Bitcoin Price Will Likely Fall to $1,500: Bloomberg Analyst
“There’s little to prevent fading bitcoin prices from reaching the continuous mean of $1,500...
An article about what the low price of bitcoin will end up being. At this point I have no idea, and won't be surprised by anything. Here's hoping the bottom will come soon....
Read the full story here...
https://www.ccn.com/bitcoin-price-will-likely-fall-to-1500-bloomberg-analyst/
First mistake on listening to a Bloomberg Analyst, but in this case probable correct. This is uncharted territory, yes the charts show 80% drops and recoveries many times before, but not a drop drop 19,400 to 3700. Many people were sucked into the hype, some losing $15,000 is serious.
Yep, makes you want to turn off the computer for 6 months and see what happens....
Bitcoin is around $3700 right now...
In this case, all the weak hands will be gone literally. This will pave the way for the big boys to enter the market.
Yep, bitcoin isn't staying at these levels forever.....
I hope the bottom is $1,000 so I can buy at lest one bitcoin.
If you believe Steemit will be around for awhile, look at how much of that you can buy.....
I'm going to start buying in January.
I was thinking if it went down to $.10 or $.20 I'd buy more.
$1,000 worth at $.10 is 10,000 coins, if it went back to its old high, something like $8, it'd be worth around $80,000.
Better than playing the lotto....
You got a 4.28% upvote from @minnowvotes courtesy of @onthehook8!