Post
Topic
Board Speculation
Re: Can Bitcoin get to drop to $5,000 and below in 2018
by
harizen
on 17/01/2018, 17:10:57 UTC

Kindly comment from the point of:
The power of the government and their regulation
vs
The oneness voice and power of the people (community) to withstand any unlawful regulations and manipulations


With the strong regulations that government will imposed, it's hard to believed that it can be counter only by voice and power of the people. Maybe on a democratic country but not on other forms of government.

Well unless some great number people from different country will give some hand to those then it maybe possible that the outcome might change.

Easily possible.  Every serious crash that bitcoin has had in its history has been at least 75%.  The last one, from ~$1100 down to ~$150 from 2013-2015, was around 86%.  That kind of drop from $20k would put price around $2800.

The situation back then is different from today.

Even how possible it was surely it has low chances to happened.