Quote from: OgNasty on Today at 08:53:23 PM

Quote from: philipma1957 on Today at 08:36:34 PM

I see someone looking for coins at a cheaper price.

We are not going to correct until we get quite a bit higher than 36-38k

I think we could see a correction if the mtgox coins are distributed in the near term. Won’t really matter what the price is to a lot of those folks. Many will just want to immediately sell. That will have to force the market down a bit. It will be short lived though. I think nothing is going to hold this market down over the next 18 months though. The end of this ride is in six figure territory.

Provably this will happen since many people think about not buying when mtgox refund even will happen since majority might think about a major dump will possibly happen since there's a lot of them got a lot of profit for selling at current rate and for sure there's a lot of them want to sell first so that they will not left behind to sell at more higher price.

If that time happen then its good opportunity for us to wait for a dump since its always good to catch the dip especially for bitcoin since this is good opportunity for us to earn especially if we want to hodl in preparation for next year possible bullish trend.