Topic: Bitcoin crash - page 2. (Read 2186 times)
It's interesting to look at the BTC chart going back 6 months - 1 year. A real hockey stick curve is going on right now. And so many people on reddit saying "I got in at 25" or 35... and buying more. Feels a little like a bubble to me.
There have been bubbles in the past like this, but never at this scale. In addition, this could be reflective of the reward halving and simple supply/demand mechanics. It might go lower again until the reward halves again but this is speculation; I'm basing that on nothing solid.
They kind've just did a few days ago but on a much smaller scale. The price dropped less than 5 BTC in a few hours but soon recovered afterwards to the point where it kept a steady build up as it had previous to the fork in the chain.
First, define significantly.
How likely are bitcoins to drop significantly in value in the near future?
Jump to: