Quote from: ShineftChaos on September 23, 2018, 02:07:43 PM

Quote from: decentralvirtue on September 18, 2018, 09:36:44 AM

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 go down to $200 dollars, maybe ethereum does have the possiblity to drop even more but for bitcoins , it will just increase its price even more in the future.

At every point in time, people will always wish for what they really want probably based on the fact that they missed the past and then want the past to come back to them to be able to buy as low as possible. $200 is an insane price to expect unless there is something wrong with the market and if something that wrong would happen to crash the market that hard, then it will be something hard to recover from, but in the real sense, this is something that is certainly not possible.