I mean we're assuming everyone has fiat waiting on exchange to fire on the announcements of merchant acceptance, which I don't as I've met my hodling goals. My second assumption is that the new bubble will be majorly made of up those who owned no bitcoins.
There
are a lot of traders sitting on fiat, waiting for a clear direction in the market. If we broke $680, most would buy back in. Otherwise, agreed, we need a lot of new money to get moving.
The CEX.io exchange is also good news. They will need to keep coins as a reserve, not dump them all on the other exchanges.
not so sure, maybe new traders, I would've been back in at 330-400 if I had fiat in my account.
However along the manipulation lines...I think it's more of people waiting for the herd...no1 is going crazy now we have the dumper making sure of that but if we had the buyers of November we'd have cleaned this mystery dumper out.
I consider dell news worthy of rounding up new joiners by next week. Takes a bit for the info to be believe and digested. Then signing up at an exchange or heading to a bitcoin atm, just takes time.