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Bitcoin Forum > Economy > Economics > Will there be a spike in price by the end of the week?
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Neyo (OP)
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June 13, 2011, 06:32:39 PM
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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.
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What is consensus?
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June 13, 2011, 08:15:07 PM
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Quote from: 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.

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.

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