Silk Road forums
Discussion => Newbie discussion => Topic started by: aussiebuyer12 on March 27, 2013, 11:19 pm
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Why do bitcoins rise in value so fast? and can or will they crash ? if so by how much and why?
and also how do u convert ur bitcoins into real life money?
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Financial crisis in europe plus more mainstream attention. As long as SR grows btc will probably grow in value, might dip in the short term though.
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I think the rise is due to more people learning about it, more news coverage, and the situation in Cyprus. Can they fall? Certainly, but when they will I'm not sure. It's all speculation to go up or down so I don't know. I still think there's some type of scheme going on with the early adopters cashing out big time which is why I'm not dumping any money in, just 1 or 2 coins.