Post
Topic
Board Speculation
Re: What price would you stop buying Bitcoin?
by
FiiNALiZE
on 18/05/2017, 16:51:50 UTC
When I start use BTC I never thought I could buy BTC in so high price, and I still don't know I would stop.
I would not want to purchase Bitcoin at a high price because the amount of risk that it contains will only get larger if the price is up that high. Since the people that purchased or mined Bitcoin when it was within the single digit price range, those people are likely to dump and cause a price crash when Bitcoin gets really expensive for the average person.
I would not want to purchase Bitcoin when/if it gets around $70,000 per coin.