Post
Topic
Board Speculation
Re: Bitcoin reached 450$ today. share your views guys
by
geofflosophy
on 25/06/2016, 19:03:42 UTC
In a few days it will be costing a $ 5000 hehehe

In a few years, the price of bitcoin could be $5000. If it rises to $5000 in a few day/months, it will crash back.

The bitcoin price came back to $500 from $780. It just seems the price is not going to be too high in the short term.

That could be true. The price rose more than 100% in the last 12 months. I think it has risen too fast. It just needs a rest.

Laughing out loud at the price resting. You're not seeing the big picture. Big money wants in. They want BTC by the thousands, but they can't get that volume OTC anymore. We will be sitting pretty at $1,200 very soon, and once it stabilizes in the $900-1,200 range for a while this big money will realize that they need to get in before it's too late once the run-up begins.