Hodling =>
Low volume, slow merchant adoption, looks like a ponzi scheme from the outside. How do we want any type of credibility from the joes'?!
Be honnest, you are buying bitcoins to get rich. Who ever spent a satochi to book his next travel on expedia?!
I did ..
Low volume, slow merchant adoption, looks like a ponzi scheme from the outside. How do we want any type of credibility from the joes'?!
Be honnest, you are buying bitcoins to get rich. Who ever spent a satochi to book his next travel on expedia?!
I did ..
Good.
But holders (savers) are telling the market the price is not high enough to part them from their bitcoins.
They are probably buying more when they can, because they think it is a bargain.
This increase the price of bitcoins.
The problem is, too many people are vacationing at this time (summer is always a weak season for trading and investing) and sellers don't stop to sell.
Winds will change during Fall and Winter.
+1 The winter is coming !
oh.. summer is the excuse now, i guess next excuse will be "why are we dropping? because winter is not a good time for bitcoin, people need money for Christmas, people having vacation with family"
stop finding excuses stop tricking yourself and admit the fact that bitcoin is going to nowhere but down to the final capitulation, you gambled and lost, just be a man not a coward