Post
Topic
Board Speculation
Re: Bitcoin Crashing Again....
by
fewcoins
on 30/09/2014, 15:54:25 UTC
Don't think Bitcoin is crashing.  It actually looks like it's in a holding pattern of sorts:



LMFAO! Yes, That pattern being a cliff drop!

I acknowledge that Bitcoin price is down for 2014, but compared to September of 2013, we're still up.

Let's see how we finish out the year first, before making unsupported statements.

Why does year end have to signify anything??? Do you have any idea what they do in illiquid markets like this?! They = huge wales... They literally roller coaster the thing all year & since no new money is really in this market, when they pull out it looks "flat" & the end of the year of course looks the same as the start(or at a loss) because there is literally no new money going into BTC. Stop getting fooled by venture capitalist who throw money into business that push out fiat currency to them! They're not buying or holding bitcoin!!! They're funding companies because they have insane profit margins right now and are largely unregulated. That's the only reason.