Post
Topic
Board Speculation
Re: Bitcoin will touch 1200$ in January 2017
by
Wefud
on 17/08/2017, 13:49:07 UTC
I am feeling a bit nostalgic when I look back to this thread, when price was just above 1000$. We are now above 4000$, that is simply incredible...

For history, what I said on January 2nd :

No, I don't think we will reach 1200$ by 2017. The rise has been too fast, we will get down pretty soon and pretty hardly. Let's tell it, we've all started dreaming again, even me. The newcomers are now having the feeling that they are in the "ATH story" that so many people are telling again and again. But to be frank, in that ATH, the most memorable is the hard downtrend that followed. I don't think we'll escape that patern. I greatly hope that I'm wrong, because my savings would be worth a lot more, but I think I'm right.

History proven me wrong, and I am glad of this.

That is right. The price of bitcoin is already $4400. I will still hold for the long term.