This market is completely fucked. Right now we are simply watching it getting it destroyed. Bitcoin is becoming worthless.
Nobody around me talks about it anymore let alone considers investing in it.
What sane person would put money in a market where he is guaranteed to get dumped on the next day?
The dumpers are destroying the market. It's that simple.
They will keep doing it till we can't go lower anymore. Only then are they happy and will move on.
exactly. it is really weird that the usmarshall service had a better understanding of timing an auction than most (?) of us in this forum. different to the "the auction will bring prices down to 250" screamers, a good part of the speculation subforum was bullish, even short term. now, that prices went down anyway will make every possible investor careful to just wait a little bit longer to see if it goes down even more. no one wants to pull another draper stunt.
i guess we just have to wait for the final final final capitulation. i am really tired of this. 2014 rally... damned...