Post
Topic
Board Speculation
Re: Bitcoin to 3000$?
by
nidacoinlove
on 03/04/2018, 11:46:58 UTC
Some people are talking that Bitcoin will be 3000$. What is your opinion? When will recover all this falling? Is this the END?

A lot of people figure there is a Bitcoin death cross for Trade analysis. That predicts a price drop this significant, however I think $3,000 is highly unlikely. lowest may be $4500... If it hits less than $3,000 then we may be in trouble for a while.

Yes people just speculate anything if there is a pump in the value of bitcoin then random guys will speculate bitcoin to reach sky high with unrealistic figure and the same guys predicts the end of Bitcoin whenever there is a dump in the value of Bitcoin.
It’s a trend we find here that people normally exaggerate everything here, if it is a pump or a dump no one cares about but the only responsibility they think is to speculate. Bitcoin by nature is unpredictable I think, because it is very hard to find the reasons of Bitcoin price drop. In a price pump there are few significant things involved such as adoption and development of Bitcoin as well as its recognition and legalization. To be very honest I am unable to estimate the lowest price at the moment to which it can drop. Nor do I know about the OP and everyone else here, what calculations they use to predict the price or they are just random guesses. But right now I want the price to go lower so that I can buy more with the amount of fiat I have spared for a long term holding of Bitcoin.