Damn, stop with those stupid graph theories. They show what happened, the past and not the future. Start thinking, if prices could be predicted everyone would be getting rich with gold, stocks, whatever.
Price will go up when demand is higher then the supply at a given rate and down when it isn't. What happened before doesn't really matter. The only thing it may have is some psychological effect, but if it would be about that every stock and every currency out there would have died at some point.
Compare it with the upward trend. According to a chart from the beginning of the year it would have gone up forever. And now you predict the price will go down forever?
Well if you really believe so, go on, but if you have some brain I urge you to use it. There are more than enough idiots out there. I hope there are still some sane users.
Seriously, the thing that hits me most is not when the price for Bitcoin is going down, but when I see how the community gets overrun by mindless morons who just want to make bucks to buy video games or something like that.
Yeah, I know. That comes with a growing economy and Bitcoin being famous, but think back. Wasn't it awesome when everything was still small, friendly and cosy?
