Post
Topic
Board Speculation
Re: Bitcoin Will Crash Below $3000.
by
pinoyden
on 15/11/2017, 07:28:24 UTC
Bitcoin below $3,000 is very hard to achieve, even after the recent buzz created by Bitcoin Cash; Bitcoin still stands strong in the market it was expected that it may crash to $5,700 which eventually happened but Bitcoin value is again $6,000+. Bitcoin crashing below $3,000 is only possible under harsh conditions when everything goes against Bitcoin like ban on Bitcoin in countries, user base declining due to rumors, ICO ban and so on but over all reaching such a dip can be very harmful for the market.  

bitcoin can still fall to 3000$ easily just like happend on the past, yet it can still recover again easily due to the demand of it because people will likely tend to buy more if they can see a huge price drop in bitcoin.

Quote
but over all reaching such a dip can be very harmful for the market.  
harmful in the means of what? i dont think its harmful rather it is benificial because trader and small investors can have an oppurtunity to purchase bitcoin if such dip can happen.



I really don't think so...below 3000$?? Are you out of your mind or just an attention seeker??
Profoundless and meaningless post.


of course it can possibly happen and he is not out of his mind nor an attention seeker.