Quote from: darkota on February 23, 2017, 06:01:17 PM

Quote from: Spandam on February 23, 2017, 05:56:02 PM

Quote from: darkota on February 23, 2017, 05:53:16 PM

Curious since this is actually a bit annoying. But can anyone send a reference or source as to who/why is keeping the price of btc above 1k for this long?

*Yes I want it to fall, nothing to hide here*

Till now since I have came across knowing bitcoins I never heard a genuine reason about why the price is getting high and then low or vice versa. Only logic given to me is that the demand and supply have a difference and that's the reason.
By the way man why you want the price to get low Sad

?

Because I want to buy in more obviously, Bitcoin's price floating above $1k means it's almost not worth it to me to trade right now(Unless it rises considerably above 1k, maybe $1.3k or so but that's not going to happen)

I have some invested in Monero too. Also the price staying above 1k without any valid reason means its being manipulated and that's never a good thing.

You may get your chance to buy in a cheaper price if ETF fails to be approved on March 11. But if it gets approved, I am sorry to tell, you may not see cheap price again. Maybe your 1.3K is not that hard to achieve when everything goes right regarding ETF.