Is Bitcoin going to go back down (to under $3k) or not? Why's it taking so long?
Is Bitcoin going to go back down (to under $3k) or not? Why's it taking so long?
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After every peak before it has gone down over 80 percent. I think it will go below $2,000
>you know the one.jpg
Well if you compare the price to the hashrate of the network you would see that btc should currently be priced at around 2000$.
The network hashrate grows about 10% every month so 3k/BTC hashrate value should be hit in like 5 months.
This means Btc has 5 months time to hit 3k with less chance reaching 3k each day.
We are currently at a price that should exist in 8-9 months assuming minimum value then.
it's coming down, take it easy
It's horribly relevant since I'm waiting to actually get into the market. To buy BTC with USD.
Yeah, it went to 600 after hitting 3k the first time this summer, remember?
Bitcoin has been "crashing" every single day for the past 2 weeks. Haven't you seen the daily threads by the board's idiot?
Calm down cunt, some of us are waiting anxiously to jump in
I member, u member?