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Topic: $200 is on the way - page 3. (Read 5240 times)

hero member
Activity: 2996
Merit: 536
Leading Crypto Sports Betting & Casino Platform
February 03, 2017, 05:42:15 PM
#81
today

LOL
Check January 2014 situation.
You base your dark prophecy only on a fact that after 2013 ATH bubble bitcoin crashed.
Just because we reached +$1000 nowm it doesn't mean BTC will crash so hard again.


You were saying bitcoin is bubble and why the bitcoin won't be decreasing so hard into the deep level? and It's paradoxical.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
February 03, 2017, 05:19:01 PM
#80
Haha no way, if it does then we are all in trouble, no way can it drop that low and if it does it could only happen in the next few months.  I think we will be back up to the $900 mark and stay there for at least Q1.

Indeed! If btc go down to $200, many crypto fan will be dismayed and eventually stop supporting Bitcoin.  Then Bitcoin have to start all over again.  But I think Bitcoin will recover soon.  I am seeing happy whales at this moment Tongue.  Then when their accumulating stage is done, you will see how the price go up again.

The question is does 200$ will be happen for real? I really don't think it will happen because the community won't allow it to be happen instead become more aggresive to patronize to use the purpose of bitcoin in the community and for sure more invertors will come in too.
There is no indication we are headed towards that direction, bitcoin seems solid at the moment and the it keeps increasing slowly in value, the only way for a crash like that to happen is if something big happened like china banning bitcoin or bug in the source code.
sr. member
Activity: 490
Merit: 252
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February 03, 2017, 05:18:52 PM
#79
Considering some of the very large individual trades I have witnessed on bitstamp I have a strong inclination to believe $1100 will be a previous high within months .

This position exist, yes.
What about August - September 2017?
sr. member
Activity: 407
Merit: 250
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February 03, 2017, 04:38:37 PM
#78
I would be very surprised to see the price drop to $200. I could see $500 maybe, but anything is possible at this point. Just see it as a chance to buy more.
That would not make any sense, because the mining difficulty is very high at the moment, and that means there is a much greater cost to produce a single coin.
From the analysis I've seen, most miners would not be able to produce a single Bitcoin at a cost less than seven hundred dollars, so it does not make much sense to expect people to dump the coins in the market at that price. As you said, anything is possible, but I think the only event that could lead to such a price drop would be serious technical problems on the network.
full member
Activity: 198
Merit: 100
February 03, 2017, 04:28:47 PM
#77
Price on any instrument always tests previous highs .

April /9 /2013 previous high before we hit $1100 was £260 ish ,we retested it jan 14 2014 .

November/ 1/ 2015 high of $500 ish was retested july 31 2016

June/ 16/ 2016 high of $778 ish was retested Jan 9 2017

You can verify these facts on bitcoinwisdom open a weekly chart the levels are clear  to see .

At some point $1100 ish will be a previous high that we will retest .

Considering some of the very large individual trades I have witnessed on bitstamp I have a strong inclination to believe $1100 will be a previous high within months .
sr. member
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February 03, 2017, 03:04:46 PM
#76
only on a fact that after 2013 ATH bubble bitcoin crashed


Wow, i'm attracted, that You call the 2017 chart event as The Bubble.
This is a "real value".
I have nothing to add.
hero member
Activity: 812
Merit: 510
February 03, 2017, 03:01:10 PM
#75
I had to check the date on this thread again.
Cause seeing this kind of talk reminds me of back when the last crash happened and that was a disaster.
We would be going backwards and not forward with bitcoin in that aspect.
That would have the Chinese selling off everything and the government there will have what they always wanted to close down those exchanges that they are inspecting into now.
legendary
Activity: 1288
Merit: 1000
February 03, 2017, 02:57:18 PM
#74
today

LOL
Check January 2014 situation.
You can't compare directly past market events and expect it will be the same. You base your dark prophecy only on a fact that after 2013 ATH bubble bitcoin crashed.
Just because we reached +$1000 nowm it doesn't mean BTC will crash so hard again. Reasons of crash after that historic bull run:

- it was caused by MtGox fall - the biggest bitcoin exchange hack ever
- bitcoin adoption at that time was significantly lower that it is now
- margin trading was basic way for Chinese speculators to trade, and we know how leverage trading is influencing trades, every price drop is multiplied

sr. member
Activity: 490
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February 03, 2017, 02:39:24 PM
#73
today

LOL
Check January 2014 situation.
member
Activity: 66
Merit: 10
February 03, 2017, 02:12:21 PM
#72
I think you are delusional or just trying to influence perceptions if you think BTC will drop to 20% of its value.

As Trump does crazier and crazier things to trade/immigration/US-Asia Relations, BTC will only go up! Fear and uncertainty will drive people to gold and btc as a safe bet.

The only way I see BTC dropping so low is if a world power actively protests it.
full member
Activity: 195
Merit: 100
February 03, 2017, 01:21:38 PM
#71
And totally your prediction wrong, now Bitcoin price stable

Ohh, it goes not UP to $2000?


Reaching the two hundred dollar range is a very unlikely scenario because the cost of mining is very high, and miners would be at a loss in such a scenario.

In this mode they will stop the activity, nothing more.

$200 is very low but who knows, probably if it drops that low there is a

Who are 95% of bitcoin traders?
Only Chinese speculants.


I believe those manipulations will find an end as all Chinese exchanges are stopping the provision of leveraged trading, it means they can not trade in more volume for their given capital amount. So, we can expect less fluctuations in upcoming days.

I believe there will be no chances for $200 per bitcoin, we are moving toward $1000 levels again.


What does people with BTC in China, other pure speculation?

So that price is quite strong at this point and it will never see the $200 price levels not even below $700 anymore!

Mister, BTC is so decentralized and independent item, with any stabilization fund or authority.
Do You trust in Chinese people as blind BTC buyers in any strange position?
Yeah yeah yeah
$1024 today
on its way to $2k
sr. member
Activity: 490
Merit: 252
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January 19, 2017, 02:58:01 PM
#70
And totally your prediction wrong, now Bitcoin price stable

Ohh, it goes not UP to $2000?


Reaching the two hundred dollar range is a very unlikely scenario because the cost of mining is very high, and miners would be at a loss in such a scenario.

In this mode they will stop the activity, nothing more.

$200 is very low but who knows, probably if it drops that low there is a

Who are 95% of bitcoin traders?
Only Chinese speculants.


I believe those manipulations will find an end as all Chinese exchanges are stopping the provision of leveraged trading, it means they can not trade in more volume for their given capital amount. So, we can expect less fluctuations in upcoming days.

I believe there will be no chances for $200 per bitcoin, we are moving toward $1000 levels again.


What does people with BTC in China, other pure speculation?

So that price is quite strong at this point and it will never see the $200 price levels not even below $700 anymore!

Mister, BTC is so decentralized and independent item, with any stabilization fund or authority.
Do You trust in Chinese people as blind BTC buyers in any strange position?
hero member
Activity: 1092
Merit: 501
January 19, 2017, 12:20:30 AM
#69
Haha no way, if it does then we are all in trouble, no way can it drop that low and if it does it could only happen in the next few months.  I think we will be back up to the $900 mark and stay there for at least Q1.

Indeed! If btc go down to $200, many crypto fan will be dismayed and eventually stop supporting Bitcoin.  Then Bitcoin have to start all over again.  But I think Bitcoin will recover soon.  I am seeing happy whales at this moment Tongue.  Then when their accumulating stage is done, you will see how the price go up again.

The question is does 200$ will be happen for real? I really don't think it will happen because the community won't allow it to be happen instead become more aggresive to patronize to use the purpose of bitcoin in the community and for sure more invertors will come in too.
I think $200 per bitcoin is not happen this 2017 . yes it possible to happen. But as of now I think 10years from noe it will happen . I hope bitcoin will increase the price at $1500- $2000 per bitcoin. I don't want to decrease the price . look the bitcoin price $800+ - $900+ . and I think many people invest again in bitcoin so the price is continuously pumping. So what are you waiting for ? Buy more bitcoin now!
200 dollar per bitcoin is not going to happen again unless someone finds a huge hole in the code that allows someone to exploit a vulnerability and that is very unlikely.
sr. member
Activity: 588
Merit: 252
January 18, 2017, 11:42:09 PM
#68
Maybe  he meant $2000, even at $700 investors will rush to drag it with joy, the era of BTC below $500 is gone unless something significant happen to the network.
sr. member
Activity: 454
Merit: 250
January 18, 2017, 09:52:02 PM
#67
We ©an $ee the pri©e now, $200 i$ on the way. ©2017
And totally your prediction wrong, now Bitcoin price stable at $800-$900 USD, $200 USD is to low and quite dreaming if you think will happen in short time, even the price down maybe only can reach $500 USD.
Buy more if Bitcoin price go down and keep for long time to take more profit.
Reaching the two hundred dollar range is a very unlikely scenario because the cost of mining is very high, and miners would be at a loss in such a scenario.
Even the five hundred dollar range would be improbable. This would only happen if users start losing their confidence in Bitcoin. I don't see any reasonable reasons for this to happen.
global moderator
Activity: 2324
Merit: 1179
While my guitar gently weeps!!!
January 18, 2017, 09:26:05 PM
#66
I would be very surprised to see the price drop to $200. I could see $500 maybe, but anything is possible at this point. Just see it as a chance to buy more.

That already happened before, so probably it's the same as speculating that $1k+ already happened and people is speculating that it could happen again, and it happened... $200 is very low but who knows, probably if it drops that low there is a conspiracy between the traders/hoarders? I hope I am wrong... But seriously, if it drops to $200, that is like giving everyone a chance to restart and ride the train along with others...  Smiley
legendary
Activity: 2814
Merit: 1112
Leading Crypto Sports Betting & Casino Platform
January 18, 2017, 09:07:50 PM
#65
We ©an $ee the pri©e now, $200 i$ on the way. ©2017
And totally your prediction wrong, now Bitcoin price stable at $800-$900 USD, $200 USD is to low and quite dreaming if you think will happen in short time, even the price down maybe only can reach $500 USD.
Buy more if Bitcoin price go down and keep for long time to take more profit.
hero member
Activity: 1008
Merit: 510
January 18, 2017, 08:12:43 PM
#64
I would be very surprised to see the price drop to $200. I could see $500 maybe, but anything is possible at this point. Just see it as a chance to buy more.
hero member
Activity: 1274
Merit: 513
January 18, 2017, 07:27:39 PM
#63
Haha no way, if it does then we are all in trouble, no way can it drop that low and if it does it could only happen in the next few months.  I think we will be back up to the $900 mark and stay there for at least Q1.

Indeed! If btc go down to $200, many crypto fan will be dismayed and eventually stop supporting Bitcoin.  Then Bitcoin have to start all over again.  But I think Bitcoin will recover soon.  I am seeing happy whales at this moment Tongue.  Then when their accumulating stage is done, you will see how the price go up again.

The question is does 200$ will be happen for real? I really don't think it will happen because the community won't allow it to be happen instead become more aggresive to patronize to use the purpose of bitcoin in the community and for sure more invertors will come in too.
I think $200 per bitcoin is not happen this 2017 . yes it possible to happen. But as of now I think 10years from noe it will happen . I hope bitcoin will increase the price at $1500- $2000 per bitcoin. I don't want to decrease the price . look the bitcoin price $800+ - $900+ . and I think many people invest again in bitcoin so the price is continuously pumping. So what are you waiting for ? Buy more bitcoin now!
sr. member
Activity: 812
Merit: 251
January 18, 2017, 06:52:07 PM
#62
I believe it could fall below the $500 mark but I have strong doubts if it could get to $200. Most investors are ready to tap the opportunity to trade and so if for instance it drops to $450 and they start buying it will start going up again and looking at even if he cost of mining hardware I doubt if the price could fall so cheap and the corresponding mining hardwares expensive.
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