Post
Topic
Board Speculation
Re: $10,000 when?
by
picolo
on 29/12/2014, 18:53:37 UTC
Unfortunately 10,000 will never happen.  It had high hopes to begin with but it looks like it is finally going to crash:(

It loses some value during one year and you don't believe anymore. Please sell your coins to someone with a bit more belief.

It lost quite a bit of value in one year actually.  It went from 1200 to 300 in 1 year.  It has consistently gone down this year too, with a few spikes here and there, but the trend has been downward since January.  Of course I don't want it to fail, but if it looks like it is, I am going to say, it looks like it is failing.

On January 1st 2014 the price was about 800$ not 1200$

Going from 800$ to 320$ doesn't mean it's failing! 3600 new bitcoins are created everyday and the price we had a year ago was apparently not sustainable