Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

There could be even more blood on Monday.

Short term the price will drop even more dramatically, but once recovered, it should increase more, as main exchanges will get more busy. Or is there a flaw in my logic?



If Mt.Gox does implode like a lot of people are expecting then that is going to start a news cycle that is not favorable and probably cause the price to depress for a period. It will be a good time to get in though if you have been looking for a chance to buy at a good price.


Might be the best to sell on Sunday then.




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: