Do you have any predictions as to how far down BTC is going? There's the obvious "back to 800" and "we can't get any lower than 8000!" (and even the former is plausible in my opinion) but are there any serious people here with real opinions? Hard mode: justify your position.
Personally I think it's very plausible that we could bleed all the way back to 2k by the end of this year.
Possible we bleed to 2k or under, but I think 6k was the bottom, around 4k or slightly under is the lowest I see it going. The reason is I don't see the price going under the cost of mining a bitcoin. If the price drops below that, it'll probably bounce back relatively fast.
Charles Gomez
>The reason is I don't see the price going under the cost of mining a bitcoin. Why do people keep saying this? It wouldn't be the first time that its happened.
Camden Scott
Look at Syria, dumb fuck. Soldiers kill their own people, nothing new.
Luis Butler
How long did it stay below the cost though?
Caleb Sullivan
Yes because holding off millions of armed citizens would be easy! Look at how we simple it was Vietnam and Afghanista... Ohh wait.
Tyler Harris
Until some were driven to stop mining and difficulty adjusted making it cheaper to mine.
Eli Stewart
I want to rebuy once we hit 4k. If we never go there and jump higher, I'm also OK with that.
Jaxon Torres
Aghanistan / Vietnam is what happens when the underdog has weapons. Auschwitz, holodomor, armenian genocide, angkor wat is what happens when the underdog has no weapons
Jose Rogers
>Auschwitz that's what happens when you let kikes infest society like parasites.
back to pol you thicc autist, you are wasting your parents money
Robert Ramirez
>BTC is going to $1M or I’ll eat my own dick
Eli Robinson
Is this bait? The difficulty adjusts.
Mason Hughes
should really say "WARNING:" as well
Angel Ward
I believe it
Noah Hernandez
>comparing sandniggers to Whites
Nicholas Rivera
Every year the same shit. People overfeel and act like fagets. 6k was the bottom, smart money already in. Not gonna let it under. 7,5k dip maximum, will close above 7,9k because its the ethernal support line. Git gud.
Charles Perry
2 year bear market where it bleeds to 4-5k, then bullrun in 2020/2021 where it goes to 100k
>Two year bear market Possible ≥4k Honestly if we catch two years of bear it's gonna go sub 3k
Camden Foster
>sand monkeys are the same as White men
Fuck off back to Facebook with OP you fucking delusional faggot.
Matthew Murphy
It would take an honest black swan event to push it below 6K. How long we go sideways depends on how long it takes the stock market to plug into crypto assets.