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Sunday, October 25, 2015 9:21:52 PM
BTC already flirted with the $300 mark 3 times this year.
Early January, March, and July.. Each time within $2-5 or just over and NOTTTHING.. In fact, BYSD volume didn't budge on $300 mark.
..I wasn't surprised because volume or lack of it proved that no one was really excited about 300 number.. It got thrown about by a number of posters as "THEE NUMBER", but no one else cares. I've said before (based on 300) that it needs to race past $400 for BYSD to get noticed. Of course that's JMO since 300 has yielded nothing thus far.
Maybe when interest rates increase, but that's still a long way off to effect BYSD. I still believe the whole bitcoin thing is done for quite a while, if not done completely. BYSD got into that hype at worst time too. As the saying goes, "To-Little-To-Late"... 1st after the crash of bitcoin $1200 highs, then the Mt. Gox hacks. Talk about timing. For BYSD it couldn't be worse.
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