Post
Topic
Board Speculation
Re: [Cosmopolis] Prepare for Bitcoin $266 Retest
by
IamComrade
on 06/04/2014, 11:36:05 UTC
I'm mindfucked right now. Why are we heading into the 500s?? This doesn't make any sense.

What were you expecting?

China is driving the price up, which is unexpected imo. In an organic market, I believe most players would cash out following the bad news and leave the price around $420. Are we preparing for a mega pump n' dump?

In any case, I won't buy until the Chinese exchanges release their official statements regarding bank transfers. Be careful

I think price maybe go up now until the next bad news from China lol