svdleer
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January 21, 2018, 01:23:01 PM

Did you guys see the very low volume (on GDAX for example) only 15K last 24hours, where normal rate is about 10K higher.
Almost no sells or buys currently.

Yes, that is the conundrum known as:  How many commoners do you see walking around in the streets that can afford to buy a $12,000 bitcoin when most of those people can't afford to write a $500 check?  And then the holders of bitcoin have brainwashed themselves into make believing the price is going to go to infinity (or $100k this year, whichever comes first).  I guess we will see where those realities collide over time somewhere between a $500 check and infinity dollars.

I think some people (new people) also don't like the idea of not having a full coin, where in alts you usually have "1" coin for less.
100K is not realistic for me. but of course others may think that Smiley