You invest in something with potential
The potential hasn't changed... That is why I'm asking. Why are people investing even more as the price rises? There's no real determining factor?
I realize that this comes off as fud, and it sort of is. But I honestly want to know what makes these things tick to know what to look for in future investments. There was no new news, no new announcements, nothing changed as far as I can tell. Why did this explode?
maybe the press it got has something to do with it?
maybe <1.2 million coins?
maybe ~100 coins per day
maybe released dev meeting log?
maybe people actually understand what I am building?
Or it could just be random chance?
So you don't expect a crash? Do you expect continuous growth?
I expect volatility, possibily large volatility
So depending on your definition of "crash", maybe it does due to the volatility
We are talking about 1 million coins, probably only 400,000 that are actually being traded and $500,000 USD per day, so each BTCD is traded several times a day.
Anybody that says they can predict short term price under such whirlwind is lying.
Even my 85% accurate forex predictors wouldnt be able to get a very good accuracy for this sort of market.
Long term (measured in months), will BTCD be stuck at ~1 million marketcap?
Only if I fail to deliver the software
James
P.S. see my previous post