Quote from: infested on March 04, 2019, 02:19:13 PM

Thats complete nonsense. The cost of mining BTC alone and the investment of big miners is enough to keep the price way above those limits as they themselves would just start buying it just to keep the prices high using their huge amounts of capital earned over the years.

We are probably already hit rock bottom since prices are stable for months and a reversal in market psychology leading to another boom is coming. Just look at the advancements in the sector its almost only positive news every day for over a year now.

Always initial bitcoin miners and big whales are driving the BTC value with some stability. I really do not agree with others whoever feels that bitcoin fall under 1k USD. This is not at all possible then next halving we gonna meet for BTC.
This all these will give benchmark bump in the crypto market especially Bitcoins.

Let us wait and see the updation from the various blockchain and technology. It will be really helpful for us.