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Re: If BTC goes to $1000 or more, what would you do?
by
electerium
on 16/03/2015, 07:24:41 UTC
I'd buy MORE bitcoin :-)

Yay you would be buying my bitcoin if there was no reason for the rise to 1000+ if there was a reason then i would most definitely hold but anything else it is time to unload my holdings until the next drop then i will be back with a bigger stack. Smiley

unlikely.

The first run to 1000 was fueled by capital flight from china, which was eventually neutered and what was likely an inside trading bot at mt gox.


a second run to 1000 from here would be straight fundamentals. a lot of money from gemini and coin, gbtc, dont really move around. There would be a legitimate floor for bitcoin barring some zero day attack.