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Author Topic: What are the long term consequence of the lack of bitcoin offer on the excanges?  (Read 566 times)
cedivad
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March 19, 2013, 04:05:19 PM
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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$?

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yokosan
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March 19, 2013, 04:12:31 PM
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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.
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March 19, 2013, 04:14:06 PM
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OP you could be right but something tells me there arent as many guys who are early adopters compared to the rest

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Melbustus
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March 19, 2013, 07:38:20 PM
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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.

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