Post
Topic
Board Speculation
Re: Bitcoin hits all-time high
by
Barbut
on 28/10/2017, 10:00:01 UTC
Time to invest? Bitcoin tops the $5,000 mark
We can invest if bitcoin price drop lower than $4000, I think that is the good time to invest since bitcoin price now is in average of $6000. If hard fork happens maybe bitcoin price will go down and that will be the best time for the investors.

Why do you think that price will go under 4.000$ ever again?  I guess new bottom is 5.000$, we will see about that but that is more likely to me than dip under 4k, some bad things needs to happen to break price almost on half.
Everyone who buys bitcoins now and in under 10.000$ will be early adopter. I wonder how many days this year bitcoin was at new all times high? Next year we will have same number of days when bitcoin will be at all times higher and maybe even more. Maybe I sound too optimistic, this is happening right now and will happen in the future, I have strong logic about it.
If something unexpected takes place, the price of bitcoin might go as low as $4000 same as that happened when the price was around $4500. All of the sudden it went reaching $2900, but started to recover immediately after small time period. So we can't assure that $5000 to be the low bottom price.
I agree, bitcoin price can possibly hit lower than $4000, I think it will happen on Hard fork. Juat like what happen the last fork. Bitcoin price drop so low but immediately recover. A lot of people just make a panic selling decision thats why bitcoin price go down that low so we can expect that bitcoin price will hit again for as low as $4000 and many investor will have a chance to buy bitcoin that time.
Nobody panic, do you read what is happening in community? Everyone expected to get as much gold tokens as possible, now when fork is behind us people are selling bitcoin and buying altcoins, their price is going down for some time. Money is going in and out from bitcoin, that moves the price up or down, with so many icos around I think people are now concentrated on them too, not just bitcoin. Surprisingly or not bitcoin price is holding strong on 5.700$, what will happen in next few months is hard to say, but I don`t expect any big drops. Crypto market capitalization is higher each year and that is what I find important, bitcoin market cap is still number 1 and that will stay like that.