Post
Topic
Board Speculation
Re: Triple digits by 2018?
by
btcney
on 12/12/2017, 08:06:28 UTC
Do you think we could see sub $1k prices at some point next year? I mean, is that even a possibility?

Thanks

There is absolutely no reason to think that bitcoin will crash at all, let alone crash to 3 digits in 2018.

Let's just take the worst case scenario - the rally stops, people panic dump, the bubble pops. even in that scenario i think it is very hard to imagine the price of each bitcoin going down to anything less than $4000 per coin which is retracing back to around September pricing.

To regress all the way back to 2015 levels would be crazy, and if it does happen, i'm sure it's a great time to buy honestly. In fact, people can't wait to buy at these price levels right now that i'm sure if the panic dump does take it that low, it'll recover pretty quick.