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Board Beginners & Help
Re: Bitcoin 7$?
by
gripflierGO
on 19/04/2013, 22:44:57 UTC
Everything is possible  Grin but I doubt we will see single digits again !

Ya, there are enough people who understand the value in bitcoins. Even if a lot of people are panic selling, there will be enough people buying to not drive the price down to single digit.

Actually I see a way for single digit numbers: few small exchanges close shop while not paying all users. Then watch out how the money are withdrawn from mt gox and thus making the bitcoin price very volitale