I put $6500 On the exchange. I also sold a few at 885 CAD and that is also bidding for coin in low $700s. My hypothesis is 1. That most ppl still have no idea about bitcoins massive value, b. Bills from holidays are coming in, c. Chinese New year will pull tons of cash out of btc, c. also Chinese exchange limits going into effect will also deflate trading volume...

Overall it is kind of silly to expend much energy getting coin for %20 cheaper at any given time, when with $300 million in sales transactions, all the force integration and all the other infrastructure, the fact that transaction costs with th crypto are a factor of 10 more efficient, etc, it is perfectly obvious that we will see $40,000 soon.