Or how I would like to put it, who is dumb enough to buy at $15 now, when it was just $11 yesterday, and will probably hit that again very shortly?
Who is dumb enough to sell at $15 when the price was over $30 not so long ago?
Who is dumb enough to believe the $30 spike was based on genuine fundamentals? The price crashed from $30 to $10 within 2 days. That is not a sign of a healthy and rational market. It was based on new speculators piling in. "Hey, the price is going up. Time to buy more!" I hope many people got burned at the $30 price. It's not to sound mean, but believing bitcoin's price should follow an exponential curve is very silly. By the end of the year one bitcoin would buy a nice car. Everyone on this forum would be a millionaire. Fantastic.