within our own private network.
an underground bitcoin trading ring?
I expect 666$ prices either in November or December. Unlike in past, I don't think that this time we're going to be stuck at 666 for long though. The momentum will bring us to new heights. More terrifying heights.
I wonder at what level large traders will start with taking profits. It might be the comming days, or maybe when we touch the $500 price level. I have the feeling it can happen at any time.
sure they will start taking profits, but when the shit hits the fan, even the big dumps will be consumed by panicking mob. just think how many moderately rich people exist in the world. I don't even mean billionaires, just the regular lawyers and dentists. there are simply not enough coins for everyone. and for that reason, even the dumps from satoshi nakamoto wouldn't harm the price. in fact, it could be healthy for bitcoin because the more bitcoins are distributed the more people will start to utilize them in their everyday life.
Agreed! People with medium range six-figure incomes could throw $10,000 in without feeling too nervous about it. There's LOTS of people in the WORLD who make that kind of money. But there's not enough whole Bitcoins for a fraction of them
