Post
Topic
Board Speculation
Re: $200 is on the way
by
maku
on 03/02/2017, 19:57:18 UTC
today

LOL
Check January 2014 situation.
You can't compare directly past market events and expect it will be the same. You base your dark prophecy only on a fact that after 2013 ATH bubble bitcoin crashed.
Just because we reached +$1000 nowm it doesn't mean BTC will crash so hard again. Reasons of crash after that historic bull run:

- it was caused by MtGox fall - the biggest bitcoin exchange hack ever
- bitcoin adoption at that time was significantly lower that it is now
- margin trading was basic way for Chinese speculators to trade, and we know how leverage trading is influencing trades, every price drop is multiplied