Quote from: Bitcoinsummoner on February 20, 2017, 06:17:38 PM

Quote from: bryant.coleman on February 20, 2017, 05:46:40 PM

Quote from: ged00u on February 20, 2017, 05:18:54 PM

Bitcoin is unstable but as you can see, the prices always go up no matter how many times it has been dropped.

No. There is no guarantee for that. For example, the exchange rates touched a peak of $1,230+ in 2013 December. Almost four years have passed, and we are yet to witness exchange rates at those levels (although now it is getting quite close). Have you imagined the situation of those who purchased Bitcoins back in 2013, for $1,230 per coin?

Well i think it will not be the same as 2013 happen that the price hit the price and crash that i think for now its impossible to happen because we are already growing and more people are holding large amount of bitcoin and many people also are using bitcoin they can manipulate the price of bitcoin since we are growing the price gradually increasing..

Yes, the situation is now totally changed and we are not expecting such kind situation that happed in 2013. In fact now the uses of bitcoin are increasing and bitcoin is getting more support from investors and traders in terms of huge volumes.

I believe bitcoin prices will stay similar to gold prices, staying so stable. Before end of this week we can expect bitcoin prices to beat gold prices.