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RE: Does bitcoin have value of $10,000?

in #bitcoin7 years ago

different types of investors react in different ways. those investors who have faith in technology will hodl so will the long term investors. those who want to get rich quick will be in panic and go out, same will happen to those who invested on term or borrowed money. by crash i mean it will take a dip of -300% or so. which also attracts new money, those who missed out previously have been waiting on the sidelines to pour money in on a crash. my guess is that it will not stay down unless a series of bad news surface.

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