Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
JayJuanGee
on 19/11/2018, 21:48:50 UTC
This is really hard to watch.

And to be honest: Who would buy in a market like that.

We are constantly falling since January. You basically know, if you buy now, it will be worth less in one month.

Of course, people buy when the price goes down and when the price goes up, and there tends to be less buying/selling when the market is flat.

In other words, you are talking nonsense because on the other side of any trade is the opposite, and surely when the price is going down the sellers out number the buyers... but so fucking what?  Momentum can be in one direction and then in can stop and reverse, and all of that adds up to difficulties knowing with any kind of certainty at the time that it is happening or even into the short-term future - even when the whole situation might seem clear in retrospect.