Post
Topic
Board Speculation
Re: Bitcoin will plummet to $10 by first half of 2014
by
lphelps
on 14/08/2014, 21:52:13 UTC
I understand why Gold and Silver aren't doing shit because they're being held down with paper contracts..

But BitCoin going down and it being pretty much pegged to the US Dollar.. Does it go down because the Dollar went up in value???

I figure if the dollar crashes, then BitCoin will skyrocket because it will take many more Dollars to buy a BitCoin right??

I see you have more and more retailers accepting Bitcoin, so why is it diving?? Central Bankers dumping their stashes of BTC??