Post
Topic
Board Speculation
Re: The long wait is almost over
by
stonerider
on 16/05/2015, 17:49:23 UTC
There is not going to be another bubble without China. Ever since the Chinese communist government put a kibosh on their banks' ability to freely exchange bitcoin, the value of bitcoin has been declining precipitously. We've lost over 80% since December'2013. The Chinese bitcoiners have been dumping their bitcoins over the last year and half. Without China, there's no "To Da Moon" phase anymore. We will be bouncing between $200 to $300 for a LOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO time.