Ninjastic
Home
Search
Users
Boards
Addresses
Ctrl + K
Toggle theme
Open menu
Post
Edited versions
Quotes to this post
Post
334868
Topic
26502
Board
Economics
Re: Who is buying above $13? Manipulation or Market?
by
MikesMechanix
on
07/07/2011, 03:58:26 UTC
Quote from: billyjoeallen on July 07, 2011, 03:14:54 AM
So either bitcoins WERE 100% overpriced or they ARE 50% undervalued currently. Time will tell.
The price is currently exactly what the market thinks is the right price. It also was exactly what the market thought was the right price when it hit $30.