Ive been in these forums for a few days now. Ive been reading everyones great posts and looking at the massive boost that bitcoin has had over the last 6 months. But how far can it really go? Could this be the landmark that takes down the banks and really puts us in control of our own (hard earned) cash?
Trees dont grow to the skiesso goes the old investor saying. The idea is that there is always a top to any boom or bubble and while "to the moon" is a great motto, it is not a likely outcome. Firstly this is a game of round numbers. Round numbers shouldnt have any effect on prices but in practice they do.