Post
Topic
Board Beginners & Help
Re: How low can bitcoins go?
by
vadimg
on 06/08/2011, 18:32:20 UTC
Dude...You won't be buying the coins when the price drops to $0.001. You simply won't have the confidence.
Why wouldn't you? For $1, you could get 1000 of them. For $10, you could get what a month ago was $200,000 worth of bitcoins. If the price recovered, you'd make a ton of money. And if not, you're only out $10.