Quote from: FomoATH on October 26, 2017, 05:50:05 PM

Quote from: lite on October 26, 2017, 05:39:42 PM

Quote from: clrpod on October 26, 2017, 01:18:40 PM

I do not see this happening, in fact I don't really expect to see bitcoin fall below $5k before the year end but that is far more feasible, only some doomsday scenarios would lead to a price of under 2k.

I think below $5k might happen then bounce back up(would definitely buy more if price goes below $5k Grin

). $2k is highly unlikely, i wouldn't bet on it.

I will never believe that now bitcoin can greatly fall in price. It would be a holiday for many users of this coin. And all would go again to buy bitcoin. But this will not happen, because the price can not fall much

Even after segwet2 the price of bitcoin sustain its position, then how can we expect that the price of bitcoin will lose 2000$. I think investor are even confident that very soon bitcoin will reach to 8000$ and so the price is expect to gain 2000$ instead of losing it. In fact bitcoin has still too much potential to increase its price and in fact the increasing demand of bitcoin is also increasing the price of bitcoin too much.