yomofoV
Short

the bear market has just begun

BITSTAMP:BTCUSD   Bitcoin / Dollar
331 9 3
strap in your seat belts.
lol nigga please.
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you think all the whales and investors are going to let bitcoin go down to 0.72?
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yomofoV PRO dekanifisher
well it might go lower, some penny stocks trade below $0.01
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Hi. I don't know anything about penny stocks. Are there penny stocks now worth $0.01 that once traded at $1200?
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yomofoV PRO johnrfraser
"Nortel shares reach a high of C$124.50, or more than C$1,100 each if adjusted for a stock consolidation that took place in late 2006, giving it a market cap of more than $250 billion."
http://www.reuters.com/article/2009/01/15/us-nortel-timeline-sb-idUSTRE50D3N120090115


current price $0.003
current market cap $1.49 million
https://www.google.com/finance?cid=25875


although I don't think bitcoin is likely to trade under $0.01.
+1 Reply
Yep. That's not a good look :-/
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johnrfraser johnrfraser
Thing is though. Right now, until this fails at 245 (which based on my EW is a 71% retrace of the last 3 waves), this is just a respectable retrace.
People seem to see big retraces and all of a sudden Bitcoin has turned into tulips again, no?
I guess that's what a market needs though...as if people didn't panic and change sentiment from wave to wave, there wouldn't be any waves at all :-)
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yomofoV PRO johnrfraser
trolling the permabulls
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what?
+1 Reply
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