Post
Topic
Board Economics
Re: [CHART] BTC Price bearish
by
Cryptomas
on 31/03/2014, 13:20:30 UTC
Many try to predict the future prices based on absolutely nothing. Ohh it's falling, so It should fall some more. Almost if not all of the rapid declines in prices had a reason behind it. Big or small. A rumor can spread like wildfire just like we see with the supposed Chinese ban. So if you try to predict the future give a sound argument. If the rumor is true we could reach 300$ even lower since China has 80+% of trades.
from where did you know that China has 80+% of trades?
i hope it just rumor that BTC will be banned in china

I used to watch http://fiatleak.com/ a lot. Without China Bitcoin will be sent into stone age again. At least considering the price cause investment companies and startups are doing really well in Europe and USA.