No, it will not be the end buth bitcoin will go down a lot i think. Bitcoin attrackted a lot of investors and i think it is gonna lose a lot of them at least temporarely. How deep bitcoin will fall exactly is something i can not predict buth think we are gonna go down as fast as we went. Bitcoin will live again eventually buth it's gonna take some time. There will always be some people that lost faith. We must not forget that bitcoin gained a lot of investors without crypto expirience when massive value increase came on the news over and over again. When i said R.I.P Bitcoin, i ment bitcoin as we know it now ( the chicken with the golden eggs. The get rich quick formula for new investors). Bitcoin really dying, that is something i dont see happening ever. I still believe crypto is the future and since Bitcoin is the über crypto, it will stay and come back strong some day buth with a stronger base of users and investors
RE: Turning $300,000 into 5 Cents
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Turning $300,000 into 5 Cents
I don't think we will see bitcoin ever go below 6k again honestly. And if you ask me I think right now is just a phase and once it passes (1-3 months) bitcoin price will soar to the skies again.
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I dont know. I hope it can stay above 6k buth at this moment, i wont bet on it. Google is massive and i have no idea how big the impact of this latest news will be. I agree that this is a phase buth how fast it will recover depends on the believe of the investors so as onpredictable as humans can be sometimes, i will not set a timeframe. I know bitcoin will come back buth i dont know when. We just have to wait and see i guess.
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