Quote from: Guinpen on April 14, 2014, 08:48:42 AM

Quote from: Mervyn_Pumpkinhead on April 14, 2014, 08:40:20 AM

Some fiat entered. It will probably be around Wednesday when the dumping continues. Till then, the dumpers are waiting if maybe more fiat will be wired, so they can sell with an better price.
I'm not buying into this because it isn't very probable that much more fiat will enter. There hasn't been any important good news about the markets, so nothing has really changed in the long-term.

It's Monday so could it be that people are waiting for their deposits to hit the exchanges? You know, the deposits they wired when they saw cheap bitcoins at 400 yesterday. And what will these people do Tue/Wed when the fiat is there? BUY!

Just my guess.

Yes, there could be. But the odds of that happening aren't good enough to play on. Some dumb money already entered, as we can see from this spike. This, in turn, made the odds of this happening again even worse.
If I would of wanted to play this, then I would have bought yesterday when the price was down. But I considered it to be a blind bet and didn't see the oods good enough then, so I certainly don't see them god enough now.
It would be very dumb to enter now, when the odds are actually worse then yesterday.