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Topic: $350 will be the bottom - page 12. (Read 13183 times)

sr. member
Activity: 406
Merit: 250
January 29, 2016, 02:18:00 PM
#70
the price will not drop that much most probably because people see that bitcoin is actually not failing so they will most probably start buying bitcoin
legendary
Activity: 3248
Merit: 1070
January 29, 2016, 10:40:36 AM
#69
I really think the price will go lower to 300 dollars. You've seen bitmaintech selling their stuff against 'bargain prices'
Which means their pump is over.

it cannot, simply because the diff rised by a lot, since we were at 300, people tend to forget that miners need their reward. and must remain the same

so if there is the halving, the value must increase, if the diff increase(because the value increased before the halving) the value must increase again, etc...

Why? Do you believe that it is impossible that miners lose money?


yes, they will shut down their miners instead, and making the network unsecure, which will lead eventually to the died of bitcoin, which i find more possible than thinking that miners will sit there mining at loss, especially greedy chinese farm that are mining only for profit...
hero member
Activity: 616
Merit: 500
January 29, 2016, 09:45:15 AM
#68
I could see a flash crash to low 300's, possibly upper 200's, once a solution to the block size problem is announced. People will panic sell for sure. I'm waiting for something like this to load up on coins.
I don't know, I think it will be at the bottom at 350$ its very difficult of course because the market is unpredictable. I think we just have to wait and see the price will fall.
zby
legendary
Activity: 1594
Merit: 1001
January 29, 2016, 09:38:44 AM
#67
I really think the price will go lower to 300 dollars. You've seen bitmaintech selling their stuff against 'bargain prices'
Which means their pump is over.

it cannot, simply because the diff rised by a lot, since we were at 300, people tend to forget that miners need their reward. and must remain the same

so if there is the halving, the value must increase, if the diff increase(because the value increased before the halving) the value must increase again, etc...

Why? Do you believe that it is impossible that miners lose money?
hero member
Activity: 698
Merit: 500
Free Speech is the most important thing.
January 29, 2016, 09:00:32 AM
#66
We're retesting 350$ soon, now we tested 370$ and it worked. I hope we test 350$ in February then we get a new bull market. I can't make enough money from bear markets.
sr. member
Activity: 308
Merit: 292
★YoBit.Net★ 350+ Coins Exchange & Dice
January 29, 2016, 08:25:51 AM
#65
I really don't think it will reach 350$, not even saying anything about 300$. It would be absurd.
sr. member
Activity: 280
Merit: 250
January 28, 2016, 12:06:35 PM
#64
I really think the price will go lower to 300 dollars. You've seen bitmaintech selling their stuff against 'bargain prices'
Which means their pump is over.

it cannot, simply because the diff rised by a lot, since we were at 300, people tend to forget that miners need their reward. and must remain the same

so if there is the halving, the value must increase, if the diff increase(because the value increased before the halving) the value must increase again, etc...

I think it the bottom will be $350 not lower as $350.
After the halving the price will be increasing to a high number that's sure.
But one thing for sure the bitcoin will raise again to a likely high number.
sr. member
Activity: 420
Merit: 250
January 28, 2016, 12:05:08 PM
#63
You can not set a limit on the minimum price. It's all unpredictable.
But I think the price will rise instead of fall.

But we can never predict.
legendary
Activity: 3248
Merit: 1070
January 28, 2016, 11:04:13 AM
#62
I really think the price will go lower to 300 dollars. You've seen bitmaintech selling their stuff against 'bargain prices'
Which means their pump is over.

it cannot, simply because the diff rised by a lot, since we were at 300, people tend to forget that miners need their reward. and must remain the same

so if there is the halving, the value must increase, if the diff increase(because the value increased before the halving) the value must increase again, etc...
sr. member
Activity: 432
Merit: 250
January 28, 2016, 08:17:04 AM
#61
I could see a flash crash to low 300's, possibly upper 200's, once a solution to the block size problem is announced. People will panic sell for sure. I'm waiting for something like this to load up on coins.
hero member
Activity: 728
Merit: 500
January 28, 2016, 05:47:52 AM
#60
Good thing that the community thinks highly of bitcoin, that way even if we reached $300 mark surely there will be a lot of buy orders and that will bring the price back up.
legendary
Activity: 3234
Merit: 1214
Vave.com - Crypto Casino
January 28, 2016, 05:45:10 AM
#59
I really think the price will go lower to 300 dollars. You've seen bitmaintech selling their stuff against 'bargain prices'
Which means their pump is over.

Don't ever compare it with such stuff, which is in the unknown state. Bitcoin is progressing with a unique technology which make competitors difficult to get adopt to the tech. The statement is really true at any point bitcoin won't go down the price of 350$
sr. member
Activity: 350
Merit: 250
January 28, 2016, 05:36:58 AM
#58
I really think the price will go lower to 300 dollars. You've seen bitmaintech selling their stuff against 'bargain prices'
Which means their pump is over.
sr. member
Activity: 451
Merit: 250
January 27, 2016, 05:22:44 PM
#57
Drop to 300$? I really doubt it. I can't imagine what should happen that the value would drop so low.

Before running up, it was stable at around ~230, so it wouldn't be a surprise if it drops to 300. The only thing im certain of is that possible drops
this year wont last long. (the longer you build up pressure, the stronger the bang you get, i guess)
legendary
Activity: 1232
Merit: 1091
January 27, 2016, 04:42:03 PM
#56
Drop to 300$? I really doubt it. I can't imagine what should happen that the value would drop so low.

We have seen what panic sellers can do with the price several times before already. If there is some bad hacking news with an exchange as big as bitfinex, then it can get the price even lower than $300.
sr. member
Activity: 308
Merit: 292
★YoBit.Net★ 350+ Coins Exchange & Dice
January 27, 2016, 03:57:04 PM
#55
Drop to 300$? I really doubt it. I can't imagine what should happen that the value would drop so low.
sr. member
Activity: 476
Merit: 250
January 26, 2016, 05:40:43 AM
#54
I am afraid that the bottom is somewhere closer to $300 instead of $350.

The bottom price will be around 300 dollars. From there it will rise again to a high amount.
In my opinion this will happen soon.
We will of course still have the halving first, I think it will hit a high amount and than gets lower by time and higher again.
legendary
Activity: 2170
Merit: 1427
January 26, 2016, 05:21:03 AM
#53
It could be dropping since there's no positive news to push it up and the whales could be waiting for the consensus before they put in more funds to push the market price. The ones who bought it last $360 are one by one doing their sell orders that's why there's a gradual decrease in price.

We have had plenty of positive news in 2015 but the effect on the price was next to nothing. Right now it's purely the block halving that is driving the price. We just have to wait for the Chinese pumpers on OKCoin and Huobi to start the action.
hero member
Activity: 728
Merit: 500
January 26, 2016, 05:02:00 AM
#52
It could be dropping since there's no positive news to push it up and the whales could be waiting for the consensus before they put in more funds to push the market price. The ones who bought it last $360 are one by one doing their sell orders that's why there's a gradual decrease in price.
sr. member
Activity: 434
Merit: 250
Young but I'm not that bold
January 26, 2016, 04:53:44 AM
#51
In my opinion, we can not call $350 as the bottom because if some kind of bad news appears like what happen two weeks ago, a lot of people will sell their coins cheaper and the price will reach lower prices. so I think we can not know the bottom unless the block debate ends
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