Who ever is more desperate. Which imo are usually the sellers.
No the reason is because an intelligent person treats a Bitcoin like a piece of stock. Look at it as an investment. Since most people on this form have no stock trading or SEC experience, they make bad decisions. Good for me!
Agreed everyone freaks out and sell sell sell. Very emotional.
Yet imo a lot of the new people are selling for ANYTHING because they just got into it recently (last few months) and want to pay off their new hardware.
Hey If you know people selling BTC cheap, send them right over to me
. I will buy them all, I can make bank deposits, send Moneygram, send MoneyPack, I'll do whatever to get them their cash lol.
BTW I've been trading penny stocks on Etrade since I was 18 and If you can't handle a small dip in the price of a Bitcoin, this is the wrong business for you. I had penny stocks that would go up %33 in one day! (I've also had them drop 50% in one day)! I've never seen a Bitcoin do that! I actually consider Bitcoins a safe investment, and I'm a risky guy, playing around with penny stocks.