Post
Topic
Board Speculation
Re: 45% drop - this is new territory, never seen before
by
jjacob
on 25/12/2017, 17:02:56 UTC
it is up 2% and rise about 14,000$ now price is stable less than 15,000$ it is good price.

bitcoin was less than 12,000$ in 2017/Nov

Maybe the price will go down and even lower. For Bitcoin it will be very bad if the price goes below $ 10,000. Many investors will lose money.

Some investors have to lose money. Those who rushed in when Bitcoin was closing in on $20k must have lost money. Greed for quick multiplication of money has its downfalls. We need investors who believe in long-term potential of Bitcoin and won't rush out during times like this.