Post
Topic
Board Economics
Re: Big Crash coming
by
Xester
on 28/03/2017, 11:10:25 UTC
How can you say that big crash is coming ,dont you read news on cryptocurrency? They already predicted that bitcoin will first reached the 2000$ before going down.
And what news are that? The bitcoin bull news? Bitcoin has great potential but to reach that price there is a long road ahead of us, be happy with the price as it is since it is already large enough that no matter at what price you bought you can make a profit.
Correct because I would rather want to see a price increase slowly than there is an abrupt increase which is very scary for us. The recent drop is very alarming but good thing it's back up now, I think we will be stable at $1,200 and will continue to increase slowly overtime.
That's right. Slowly rise is more prefered to many bitcoin holders rather what is happening now with bitcoin's price, it's just jumping and dropping with big steps; such behavior makes people only to panic and make some risky decisions.
always be positive about how bitcoin price move , everybody expect and wish the price of bitcoin keep growing to the highest , well it is just an expectation , you have to realize it by keep the coins circulating , a lot of things you can do to help it grow faster actually.

you just don't know yet and some people still expect bitcoin to crash and take it as a moment to start farming to invest in bitcoin at low price.

I do not agree with you. Those who deal with bitcoins understand that it will not become very cheap any more. Nobody is waiting for the price of 500 dollars. The lowest adequate price now, on which you can make a purchase - is $ 900

They believe that bitcoin will not decrease in value but they notice something that is very complicated and crucial in the bitcoin network that can possibly bring about major problems on bitcoin. And that is the possible split in bitcoins due to the conflict between bitcoin core and bitcoin unlimited. Those are the main reason why people thought that bitcoin will suffer big losses this year. But the unexpected turn of events have occurred the bitcoin supporters are waiting for a dump and when the dump happened they buy more bitcoins in their capacity.