Post
Topic
Board Speculation
Re: Can someone explain Bitcoin to Jim Rogers?
by
proudhon
on 20/11/2011, 21:07:31 UTC
Haha, if the price drops, he can just buy more. At the current market cap, he could buy all the bitcoin owned by The Manipulation, Wagner, and Satoshi combined. And most traders will sell at 3.5 or 5 thinking it's a false rally and have nothing to sell when it's at 30 to drive the price down.

But of course there's still the miners...

Wait a minute, you're not Jim Rogers trolling us are you?