3 ms·
> later this year I play a much shorter game than that. If it is justified, I will likely jump back in. This isn't the first time i've bought and then sold Bit
by nikcub 14y ago
> later this year
I play a much shorter game than that. If it is justified, I will likely jump back in. This isn't the first time i've bought and then sold BitCoins.
It has run out of new buyers to drive it to that level. The support from those who believe in the currency isn't worth more than $100 - much less than that.
Everybody else is an amateur investor who read about BitCoin in USA Today and believes in it for the profit potential, not as a currency. These people scurried at the slightest smell of a price shock.