Post
Topic
Board Economics
Re: BTC will be below $11 by Tuesday, probably be below $7 by Friday.
by
Rodyland
on 11/06/2011, 23:36:58 UTC
Whats wrong didnt you get in when the price was low enough Cheesy
There seems to be lots of posters out to scare the price down at the min I cant think why Roll Eyes
[/quote]

Seems funny to me too.  The number of people posting "the sky is falling" is crazy.  Now if you stop and think about it for a second, if you were a btc holder and did think that the sky was falling and the bubble was popping, what you would do?  I put it to you that you'd sell all your btc, post a "solong suckers" if you were inclined but more likely just disappear off the map.

Does anyone really think that the doomsayers are really being altruistic and are trying to "save us" from the coming catastrophe?  Or are they more likely to be trolls, or even people trying to talk down the price so they can buy at $7 rather than at $27?

All I know is that I believe in the idea of bitcoin enough that I'm going to keep buying and mining all the way down.  A drop back to $7 (the price where I originally started buying) means I can buy more than I could at $27.  

Long live the revolution!