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Author Topic: We are Close To The Bottom:  (Read 782 times)
liuqi
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December 04, 2018, 05:49:42 PM
 #61

Even though bitcoin is getting lower then this will be an opportunity to buy, and there is no need to panic because bitcoin still has hope and will certainly be able to grow in the future.
I am also of that same view because in the current era we are seeing a lot of bigger business running with the payment of Bitcoin and many more are coming. This is a proof that the future of Bitcoin will be very bright and in the future the price of Bitcoin will be very higher.
Bitcoin worth is a 100k USD but current market condition is totally collapsed in crypto platform so we should not expect the positive results in near future. But all the peoples are ready to accept this bleeding market so once it will reach more than 7k USD again are believe this platform.

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wxa7115
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December 04, 2018, 05:49:54 PM
 #62

I have been thinking that we are close to the bottom for a very long time and yet the price of bitcoin keeps going down, for a few days the price did not move much and recovered a few hundred dollars but now the market is going down once again and the price is below 4000 dollars if this is the beginning of another correction it is entirely possible that we could see a price below 3000 dollars and if that happens it is entirely possible that more people are going to panic and are going to make the price a lot lower.

That scenario is so bad that I do not want to even think about it because that will mean that it will take years for the price of bitcoin to recover and that is never an easy thing to face when we have losses that are greater than 70% already.
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