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Topic: BTC may soon test $200 levels very cheap stuff to buy on bidcoind.com (Read 791 times)

hero member
Activity: 1666
Merit: 565
Why do you think BTC may soon test $200 levels?


Because no one will be buying BTC at this price, next logical psychological level is around $200,

lets face it BTC will not reach 1000 USD ever again, its initial distribution is shaky at best, too many bag holders could be classified as premined, should have been distributed slowly as adoption progressed but majority half of it is mined to couple of hundred people before any real use.

No institution is going to come and do couple of hundred BTC bag holders that big of a favor.

this is just your opinion.
newbie
Activity: 34
Merit: 0
Why do you think BTC may soon test $200 levels?


Because no one will be buying BTC at this price, next logical psychological level is around $200,

lets face it BTC will not reach 1000 USD ever again, its initial distribution is shaky at best, too many bag holders could be classified as premined, should have been distributed slowly as adoption progressed but majority half of it is mined to couple of hundred people before any real use.

No institution is going to come and do couple of hundred BTC bag holders that big of a favor.
member
Activity: 62
Merit: 10
Why do you think BTC may soon test $200 levels?
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