Post
Topic
Board Economics
Re: I need bitcoin to be $690 to break even.....will I make it?
by
BitmoreCoin
on 29/05/2015, 16:02:49 UTC
Will I make it?

Well as mentioned it does depend significantly on the China because of the volumes involved. Bitcoin was $1200 once, and the best predictions indicate a value around $1000 in the next 3 years or so.
In any case, you could wait it out for a few years, probably the best bet.

The volume in China does not matter as the trading fee is 0% for big exchanges there.