i was risiculed by a few people a couple of weeks ago for pointing out that the trend of the btc price had changed, and was bearish, it was still over 100 then, its continuing to make lower levels now ...
ok, im not one of these "told you so" predictive types, who relish this kind of thing, nor am i one to make predictions at all, i prefer to assume the market is always right and the opinions of people always flawed, and often entirely subjective ...
i dont know where btc is going to go next week, let alone next month or year or decade, im a holder and i do believe in btc as a fantastic new idea and one which i hope can, if not change the world, have at least a lasting and significant impact upon how the world sees and uses money, it is currency imo, not a commodity, the "mining" is merely btc's form of issuance
ok, all that aside, and putting aside what we think, or hope, happens with btc from now on ...
im really interested to know - at what price
for those who have had enough of btc, and want out, want all or part of their fiat back, at what price do you intend to sell (either with a profit or accepting a loss) ??
for those who are dedicated to the long term, at what price do you intend to buy more
byt that, i mean a significant addition to your stock of btc's
for me, as i got in at around 57 AUD, that number is key, and to be honest im really undecided right now, if there is strong evidence of massive buying in the 60s or 50s then i will probably buy more, if not, then im inclined to sell all somewhere in the 70s, which isnt too far off now if this decline continues ...
