Post
Topic
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
downtosimple
on 30/10/2014, 02:48:03 UTC
As an aside: I wonder if whoever is crashing out right now cares that the more butthurt is left in Bitcoin's wake, the harders mainstream adoption becomes

Those who are crashing out are with swapped Coins. Even for miners, they may sell short, waiting for coins to be mined to cover. This has been the case in the past months I guess. So, I see profits for selling short come from losses for hodlers/ coin lenders. That has been the whole thing.

Forget about the adoption. The whole circular are all speculators. Who would adopt btc for transaction by that volatility?

But, coin supplies are plenty. As long as the coin swap market is there, short sellers have plenty bullets. Where is the bottom? Any one to comment?

(Sorry, I forgot my pin under Threebits, got to re-register)