I'll quote you in a year from now   Got it set in my calendar lol...

I'm all for the positive speculation on Bitcoins and I've told the members on my forum to hold as well. I think we'll see a significant dip after BFL ships their SC Lineup but I'm thinking we'll see at least $35-40 in a years time. I hope no one takes offense to this, but you have to realize that much of the Bitcoin market is made up of kids and amateur traders! When a MM moves in like this, there are thousands of small accounts that follow in a panic sell simply because they aren't as educated in real trading. I was the same way when I started playing around with day trading in other markets years ago but I have learned my lesson - common sense tells you to buy low and sell high, but to the rookies or people with weak stomachs emotion takes over 99% of the time! People need to go into any trading situation with a specific stop in mind before they ever purchase IMO.

I don't know what it is about weekends and Bitcoins, but like a previous post said, I've come to enjoy Monday's more than the weekend! Just speculating here, but anyone have any insight into why this is? My best guess is that the "kids" are out of school and/or people let their miners run during the week and sell off what they made when they have time at the end of their work week!?


LOL - already made nearly 10% since I started writing this post Thanks whoever just dumped all their BTC!