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December 01, 2014, 05:03:15 PM |
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I don't think it's likely for the price to go below 100 USD. The main reason why i think that is because people simply won't sell if the price is too low. Most people will just prefer to hold on to their bitcoin, assuming one day it will go back up.
For bitcoin to go over 1000 USD within a few months is POSSIBLE. Looking at the history of BTC, it wouldn't surprise me at all...
Right now i don't really see why it would do that, though. If there is no major news in the BTC world, or no major company accepting bitcoin as payment, i assume it will stay steady.
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