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December 06, 2017, 02:24:23 PM |
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99% of all the theories we've seen go around here are meaningless. This market is in no shape or form comparable to how the market back in the days was operating. Currently we're dealing with a constant flow of money being pumped into Bitcoin, and it doesn't look like it will stop any time soon. The previous years have been somewhat of a learning experience for people, in the way that if they sell their coins, they will regret it, and if they don't buy Bitcoin, they will regret it too. All this gives people incentive to keep holding on to their coins. I have never seen a higher level of willingness of people to hold their coins than in this year. Sure, there is profit taking going on, but the dips this results in are being bought up quicker than ever before.
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