Profit taking on an up trend?
Bitcoin is a game, the goal is to find good bottoms, buy low and
dump sell high.
BitSwamp has been under the control of that guy with the 1000k ask wall since July ... someone needs to clean his clock and take him out once and for all ...
The exchanges make a lot of money. Where the money goes? I bet the people behind these sites are not innocent at all like some rigged online poker sites. and they animate the market, their business can continue. Mark Karpeles is just the tip of the iceberg.
I think 275 is not the bottom, it's much lower and it seems more like a big bull trap right now.
My two cents.
I hope bitcoin won't become flat and without real action like the linden dollar...
I think there is no rally at all, just an another dead cat bounce.
You know Isaac Newton went Flat Broke Chasing a stock bubble.
Don't get burned!
Hey people, 95% of traders lose money, only 5% (not 95%!) of traders will become successful like Poker. Congratulations If you are one of the 5% winners but you are more likely to lose lots of money. Don't dream too far about it!
This aint'T the easy get rich quick plan.