Bitcoin price dropping by over 5.8% to $ 1'739.56

in bitcoin •  8 years ago  (edited)

Bitcoin is weakening after reaching new record levels over and over again in recent days.
Are we now going to see a major consolidation in the price of Bitcoin or is it only a small dip before the price is taking off to new record levels?

What do you think? Is now the time to invest in order to accumulate Bitcoins on a discount or is it time to lean back and wait for even lower prices?

Let me know in the comments below. Thanks in advance.

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  
  ·  8 years ago (edited)

I think we have to Wait or even to short bitcoin because the cyber attacks today in Britain in my opinion will be used to criminalize the use of bitcoin they need to eliminate this thread for the fiat currency's until they will install their own crypto currency maybe I am wrong we will see new week what happens

Certainly the crypto currencies are causing a big threat to the still more established fiat currencies.
I was not aware regarding these cyber attacks. Any more info or sources on that?

It´s just that the hackers want to be paid in Bitcoin and for this fact that it´s impossible to follow the money I think they will find a possibility to take down Bitcoin