How low do you think Bitcoin can go ?

Why?Many People like you think its zero, but the reality is another thing and price goes up every year.Wait until it drop to zero.:D

Sooner or later, just a matter of time.
Though, I won't wait, I don't have any bitcoins :)
 
I think it can go low as 3000. But not under unless something drastic happens. I don't see it going as low as 3000, but I don't think it will crack 3000. Pretty strong resistance there.
 
I feel it might actually go back to the hundreds at one point.
No way. Too many multi-billion dollar companies have too much invested in exchanges and various companies to let it drop that low. The volume of the market isn't that much that they can hold the market up way before it gets to 1000. Plus with all the media hype it has gotten over last year and a half people would rush in before it hit hundreds.
 
It won't disappear. That's for sure. Its used by many people to launder illegal money. Until it gets accepted by banks, stores it will have a hard time catching on. Other currencies are backed by a government. This is only backed by an algorithm.
 
It won't disappear. That's for sure. Its used by many people to launder illegal money. Until it gets accepted by banks, stores it will have a hard time catching on. Other currencies are backed by a government. This is only backed by an algorithm.

Criminals stopped using bitcoin to launder money like 5 years ago. It is easy for police to track. They use monero and other untraceable currencies.
 
Back
Top