3 ms·

BTC will hit ~$400 before it stabilizes and resumes upward progression.

• mcv 13y ago
  That sounds reasonable. I've got some money sitting here waiting for something to invest in. I didn't want to get into bitcoin at $1000, but $400 looks pretty reasonable considering past performance. Still, if China is really getting out of bitcoin, how much does that past performance still eman?
  • bendoernberg 13y ago
    China only got in this fall. The price had stabilized around $100; since then there has been a massive increase in merchant adoption, VC investment, popular awareness and userbase. In my opinion, the past two months has absolutely added value to the Bitcoin network, and so I expect it to remain significantly above $100.
• qq66 13y ago
  What's the reasoning behind that?