Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Cassius
on 31/05/2014, 17:03:46 UTC
I wonder what effect the HODL mentality will have on volume. Everyone seems to be expecting this clockwork, 9 month peak-to-peak, order-of-magnitude rally. That suggests a self-fulfilling target at which people are more likely to sell (why sell at $2000, which might otherwise seem perfectly reasonable, if you're pretty sure we'll see $3,000 before long?)