Post
Topic
Board Speculation
Re: When will Bitcoin hit $300?
by
Xer0
on 22/10/2013, 16:24:08 UTC
Are you able to think ahead a bit?
Once this craze is over and it will obviously go down after the very peak, every holder is going to want to sell close to the peak.
I believe we'll see an avalanche of coins, maybe up to 100k more coins into the market. It only takes 1 hour to transfer coins
to the exchanges, but days to transfer fiat (if it's not already there). So for a few days the price will drop dramatically, and
if not enough fiat will enter to compensate and resume an uptrend, we may end this year under 100$.
true. i'm hopeing for this. i need to buy...
and to short...