(...)
LET'S GIVE PROBABILITIES TO THE FOLLOWING EVENTS
(...)
d) In 2014, price will visit below 400 = 80%
e) In 2014, price will visit above 500 = 30%
f) In 2014, price will visit above 750 = 5%
(...)
LET'S GIVE PROBABILITIES TO THE FOLLOWING EVENTS
(...)
d) In 2014, price will visit below 400 = 80%
e) In 2014, price will visit above 500 = 30%
f) In 2014, price will visit above 750 = 5%
(...)
Well, I think somebody will just prove their deep lack of understanding of economics and human psychology in the next few weeks/months/years.
I for one going to keep the above quotes on hand.
Be sure to keep this one too (note the date):
If the rumor is false, I expect that the price will go back up to the pre-rumor level (around 3500--3700 CNY or 580--610 USD), and then resume the slow descent from there.
However there may be a permanent residual price drop, due to people becming aware that such a ban is possible in the future even if not right away.
However there may be a permanent residual price drop, due to people becming aware that such a ban is possible in the future even if not right away.
