https://bt.irlbtc.com/view/143973.msg2298148#msg2298148
i call it ''the reallocation of funds''

People are realizing that they should probably clean up the bids on the order book and gather their fiat millions while the slippage is good.

At last! But it took them long. Funny thing is that most of bulls in denial will eventually sell at the bottom.

who are they? Apart from shroomkit, who appears to be bitter and sad, everybody seems happy and playful.

He should at least have an opinion.

Sure, but it would worth as much as your own opinion since nobody knows where Bitcoin will go.

Edit: actually his predictions are so ridiculous that any random guess of yours will probably make more sense.

Thats hilarious! I saw it was down a bit earlier, I thought by now people would realize blogs=/=news.

But what is the realistic number?

I don't even know how to fairly assess this. I mean, even if 90% of the market is speculation money, that's still market.. and every single market out there has it.

And I wonder; if we were to magically remove all speculation money, where would we be? pre 2011 boom price?

How much btc is actually circulating in the economy as opposed to trading, speculation and hoarding?

If we remove speculation, there is little to no market left.

Blitz­ is just depressed thats all, a good buying opportunity; thats what every bitcoin crash has ever been will ever be, the big the crash the better the buying opportunity.