Post
Topic
Board Speculation
Re: BTC will go down to 20
by
donjoe
on 03/05/2013, 18:49:43 UTC
There are more people in the market now than then. Ergo,more demand, math, higher price.
I wouldn't be so sure. You're forgetting that a number of exchanges have shut down or blocked accounts recently, which scared some people away from Bitcoin forever, that Gox is getting sued, which scares even more people and that Google Trends shows the search volume for the term "bitcoin" has dropped back to February levels and seems to be continuing on that downward trend.

This is the April 2013 Crash and it's not over 'til it's over.