Post
Topic
Board Speculation
Re: Will bitcoin go back to bellow $400?
by
lumeire
on 02/01/2016, 16:11:33 UTC
it easily might happen as the price of the bitcoin is not stable at all and it always goes up and down though i hope that it will go only up from now

We are close of the 400$ mark now at 433$

I think the economic events that will unfold in 2016 will spike up the price of bitcoins to thousands of dollars
i heard in 2016 global economic will crisis, it will impact to bitcoin price. i guess drop to below $400 is possible

Where did you hear that? If it ever happens that the global economy will see a massive downwards spiral, then most old fashion traders/investors will look into something that doesn't get affected too much. Bitcoin will be a great choice for them. Wink

Yet another side to that story is that everyone would cash out, plunging the price downwards. At this point anything can happen.