Post
Topic
Board Speculation
Re: Rate drops rapidly now
by
Maged
on 19/11/2013, 16:15:08 UTC
People are panic selling, and the price is going down, probably back to $140.

Sell now while your coins still have value, before other people do.

No it's not panic selling

IMG
Huh? That looks like panic selling to me. "Linear" growth on the transaction volume (on the logarithmic scale, so not really linear, but you get what I mean) would indicate healthy growth to the bitcoin price, sure. Exponential growth, on the other hand, (again, on the log scale) means that people are running for the doors. This is otherwise known as panic selling.