Topic: Newb speculation thread! (Read 306 times)
You sound like that wall street guy from reddit. lol I feel the same way as you. it's safer to book a nice profit right now and wait for the next inevitable crash. I honestly wouldn't be surprised if the big banks or Fed. reserve is toying with the price and manipulating the market. It's just REALLY WEIRD basically NO ONE has EVER heard of bitcoins before. then the price crashes and all of a sudden it's on every major news channel??
So I've dumped my stash of 12 BTC into the market at $133.
In the long run I'm bullish that dollars could fall in value so that 1BTC = $1000 US, however I think the short term exchange issues will lead to a fall to $50s or even late $30s.
The rest of my stash is for gambling with an aim to get to 1000 - 2000 bitcoins. I see that as the magic number to really change your life once bitcoin reaches its full purchasing value.
In the long run I'm bullish that dollars could fall in value so that 1BTC = $1000 US, however I think the short term exchange issues will lead to a fall to $50s or even late $30s.
The rest of my stash is for gambling with an aim to get to 1000 - 2000 bitcoins. I see that as the magic number to really change your life once bitcoin reaches its full purchasing value.
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