Post
Topic
Board Speculation
Re: Bitcoin at all time high $6000
by
Tomjames
on 31/10/2017, 15:41:21 UTC
Heyyy guys , bitcoin at $6000 after world bank president said "buying bitcoin at 5200 is too expensive "  ... what price do you see the market will close this year at ? Thanks all  Wink
Max to Max 7000$  per coin at the end of the year. Everyone is like holy shit bitcoin is now worth 6000$ and I to be honest expected that the markets are going to crash just like last time when it hit 5000$ mark and then you see the price of bitcoin growing more, that was indeed strange, and not enough theories behind it also at the moment. Imma bit curious, and doubtful at the moment on what may be the reason.

Haha the reason is simple , bitcoin is functioning on supply and demand , the more it's wanted , the more the prices will surge higher , unlike fiat where interest rates affect prices and that's why Jamie Dimon is saying 'Bitcoin is stupid"  Grin they will never be able to manipulate the markets anymore