Will bitcoin crash?

[slokor]

Originally Posted by jakobrockz

I'm just saying that everyone that solely purchases bitcoin to immediately spend it... is cut down drastically recently which I believe has made it crash. Everyday ordinary people or large drug dealers that aren't tech savvy and don't know the other markets, or other currencies, are completely on holt right now. And a lot of them lost their coin to that bust as well.

I might just need to put my tin foil hat back on.

The how would you explain that Ether also went down and more drastically?
Your argument doesnt hold up. All cryptocurrencies are being affected right now and it is all speculative activity that is the main factor.

[empirestate]

Fear of uncertainty is what's driving this decline. Warren Buffet said to be the best time to buy... BUY BUY BUY

[aspkin]

You make money on the buy.. buy at the right time and it's hard to lose.

The closer we get the 1st the more the price will fluctuate.. so look for good buying opportunities.

[smartguy]

1980USD! so "I am still right"!

[danshan]

buy soon once it gets close to 8-1, it will be a ghost town

[empirestate]

Originally Posted by slokor

The how would you explain that Ether also went down and more drastically?
Your argument doesnt hold up. All cryptocurrencies are being affected right now and it is all speculative activity that is the main factor.

The reason why Altcoins are being affected is that one way or another, they involve transactions through BTC. The effect is compounded when you are dependent on something, in this case BTC.

[empirestate]

Originally Posted by aspkin

Agreed. I hope it comes down so I can buy cheap BTC.

I bet $1000 -- $1500 the closer we get to Aug 1st

Which version of BTC are you looking to buy?

[rsot]

Exit strategy eh Aspkin