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RE: Ivan on Tech debates Richard Heart - Bitcoin Bubble, Ethereum, IOTA, Crypto Bubble, Tether, Satoshi

in #bitcoin7 years ago

Do you believe in your own eyes? Bitcoin has lost more than 60%, this has never been in all this trend since 2015. Now, after 7500, I do not see any significant supports up to 5000.

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bitcoins has "died" many times before. Do you really think something can go up 1000's % and have a correction of only 10%? 20%. We will see 70-75% we will see 6000$ a btc but there's is only so low something can go before buyers take over and the trend is reversed. If you believe in the technology, if you believe in btc or whatever alt coin you own, and as long as there are buyers in the market we will be fine in the long run

What you're saying is that the bull market is over! Exactly...

We will see 70-75% we will see 6000$ a btc but there's is only so low something can go before buyers take over and the trend is reversed.

Probably, but the market will come back to a growing trend not soon. I think the whole 2018 will be bearish.