Post
Topic
Board Speculation
Re: Bitcoin down to $570
by
Omegasun
on 14/08/2016, 16:07:17 UTC
Time to pick up more bitcoin ?

yes this is an excellent time to buy more bitcoin, and whenever you see kwukduck is getting active again on the forum and also you see him creating alt accounts to post and then reply to himself with his main account you should know that it is a good time to buy bitcoin and there is a rise right after this phase coming.

I think it is not the right time to buy. Based on my prediction it go down to 550$ within this month. I consider two factors that affects its price. First the bitfinex incident. It involves a lot btc that being hack and second is the eth dao hack. I think this two incident is connected and it gives big impact into the bitcoin investors. A lot of big investors are currently in negative profit. So i will until it reach the break even point of price.