Post
Topic
Board Bitcoin Discussion
Re: Bank of America covers Bitcoin - 1300$ fair price, potential for growth
by
Herp
on 05/12/2013, 15:08:52 UTC
I wonder if them saying that $1300 per coin is a fair price is a hint that BOA holds some coins and they have decided they want to offload a portion of them when it hits that price and by saying that the price will get that high so they can start the dump.

It's not. Analysts from big banks just wanna play it safe to keep their job. They always put very conservative price targets.

They also tend to manipulate prices lower when they wanna buy or when they're short.