Looks like somebody hacked a BTC-E account that only had fiat in it, so the hackers had to buy BTC to withdraw them.
That's the only explanation I can find for that BTC-E pump that no other exchange followed/is following, lol
Yeah, that must be it. How's that Super Crash of yours going?That's the only explanation I can find for that BTC-E pump that no other exchange followed/is following, lol
You know, if nobody believes it will crash beyond 140-150 you won't get a crash to 140-150.
1. There are several traders in this forum who think it's very likely that price will break current lows. Look around, I'm sure you'll find them.
2. There is a reason why people say "go against the crowd". One of the reasons it might break current lows IS because a lot of permabulls don't think it will go there. Same thing as when we were at $600, $500, $400, $300 etc.
3. The "Super Crash" is unfolding. It should increase in pace in a few days/weeks. At least that's my opinion on the market.
4. Why are you getting defensive?
Dont try to argue with blind bulls, m8. Just look at coindesk - only bad news like this one: http://www.coindesk.com/bitcoin-foundation-director-no-plans-to-fund-core-development/
Look at the charts and you will see that 160$ (atleast) is inevitable, every sane trader do see it but blind bulls wont ever admit it because they are blind and dont see the whole picture.
Bitcoin wont die but it will fall to 100-140$ within few weeks i have no doubts about it, time of bitcoin will come later this year then we are going to see >300$ per btc but not before.
For now chinese bots are doing their regular shitty job pumping a bit before a dump, it is so idiotic but traders do follow them or random buyings on btc-e (looka like a hacked account trying to cash out btc and buying), but thats their choice to go long and get rekt later, free will tho...