Post
Topic
Board Speculation
Re: Bitcoin Price Breaks The Barriers, Crosses $500 Mark
by
NeuroticFish
on 06/06/2016, 16:41:51 UTC
Bitcoin price skyrocketed, crossing the $500 mark. As inconceivable as it sounds, it was reported to be as high as high $531.70 .

VISIT:- https://www.digitalcoinsexchange.com/blogs/bitcoin-price-breaks-the-barriers-crosses-500-mark/

While I cannot deny it was quite a rise, I wouldn't say "it skyrocketed". It's some 25-30% rise in about 2 weeks. Bitcoin just came closer to what should be its valuation.
If it would rise about 100% in a week or two, then yes, that's skyrocketing. Some alts have shown that it's possible.

It is really a good news that the price went up. The bad news is that I don't have much coins. Sad

I feel your pain. Last time I blew it when it was really low: I wanted to buy and I delayed it too much. Since then I kept waiting to fall back to buy more. Stupid me.
Of course, if I start buying, the price will fall  Grin