Post
Topic
Board Beginners & Help
Re: Once the Exchange opens...What are you going to do?
by
BTC Economist
on 21/06/2011, 16:48:07 UTC
Right now we are seeing sellers on Tradehill hang in there trying to get $13-$15.  Once Mt. Gox opens, we're going to see a rush to Tradehill and vigorous selling will commence.  I think we'll settle around $7-$8 after the dust has settled.
I wonder who is buying right now at ~$14? It's not like the sell orders are just sitting, they're being fulfilled. If anyone wants to snap up cheap coins, just wait until Mt.Gox opens back up. So why buy now?

I've been wondering this as well, but we have to keep in mind many bitcoin holders are more versed in technology than investing.