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/biz/ - Business & Finance

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2008233 No.2008233 [Reply] [Original]

Judging by these graphs, next dip to earth when? Surely over summer. thinking of going in just 2k if it slams back to 600 or so.

>> No.2008262

>>2008233
btc aint going down to 600 ever again. the only reason for the absurd drop to 200 was because of mt gox

as you can see it has hardly effected its long-term gains

you might as well buy now if you plan on investing long-term

>> No.2008286

>>2008262
>MySpace will last forever

>> No.2008331

>>2008262
Long term being? It was >$300 a year ago, >$200 a year before that.
What event will be the blame for the next extreme dip?
If it breeds wealth, people will make it happen.

>> No.2008862

Wouldn't it "Cup and handle", and just keep going higher

>> No.2008896
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2008896

>>2008233
Chart has to become truly vertical to become unsustainable, so at least around 2-4k (maybe even multiples of that).

This will be caused by self-organized critically (wide-mainstream media pumping) increasing the money inflow substantially over a short period of time which in turn causes the price to rise sharply until the increase in investors slows down while suddenly rich folks are cashing out.

>> No.2008908

>>2008331
what event lol

what event won't?