Post
Topic
Board Trading Discussion
Re: My speculation regarding Bitcoin will hit...
by
stompix
on 13/10/2020, 12:27:56 UTC
I believed the value you speculated was $18,000 not $1,800
It probably was a typo, we are closer to $18k than to $1800!

and the rest...
He clearly said bottom, he expects, for some reason or another a drop, but looking at OP's profile I think he's not trolling, he's actually serious, unfortunately.

$1800 from the technical aspect is almost impossible at this point.

The only thing that could make Bitcoin drop so low would be a major code flaw or something. Maybe if at least 3 top exchanges were hacked and drained in 1 month, but it's also not possible since the big ones have cold walets. You cann take only a small part of their total coins even if you manage to hack them.

Highly unlikely yes, impossible? I wouldn't use that word.
For example, is not impossible for Trump to be elected president, nor is it for him to think Bitcoin is bad and it's in the hand of the Chinese, nor is it impossible for him to try and ban it.
Do you imagine the onslaught of the news, even if from words to actual law it's a long and in this case, hmm, highly unlikely path?

You probably at least want to state your reasoning on why you think bitcoin will drop that low if you want this thread to have a constructive discussion.
No reasoning - usually means trolling.

Give the guy some credit, he has discovered some herbs that cure covid in his laboratory.