Post
Topic
Board Speculation
Re: Will bitcoin get back to it's first time value?
by
komjhq
on 28/09/2017, 20:22:59 UTC
I'm sure this is not going to happen.
Unlike the US dollar, the Bitcoin supply is really limited. (a good percentage of it is already lost, because of people who lost their coins, especially those who did not see value in it in the early days)
With such a limited supply, a few rich guys would not have much problem buying every coin at extremely low prices.
if we consider how Bitcoin bought another record of about $ 5,000 by its price, I very much hope that he will return this price and by the end of the year we will see another record. According to big forecasts, it was already said that 2017 could end up $ 7,000 for Bitcoin.