Post
Topic
Board Speculation
Re: Bitcoin unstoppable now
by
Lieldoryn
on 18/10/2017, 10:05:36 UTC
I will not say unstoppable. But Bitcoin is really performing well now stable in it's high price that was reached for the past 5 years. But someday, if some negative big factor will come, it will really bring down the price.
the closest is the upcoming fork, I think the bitcoin price will decrease a little because people tried to buy the bitcoin to receive BTG and at which they will sell the bitcoin. It seems like people buying up BTC to get as much Bitcoin Gold from the upcoming fork is playing a huge part in the price increase. However it will reduce slightly and then back to strong growth. $7000 at the end of the year is feasible
Why do you think so? I understand that the desire of all users of bitcoin get free bitcoin gold can create a shortage of coins and push the price upward. But why do you think that the price will rise before year end? Because you want to earn. This is not enough. It seems to me that after the fork, the price will drop and it will balance in the area of $ 5,000 before the end of the year.