Post
Topic
Board Speculation
Re: DOWN WE GO - Market is unstable. It will crash around halving day.
by
dumpida
on 11/07/2016, 12:33:38 UTC
Too many MOON expectations, too many longs.

We must go down.

But Thanks God, a crash did not occur and now we can expect that when the demand is increased the value of bitcoin will also increase and you cannot say that the price will decrease as the supply will not increase much higher than the demand, because of minimum miners.

Don't forget all speculative longs which haven't realized any profit. Speculator are getting nervous because they are aware what happens when stampedo starts...

I hold my bitcoin for the next few decades. So I will not add the selling pressure. But the short term traders might sell.