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Speculation
Re: I fear - BTC is set for another downturn
by
Anth0n
on
06/05/2013, 23:03:36 UTC
Quote from: mgio on May 06, 2013, 06:38:24 PM
Quote from: Anth0n on May 06, 2013, 06:10:59 PM
Quote from: mgio on May 06, 2013, 06:05:10 PM
The price is going to $150 by the end of next week at the latest because of the news from China.
That's already priced in. If it goes to $150, that will not be the reason.
How could that be priced in? It only happened a couple of days ago.
Because upon hearing that news, speculators drove the price up accordingly.