Bitcoin Must Crash - $7500 Is The Peak
https://bitcointalk.org/index.php?topic=2380173.012 Nov 06:00 - $5600
12 Nov 22:00 - $5680
The market tested the lows within 16 hr. The market is now at around $6350.
For those who are in profit, locking in the profit is safe.
For those who are not yet in bitcoin, at the least wait for a month.
Wait.
Those who talk about bitcoin going to $10,000 by Christmas is just fantasizing - from pure unadulterated greed.
It is pure greed believing bitcoin will go to $10,000 by year's end.
Why should bitcoin be worth $10,000? They believe in the talks by the propaganda about how bitcoin is the currency of the future...banks and governments cannot touch bitcoin and therefore there is no way it goes but
UP...
All time is the correct time buying into bitcoin.
But they forget that bitcoin cannot be a currency, but only as a medium of speculation.
Bitcoin's only worth is as a medium of speculation for transfer of wealth from the bottom 95% to the top 5%.
I will not repeat my arguments as I have already explained in my other posts that bitcoin will never bring any real economic benefits to the world.
I will hope that it won't fall as that low because it will be surely hard for Bitcoin to recover from that price. But if we can't stop the circumstances, I would take advantage of the price drop and would invest to bitcoin as much as possible. Because i do believe that it will be able to recover on any kind of backdrop.