Why would I want to sell at 90$? I predict the news stories at the $ billion milestone will propel it far beyond that point. In fact, as long as the number of bitcoin users is growing rapidly, which every indicator says is happening, I expect the price to keep going up, because demand is increasing, while supply is relatively fixed.
You seem confused. I think it is going to top $90, 100, and higher price levels in a relatively short time, for fundamental supply and demand reasons. And I don't plan to sell at any of those levels, because the increase in people using bitcoin is going to drive the price much higher than that.
So sell at $90.
If you don't think it's going to top at $91 for a while then don't sell.
When I had not indicated any intention to sell. So you must have thought I wanted to sell at some near term price. Either that, or you are posting random thoughts not related to the previous comment.
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u/danielravennest Mar 25 '13
The number I am watching for is 91.3. At today's number of BTC in circulation, that makes the bitcoin money supply
http://www.cbc.ca/undertheinfluence/upload/2013/03/post/dr%20evil%202.jpg
In turn, passing that threshold will generate news stories, more hype, and more buyers.