Topic: What's going on???? (Read 567 times)
Yes, I agree it looks like profit taking after a 100%+ increase. Looks like it might consolidate in the 4.75-5.25 USD range before this puppy goes to the moon!
Nothing out of the ordinary. It's called market correction. 
Too high too fast:
it's dive bombing because the road to up is paved with bits of down.
Explain this to a relative newb. I'm not much of a techie, although I do understand a fair amount of economics and I know how bitcoin works.
What's up with the value of bitcoin dive bombing? Don't you think that bitcoins are too big at this point to entirely crash? Aren't they still projected to rise, as we're still pretty much in the beginning phases? I mean, we haven't even gotten near the first mining reward cut.
So anywho, give me your opinions on these questions.
What's up with the value of bitcoin dive bombing? Don't you think that bitcoins are too big at this point to entirely crash? Aren't they still projected to rise, as we're still pretty much in the beginning phases? I mean, we haven't even gotten near the first mining reward cut.
So anywho, give me your opinions on these questions.
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