Post
Topic
Board Speculation
Re: Bitcoin price hit new lows
by
cybnate26
on 18/12/2013, 09:18:42 UTC
Bottom might even be a bit deeper this time, because we are close to Christmas. Most speculators will consolidate their positions back to dollars and abandon the market till after Christmas and New Year.
And of course everyone who made a bit of profit is now stepping out to pay the Christmas bills.

It is all just triggered a bit earlier than expected because of the Chinese going out of the market (for now).

I'm in for the long haul, let's see how we look end of February. Bet we're back to $1000 or higher probably.
I would say, it's getting a good time to buy a bit more.

Just my thoughts.