Post
Topic
Board Speculation
Re: What might the lowest possible price of Bitcoin be?
by
spazzdla
on 11/01/2015, 13:29:41 UTC
Under $10 is pretty much guaranteed within like a year time.
And no, there will be no recovery, bitcoin is outdated and shown to be ineffective technology.


With 100 000 people wanting bitcoin and the price at $27 it would only cost each person $4k to buy every single BTC currently in existence.. 

The odds of BTC ever hitting single digits again is almost zero...  even it becomes a thing of just us nerds I cannot see it going below double digits.