Ninjastic
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Board Speculation
Re: Oh it's far from over...
by
applesRyummy
on 04/01/2015, 18:34:42 UTC
Quote from: malaimult on January 04, 2015, 05:22:18 PM
Quote from: bananaControl on January 04, 2015, 03:49:15 PM
Can't decide if I should put another 2000 USD in bitcoin now, or wait and see if it goes even lower Undecided

Bitcoin could just as easily drop another $25, $50 or even $100. I would play careful. Only risk what you truly can afford to lose.

The estimate trading widget on BitcoinWisdom shows a single flash sale of 20,000 BTC would take the price sub $200.

20,000 BTC sell offs are not unheard of.
I don't think we would see that large of a flash sale. We may see some kind of a bear whale selling off their bitcoin however I would doubt they would be in so much of a hurry that they sell at whatever price they have to.