3 ms·
There were many cries of "It's Crashing!" a week or two ago when it mtGox hit $1000 and then started falling. It stabilised around $800 before climbing up ag
by Lerc 13y ago
There were many cries of "It's Crashing!" a week or two ago when it mtGox hit $1000 and then started falling. It stabilised around $800 before climbing up again.
This may be the same, or it might not. I can't tell, and probably neither can you. What you can be assured of is those who scream "It's a Crash!" at the first sign of a drop have generally been wrong more often than right. Some will be right when it does crash, but how much of that is luck, wisdom, or the fact that they got it right by calling it enough times that they were bound to hit the mark when it did happen.
- phaed 13y agoLooks like it's exactly the same.