Re: Do you think bitcoin price will crash again in 2017?

Quote from: bajing on May 17, 2017, 05:17:28 PM

Quote from: tosmartak on May 12, 2017, 08:11:44 AM

Following the trends over the years, I have noticed bitcoin steadily rising (though with minimal fluctuations here and there). Recently, the price dropped sharply but since then, it is like it got angry, thereby increasing hugely each day.
Now to my question. I am actually thinking of purchasing some btc but still hoping there is possibility of the price dropping again so at least I can obtain more ( Grin

pardon my greed). So, do you think there is still a possibility of it dropping in a huge manner in 2017?
Hopefully I am looling forward to getting something tangible from finance experts.

As we know there always be a crash every time, It's all depends how you see if you see the average price in a month for this year and until now the price of bitcoin tends to increase.

Yes it needs to be understood that the bitcoin market can crash anytime regardless of all the security and all the other issues because of the fact that it is the most vulnerable currency. What makes me say it vulnerable is because of its decentralization feature, as all the other currencies the fiat are being backed by the governments while the Bitcoin is only supported by its users.