Do any of you that follow the price of Bitcoin closely think that the price will ever drop back down to $500 or something close to it? And why or why not?
I think anything may be happen in the Bitcoin , because history of rates of Bitcoin directly saying that nothing is fixed in Bitcoin price .
We already seen in the year 2013 the fall in price was unpredictable and also growth in the price was unbelievable .
So anything may happen .
Of course , we can't really never tell what may happen soon. Since there is already a history that it happens before then probably it will be. But for as long as its increasing in value now. The fall down will not happen so soon.