Fatman3001
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November 15, 2014, 08:14:17 PM

I fail to see how $370 is not a great price right now

Sure, we were at $360 2 days ago but we've had retracements before we got there and it really looks like we are entering a bull market right now.

Why is nobody buying Huh

They bought up to $370, then we took a stroll down "manipulation alley" and now people are wondering where the price ought to be. If they think it should have risen a bit since the start of the "rally" the price will push up to $390-$400 and slowly climb from there. If the roller coaster scared off enough people we will see stagnation/decline. These kinds of price movements are not very helpful with regards to Bitcoin adoption so whatever happens will probably still be speculator driven. What I want to see is an adoption wave but there are obviously people out there who have no interest in this happening.