Quote from: Epimetheus on December 20, 2018, 05:33:01 PM

Quote from: Qunetick on November 12, 2017, 12:53:57 PM

Quote from: cryptogeek101 on May 19, 2017, 09:39:39 AM

Bitcoin is moving to $2000 today. What is the impact of this geometrical price movement to the world financial system? Let us discuss.

As of this moment, the bitcoin price is $6280.01. This is bad news for other people because they will think that they will not gain profit anymore. But for me, you are wrong. This time is the good time to buy bitcoin because it becomes more affordable for you to buy. So instead of worrying that bitcoin price is going down, why not take it in a positive way, right?

Price cannot be predicted in case of cryptocurrencies because their price depends on a number of factors.The forces of demand and supply play a major role in determining the price.Then how much investment is done also is a major factor.But in today's date the price of bitcoin is very down which is a bad news for all of its users.But it has the potential to rise and create new records in the coming future.It is the most popular crypto in the market.

I am agree. Bitcoin drop the price in several months because too many negative and fake news and people over reacting on that fake news. People panics bring bitcoin price drop more than 80% from highest price but i do believe the price will recover