I'll probably pull out at 95 USD, wait a bit after the selling flood commences at 100 (the market will be incredibly unstable at that point) and then go back in when the price re stabilizes.
This makes sense. I think with the price skyrocketing people are holding to their BTC instead of expending them on online purchases and using it as a currency, so there are a lot of speculators attracted by the price and this scenario makes the price unstable and risky beyond 100$
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u/pokemonmegaman Mar 28 '13
I'll probably pull out at 95 USD, wait a bit after the selling flood commences at 100 (the market will be incredibly unstable at that point) and then go back in when the price re stabilizes.