Post
Topic
Board Speculation
Re: Going down...
by
Nemesis099
on 18/08/2011, 20:16:16 UTC
Anybody selling right now is going to regret it in about 2 weeks time. The Bitcoin conference alone isn't necessarily enough to push the price up a lot, but the strong correlation between Google trends and BTC exchange rate is too strong to ignore. If just half of the people attending the conference make a decent report on it the amount of interest in Bitcoin is going to go through the roof.

Interseting thought as I have been purchasing and selling coins on a regular basis while mining I had just sold most of my coins before the conference in case something comes out that makes it not appear as attractive.  Of course I hope I'm wrong which is why I have kept a good amount just not nearly as much as I was holding before so I could lock in the gains.