Post
Topic
Board Speculation
Re: Dead Cat Bounce ??!!
by
walidzohair
on 23/10/2011, 04:23:58 UTC

0.0025 means one can buy the entire market for 20k USD. Get some sleep and think this over.

This thread is still going?  I thought it might have "died faster than bitcoin" ha ha ha ha ha

The point about the minimum "market value" is relevant here, and this reinforces it.  Other threads and the bitcoin users in general have an appetite to have some coin even if only as a curiosity.  A few people with $100 each supports that 0.001 price, but more likely if it got below $100k I would be genuinely surprised ($70,000 for 7 million coins is 1 cent each).  At the moment it's still 200+ times tat amount.


Well Actually buying the whole BTC for 20k $ is kinda over priced. As the whole project is still under development and 20k $ is not the kind of money that would any one put in something to find out in couple weeks or months it worth of 10 $.