Post
Topic
Board Speculation
Re: Fear will replace greed (Single digit Bitcoins in 2014).
by
MatTheCat
on 21/12/2013, 20:04:22 UTC
The amount of people interested in Bitcoin combined with the supply will not allow BTC to drop to single digits ever again.  Or double digits IMO.  I would buy so many if it did, just like everyone else would.

The law of supply and demand can't be beaten.

If you told me two weeks ago, $600 dollar Bitcoin, I would have snapped your hand off.

Now that I can get $600 dollar Bitcoin, I aint buying.

See how easily the psychology of price shifts.