Post
Topic
Board Speculation
Re: 'Bitcoin will run up to $5,000 by May'
by
South Park
on 26/03/2019, 20:34:15 UTC
This are the kind of topics I love to see even if it might not happen. I see a lot of negative topics created by people about the price of bitcoin and I begin to wonder if this guys are also holders of this crypto or just bunch of FUD news creators or want to create fears in investors heart so that they don't invest in bitcoin anymore. This is the same prediction I made and I think we going to actually see it come to pass.
Half of those people creating  negative news about bitcoin and wishing the price crashes are actually doing so too for personal interest, many of them wishes to hold more that 2 or 3 BTC before the next bull run and since bitcoin is already expensive for them to buy one, they wish they can crash the price of bitcoin so it can give them the chance of making their dreams come through and some of these people actually work for government too that are against the use of cryptocurrency.

snip
That is definitely going to happen but how low do they want the price to go? The price is still below 4000 dollars which means that you are only paying one fifth of the highest price bitcoin ever reached, the price cannot get that much better, so the people trying that strategy should stop their efforts to keep crashing the price and instead should concentrate themselves on accumulating as many coins as it is possible for them because even if it took bitcoin a few years to reach that price again they will still get four times their investment during that time.