Post
Topic
Board Speculation
Re: what will happen
by
South Park
on 02/03/2018, 20:44:41 UTC
I just want to know how much faith do you guys have in bitcoin...

If bitcoin drops bellow $1000, do you think it will still recover someday?

It's a noob thread, that's for sure, but I like how this shows how far we have come in just a matter of, almost two years? It really wasn't all that long ago where people were opening threads asking people what they would do if the price dropped back to the $100 level. Current speculation concerns $1000, and when we're again two years away from this moment, people will ask others what they would do if the price dropped to $10,000 again. Funny thing is that almost everyone has had the chance to buy at $1000 levels, but they considered it too high to buy at, and missed out for that reason. The same will happen with current levels as well, and perhaps even with $100,000 at a later point in the future. Cheesy
In the defense of those that did not bought at 1000 I will say that bitcoin gave them almost no time to adjust, we were close to 1000 at the beginning of the previous year and at the time the ATH was 1200 so people had a reason to think 1000 was too expensive, until it wasn't, and bitcoin pulled a major bull run to the point 10000 dollars now seems low.