View Single Post
Old 12-01-2013, 11:49 AM   #368
dna82
14 dolla balla aint got nothing on me!
 
dna82's Avatar
 
Join Date: Jun 2005
Location: pew pew lazer
Posts: 663
Thanked 20 Times in 15 Posts
Failed 2 Times in 2 Posts
Quote:
Originally Posted by subordinate View Post
here's a cookie.

I called it 4 days ago. I am definitely beginning to lean towards a believer in Bitcoins. But for the time being, alot of weak hands who are incredibly rich/in the money and have never experienced this before so we have panic selling.

Not enough strong holders/demand, more sellers/speculators selling into market bids.

My concern right now is, the merchants who accepted the Bitcoins, some who don't monitor prices and need to cash out. Then what? They see that they actually lost money via forex losses. If this keeps up, there won't be a mass adoption.
but knowing the day before to sell off, is much more profitable then knowing 4days ago. just saiyin.
dna82 is offline   Reply With Quote