Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Dotto
on 23/06/2016, 13:05:20 UTC
How could it be that the pump is already over?

People aren't satisfied with this. Miners shouldn't be satisfied with this. This way most people who invested in mining companies are gonna lose hard, they won't allow that, right? The profit ASIC manufactorers made could be invested into bitcoins, the profit mining companies made the last year, could be invested in Bitcoin below a certain price.



Its just a weakhands shakeout. Also a clearing of too much longs. It´s the healthier possible thing before the real bubble. Or even better, no bubble, just common sense, slow pace correction to 3-5k which is the minimum minimorum real price of one coin.

True price should be around 5-15k at least. Just relax, let things take its place and enjoy the following months