Post
Topic
Board Speculation
Re: prices are falling on declining volumes....
by
nwbitcoin
on 09/02/2014, 12:31:13 UTC
This next week is going to be very interesting, as the Chinese go back to work and the money starts moving again.
MTGox needs to die, which it possibly will do by the end of the week, and a lot of bitcoins will start moving into the other exchanges. A clever US company could use this time to ramp up their exchange services! ;-)

The most interesting element of the current issues is how the value of the alt coins have barely moved.

Litecoin has hardly moved and neither has Nxtcoin, which makes me think that we are definitely entering a more mature market in 2014.

Bitcoin is not a market for anyone with money they can't afford to lose! ;-)