Post
Topic
Board Speculation
Re: $486 WOT the hell is going on????????
by
anthonydar
on 05/08/2016, 14:46:04 UTC

Yes. If the price rises too fast like it did in 2013, the price will also drop very fast and have 3 years of price drop.

That is the reason why I do not like big pump and dump. Slow but steady bitcoin price rise is preferred.

In the future, when the bitcoin becomes more mature and price is higher, it is going to be more stable.
well it is just a guess, it might be even more volatile as more people will be pumping and dumping, in my opinion the price is not going to go to lower than 550 prices

Apart from the Bitfinex hack caused price dump, the bitcoin price has been quite stable in the last two months.