Quote from: Amph on November 11, 2015, 11:13:45 AM

Quote from: cptdome1 on November 11, 2015, 01:34:40 AM

Going back to 300 today. Reason: more sellers than buyers

i would say less buyers than sellers, which are always the same 2-3 manipulators with big stash

right now it's all in the hand of the demand, great demand = great price, lower demand = lower price

It's all part of the cycle, btc was down for almost the whole year, so it's bound to go up sometime. Now it's up, it's bound to go down. History will continue to repeat itself unless huge events, like big news entitling appreciation (like the Economist cover) or the halving next year, affect the cycle.

And hey, if ever we're already at the floor during this downtrend ($320ish), it's a good thing. This level would be the baseline for the coming weeks.