I think and I am predicting that a BIG CRASH is coming within the next 10 days.
Why?
Because there is no investment or asset that can increases itw own prices the way Bitcoin is doing, less than a month ago the price was at 1,300 usd and now is at 2,500 usd this is crazy and it is not possible.
Actually this has happened back in 2013 when the price falt like a rocket been knocked down to the ground.
Actually if you ask any profesional investor in the world what do they think, the will really tell you that it is too beautiful to be truth, and that you should stay away frrom anything that shines like gold, without been gold, because it is 100% that is a ponzi scheme.
So becareful and sell as soon as possible, before the boat sinks.
I hope also will not happen because I also like it, and I am amaze with what have happened, but lets be realistic, is impossible this utopic situation.
This your post show that the world or people really has a very little knowledge on how assets work. Bitcoin doesn't increase itself but people create values for it. Just like oil bump in eighty that makes many people millionaire is the same thing that is happening now to crypto currencies. For your information bitcoin will not clash within the next 10year as your prediction has no any technical and fundamental backup.
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Idrisu,
"....
For your information bitcoin will not clash within the next 10year as your prediction has no any technical and fundamental backup."
☞In as much i do not believe completely with the above post (that bitcoin will crash within 10 days). Also, there no technical & fundamental proof about the recent changes in exchange rate of btc!
Sometime's, we can predict & speculate but, this does not that such changes occur due to our prediction. It does not depend on our prediction(s). somehow, the increase and decrease are natural occurence which can sometime(s) be affected by natural & human factor's☞for instance, anyone who is 100% sure that the price will drop below $500 will sell part if, not all of his/her coin. and anyone who believes that the exchange rate could reach $5,000 per btc will hold and possibly buy more!
Thanks