Post
Topic
Board Speculation
Re: Will BTC hit $10.000 in Q1 of 2014 ?
by
evolve
on 10/12/2013, 20:08:38 UTC
This is interesting. Bear avatar, trivial amount of savings invested in bitcoin, yet admits the possibility?

I've been trading bitcoins for @ 2 years,  I've seen enough not to discount the possibility.  That said, I strongly believe $10,000 in the next year is a pipe dream.

Yes, I only hold a trivial amount in BTC,  the insane amount of volatility makes for a good speculative vehicle, but a poor store of value.  Also, I strongly believe in diversification, and my investment portfolio reflects that...I would never stack all my money on one investment platform.

The bear avatar is a hold over from the second major bubble;  In the short term, I am bullish (but cautious) on the price.  That said, whether I am bullish or bearish on the market can vary from day to day, and highly depends on the current state of the market.