Post
Topic
Board Speculation
Re: $486 WOT the hell is going on????????
by
twerdefnce
on 12/08/2016, 21:01:15 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.

I think the current price is quite good to buy. The bitcoin price will rise soon after people forget about the hack.
of course it is low enough to buy right now, after it the price is going to grow only