Post
Topic
Board Speculation
Re: Is Bitcoin in a bubble right now?
by
N@p$t3r
on 25/03/2017, 04:28:14 UTC


Considering the tighter China regulations, the possible upcoming fork, and the rejection of the etf, could it be that bitcoin can actually go down to th $700-800 and settle there?

What do you guys think?
- Tighter china regulation and fud regarding PBOC investigation have already caused massive dump few months ago so i don't think it still have some effect on market.

- Rejection of the ETF by SEC is also an old news

- The only reason we can assume right now is the fear regarding possible dump after network split, but i don't think that gonna happen.

- I will be happy to buy back at $700-$800 range, but i don't think price can go to that level  Grin

Well amigo, that $700 price is a mind-flip for me. I still cannot decide whether to buy as many bitcoins as possible or to let go of my current BTCs... do you think it is still a great idea to hold on rather than moving into an altcoin?