Quote from: First77 on June 23, 2018, 12:59:00 AM

Quote from: budiarmed on June 22, 2018, 06:03:41 PM

I do not believe bitcoin falls on the $ 400 price. You are in too much of a hurry to make a conclusion just because the current market is falling and will make bitcoin fall to $ 400. I would rather believe the $ 400 price would not happen on bitcoin.

I think now mining cost of Bitcoin is $5,000. Miners are getting less. Bitcoin does not have any use, it has just become a speculative asset.

I read that shops/stores sell Bitcoin immediately and get cash because of fear of price change. So shops/stores are the biggest sellers of Bitcoin.

I agree with you, but still bitcoin cannot reach a $400 value its just too low to think of. The current market surely is denying bitcoin but that's only because everyone is doing so, however once it regain the support of the traders and investors the price will back up again I know it goes down for over $10k dollars the past 7 months but $400 dollars won't happen at least not for century.