Post
Topic
Board Trading Discussion
Re: Betting on the price falling
by
BTCLovingDude
on 31/10/2017, 12:51:40 UTC
The price is going to crash back down to under $2,000, mark my words. I do not know exactly when it will happen, but my estimate is before the New Year, guaranteed. If you think about it that would make a lot of sense since everyone will want to sell it to buy gifts and stuff for the holiday season. Although I have a feeling that Bitcoin and cryptocurrencies in general will possibly be the hottest gift too.

if you were a brand new account i would have said he has not been around to know but as someone who owns a legendary account you have been around for enough time to know that is not true.

each year people make the same prediction about "selling to buy stuff before new years" but each year it never happens. sometimes there is a little dip because of other reasons but in general people never "sell their investment to buy new year stuff". they use their fiat, their salary and bonus,... to do that.

besides, you have new year. some part of the world have  their new year in another month like China for example. and bitcoin is global!