Quote:
Originally Posted by KillerK
Frank was full of shit and not being serious to buy.
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No not kicking myself. There are bubbles every day, and they ALL behave this way. What you just witnessed was a bear trap, after media attention. Now the chattering class will hype whatevercoins and we'll see more "boy makes 24k in ONE DAY" stories. Idiots will hop in, and the first few will make money. We just ended the awareness phase.
Problem is, you won't be able to stop, and maybe this time you'll be the guy who jumps ....
With all the bubble stages well documented, there may be some meta that causes strange behavior, especially hyper-vigilance so the next sell off will probably come soon.
As I've always said, the real winners are the ones who monetize the trend.