Post
Topic
Board Speculation
Re: Bitcoin will plummet to $10 by first half of 2014
by
skivrmt
on 30/12/2013, 15:41:47 UTC

Will the stock market have a correction?  Of course.  5-10% at some point, it always does.  Do I forsee another 2001 or 2008 anytime soon?  No.  Simple based on valuations.  The stock market was overpriced in 2001 and 2008.  It is -getting- overpriced slightly right now, but companies continue to surpass earnings.  I don't think we'll see a "crash" like the site predicts in 2014. 

That being said I still think we'll see a nice steady climb in XBT next year...