Post
Topic
Board Speculation
Re: What Bitcoin price is too high?
by
takingthis4
on 29/06/2016, 13:00:03 UTC
Bitcoin prise can be hight if bitcoin price can be 1000 dollars for end of this year but for long time i cant say what is mean bitcoin hight price because my idea is bitcoin price  is  unlimited for future.
bitcoin price cannot actually be unlimited, if bitcoinn completely replaces all the world money then its maximum price would be 3 million dollars per bitcoin, though of course there would be no trades with dollar then as all people would use bitcoins only

in my opinion the bitcoin price is too high when it goes a lot of down after a huge rise, then that means there are some corrections in price, i think with such corrections bitcoin will go to the moon