Post
Topic
Board Speculation
Re: Now Bitcoin Price Will Be Stable - 2700 USD, So No Rush To Sale
by
vrm86
on 15/06/2017, 15:29:17 UTC
The price haven't got sustained around $2700, it has been falling gradually. Now this has exceeded to fall beyond what people expected, because everyone was speculating about reaching $3000, at the same the price has gone down to be less than $2500. Hope the next price pumping happens in a short.

Yeah, unexpected move of bitcoin price, while many people think it will be stable or it will increase, we find it falling more than $400 ~$12xx before rising ~+70$ again. Hope to see the price soon around / +$2700 again
Yeah I was kinda surprised to see such a steep drop right when I was expecting that the price had become stable-ish, but we can never really say that BTC's price is stable, can we? Right now the worst case scenario would be price going below $2000, I don't hope for that to happen. 

It never happened for BTC price to stabilize after bubble being pumped (because it's pretty obvious it's a bubble). Current situation is the same cycle that repeats since 2012. The only one alternative scenario I can think of, is continuous rise, however crash is inevitable when Bitcoin is overpriced.