Post
Topic
Board Speculation
Re: This could be the bitcoin bears nightmare!
by
NUFCrichard
on 13/12/2014, 21:56:36 UTC
^ NEVER!!! I had the chance to buy since $2... Im a smart investor who has already made millions off of trading. I know better than to just jump into a digital currency.
When it hit $1,100+ I knew it was a bullshit bubble because I have traded thru PLENTY of those in the past including the real estate bubble. I refuse to buy things expensive anymore now. After doing research I can see the price of bitcoin can easily reach double digits & big miners will still be able to sell at a profit. How about you do some research?

http://willyreport.wordpress.com/2014/05/25/the-willy-report-proof-of-massive-fraudulent-trading-activity-at-mt-gox-and-how-it-has-affected-the-price-of-bitcoin/

The problem is, even if what you say is true, why did you not think it was BS at $700, or $800 etc, you happened to wait until the absolute peak at $1100 before selling out. It sounds suspiciously like BS!