Is Bitcoin coming back to USD 8500

Pakistan
December 24, 2017 11:34am CST
Bitcoin almost touched to 19,500 USD....now its almost touching to US $ 15,500.....what my opinion is that bit coin will hit back low to almost US $ 10,000 and at that point it will halt for some time. I am curious what will be the ending story of bitcoin. How come cryptocurrency fluctuates so fast .....why US $ never touched to 10,000??????????
7 people like this
5 responses
@TheHorse (218801)
• Walnut Creek, California
24 Dec 17
I don't understand how Bitcoin works. I won't go near it. The last thing I need in my portfolio is risky investments.
3 people like this
• Pakistan
24 Dec 17
crypto currency works with the help of supply and demand. and moreover every one know that crypto currency limited .......thats why now a days price sky rocked to more than $ 18,500 .
2 people like this
• Pakistan
24 Dec 17
i believe Bitcoin was one of the first cryptocurrecy and digital currency was created in 2009 .
1 person likes this
• Pakistan
24 Dec 17
and bit coin works to solve mathematical algorithms
@Shivram59 (35468)
• India
25 Dec 17
@fwaheedq I have yet to understand clearly what exactly bit coins is.
1 person likes this
• Pakistan
26 Dec 17
bitcoin is a name of one of the digital currency like dollar, pound,yen .....now there are more than 100's of the digital currencies in the market ......so one of the digital currency name is bitcoin
1 person likes this
@Shivram59 (35468)
• India
27 Dec 17
@fwaheedq Thanks.I'm trying to understand it properly.
@sjvg1976 (41281)
• Delhi, India
24 Dec 17
Many people asked me to buy bitcoin but t never bought because I don't believe on crpto curremcy I am not what Will be the future of it.
1 person likes this
• Pakistan
24 Dec 17
its risky but on the other end its an investment. brave steps are required to dig into it.
1 person likes this
@yukimori (10145)
• United States
24 Dec 17
It's at about $13,800 right now, but it dipped below $12,000 a few days ago. It's worth whatever people are willing to buy it for. United States dollars are worth their face value for the most part, with the exception of some things like the (actual) gold dollars that are worth the value of the gold in them or rare coins like Mercury dimes.
1 person likes this
• Pakistan
24 Dec 17
i might have feelings that Bitcoin will go down and touch to $ 8,500.....bitcoin corrected its currency
• Bekasi, Indonesia
30 Dec 18
I Just Want To Say Happy New Year, Have a nice day