Viewing a response to: @steem.girluk/p3htpc2aw
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| author | arunava |
|---|---|
| permlink | fkyay7sxw |
| category | musing-threads |
| json_metadata | "{"app":"musing/1.1","appTags":["bitcoin","price","bearish"],"appCategory":"bitcoin","appTitle":"Is it possible that bitcoin would worth 1$?","appBody":"<p>That would be a Hard No from me.</p>\n<p><br></p>\n<p>The Price of Bitcoin is kind of dependent on Supply and Demand basis and since the Supply is locked and cannot be changed the demand has already been created. Now you have to consider the fact that Bitcoin went close to 20000 USD per Bitcoin at its All-Time High which is a lot compared to what it is now. Now imagine the price of Bitcoin Dropping to about 1000 USD won't you see it as an opportunity to buy in, I know I will and certainly several other people in the world will too. People have gotten the Idea into their Head that Bitcoin indeed is valuable and if they see a chance to get in they will.</p>\n<p><br></p>\n<p>The rule of the market states that once the Price of something goes up people tend to sell and once the price of a certain commodity goes down people tend to Buy it more which in turn pushes the price up.</p>","appDepth":2,"appParentPermlink":"p3htpc2aw","appParentAuthor":"steem.girluk","musingAppId":"aU2p3C3a8N","musingAppVersion":"1.1","musingPostType":"answer"}" |
| created | 2019-01-18 21:18:30 |
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