Post
Topic
Board Speculation
Re: bitcoin and decreases in 2017 and 2018.
by
hadveach
on 01/10/2018, 14:31:03 UTC
Every year is victorious for bitcoin as long as it gets developed and globally adopted more and more every year, regardless of price.

if the drastic decline occurs again at the end of December 2018, then I think that bitcoin will fall $ 500.

It doesn't work that way. For BTC to drop from $6500 to $500, it would take another 171.42% decrease. The chances of that happening is extremely slim in my opinion.
Bitcoin's victory is a victory for investors, and bitcoin users. I realize that every year bitcoin always increases for the better, but when bitcoin falls drastically from $ 20K and now bitcoin price only $ 6K, I think it's not a victory for some investors.
What do you think? How do you think about investors who buy when $ 20K?

I always believe that bitcoin can fall to hundreds of dollars again.