esse83
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September 01, 2014, 11:52:36 PM

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Many people here are invested into bitcoins and always try to find excuses and wild theories why the BTCUSD exchange rate should be higher.
Let's not forget that the only reason people trade is to make profit. And right now this is not on the LONG side. It's that simple.
At least the short and mid term trends are fully DOWN and it's a bear market until it breaks the resistances we monitor.
Thank god for a voice of reason in here. So rare. Always wondered why hodlers hang out in speculation.. makes no sense. What do they care, they will never participate in price discovery.