Post
Topic
Board Speculation
Re: return of the dead cat
by
Edward50
on 20/01/2015, 00:38:59 UTC
All I'm seeing is weak demand even at these low prices. This is really bad,

Volume is slowly dropping, nobody is buying at $200, looks still too high.

Seems like many people still trying to hold on and not sell.

I don't think the money is there anymore to pump bitcoin and eventually the sell pressure is going to win here. I think many people are fed up with the permabulls and get richer quickers pushing the coin to get them rich.

We have to face that the price has dropped a lot off the highs, so it will be a slower fall down from here.