Bitcoin could crash below 1000

in #bitcoin7 years ago (edited)

South Korea , India and China

These countries have already restricted or have laws in works to restrict crypto use

Britain, France,Singapore

They have warned investors about loosing money and considering tight regulation

USA

Regulators are testifying to congress and recommending severe restriction to crypto trades

Bankers,Facebook

They have stopped allowing credit card based crypto purchase, FB has stopped ICO ads

Its an assault from all side and for short term, the price could go much below 1000, especially as the global market correct. Fear is in the air

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7/5/13 there was a drop of 56%
1/14/15 a drop of 85%

It's ok to have drops in a volatile market. that's why it is called volatile.

If you believe in the technology, the ethics, and the need for all of this, you'll be ok.

If you think this is a quick get rich scheme, good luck.

Well said my friend! I’m glad we made all of our money in 4Q 2017! Sit back and enjoy the panic. I have already backed out of bitcoin and have began to put it all into Steemit

Wow.... ff back

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If this is a NOT a sign to dump Bitcoin and diverse your investment then I don't know what is....

I agree however, still have room for progress here. As it was just starting few years ago. Banks laughed about it but when it gain peak they all cry hahahaha

That would be great, we can pic up some great deals with BTC and other crypto coins
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