Re: Speculate where the price will be headed when gox comes back
My bold prediction:
MtGox will come back up, everyone will look at each others... and nothing will happen.
Price won't move (significantly) in any direction.
MtGox will come back up, everyone will look at each others... and nothing will happen.
Price won't move (significantly) in any direction.
big assumption there, that everyone learns from past mistakes. Better copy / paste this one to the wall of bold predictions. Bold indeed.
If we learned this lesson we may have learned a lesson from the last bubble as well, but the market's hardiness should restore some lost confidence.
Looks like both bulls and bears got a little something.