Topic: Nasdaq.com: Current BTC Price Shouldn't Be A Concern (Read 705 times)
Better Bet'cha bottoms, I will!
Its going back to $100-$150.
Get your orders ready.
Get your orders ready.
It's because they've been through price falls worse than what we've ever seen with BTC.
Funny that leveler heads regarding Bitcoin are prevailing on Nasdaq.com than around here there days...
Quite sensible observation by M. Tillier:
http://www.nasdaq.com/article/bitcoins-bubble-means-that-current-levels-shouldnt-be-a-concern-cm432278
Quote
Those who stand in implacable opposition to Bitcoin seem to want it both ways. “Look,” they say,” Bitcoin has dropped from over $1100 to under $250; it is obviously worthless!” Then, at the same time, they maintain that the jump up to nearly $1200 was evidence of a massive speculative bubble and had no real bearing on the actual value of the virtual currency.
Surely though, if the second contention is true then the first has no validity until we break significantly below pre-bubble levels.
Bitcoin’s value against the U.S. Dollar (BTC/USD) started that crazy two month run up from a level just below $200, as the chart below shows.
Surely though, if the second contention is true then the first has no validity until we break significantly below pre-bubble levels.
Bitcoin’s value against the U.S. Dollar (BTC/USD) started that crazy two month run up from a level just below $200, as the chart below shows.
http://www.nasdaq.com/article/bitcoins-bubble-means-that-current-levels-shouldnt-be-a-concern-cm432278
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