it seems obvious that we are in the middle of downtrend
but saying that china will sell all coin is total crap, people are not so easy discouraged especially when they live in such wild economic environment. In my opinion they will hold and after some time even more investors with fresh money will enter market.
Downtrend will last but not for long, because huge amount of money were already injected. It is quite possible that people behind this money knew in advance what will happened at least some of them.
And lastly this market is no longer playground for people who can't afford christmas presents so they have to sell and cause correction , such theories are invalid and malicious. This is serious market now with big boys , big and smart .
but saying that china will sell all coin is total crap, people are not so easy discouraged especially when they live in such wild economic environment. In my opinion they will hold and after some time even more investors with fresh money will enter market.
Downtrend will last but not for long, because huge amount of money were already injected. It is quite possible that people behind this money knew in advance what will happened at least some of them.
And lastly this market is no longer playground for people who can't afford christmas presents so they have to sell and cause correction , such theories are invalid and malicious. This is serious market now with big boys , big and smart .
Thank you, thank you, thank you for bringing some sense to this discussion. This is no longer a few people who got rich quick and bumped the market up to a 2 billion dollar market cap. Hell, even then (back in April) the market didn't fully correct to pre-bubble amounts and neither will this one. This is over $10 billion in market cap now.
