Post
Topic
Board Speculation
Re: How low will bitcoin go?
by
sanmankrauss
on 11/01/2018, 05:32:43 UTC
I think this will go down as low as 5000$ that will clear out the taxi drivers and people who are purely "investors" after that we will se new highs being formed by the actual users of the bitcoins


On what basis your point is? I don't think the price would be low that much or near the 10K level. Right now bitcoin have crashed in the market because of the current event in south korea where big exchange companies were raided because of their irregularities.
I am basing on some theories not exactly facts, its my view could be wrong but I would like to see it there once so that all the "new money" in this disappears