Quote from: Astargath on May 11, 2017, 07:48:24 PM

Quote from: Ayiranorea on May 11, 2017, 07:34:58 PM

Wait is the decision of mine, now the price seems to gain resistance. Further if a drop happens once again at least a small pump in price can be expected. So holding seems to get better profit than just selling at the present $1850. We might soon touch $2000 per bitcoin.

I will sell if the price starts to drop fast and will sell for sure if it hits 2000$ because I'm pretty sure it will get dumped hard if it does. The hype about bitcoin made the price so high but that's nothing for long term so eventually it will drop down a few hundred dollars

Now everyone is waiting for what the price of bitcoin will rise so I have to keep saving and not spend. This creates a shortage of supply and promotes growth, but as soon as the large speculators start to sell the price can come down and you can't sell your bitcoins because of a lack of demand while the decline will not stop.