Post
Topic
Board Speculation
Re: BTC Price drop?
by
batang_bitcoin
on 04/11/2017, 22:04:54 UTC
Are people scared by the hard fork or why is it dropping?

I myself is scared about this upcoming but it's happening so we just have to go with the flow. The price seems to be good at $7,000 after seeing it went up at $7,300 and now there's a $200 dropped on it but it's not a big deal to me. It's now very far from my expectation and every time it drops only one reason is there and that is because many are selling.
You do not need to be scared. BTC isn't a speculator bubble, it will still be development in many years and will be valued more than today. A crash will happen but no problem.

I'm not scared with bitcoin but with the fork. I'm worrying that B2x has a lot of support. I know that bitcoin can stand with it but the majority of miners are into that fork coin and they are showing the support to it. Well I'm not expecting a crash but a rally and a correction so the price will be dropping as soon as many are contented with the current profit that they can take but they will be back for sure after taking profit.