Bitcoin analysts says that Bitcoin price will have an imminent slump in days to come.
I see these kinds of posts on a regular basis, and I have to wonder whether any of the posters actually believe it, or are just trolling/pumping/dumping.On the remote possibility that you actually believe what you're posting, let me point out that if any "analyst" could accurately predict that the price was going to go up or down, they would become very rich very quick. The price is what the price is, and reflects the sum total of all expectations of rise/fall.
An imminent slump in days to come? I read that as "might be time to buy some bitcoin soon".
I've always thought that the media shit-talking about bitcoin was as much a delay tactic as anything. Until the companies and banks that rule this country they all need to make sure there is a big seat at the trough before saying it is a good thing. Same deal with medical / recreational MJ, the naysayers were simply figuring out how to invest in it and profit around the country. Who here is ready for the first chain dispensaries? Not me, cause I don't do drugs... only weed.
Personally, anytime btc is under or around 200 it is a buy. Then it inevitably rolls up to $250+ and at 260+ it is a sell. Short sighted, but I'm going to let btc from my mining efforts stack up. If I keep at it and stay dilligent I should be able to mine a whole coin (via pools) by August, 2015. Whoop whoop!