Post
Topic
Board Speculation
Re: So, how long before it drops to 410 AGAIN?
by
LMGTFY
on 06/04/2016, 10:15:52 UTC
As more and more people discover that the implementation of SegWit only pushes the problem forward for maybe a few months, we can expect prices to plummet again.

It's not a problem. It may be seen as an inconvenience by some people, but that's all it is. The only real problem is that there have been formed several groups of alternatives that are now battling each other to get their "best version of Bitcoin" into the world. But they will never win. Their existence is very short term.

@1Referee:

I'm not seeing the problem there, to be honest. At the final analysis, the miners get to decide which is the "best version" - the same as it's always been. The only thing different now compared to the past is that there are choices besides Core.

Oh, and one of them has to win - same as it's always been!

@talks_cheep:

Much as it pains me to be the voice of doom to your voice of restraint - I think if we hit $410 we're probably going a good way further down. However, I think there's a better chance of breaking through ~$425 and going a good way further up. I think the likelihood of sitting around $410 is pretty remote.