Post
Topic
Board Speculation
Re: Will it go up again?
by
notme
on 26/01/2014, 04:25:42 UTC
The price stays the same, but the market cap just keeps growing due to thousands of BTC being mined each day.

Miners are mostly hodlers.. even worse than the bubble noobs. If things keep up like this the market might get a major miner hoarding crash like in 2011.

2011 happened so fast that nobody had time to sell on the way up.  Look at a log chart, the percent growth per day was insane and makes recent growth look mild.