Its looking pretty bad right now.
In the past it would swing $100 or more, now it swings $30 dollars. The pumps are small and then the volume dries up quickly. People obviously using the pumps to cash out.
Everybody is just sitting hoping to make easy cash but it is not going to happen, nobody wants to transfer their cash to someone else.
Bitcoin looks very weak to me. Like I said before, where is the money going to come from? I am thinking more and more china was the reason why it got pushed so high.
Topic: Poll: Will it or won't it break $400? (Read 929 times)
I'm willing to bet that we'll see a retest of 400 this week. But the last retest didn't get below 420. I'm planning to buy at 410-420.
Exactly 50% split with 19 people each!? Damn!! I thought we were permabulls!
Absolutely.
will it or won't it?
I hope it does, but very very slowly so people won't feel it. It would be awesome to have a multiyear bear market, seasoned with more exchanges going down. Gradually loosing interest by mainstream media will be good, and only then we will have a stable underground payment system for the libertarian freaks.
Bitcoin is bitcoin regardless it's price and we need a an event that weeds out speculators and get-rich-quick jerkies.
will it or won't it?
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