Post
Topic
Board Speculation
Re: Back to $ 400 soon?
by
Kewatia
on 02/08/2016, 15:16:36 UTC
wow, + 7% in the last 24 hrs

 Shocked Shocked Shocked

no, price probably won't wall to 400$ anytime soon as price now is too high to fall there because of pump and dump, and price will even rise because of halving

The price will not easlily go to 400. Because many miners can't make profit with with just 400 dollar per bitcoin times 12.5.
I think the mining farms will push the price up again when the price comes near 500 dollar.

That is right. The mining cost is more than $400 for many people. They will not sell the bitcoin below cost.