Bitcoin Forum
July 31, 2024, 06:41:32 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: [1]
1  Bitcoin / Bitcoin Discussion / Re: Bitcoin is a big Bubble ! real price for bitcoin is 2-5 K $ on: December 24, 2017, 08:51:39 PM
Your personal opinion is that bitcoin is worth 2-5K. Others value Bitcoin at $1M. It is all relative and will only be as valuable as the demand makes it. There is no bubble, rather an increase in interest, and a wildfire burning out of control. I believe that the bubble will happen when more than 10% of the general public gets into Bitcoin, and pumps the price to highs of 200 - 500K, then we may see a bubble pop, price reduction to around 75K, and then it will go back up over time. I say its not really a bubble, cuz to me for something to be a bubble means when it pops, there is nothing left. Every-time Bitcoin corrects, it rises 100% or more afterward. Bitcoin is here to stay, and those refusing to believe so are going to kick themselves later.
Pages: [1]
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!