Message:

<p>[QUOTE=&quot;Clawcoins, post: 2929171, member: 77814&quot;].</p><p><br /></p><p>Reached the TOP ?</p><p><br /></p><p>I was &quot;day trading&quot; crypto a few months ago.&nbsp; Then just sat on it.</p><p><br /></p><p>But being a stock market person I couldn&#039;t figure out what the driving forces were other than basic Supply/Demand.</p><p><br /></p><p>About 40% of Bitcoin is owned by about 1,000 people.</p><p><br /></p><p>Mining is expensive (banks are in it but say it&#039;s a money losing process).</p><p><br /></p><p>And demand for crypto especially Bitcoin has risen dramatically.&nbsp; The only thing that makes sense is basic Supply/Demand plus some stupidity thrown into the mix and viola, you have crypto valuation.</p><p><br /></p><p>So if demand drops for BitCoin, and maybe shift to other Crypto which has a lower valuation then maybe it has reached it&#039;s top.&nbsp; or ... maybe not.[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in