Post
Topic
Board Speculation
Re: Another Bubble Bursts – Bitcoin China Crashes Over 30%
by
Hugroll
on 05/01/2017, 23:41:09 UTC
Price is still close to $1000. Thats a huge increase unless you bought coins for $1150.
Unless thousands of Bitcoin get dumped and the price drops to $500, the rise over the last few months may be signs of a bright future.

The recent rise has caused some mainstream media attention and new investors to become interested in crypto.
I would not be surprised to learn that some major online businesses were considering Bitcoin payments after the recent exposure.
Totally agree with this , we shouldnt look at what happened in a day but what happened over months. price has almost doubled in a month and a small burst should not be that significant.