DeadCoin
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October 04, 2014, 05:24:26 PM

On the other side of things.. Why would whales (traders) leave BTC market? There is a huge amount of money to be made in BTC so why leave.
They aren't leaving, just selling now to buy more later. Most people want to have as much BTC as possible and the way to do it is to buy as cheap sa possible.
Most of the people who sold below $400 will eventually buy back.

Wrong. Most people want to have as much fiat as possible. They see bitcoin only as a tool to produce fiat, if it fail to do so, they'll simply leave it and forget it.