Bitcoin Forum

Economy => Speculation => Topic started by: promojo on January 14, 2015, 09:16:24 PM



Title: Analysis
Post by: promojo on January 14, 2015, 09:16:24 PM
I have been hanging around an "elite" bunch of Bitcoiners as of recent.... I can tell you one thing is certain.

The price did not drop because of miners or coinbase or BitPay....  Nor did it from people that were hodling and selling at a low point.

The price dropped from day traders and people doing 3x/10x/20x/50x margin shorts/longs and the margin calls...   Just a FYI.