Post
Topic
Board Speculation
Re: If you're not out, get out.
by
Minsc
on 15/09/2011, 21:09:40 UTC
Amen. The whole notion that $4 or $5 is cheap while $30 would be high is, quite frankly, laughable. Its not a stock you can measure against P/E ratio's, its not a national currency you can measure against gross domestic product. There really isnt any yardstick.

It's based on how much someone will pay for it.

I'd personally love to buy a million coins for $30 each and if I had $31 million dollars I seriously would.  ($1 million extra for the Gox fees).

I don't have pretty much anything moneywise to buy coins or I'd be buying them back to $8.