Post
Topic
Board Speculation
Re: Market crash ?
by
InvoKing
on 16/01/2018, 20:27:44 UTC
Can someone tell me why the price of BTC is Crashing ? Will it go back to 1USD =1BTC ?

Too pessimistic and not feasible. The market could allow huge fluctuations in the bitcoin price even by hundreds of dollars in less than 24 hours but it will not let it crashing to the point you mentioned.

Hundreds ? u mean thousands ?

In fact, i wrote it thousands then removed it and changed it by hundreds since the price volatility is limited generally to hundreds of dollars.
For the moment, It is still unclear where we will land after this loss.