Quote from: ShroomsKit on September 02, 2014, 08:58:54 AM

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.

Funny you say that actually, I was sat here yesterday thinking "strange how no one has asked me about bitcoin for a while...". Early this year, friends and family were constantly talking about it, asking me how it's going, asking when they should buy some and how (none of them actually did in the end). Now it seems like it was a passing fad for everyone, something to chat about when it was in the news, now it's been months since anyone has asked me about bitcoin. I'm still very bullish long-term, but short to mid-term... ! I 100% agree with you, this market is at the mercy of mega dumpers, and could be for a long time.

JimNastics

Posts

Merits