Post
Topic
Board Speculation
Re: We are headed to $50
by
ajareselde
on 25/02/2015, 19:42:52 UTC

Persistently anemic volume and never any buying interest to speak of. That is the problem for the price of bitcoin. Forget all the usual excuses from bitcoin experts and geniuses. Focus on what they avoid discussing.


The space is in limbo at present. Believers have spent a lot of their reserves. Newbies should rightly be cautious taking the last few months into account. I think it'll be pretty dead until there are some more compelling reasons to pile in.


www.coindesk.com/bitcoin-de-launches-integration-with-fidor-bank-accounts/
http://www.coindesk.com/t-mobile-poland-trials-bitcoin-top-ups-for-mobile-customers/
https://www.cryptocoinsnews.com/bitcoin-foundation-launches-public-education-campaign-bitcoin/

just to name a few ..

fact is that there are compelling reasons to pile in, but the traders need to shake off the feeling last year has given them.
once the momentum builds up, there will be another bullrun.

cheers