it's okay there's still time, but will they all make it??
Topic: Snowball effect? (Read 1904 times)
while the poor little bears gets left behind and buried it's okay there's still time, but will they all make it??
it's okay there's still time, but will they all make it??
Hopefully its an Avalanche Effect, completely burying anything its path.
Definitely a LOT of flakes here! 
It's called Pavlovian conditioning.
I'd hardly call it momentum, the rise from just below to just above $100 has been very slow by the standards of earlier volatility. Also it's interesting to note the huge gap that's opening between the bid/ask depths, thouse would be predicting a price of over $150 now, so were seeing an unresponsiveness to this metric which suggests some new market dynamic is at play, though it is some what similar to what we saw in May.
Bitcoin price is slowly gaining momentum. I'd like to attribute it to the snowball effect, a flake by another flake, rolling and rolling, gathering more and more flakes. Pretty soon, we're going to have a massive ball rolling over anyone and anything. One can dream...
Jump to: