03-28-2020, 02:13 AM
(03-28-2020, 02:08 AM)Wail Wrote:Short answer is yes, It will definitely go back up.
It's kind of up in the air right now, due to the Coronavirus and because Bitcoin in general is one of the most volatile currencies if not the most in the world. It will go up shortly after the virus is contained/settles. And it could be even before that, nobody ever knows for sure. But it is a high chance it will go down before it goes up. However people shouldn't panic because it would be temporary, plus I'm hearing bitcoin miners are slowing/being ordered to shut down so supply will mostlikely go up which means value will go up. In the end, invest while you can. Because it will go back up, but not without going down first.
Anyone can feel free to correct me If I'm wrong in any of what I said, or share your own opinions.
uh i agree that it’ll probably go back up but you got the supply demand curve wrong lmaoo. when supply increases price goes down... also, supply won’t increase because miners stop mining
