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mk  ·  4270 days ago  ·  link  ·    ·  parent  ·  post: Understanding bitcoin

I think there is going to be a correction. It just jumped up to $66 today. I just sold 10% of mine for 1/2 of my initial investment. I'll hold onto that, and reinvest after the bubble pops.

If you are interested in buying some, I'd wait a few weeks. I'd be very surprised if it doesn't get down below $40 again. It could easily go as low as $20, I think. The value is climbing much faster than any developments suggest it should.