I hope at least some of you got out when I told people to at $10 or $11. I got rid of most of mine at that point although I still have 3 bitcoins left. Couldn't get rid of them in time. lol
My post on 8/6.
"I would expect bitcoins to continue to drop to under $5 as speculators throw in the towel and try to recoup some of their investment. Heck if mt glox allowed you to short bitcoins I would expect it to drop under $2 at some point."
I still say its going lower and will eventually hit under $2. If you still have some coins I would sell at the next spike. Maybe $6 if you are lucky but it may not even hit that. For those thinking about buying I would advise not to try and catch a falling knife.
My post on 8/6.
"I would expect bitcoins to continue to drop to under $5 as speculators throw in the towel and try to recoup some of their investment. Heck if mt glox allowed you to short bitcoins I would expect it to drop under $2 at some point."
I still say its going lower and will eventually hit under $2. If you still have some coins I would sell at the next spike. Maybe $6 if you are lucky but it may not even hit that. For those thinking about buying I would advise not to try and catch a falling knife.