Quote from: BanditCharlie on September 13, 2018, 04:36:34 AM

Quote from: JenkinsCharlie on September 13, 2018, 04:33:47 AM

Many people are very comfortable with a 6k coin, is a 3k coin possible? We only just passed 3k about a year ago. I can see it getting there over the next few years

So long as the shitcoins keep getting obliterated and bcash falls further on the ratio, I am ok with the current state of affairs

I think it is unlikely there seem to be big buying support around 6k. We got many times to that point now and every time we got big buying support there even when there was strong selling.

In my opinion there seem to be enough big players who accumulate bitcoins around that price range. Big whales are not interested in the quick buck they are also not interested in pushing the price. They are happy to buy every time the price comes down. So they can get the maximum profit when the next bull runs comes where people FOMO in again.