Post
Topic
Board Speculation
Re: point of maximum pain
by
db
on 14/04/2014, 19:28:49 UTC
Back in 2011 I passively watched the decline. At 2$ there were heavy doomsaying on this forum. I read forceful arguments that nothing would prevent a further drop to 1$ and below. For the first time I felt a serious temptation to sell bitcoin to be able to double them at 1$.

A few days ago at 350$ I for the first time calculated at what price I would really be hurt if it continued falling.

Just another piece of data.