Quote from: 1Referee on June 04, 2016, 09:27:29 AM

Quote from: kwukduck on June 04, 2016, 09:05:58 AM

As the Chinese are preparing to sell, it will trigger a chain reaction of panic selling.
The Australian auction will cause the initial massive dump and we could even drop under $200 if the market is as weak as i suspect it is.
There may still he a little profit to make here but be careful, these will be bloody streets soon.

There will be a lot panic dumping..... But it will happen after the block halving has taken place. I expect it to fall deep below $500 to perhaps even test the $400 price level. But it will not come even close to $200.

Exactly. We may test again high $4xx - low $5xx, but most likely nothing lower than that.