Post
Topic
Board Speculation
Re: Bitcoin (BTC) down $200
by
liuqi
on 19/09/2018, 11:31:28 UTC
Although bitcoins is highly volatile we can see that over the last 6 months the trend of bitcoins price is not what investors would like. It seems that bitcoin may in the future become a legitimate currency but with the trend of the price of BTC so far it is more likely to stay that way or dip further yet bitcoin has paved the way for other cryptocurrencies and this could be a major turn point for other applications that cryptocurrencies can offer.

Are you optimistic about the price of bitcoin ?

Do refer the links below

Source: https://cointelegraph.com/news/crypto-markets-drop-sharply-ethereum-loses-weeks-earlier-gains
            https://charts.bitcoin.com/bch/chart/price

Bitcoins will never drop to $200 dollars, the stable price in the market today is $6k dollars and all we have to do is be more patient to wait for the price to reach $20k dollars again before the year ends.
Bitcoin is not a stable cryptocurrency so we never predict the value of next day. But demands are always azvailable in the market so price value will be fluctuating gradually. Now we should analyse where fix the problems and how to resolve the Bitcoin bleeding. I think compared to altcoin It is really good to maintain a constant value so again all the investors are stay here soon and it will reach more than 25k USD in end of the year.