Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
inca
on 22/11/2014, 17:53:04 UTC
We had several upwards trends but they were quickly killed by the traders who were desperate to take 50 bucks profit.
This will happen for many more times to come. Possibly till there simply are no buyers anymore.

Every time there are new buyers traders will dump straight in their face and scare them away.

That's how you stop adoption. Traders are Bitcoin's cancer. Slowly killing it.

You are nearly there. They will stop dumping when the price moves up despite the dumping. Traders are a zero sum game.