According to Ars Technica, the price of a bitcoin has dropped from nearly $250 to as low as $105 and now is hovering around $160. People had been speculating about an upcoming crash for while now, but it seems to have happened. What are your thoughts? What do you think about the future of Bitcoin?
That isn't a crash...
It lost over 50% of it's value. It's definitely a crash.
Still considering investing... Is it worth it to get 5-6 Bitcoins?
Cheers!
Bitcoins are gonna go back up pretty soon if you buy 5 bitcoins at 150 dollars then you can sell them at about 350 dollars pretty soon you would make around 1000 dollars. You should buy some then sell when they are around 350-500 dollars but people say they might even go up to 1000 dollars.
No one knows, anyone who says they know how bitcoin is going to go next is lying.
If you buy any bitcoins then you better be perared to lose a sizeable chunk of the money you inested into them.
Would you mind putting that in a guaranteed writing?
Yeah, didn't think so.
I wish...
"No one knows, anyone who says they know how bitcoin is going to go next is lying.
If you buy any bitcoins then you better be perared to lose a sizeable chunk of the money you inested into them."
^ most honest and responsible post I've seen on here about this topic. I hope people listen to you.
Its really not un-common for the price of bitcoins to fluxuate significant amounts
Have you ever watched the stock market things like this happen all the time. this isn't anything to get your panties in a bunch about...