Quote from: treihon on September 15, 2017, 08:48:45 AM

Quote from: Jasper Crypto on September 15, 2017, 08:43:17 AM

I think so, maybe even down to 1k. At the moment it doesn't look good for btc.

The bubble had to clap apart some day..

Bitcoin is not a bubble, and I really think you have a lack of understanding about how bitcoin works in order to say that. I really don't think it will go to 2k again, but even if it goes there I don't think it will be a problem. People are just panic selling now, because the major China exchanges already said they will suspend trading at the end of the month. But they will get a license eventually and re-open and things will just go back to normal. This is not the end for BTC, I think it's just a good opportunity to buy again at a cheap price.

If there will be other supporters of by who would want to invest in it then it won't drop. Cause right that btc needs are investors and really money to keep btc. I don't see it crashing but it would take time also to recover if there are no investors or miners to keep by on track. A lot of percentage was lost when China announced the news and its gonna take a lot of percentage also to recover.