View Single Post
Old 11-30-2013, 10:58 PM   #338
subordinate
My homepage has been set to RS
 
Join Date: Jun 2008
Location: Nowhere
Posts: 2,294
Thanked 848 Times in 392 Posts
Failed 59 Times in 28 Posts
such a good interview by Schiff.

TLR: Is there enough Demand for bitcoin that it can hold the price of Bitcoin steady, or is the demand artificial? Are places that are accepting bitcoins holding or selling? They have expenses to pay.....

A lot of new buyers of bitcoins are getting into the market but when the price start going down, psychology plays in system. They will want to lock in profit and is there enough buyers? Or will it tank.

We saw this happen when bitcoin went from 800 to 200 when Silkroad went down. When something similar happens, then yeah.


subordinate is offline   Reply With Quote