Bitcoin Forum

Economy => Economics => Topic started by: Neyo on June 13, 2011, 06:32:39 PM



Title: Will there be a spike in price by the end of the week?
Post by: Neyo on June 13, 2011, 06:32:39 PM
I suppose that some people who read today's articles in the mainstream media will wire their money to MtGox today and tommorrow, and buy bitcoins by the end of the week.


Title: Re: Will there be a spike in price by the end of the week?
Post by: MikesMechanix on June 13, 2011, 08:15:07 PM
I suppose that some people who read today's articles in the mainstream media will wire their money to MtGox today and tommorrow, and buy bitcoins by the end of the week.

That + whoever wired money in during the weekend  + Silk Road accepting users again = another spike almost certain imo. Might not reach $30 this time though. If the price gets past the $25 point within the next couple of days, I'd expect another steep decline to follow.