BITFINEX:BTCUSD   Bitcoin / Dollar
88 4 3
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SiamFX
2 years ago
9 Days later...
Price stability below 370.00 indicates another jam to lower lows, but this is an illiquid market where 1 serious candidate can push the price up 100 - 200 with some millions. Who will be the next investor who hears about the bitcoin gold mine? Bill Draper and son are full in 2015.
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SiamFX
2 years ago
Did I just find a Bitcoin Course from Draper University.lol
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SiamFX
2 years ago
The future of mining will see difficulty increase with rewards decreasing. Difficulty has risen exponentially over the last year as shown below:

http://www.finance-guy.net/finblog/is-difficulty-creating-centralization-of-bitcoin

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SiamFX
2 years ago
320$ will be tested shortly, will this repeated support level hold the sellers off? Not likely based on more exchanges offering margin trading.

Continue following the basic supply and demand of bitcoin. ""Expect short selling to hedge their diminishing revenue""
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