Quote from: Sanguintan on August 11, 2016, 02:38:55 PM

Quote from: Wevariant on August 11, 2016, 11:20:44 AM

Quote from: Sanguintan on August 02, 2016, 12:23:08 PM

Quote from: mindrust on August 01, 2016, 03:54:03 PM

Quote from: fireball4 on August 01, 2016, 03:48:40 PM

Quote from: mindrust on August 01, 2016, 03:16:07 PM

Whales usually... Price will stay high unless they got bored and when they do, it will be a bloodbath. They keep the price high and make us wanna buy so they can dump their coins:)

though how are they keeping the price high if it is dumped at the moment? i think the prices depend purely on people and anything might happen with it in the future

They don't wanna keep it high at the moment i thought that was obvious. lol. Of course it depends on people but depends on which kind of people? People with much money, or people with less money? That was my point.

I think the reason for the recent drop of the bitcoin price is due to the rise of the Ethreum, investors are more interested in that.

The trading volume of the combined ETH+ETC is higher than the bitcoin at the moment. Ethereum is hot now.

The combined volume has reduced recently. but that is still higher than the bitcoin volume. So the Ethereum is a good trading tool.

you can mine some Ether for now but dont go out buy expensive as it has scarcity based speculative value. It has utilitarian value for the problems it solves by being a geo-politically agnostic currency and it can be traded for goods and services.