Post
Topic
Board Speculation
Re: 440$ reached
by
Zedmony
on 10/08/2016, 07:40:40 UTC
Trading with a range can be a good consolidation. After a few months of consolidation, the price will rise again.

That is right. I think the price rose a lot in the May to June period, over 60% in some measures. So correction is needed.
yes, the price grew a lot though it seems to be going down once again, in my opinion the price is going to start getting back pretty soon and i hope it will shoot to the sky

I hope the price will go up, but not too fast. If the price rises just 3 to 5% per months, it is good for the adoption.

Slow price rise or low volatility is the main characteristic of a good currency. I hope the bitcoin can achieve that.