Post
Topic
Board Speculation
Re: Long Term Speculation of Bitcoin - Sell $400 Buy $300 Sell $500
by
pork pie
on 19/01/2016, 09:56:41 UTC
I'm not being bearish on BTC, as a miner I want it to go up, I am just saying that in the short/medium term it will probably go down towards the $300 before going up towards the $500-$1,000,000.



The possible fork might drive the price back down. If it happens and gets messy it could go quite low. In February the next MtGox creditors meeting takes place, and there might finally be some news about what's going to happen to all the MtGox coins. If they get sold so the creditors can be paid back in fiat it could also rive the price down.