Post
Topic
Board Bitcoin Discussion
Re: 11k plus is the price of Bitcoin Now. my fear is.....
by
Mind Control
on 03/12/2017, 20:06:52 UTC
Bitcoin might drastically go down deep following the sudden surge in price. If am wrong you can correct my impression thank you.

Only time can tell whether your doubts are correct but for the mean time, we all consider this as a speculative claim.
Bitcoin drops from time to time and this is inevitable due to its volatile nature. Considering its price today, Bitcoin could collapse at any moment or it could continue to rise. The ATH from ~11,500 went down to ~9,800 last correction. This is a drastic drop when we are to look at the "value", however it recovered quickly and barely affects holders.