Quote from: Torque on January 20, 2015, 06:53:14 PM

Quote from: ronald98 on January 20, 2015, 06:48:14 PM

Quote from: Specular on January 20, 2015, 06:40:23 PM

Price has flatlined since the Coinbase announcement pop.

Well at least it has not tanked like the dozens of other times acceptance /good news hit.

My prediction: Whale traders have known about the Coinbase deal for the last week, perhaps longer, and have been propping up the price in hopes of new buyers rushing in. If they don't get the expected rise they want/need (+20%), they will dump again soon. They're gonna dump either way.

speculators going to speculate.. most of these movements have almost nothing to do with the news. More of the fact that real whales don't even play on exchanges, but they do make splashes from time to time. Either way .. the trend will break when it breaks, similarly to the bull top, the spring was a double down on paradigm shift which can still play out in the coming years with proper infrastructure investment.