Deathly Silence

[antoineph]

Nobody want to jinx anything?

[Apostata]

This silence is a good thing. Consolidation is better than rapid upward movements, which lead to even "rapid-er" downward movements

[Kreigyr]

I suppose it's just rebound from the past few days and the lack of a "crash" many people were barking about. I expect the users to do little and the price to do nothing, personally.

[kwest]

I don't mind. Personally I'm just waiting for the people who heard about bitcoin during the senate hearing and are just about getting their accounts verified. If indeed a lot of people registered to the exchanges at the time of the hearing, we could see an upswing soon.

If nothing happens by the end of this week, I'd say we're short term bearish. But who knows, this beast is unpredictable sometimes.

[Kreigyr]

I don't mind. Personally I'm just waiting for the people who heard about bitcoin during the senate hearing and are just about getting their accounts verified. If indeed a lot of people registered to the exchanges at the time of the hearing, we could see an upswing soon.

If nothing happens by the end of this week, I'd say we're short term bearish. But who knows, this beast is unpredictable sometimes.

Given the price has been hobbling around from the inactivity, I don't think more inactivity would make it trend down at all. It may be lower at some point or for some time, but I think we've sort of a peg around 800$ that isn't going jack anywhere.

[kwest]

I don't mind. Personally I'm just waiting for the people who heard about bitcoin during the senate hearing and are just about getting their accounts verified. If indeed a lot of people registered to the exchanges at the time of the hearing, we could see an upswing soon.

If nothing happens by the end of this week, I'd say we're short term bearish. But who knows, this beast is unpredictable sometimes.

Given the price has been hobbling around from the inactivity, I don't think more inactivity would make it trend down at all. It may be lower at some point or for some time, but I think we've sort of a peg around 800$ that isn't going jack anywhere.

Could be. We are definitely more bullish overall than we were back in April.. and there aren't nearly as many early adopters ready to sell off their huge stacks like there was back then.

I'm not making any predictions though.

[Kreigyr]

I don't mind. Personally I'm just waiting for the people who heard about bitcoin during the senate hearing and are just about getting their accounts verified. If indeed a lot of people registered to the exchanges at the time of the hearing, we could see an upswing soon.

If nothing happens by the end of this week, I'd say we're short term bearish. But who knows, this beast is unpredictable sometimes.

Given the price has been hobbling around from the inactivity, I don't think more inactivity would make it trend down at all. It may be lower at some point or for some time, but I think we've sort of a peg around 800$ that isn't going jack anywhere.

Could be. We are definitely more bullish overall than we were back in April.. and there aren't nearly as many early adopters ready to sell off their huge stacks like there was back then.

I'm not making any predictions though.

April was an odd case but overall very similar. Little volume and little overall travel (despite the price fluctuating from the 70s to the 140s - it was still hovering around 100$); I wouldn't say, however, there "aren't as many early adopters" as from a price standpoint anyone who got in before the most recent rally has gotten in pretty early and has made a pretty penny. However, most who remain now seem bullish and are holding.

[slikes]

Does anyone know what the gap in trading yesterday was? The price has been falling since then.
https://i.imgur.com/xTD3I96.png

[Salivan]

I don't mind. Personally I'm just waiting for the people who heard about bitcoin during the senate hearing and are just about getting their accounts verified. If indeed a lot of people registered to the exchanges at the time of the hearing, we could see an upswing soon.

If nothing happens by the end of this week, I'd say we're short term bearish. But who knows, this beast is unpredictable sometimes.

Given the price has been hobbling around from the inactivity, I don't think more inactivity would make it trend down at all. It may be lower at some point or for some time, but I think we've sort of a peg around 800$ that isn't going jack anywhere.

Could be. We are definitely more bullish overall than we were back in April.. and there aren't nearly as many early adopters ready to sell off their huge stacks like there was back then.

I'm not making any predictions though.

April was an odd case but overall very similar. Little volume and little overall travel (despite the price fluctuating from the 70s to the 140s - it was still hovering around 100$); I wouldn't say, however, there "aren't as many early adopters" as from a price standpoint anyone who got in before the most recent rally has gotten in pretty early and has made a pretty penny. However, most who remain now seem bullish and are holding.

April was  very different
Few big players driven all market

Now is different there is some kind of competition even between them
Lack of early adaptors is very big factor I agree.
There is a lot more Sparta like  people out there

[troy112]

Silence before a strom. Get yourself ready!!!

[umaOuma]

I don't mind. Personally I'm just waiting for the people who heard about bitcoin during the senate hearing and are just about getting their accounts verified. If indeed a lot of people registered to the exchanges at the time of the hearing, we could see an upswing soon.

It takes long to deposit + get verified, 2 weeks minimum. Will be interesting end of year with many ATH I guess