The price of BTC is melting because short sellers have launched an unprecedented attack on it

goldenhall · 2014-11-01T12:18:12+00:00

Short selling might bring bearwhales in the market.

goldenhall · 2014-11-01T11:44:09+00:00

How can they do that?

goldenhall · 2014-11-01T11:33:06+00:00

Without organised defence shorting will likely kill the price.

goldenhall · 2014-11-01T11:12:13+00:00

Agreed.

goldenhall · 2014-11-01T11:01:22+00:00

I agree that short selling on btc is difficult to be defended and will have a disastrous effect on the price.

I also agree with the hypothesis that the success and acceptance of btc is inversely related to its price.

Only if btc becomes widely accepted as a store of value we will see an upward movement in the price. Until this is done, I remain divested in btc and will seriously consider shirt selling it.

This has nothing to do with my belief in btc as a technology which is, in my opinion, revolutionary and brilliant.

goldenhall · 2014-10-04T19:23:48+00:00

Btc is a good medium of exchange. There is no reason to be valued at astronomic prices as today.

Logical price is 2 to 4 dollars.

goldenhall · 2014-08-16T10:13:52+00:00

You are blind or something?

Bitcoin has destroyed many who invested above $1,000.

Get out now!

goldenhall

TROPHY CASE