$300 or $800 next? - page 5. | Bitcointalksearch.org

Torque

legendary

Activity: 3766

Merit: 5380

Quote from: BitEscrow on March 26, 2014, 08:53:33 PM

If you listen to the bullshit coming from this site you could assume that bitcoin is going to 1,000,000 a coin. I hope it goes to 1c to show you how your own ignorance CAN kill something good.

Without optimism, there would not be more adopters of bitcoin, but less. And without more adopters of bitcoin, the price would not rise.

Would you rather pessimism and negativity be the pervasive attitude of bitcoiners?

dropt

legendary

Activity: 1512

Merit: 1000

Quote from: BitEscrow on March 26, 2014, 08:53:33 PM

If you listen to the bullshit coming from this site you could assume that bitcoin is going to 1,000,000 a coin. I hope it goes to 1c to show you how your own ignorance CAN kill something good.

How exactly do you correlate ignorance and BTC being $0.01?

BitEscrow

newbie

Activity: 42

Merit: 0

If you listen to the bullshit coming from this site you could assume that bitcoin is going to 1,000,000 a coin. I hope it goes to 1c to show you how your own ignorance CAN kill something good.

Bit_Happy

legendary

Activity: 2114

Merit: 1040

A Great Time to Start Something!

Quote from: EvilPanda on March 23, 2014, 08:51:39 AM

$800!

There's really no o chance for 300 now, unless there's a big failure like a blockchain bug, that takes weeks to repair or a big exchange running with custommer's money. Price below 500 seems really cheap to most people and there's a ton of orders set up between 400 and 500. If it ever falls below that we can as well have $100BTC, because it wouldn't have anything to do with a correction. It would be a major system failure and make people just take their fiat and run as far as possible (which is unlikely with so much invested in hardware).

There is a very real chance for $300, but probably under 10%
~90% chance we see $800 next.

bgmc

full member

Activity: 145

Merit: 100

$300 is too low, but it may hit close to $400. There are a lot of buy orders around $400, so I doubt it'll break below this level. If it does ... well that sucks.

Dangolbery

newbie

Activity: 49

Merit: 0

Quote from: Bit_Happy on March 25, 2014, 07:19:47 PM

Quote from: Dangolbery on March 25, 2014, 07:15:12 PM

Pfft $300 will never happen.

The bottom is $570, despair bottom is no lower than $380 (short lived price). Buy anywhere below $570 to be in the money. Set some buys at $400ish if you want to try and hit the bottom.

No i'm not going to tell you how i came up with these numbers but it's science.

Deal with it bears.

How can the the bottom be $570 when we were below $570 just a day or so ago?

FUD, despair, gox.

All temporary.

Hence the despair bottom price.

Bit_Happy

legendary

Activity: 2114

Merit: 1040

A Great Time to Start Something!

Quote from: Dangolbery on March 25, 2014, 07:15:12 PM

Pfft $300 will never happen.

The bottom is $570, despair bottom is no lower than $380 (short lived price). Buy anywhere below $570 to be in the money. Set some buys at $400ish if you want to try and hit the bottom.

No i'm not going to tell you how i came up with these numbers but it's science.

Deal with it bears.

How can the the bottom be $570 when we were below $570 just a day or so ago?

Dangolbery

newbie

Activity: 49

Merit: 0

Pfft $300 will never happen.

The bottom is $570, despair bottom is no lower than $380 (short lived price). Buy anywhere below $570 to be in the money. Set some buys at $400ish if you want to try and hit the bottom.

No i'm not going to tell you how i came up with these numbers but it's science.

Deal with it bears.

Bit_Happy

legendary

Activity: 2114

Merit: 1040

A Great Time to Start Something!

Short-term neither.
Longer-term probably $800, since there are too many positives to go under $400.

avanda1121

full member

Activity: 124

Merit: 100

Vote for 800

maurya78

hero member

Activity: 490

Merit: 500

$800 likelier

Mayuyu48

hero member

Activity: 644

Merit: 500

i think we'll see $800 in near future, maybe in july/august
Grin

counter

hero member

Activity: 798

Merit: 500

Time is on our side, yes it is!

good question I say. I"m thinking 800 but I don't know what to expect these days things are getting crazy. but people don't seem to panic as much as they used to but that could also change... we shall see soon enough

boumalo

legendary

Activity: 1918

Merit: 1018

Quote from: EvilPanda on March 23, 2014, 10:04:03 AM

Quote from: boumalo on March 23, 2014, 09:29:53 AM

Quote from: EvilPanda on March 23, 2014, 08:51:39 AM

$800!

There's really no o chance for 300 now, unless there's a big failure like a blockchain bug, that takes weeks to repair or a big exchange running with custommer's money. Price below 500 seems really cheap to most people and there's a ton of orders set up between 400 and 500. If it ever falls below that we can as well have $100BTC, because it wouldn't have anything to do with a correction. It would be a major system failure and make people just take their fiat and run as far as possible (which is unlikely with so much invested in hardware).

I don't think that a blockchain error that would last one week or a sigle exchange that run with the custommer's money would take the price to 300$; how much did the price fell when blockchain was down for 48h? 8%? And the biggest bitcoin exchange shuted down without reimbursing anyone didn't move the price that low

Someone working the minimum wage in the states can save up to 1BTC/month; let's see how much he will be able to save in 5years..

Yup, but the Gox shutdown moved price by ~$200, even though people knew Gox smelled fishy for months. Imagine this happening now with e.g. BTC-e, while the price is ~$600. And the blockchain bug was quickly repaired, I'm talking about something big like a virus within the block chain taking it down for a few weeks.

If the problem is a problem with blockchain.info it is very different than if it is a problem with Bitcoin

200$ was 25% or so from 800$ but the price droped from higher may have been caused by mtgox as well
25% now is a 150$ drop from 600$

Exchanges not being trustworthy is priced in so you would think it would less than a 25% drop if btc-e went south

zimmah

legendary

Activity: 1106

Merit: 1005

Quote from: akujin on March 22, 2014, 03:58:28 PM

I want to get cheap coins first so.... 300 Grin

what you want to happen is not the same as what you think will happen

EvilPanda

hero member

Activity: 658

Merit: 500

Small Red and Bad

Quote from: boumalo on March 23, 2014, 09:29:53 AM

Quote from: EvilPanda on March 23, 2014, 08:51:39 AM

$800!

There's really no o chance for 300 now, unless there's a big failure like a blockchain bug, that takes weeks to repair or a big exchange running with custommer's money. Price below 500 seems really cheap to most people and there's a ton of orders set up between 400 and 500. If it ever falls below that we can as well have $100BTC, because it wouldn't have anything to do with a correction. It would be a major system failure and make people just take their fiat and run as far as possible (which is unlikely with so much invested in hardware).

I don't think that a blockchain error that would last one week or a sigle exchange that run with the custommer's money would take the price to 300$; how much did the price fell when blockchain was down for 48h? 8%? And the biggest bitcoin exchange shuted down without reimbursing anyone didn't move the price that low

Someone working the minimum wage in the states can save up to 1BTC/month; let's see how much he will be able to save in 5years..

Yup, but the Gox shutdown moved price by ~$200, even though people knew Gox smelled fishy for months. Imagine this happening now with e.g. BTC-e, while the price is ~$600. And the blockchain bug was quickly repaired, I'm talking about something big like a virus within the block chain taking it down for a few weeks.

segeln

hero member

Activity: 602

Merit: 500

Quote from: EvilPanda on March 23, 2014, 08:51:39 AM

$800!

There's really no o chance for 300 now, unless there's a big failure like a blockchain bug, that takes weeks to repair or a big exchange running with custommer's money. Price below 500 seems really cheap to most people and there's a ton of orders set up between 400 and 500. If it ever falls below that we can as well have $100BTC, because it wouldn't have anything to do with a correction. It would be a major system failure and make people just take their fiat and run as far as possible (which is unlikely with so much invested in hardware).

+1

boumalo

legendary

Activity: 1918

Merit: 1018

Quote from: EvilPanda on March 23, 2014, 08:51:39 AM

$800!

There's really no o chance for 300 now, unless there's a big failure like a blockchain bug, that takes weeks to repair or a big exchange running with custommer's money. Price below 500 seems really cheap to most people and there's a ton of orders set up between 400 and 500. If it ever falls below that we can as well have $100BTC, because it wouldn't have anything to do with a correction. It would be a major system failure and make people just take their fiat and run as far as possible (which is unlikely with so much invested in hardware).

I don't think that a blockchain error that would last one week or a sigle exchange that run with the custommer's money would take the price to 300$; how much did the price fell when blockchain was down for 48h? 8%? And the biggest bitcoin exchange shuted down without reimbursing anyone didn't move the price that low

Someone working the minimum wage in the states can save up to 1BTC/month; let's see how much he will be able to save in 5years..

EvilPanda

hero member

Activity: 658

Merit: 500

Small Red and Bad

$800!

There's really no o chance for 300 now, unless there's a big failure like a blockchain bug, that takes weeks to repair or a big exchange running with custommer's money. Price below 500 seems really cheap to most people and there's a ton of orders set up between 400 and 500. If it ever falls below that we can as well have $100BTC, because it wouldn't have anything to do with a correction. It would be a major system failure and make people just take their fiat and run as far as possible (which is unlikely with so much invested in hardware).

teukon

legendary

Activity: 1246

Merit: 1011

It seems strange to consider +250 USD/BTC and -250 USD/BTC like this. Would it not be more natural to ask whether the rate will halve (275) of double (1100) from here?

We're certainly in a bear market, but still voted 800 because it seems that much closer.

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