Post
Topic
Board Speculation
Re: Bitcoin just hit $675 on GDAX.....fasten your seatbelts
by
1Referee
on 27/10/2016, 11:31:20 UTC
For a while, I was really skeptical if we could $700 by the end of October. I guess I am wrong because judging from today's price movement, $700 could be reached anytime now.

It was basically the same back in June where the price nearly touched the $800 level. It was only $12 away from reaching that price. Nearly all people were expecting it to happen within 24 hours, but it didn't happen. The price went south real hard after that.

OP;

The current increase is a welcome happening, but it doesn't really gets me excited to be honest. I am more waiting for some heavy volatility where I as a trader can greatly benefit from as that is what I am waiting for. The coins I have in my cold wallets will remain there for a price far beyond the $700 level.