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Bitcoin Forum > Other > Beginners & Help > Hi. Thoughts on whether their will be a bitcoin crash after next weeks gov talks
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garwaybeast (OP)
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November 09, 2013, 03:52:53 PM
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What are peoples thoughts on wether the BTC price will continue to rise or will it crash after the US gov holds talk on it next week?
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November 09, 2013, 04:03:18 PM
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Maybe of maybe not, maybe they are talking about core integration or the general problems with it. It could also cause a spike in media attention so others could adopt it. Could you provide a link please?
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MaxwellsDemon
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November 09, 2013, 04:15:32 PM
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The recent spike started shortly after the closure of Silk Road. It only intensified after the paper about selfish mining made a media splash, with headlines like "Bitcoin is broken".

There are many more examples. If there's anything I've learnt about bitcoin in the past few months, it's this: when it comes to bitcoin, all news is good news.
We're hunting for Leviathan, and Bitcoin is our harpoon.
gripflierGO
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November 09, 2013, 04:21:35 PM
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Quote from: garwaybeast on November 09, 2013, 03:52:53 PM
What are peoples thoughts on wether the BTC price will continue to rise or will it crash after the US gov holds talk on it next week?

Regardless of US gov holds talk, a correction will come. Big whales will sell for profit and many others panic sell. I guess crash to around 200.
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