Quote from: irixo10 on August 12, 2018, 12:12:36 PM

Quote from: seo-maestro on August 12, 2018, 10:51:01 AM

In my opinion $5000-6000 is the best range to buy Bitcoin because it will never fall below $5000. ETF on Bitcoin will be approved soon and price will moon again because rich institutional investors will buy it and HODL.

Why do you think Bitcoin prices will never fall below 5000$ ? A lot of analysts and experts have noted that in the future, bitcoin prices may fall to 3500-4000% if the crisis continues. I hope that will not happen, because the cost to dig a bitcoin is over 4500$. If it is lower then it will be worse

Which experts are you talking about? The TA guys who never watch news or follow important developments and study charts all day? I like to look at fundamentals instead. One example, depending on your location, it costs around $6.000 to mine a bitcoin. So this is the absolute minimum price in order for miners to stay in profits and if Bitcoin goes below that mark it will bounce back.