Post
Topic
Board Speculation
Re: Bitcoin from $6000 to $5500
by
magneto
on 29/10/2017, 07:55:52 UTC
I just checked poloniex today and btcprice went don't to $5506.28 so that would be -$500 dive. Is this because of the upcoming fork? Can somebody enlighten me what could be causing this?

Whenever a pump takes over, there will always be a correction. It has always been this way and there is absolutely no way that bitcoin's price can keep growing just without stop, it's just not going to happen.

Also, bitcoin gold was priced into bitcoin already in my opinion.

When the snapshot was taken, the price was taken out of bitcoin essentially. But it has now recovered to around $5800 again.