Quote from: foxydoxy on November 06, 2017, 02:01:34 PM

Quote from: tirthraj on November 06, 2017, 12:23:26 PM

Quote from: verifyas on November 06, 2017, 11:40:45 AM

On what basis do you assume it will fall?
I mean it has not fallen that much yet. I doubt it will go lower that 7000$ now.

There could be many reason to rise and fall.

To Rise:

1. Demand High and less supply.
2.Out of 2.1 million 1.6 million already in market. so remaining is very less.
3.Its decentralized , so no one has control over it.

To fall:

1. So may people can buy in low rate . if price never go down then only few people have these cryptocurrency .
once price will go down many people can invest.
2. More people more popularity.

Add here if i missed something.

You are right, but I think people want to have BTC, how much they can, and put their money on it, but I believe if anyone wants to be rich with cryptocurrencies they should invest on Altcoins, specially on ICOs with high potential.

I dont agree with you, you can see all altcoins are down below their ICO price even when their projects are so good then also no one is ready to believe them. and talking about ICO that are more worse, as soon as they are listed their price goes down below ICO price. So it is much better that you can buy and hold in bitcoins and even if you are trading in bitcoins will also be good. If you wanted to invest in Altcoins. then you should hold for more then one year and that too cannot say if they will be working or dead in that mean time.