Thread: [Merged] Bitcoin - Part 3
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Old 30th May 2019, 08:17 PM   #52
fromdownunder
Philosopher
 
Join Date: Aug 2006
Posts: 6,721
Originally Posted by Samson View Post
"I'd personally prefer $8,850 cash right over a bitcoin, and since most people would likely make the same choice if given the option, this leads me to believe that bitcoin is overvalued. I see choppy trading with ultimately lower prices."

Yesterday's news. It is now $8,294.50 after peaking at over $9,000 (on the same day). I have had yo-yo's with less maneuverability than this. It could go anywhere up or down. Only The Shadow knows.



Norm



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