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Will bitcoins ever stabalize over 1k? - Printable Version

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Will bitcoins ever stabalize over 1k? - Mack - 01-27-2017

I've been dealing with bitcoins now for a while, but it's been a bitter-sweet relationship,
always waking up with the price almost doubling right after sale :/

But all in all I think I walked away from my biggest sales with a lot of profit, selling my last batch of 10 around 800$. I would love to see it go down a lot, giving other competing currencies to come out and shine for a while.

What do you guys think?


RE: Will bitcoins ever stabalize over 1k? - UnicornMeth666 - 11-05-2017

Given the current price of about 7.5k, i still think it will drop soon (give it until the end of 2017). My prediction is that it will drop below 2k again by christmas or so, and that this will turn out to be a bad long-term investment for people who are just jumping in.