stelakis

To infinity by 2018 or wayyy before.....

Short
BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
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2
Anyway you slice and dice it sustainability that defies physics does not exist.... you may feel a fool for not betting the farm on bitcoin but you will be very very happy when this thing reverses course sometime soon... the exit will be even more abrupt then the entry...unless of course the next trajectory is a nice valley and plateau in the heavenly clouds.... I drew the monthly chart because the validity of any trend is always stronger on the longer frames.. still I regret that I did not but thousands of bitcoin when it was $7? (right?) :) :) If you are planning to get in now, think: what level you need to reach to double your money? If you are in (big) what is the reason you are still in? That log scale can fool you though....

Comments

It may be sustainable in the long run but the bottom is going to start falling out tonight!!


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Do you think it's still going on?
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