Title: What are the long term consequence of the lack of bitcoin offer on the excanges? Post by: cedivad on March 19, 2013, 04:05:19 PM 30'000 BTC to buy to hit 100$. That's "bruscolini", something tiny.
Short term, we will hit 100$. What will happen after? Isn't it logic to except to see massive dumps from people that bought < 10$? Title: Re: What are the long term consequence of the lack of bitcoin offer on the excanges? Post by: yokosan on March 19, 2013, 04:12:31 PM 30'000 BTC to buy to hit 100$. That's "bruscolini", something tiny. Short term, we will hit 100$. What will happen after? Isn't it logic to except to see massive dumps from people that bought < 10$? Logic? Yes. Every buy involves a sell. You say it will sell for $100, which means people will also buy at that price. Title: Re: What are the long term consequence of the lack of bitcoin offer on the excanges? Post by: blackreplica on March 19, 2013, 04:14:06 PM OP you could be right but something tells me there arent as many guys who are early adopters compared to the rest
Title: Re: What are the long term consequence of the lack of bitcoin offer on the excanges? Post by: Melbustus on March 19, 2013, 07:38:20 PM Isn't it logic to except to see massive dumps from people that bought < 10$? I bought a good deal of my position under $10 (though my avg is above). Not selling at $100 unless something significant changes in the bitcoin ecosystem to negatively affect my long-term view. |