Post
Topic
Board Speculation
Re: Is Bitcoin in a bubble right now?
by
ethereumhunter
on 25/03/2017, 04:42:23 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?

i think if you can hold it for a while and if you want to grow your bitcoin amount, then you can do trading altcoin but this is only if you have knowledge in trading. if you don't have any knowledge, its better to hold your bitcoin and don't even think to investing in any programs in out there because you don't know if its works or not.