Post
Topic
Board Speculation
Re: Let us take a moment to laught at the BTC day traders.
by
theonewhowaskazu
on 11/12/2013, 03:07:09 UTC
Funny thing - day traders invested in btc are drawn by it's volatility (also it's easy to get in, unlike buying real stocks). Take those swings away, price settles in one place,day traders become uninterested, cash out, which causes another drop and it's starts to swing again. Full circle.

Inb4 people start using btc standard deviation as a leading indicator for price.