Post
Topic
Board Speculation
Re: $10,000 when?
by
molecular
on 30/12/2014, 10:29:00 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.

Dude, Bitcoin price went from $32 to $2.5 in 2011. That's the same as going from $1200 to $94.

It looked like it was failing to many people back then. Yet it wasn't, it was just a correction. Bitcoin does this and it will probably continue doing so for some time.