Post
Topic
Board Speculation
Re: Do i buy now?
by
klovishey
on 16/12/2013, 17:20:47 UTC
china will push bitcoins to $0 or possible negatives

western markets to bottom at single digits (hopefully)

my ladder is

$11
$7
$3
$.55
$.15
$.02


 Huh

This is just bearish, Chinese have the strongest hands.
If it goes that low there's no point in buying. Such price would only be caused by a total collapse of the market due to some virus or total network failure.

Do not underestimate the possibility someone just sells a lot of coins at once. It would be foolish, but posible. It would be worth buying at these prices then