Post
Topic
Board Speculation
Re: BTC Price going back to $250???
by
richardsNY
on 08/11/2015, 19:07:57 UTC
Not necessarily. It seems you have no idea about this, we are still above 100+ dollars of the initial price and suddenly 381 which is the current price is slow.. well give it time and it will recover, this is called a correction.
I agree, this is no need to be concerned. Why not just wait and see the price rise? It will be unwise to sell it right now. I suggest wait and see the price rise above even $300.

There is no need for concern. The price of bitcoin is still higher than $350. It is higher than a month ago. It is consolidation time.

As long as it stays above $300 it can be seen as a nice achievement. Of course we don't want to see the price go near the $300 level, but if it goes there anyway, we just need to make sure we use that situation in our advantage and buy more coins.