Quote from: wobber on November 03, 2014, 02:41:02 AM

Remember when in May I said that there won't be any rally in the next few months? Now, seeing the price going down so much, I am CONFIDENT we won't see anything more than $400 in the next 6-8 months, even more.

Bitcoin is simply not traded anymore. Maybe it's used as currency, I don't know. But trading volume is insanely low.

Nothing, but nothing is gonna happen. Thing is, I know people sell at a loss to get out but that's only going to put even more downward pressure on the price Sad

Rally only comes when you least expected it. The condition for rally is actually quite high as the supply will start going down due to negative profit.

cinder

Posts

Merits