher for the last few years. First stop for silver should be US$14/15.