Post
Topic
Board Speculation
Re: Do you expect a crash soon ? Or you see bitcoin keep climbing ?
by
stolendata
on 27/10/2017, 10:29:00 UTC
Crash is possible after investors dumps their money on fork event.Prices will climb till 6000$ but later crazy movements will result in losses due to hitted stop loss orders. I hold my bitcoins till next year and long term holders always win at the end.

I disagree with this, After october 25th fork another Fork might happen on November so if the fork is successful then bitcoin holders will keep it until the next fork. and with the increasing user it may not affect its price.

In my opinion, no one got the exact answer of predicting the future of bitcoin. In engaging a business, one must ready to accept hardness or difficulties towards work because it is expected already. Nobody is perfect and even scientist the scientist cannot able to predict the exact time of bitcoin's future. If you think it is better to have it now, then why not grab the opportunity? If not, then don't put your hand on the risk.
Yes that is not so easy to predict about the price of bitcoin, but still there are some clues and reasons on the bases of which we can predice about the price of bitcoin. So in prsent time i do not think that there can be any reason which can cause the price to dump. Therefore i think we can expect that the price of bitocin will still continue increasing for some time and hopefully bitcoin price will cross 8000$ very soon.