Post
Topic
Board Speculation
Re: Why bitcoin can never go past $7000
by
Cranidos
on 31/10/2017, 16:59:17 UTC
Bitcoin's volatility has been steadily decreasing over time, which means huge price movements upwards are less likely than ever. Sorry it's not going to happen. I think 5000-6000 range is the correct or fair price, so selling at the higher end of this range would bring profit at least and then I think alt coins start making more sense at that point

Nonsense. You sound like very knowledgeable and logical about your claim but it is the other way around. "Experts" claims that Bitcoin will reach hundreds of thousands in USD and yet you say that It won't surpass 7000. This is just the same when FUDers back then claims that it will never reach 1000, 2000, nor 3000 and where are we now? Bitcoin depends on the community and demand so you can never be too certain on how far Bitcoin will reach.