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Topic: Why does it keep falling ? - page 5. (Read 9360 times)

full member
Activity: 154
Merit: 100
July 01, 2011, 05:28:10 AM
#4
legendary
Activity: 1022
Merit: 1001
July 01, 2011, 05:25:25 AM
#3
SELL SELL SELL
sr. member
Activity: 383
Merit: 250
July 01, 2011, 05:23:17 AM
#2
Weekend?
member
Activity: 84
Merit: 10
July 01, 2011, 05:19:12 AM
#1
For the last two weeks every larger fall in value has been followed by an equivalent rise in value after it, only a bit slower (taking hours instead of minutes). I figured it was boomerang-like with a reasonable chance, and therefore safe to invest in.
Now the bitcoin has fallen from ~17 to about ~16.5 and it looks like it's slowly falling further instead of rising ? What do you figure is going on and why, and when will it be back to 17+ ? And should those who have BTC sell out in expectance of an even greater fall or wait for it to rise ?
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