Post
Topic
Board Economics
Re: Bitcoin price is recovering!
by
Oggy1987
on 26/03/2017, 14:49:28 UTC
Yeah its recovering but seems that it needs some time to get going and the price is actually getting low also and then high so I am not sure if that's recovery or a slow downfal.
Because of some news like hard fork the Bitcoin price fall but this is still high.
Now Bitcoin price moving slowly but we didn't sure if Bitcoin price will goes up again in 1200$ point.

No one really knows on if it would recover or not but you are right its still high price to consider comparing on the previous years price which i can say we are still on the good side or price of bitcoin and nothing should too worry too much because it will gradually recover up its price for now the thing we should do is wait and dont panic sell.
Thus, in my opinion now is the best moment to buy more Bitcoin then we hold it. I guess the price
of Bitcoin will be recovered in a few days/month later. I believe that. But you are right, don't be panic sell.
Because it will make the price of the bitcoin will be down again.
its just the trick coming from the big whales who wanted to make some panic from those weak holders, i suggest to keep you eye out as of this moment not to do some panic and sell your btc, if you still got some spare money better to buy more and surely it will bounce back.

I almost fell under presure and sell. But from now I believe price will go up, that HF will not happen. I made some extra btc with alts pump, not much but its something. Now I'm fully back in BTC and waiting, we'll see if Im right or wrong, but I really believe community will make consensus and go forward together. Sure some side needs to agree on some terms they didnt want to, but I see past week as a test, where many saw that HF wouldnt go easily as they planned.