Post
Topic
Board Speculation
Re: $225 is the new normal.
by
ajareselde
on 09/06/2015, 11:22:47 UTC
^ Why do you think Bitcoin will go down that much again? And if it does, wouldn't it be more likely for the price to stay down for a long time? Or would most mining stop at that point and force the price up anyway?
it is rising a little bit today. looks like another bounce back.
i think if price goes below $200 then it is going to continue to go down. and if it happens, we are soon going to see topics on 150 is the new normal!

After months of price stabilizing , there's have to be a better reason for the price to go to the range you are suggesting. (65% difference you are talking about there)
imho there's no chance fir it to happen this year unless we see another mt.gox situation, or some hard legal problems.

cheers