Topic: Bitcoin crash - page 2. (Read 2178 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?
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