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Author Topic: Going down...  (Read 2166 times)
Piper67
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August 19, 2011, 12:24:10 PM
 #21

It is obvious large investors came into the market during the last week, as the bid side was up huge. They however did not buy any bitcoins, they just put up bid orders in. <..more rubbish skipped..>
I do not think they will be able to afford the rate of new bitcoins being sold into the market, and will eventually pull out.

that got to be some of the stupidest analysis attempt I have ever seen on this forum, and that says alot too. yes right, some "magical investor" got a million usd into some shady exchange just to scare the price up (that just what all investors do) and then, when the price moves up,  move money out because they can't afford it anymore.

advice: get off the glue or you'll start seeing even more disturbing things.

Hah, Piramida, you should know better than to engage Edward50... he'll be calling Bitcoin a pyramid-based ponzi scheme/bubble that's about to burst and carry us all down with it when it's trading for over 1,000 USD  Grin
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