Re: Reason Why BTC will Dump to 2.5K$

If Mining BTC Even with free electricity cannot pay the mining equipment in a year, that will be the doomsday of BTC, 2000$-2500$ is the limit.

Normally I would love to sit here and say there is no possible way the price will dump to $2.5k but apparently that type of stuff could happen at any given time. I mean that is really too low and would really destroy all of the interest we have worked to gain over the years but it would also be possibly the best thing that could happen to bitcoin as well.

Yes, all of our investments would worth a lot less than we initially got in but than we will have chance to get bitcoin for incredibly cheap, if it reaches $2.5k it means when it goes to $25k that is 10 times the profit. There is of course, no guarantee that it will go to $25k but I assume it will happen eventually one day, maybe not today or tomorrow but 5 years from now would you be shocked if the price was $25k ?

And apparently there is no such tool with which we can say what would be the price of bitcoin in coming days. Right now, there is a chaos being made by people because they know bitcoins golden time has just arrived.

what golden time are you talking about ? you mean the current bear trend ? the trend has been running for almost a year ever since we hit the month of january 2019 but look at btc and altcoins , both cryptos are still down . that is only an evidence that no one is buying even if they see that the price is too damn low but thanks to those die hard hodlers , they are only the one that hodling the price so that it cannot go down lower than 2k usd . anyway lets just hope for the better .