Quote from: Revolution on April 03, 2014, 07:38:05 PM

Quote from: lynn_402 on April 03, 2014, 07:36:49 PM

Quote from: Revolution on April 03, 2014, 07:29:27 PM

Quote from: Bit_Happy on March 29, 2014, 10:55:36 PM

Too many sellers not enough buyers.
Next question? Cheesy

This. Stop trying to overcomplicate things.

Its just demand vs supply.

A lot of the demand is probably "hidden" right now. People waiting for a clear bottom to get as much coin as possible for their money.
Because of this, I believe that at the first sight of a trend reversal, this hidden demand will jump on board instantly, making us return to the 600-700$ range.

Are you saying this because you currently hold a lot of BTC or are you just hoping for this to happen?

because I think the exact opposite is happening. Loads of people tired of holding are selling

Of course or else I would not be here Wink

But I'm quite sure that most people who are into Bitcoin see a great, perhaps even desilusional, future in it. Hence I do believe the true demand is higher than the supply right now.