Quote:
Originally Posted by subordinate
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.
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but knowing the day before to sell off, is much more profitable then knowing 4days ago. just saiyin.