If you look at this in the context of second markets ongoing investments, it looks to me like the only reason we're not dropping a lot more at the moment is because institutional investors are buying up when it's relatively low. How low will it go? Maybe a lot lower, but the overall pattern is bitcoins are being transferred from get-rich-quick individuals to long term investors who understand what a threat to the global banking industry bitcoin is. Strange that the best allies in the fight against the banks would turn out to be hedge funds and not cypherpunks.
Exactly. Hedge funds are not trying to pish the price down - to the contrary, they already have vested interest in it rising
