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Author Topic: Will there be a spike in price by the end of the week?  (Read 1021 times)
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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Even in the event that an attacker gains more than 50% of the network's computational power, only transactions sent by the attacker could be reversed or double-spent. The network would not be destroyed.
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June 13, 2011, 08:15:07 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.

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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