Post
Topic
Board Speculation
Re: When do you think Bitcoin will reach $1500?
by
1Referee
on 24/04/2017, 11:31:33 UTC
I think that seeing 800 usd per bitcoin is not possible this year.

Don't move forward too quickly with such assumptions. Bitcoin has proven to do exactly that what people don't expect. I don't say that we'll go there, but it's simply not wise to discard that possibility with several uncertainties that we currently have to deal with. People here are as volatile as the price is - one day the sun is shining and most people are happy and confident, while the next day their mood sinks down to the absolute bottom where they start dumping like there is no tomorrow. It doesn't take much to trigger these panic waves. Combine that with stop loss orders triggering each other, and there you have prices well under the $1000 level.