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Topic: 780 broken.. 500 .. maybe even 220-240 again... ? (Read 4280 times)

legendary
Activity: 3276
Merit: 1029
Leading Crypto Sports Betting & Casino Platform
I think there will possibility for the bitcoin to go to the hell price again soon. Remember all of the thing just a speculation. More people were dreaming of buying more bitcoin and keeping them for the profit.
Because there is no one who will tell people - "It is Ok folks, nothing is wrong, price will stabilize, and BTC will grow".
Bitcoin unlike any other asset is extremely susceptible to FUD - and is always speculation. I don't believe in any ultimate crash.
Looks like there are a lot of people always try to spread the kind words about bitcoin. But the FUD is really stronger.
IMO, the Splitting rumor of bitcoin chain was an evidence if bitcoin still susceptible to FUD.  

For some reason, the community behind it is really strong to prevent FUD.

are you people new to bitcoin? and/or trading?
i can see your account was created on 2015-04 so that is not new, maybe you are. because this is not a new thing. platforms sometimes show some buggy information (that would be the first time if it is otherwise though). and this is not the first time something crazy like this has happened.

and as i said in the other topic, the volume is not even bigger than previous days.
Thanks for your clarification.
My bad, because I've never gone to the bitcoin trading since my big loss.

I'm mostly on the altcoin trade. This is something new for me, This my first time.
sr. member
Activity: 291
Merit: 250
Fast forwarding to 2020 by the time of next halving>>>>>>>> Can we see the price below $1200-1000 again? while people are giving $2400-2500 per coin by then.
When I became a member of this forum price was swinging around $300-400 only if I'd bought back then I'd be with $800-900 pure profit per coin.
And once again I'm just staring like a goat at prices and charts without doing anything. however if I wanted to accumulate it wouldn't have made any difference because buy power is low from my side and if I had $1m I would've gone $250k max on Bitcoin why would I lie?
That's still one fourth of everything I'd owned.
If you keep on staring at the price without getting hold of the coin when you can then there is nothing you can do,it is difficult to say that we could see another lower valuation simply because of the volume we have at the moment and with all the prediction says that we could see a price valuation of $2000 pretty soon.
legendary
Activity: 3472
Merit: 10611
You didn't scooped up those nice sub $200-$300 coins few years ago?

We aint going back to those prices anymore Undecided
Unfortunately I was not around to get bitcoin at those prices what a bad luck, and at the moment the price is so high that I sill simply wait  fort the price to get a  little bit lower since I don’t think it is  a good idea to buy bitcoin at the current prices.
I was around when price went to hell in 2015 and at that time we were fed with overwhelming negativity about bitcoin's shape and future.
Most people who claim that if they were around, they would definitely buy any amount of BTC are just bullshiting others and themselves.
It is easy to build your view and perception on already known facts.
Do you visit the gdax exchange and try to see what happen with the bitcoin chart on there. Bitcoin dumped until $0.06 each.
That's really epic dump in this year.
I think there will possibility for the bitcoin to go to the hell price again soon. Remember all of the thing just a speculation. More people were dreaming of buying more bitcoin and keeping them for the profit.

are you people new to bitcoin? and/or trading?
i can see your account was created on 2015-04 so that is not new, maybe you are. because this is not a new thing. platforms sometimes show some buggy information (that would be the first time if it is otherwise though). and this is not the first time something crazy like this has happened.

and as i said in the other topic, the volume is not even bigger than previous days.
legendary
Activity: 1596
Merit: 1005
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I think there will possibility for the bitcoin to go to the hell price again soon. Remember all of the thing just a speculation. More people were dreaming of buying more bitcoin and keeping them for the profit.
As far as I remember this was always a possibility, that is one of the main reasons why bitcoin is so volatile in the first place.
Because there is no one who will tell people - "It is Ok folks, nothing is wrong, price will stabilize, and BTC will grow".
Bitcoin unlike any other asset is extremely susceptible to FUD - and is always speculation. I don't believe in any ultimate crash.
copper member
Activity: 1330
Merit: 899
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Fast forwarding to 2020 by the time of next halving>>>>>>>> Can we see the price below $1200-1000 again? while people are giving $2400-2500 per coin by then.
When I became a member of this forum price was swinging around $300-400 only if I'd bought back then I'd be with $800-900 pure profit per coin.
And once again I'm just staring like a goat at prices and charts without doing anything. however if I wanted to accumulate it wouldn't have made any difference because buy power is low from my side and if I had $1m I would've gone $250k max on Bitcoin why would I lie?

That's still one fourth of everything I'd owned.
legendary
Activity: 3276
Merit: 1029
Leading Crypto Sports Betting & Casino Platform
You didn't scooped up those nice sub $200-$300 coins few years ago?

We aint going back to those prices anymore Undecided
Unfortunately I was not around to get bitcoin at those prices what a bad luck, and at the moment the price is so high that I sill simply wait  fort the price to get a  little bit lower since I don’t think it is  a good idea to buy bitcoin at the current prices.
I was around when price went to hell in 2015 and at that time we were fed with overwhelming negativity about bitcoin's shape and future.
Most people who claim that if they were around, they would definitely buy any amount of BTC are just bullshiting others and themselves.
It is easy to build your view and perception on already known facts.
Do you visit the gdax exchange and try to see what happen with the bitcoin chart on there. Bitcoin dumped until $0.06 each.
That's really epic dump in this year.
I think there will possibility for the bitcoin to go to the hell price again soon. Remember all of the thing just a speculation. More people were dreaming of buying more bitcoin and keeping them for the profit.
legendary
Activity: 1596
Merit: 1005
★Nitrogensports.eu★
You didn't scooped up those nice sub $200-$300 coins few years ago?

We aint going back to those prices anymore Undecided
Unfortunately I was not around to get bitcoin at those prices what a bad luck, and at the moment the price is so high that I sill simply wait  fort the price to get a  little bit lower since I don’t think it is  a good idea to buy bitcoin at the current prices.
I was around when price went to hell in 2015 and at that time we were fed with overwhelming negativity about bitcoin's shape and future.
Most people who claim that if they were around, they would definitely buy any amount of BTC are just bullshiting others and themselves.
It is easy to build your view and perception on already known facts.
sr. member
Activity: 686
Merit: 250
You didn't scooped up those nice sub $200-$300 coins few years ago?

We aint going back to those prices anymore Undecided
Unfortunately I was not around to get bitcoin at those prices what a bad luck, and at the moment the price is so high that I sill simply wait  fort the price to get a  little bit lower since I don’t think it is  a good idea to buy bitcoin at the current prices.
sr. member
Activity: 392
Merit: 250
In this cryptoworld of course everything is possible. But the probability of this price 200$ is very very low. This is very extreme. I dont think we will see this price again.
Give it a week Wink Troll mode off: its still possible tho.  When btc forks or Bitifex goes GOX-like we will see $200 again
sr. member
Activity: 994
Merit: 391
In this cryptoworld of course everything is possible. But the probability of this price 200$ is very very low. This is very extreme. I dont think we will see this price again.
legendary
Activity: 2758
Merit: 1004
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I think bitcoin prices will not fall as low as that in the near future, even I feel that the price of bitcoin would not touch that price again. Well, bitcoin prices below $ 500 look so low, maybe people will think of buying bitcoin in large quantities when prices back below $ 800.
sr. member
Activity: 1078
Merit: 256
220 240 .its not going to happen pal, well going below 4 digits is a dream for bitcoins ,and you are telling about 200$.
the best would be now that if u wanna buy bitcoins , then the price 950 -1000 $ would be the best for buying the bitcoins.

For me its not going to happen as well. 200 is too low for bitcoin now to touch that price. $900-$950 is more realistic and might touch that price once again if there is a lot of negative news about bitcoin like the block size debate or scaling issue. So let us just enjoy the price before it sinks below $1000.
full member
Activity: 266
Merit: 100
220 240 .its not going to happen pal, well going below 4 digits is a dream for bitcoins ,and you are telling about 200$.
the best would be now that if u wanna buy bitcoins , then the price 950 -1000 $ would be the best for buying the bitcoins.
hero member
Activity: 2996
Merit: 609
Not this time and not on this year since bitcoin is already built strong unlike on its earliest years which price crash was easily happened but now it just dip 20% of the price but no tend to go down even more and just stop and rose up again now as i speak we are now on $880 price which is really good recovery on the sudden price decrease.
hero member
Activity: 812
Merit: 500
Now, it is really hard to predict that bitcoin would be come in future at $220 to $240. Well, first of all, no one like that bitcoin come in a low price also including me, i like to see bitcoin in a high price, because it is a chance to make money. But only few people like that bitcoin come back in a low price, because they want to buy a lot of bitcoins. But before one year ago, i mean in 2016 of March i saw bitcoin was under $300, even before this 2016, bitcoin was go in a high price, So its hope and also chances are here that bitcoin might be come at $200 to $300 in future once again.
sr. member
Activity: 336
Merit: 250
We can see $ 800 this week, we can see fake pumps from time to time. And now the price of 825 dollars, they can panic in the market. Not to miss the opportunity to buy.

IMO, it will stay there for a while. May be one or two months, before rising once again. The next time the exchange rate touches $1,000 per coin, it is going to stay. Those who had a target of $1,000 have mostly sold their coins. So we are not going to witness another mass sell-off, if the exchange rate hits $1,000 per coin again.
i hope that the price will rise again back to $1000 but i think this time we will experience of decrease or stable price.
Unless if there is a news new adoption or more adoption are come that can affect the market value..
I think this coming march we will see price increase until may..

africa is becoming interested in bitcoin. places like nigeria where theres actually a wealthy upper class of people are looking to use it more and more. thats a big market that isnt really tapped.
sr. member
Activity: 336
Merit: 250
780 broke for like, 16 hours, but 750 held pretty strong. and then we went back above 800 and havent gone much lower. id say this is the sort of outlier drop that doesnt count as breaking a trend. contrarily though, we have seen a bit of a triple top at the 838 level over the last few days, so either that resistance level is going to hold and well drop lower in to the 650s, or itll break and back to 900 we go. time will tell.
hero member
Activity: 1456
Merit: 624
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We can see $ 800 this week, we can see fake pumps from time to time. And now the price of 825 dollars, they can panic in the market. Not to miss the opportunity to buy.

IMO, it will stay there for a while. May be one or two months, before rising once again. The next time the exchange rate touches $1,000 per coin, it is going to stay. Those who had a target of $1,000 have mostly sold their coins. So we are not going to witness another mass sell-off, if the exchange rate hits $1,000 per coin again.
i hope that the price will rise again back to $1000 but i think this time we will experience of decrease or stable price.
Unless if there is a news new adoption or more adoption are come that can affect the market value..
I think this coming march we will see price increase until may..
hero member
Activity: 644
Merit: 500
if youre prediction bitcoin price down until reach 200 dollar
youre only joke not serious
youre prediction not use analys, only emotional, because bitcoin price is down after reach over 1000 dollar/bitcoin
legendary
Activity: 3766
Merit: 1217
We can see $ 800 this week, we can see fake pumps from time to time. And now the price of 825 dollars, they can panic in the market. Not to miss the opportunity to buy.

IMO, it will stay there for a while. May be one or two months, before rising once again. The next time the exchange rate touches $1,000 per coin, it is going to stay. Those who had a target of $1,000 have mostly sold their coins. So we are not going to witness another mass sell-off, if the exchange rate hits $1,000 per coin again.
legendary
Activity: 2912
Merit: 1068
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I don't beleive that Bitcoin will fall that deep. One price correction and everyone is full of ultra negative predictions, there is no ground for this. Besides the price is now around 800$ which is not that bad and doesn't indicate further big dump. There is no reason for spreading panic on the market and make damage even worse.
legendary
Activity: 1288
Merit: 1000
What bothers me most are not general public somewhat negative stance towards bitcoin - which is understandable because they are uneducated in this matter.
But I can't believe that some old time members of crypto community are so pessimistic and FUD-susceptible.

Last dump was caused by overreaction (like always) and after initial news that Chinese government will try to 'regulate' exchanges there is ZERO indication that stricter restrictions would be put in place.
The dump and downward trend is OVER!
legendary
Activity: 896
Merit: 1000
block size trolls will also show up if segwit is activated and working correctly. after a while these exact trolls will start another round of war against bitcoin as then 2mb is not enough anymore and holding back bitcoin's growth according to them. long story short, whatever happens, trolls will always find something to fud about.

The problem is that if even legit transacations are beginning to be excluded from the blockchain (that's what I expect if SegWit is not activated soon), then trolls could do much more harm - and generate a lot of panic, mostly among new users. A price crash of epic dimensions would be a very probable consequence.

i do some occasional trading, and if there is another epic crash that will bring down the price to levels significantly lower than the one we are sitting at right now, then it doesn't really bother me. but if i look at what damage this inflicts on the image of bitcoin by non bitcoiners and others, then it's of course something i don't want to become reality. but it's something we can't do anything about. especially when you consider how easy it is for trolls to manipulate the way of thinking of these newbies.
hero member
Activity: 798
Merit: 500
★YoBit.Net★ 350+ Coins Exchange & Dice
Price won't drop much lower than $800.
I don't know what kind of drugs you guys are smoking, but there is no way it will drop to $200 until Bitcoin is totally dead.
All this fake news out of China was just some FUD so whales could scoop up coins cheap from weak investors before the next pump.

That is why we should not be drinking coffee too much in the morning while looking at the price chart.  Cheesy

Anyway, I really don't see it dropping below $600, it needs a massive FUD to shake the community and sell their coins to whales. This things actually happens many times already, the hacks, the dramas, the real satoshi issue and so on, but none of it drop the price to a very low, it just get back to the track after bumping and creating a small price dip.
copper member
Activity: 1050
Merit: 500
Price won't drop much lower than $800.
I don't know what kind of drugs you guys are smoking, but there is no way it will drop to $200 until Bitcoin is totally dead.
All this fake news out of China was just some FUD so whales could scoop up coins cheap from weak investors before the next pump.

It did drop lower than $800 but not lower than $700.  Seeing bitcoin at $200 is far from my imagination eventhough I wish it could.  But well reality, there is more supporter now than before.  I guess the current crash is just accumulation stage.

Get some buying ready around $820 it is looking good boys Smiley
A drop then a correction then a rise after being steady for a while
Meanwhile the Chinese central bank recent action had a negative impact on the price for sure

I agree on this.
hero member
Activity: 896
Merit: 500
Price won't drop much lower than $800.
I don't know what kind of drugs you guys are smoking, but there is no way it will drop to $200 until Bitcoin is totally dead.
All this fake news out of China was just some FUD so whales could scoop up coins cheap from weak investors before the next pump.
Absolutely, I totally agree with you. Bitcoin prices will not go down to $ 200, because bitcoin is now different than before. Bitcoin prices were down a few days ago is very reasonable because of the fluctuations and the fact that prices are now up again. Bitcoin prices were down a few days ago only temporary and certainly the price will soon recover. So if someone said that bitcoin price of will drop to $ 200 I think it was less precise.
sr. member
Activity: 434
Merit: 250
Price won't drop much lower than $800.
I don't know what kind of drugs you guys are smoking, but there is no way it will drop to $200 until Bitcoin is totally dead.
All this fake news out of China was just some FUD so whales could scoop up coins cheap from weak investors before the next pump.
newbie
Activity: 26
Merit: 0
In my eyes it cannot go lower than the amount of 500 dollar that is just the limit in my eyes, lower than that is simply not possible anymore.
legendary
Activity: 2142
Merit: 1065
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Get some  buying ready around 220-240.. ?! :S  not looking good boys.

Get some buying ready around $820 it is looking good boys Smiley
A drop then a correction then a rise after being steady for a while
Meanwhile the Chinese central bank recent action had a negative impact on the price for sure
legendary
Activity: 1218
Merit: 1000
bitcoin is not that weak. although bitcoin prices fell in a relatively short time, but, I feel that bitcoin is able to maintain its price at this time. Well, bitcoin prices are down from $ 1,100 to $ 780, but, at this time the condition of bitcoin prices can be said to have become normal. bitcoin price becomes $ 822 today, and I believe, bitcoin prices have stabilized and will continue to go up from this point.
legendary
Activity: 3248
Merit: 1402
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I hope this time we won't have such a situation and btc is going to stabilize soon. There are more people trusting it now. And no big reason to continue selling. So, I believe bitcoin won't drop lower than $500. However, we must remember that even $200 is not a catastrophy. It will just mean we'll need to wait for another 2 or three years and at that time I hope btc will become $1k and finally stabilize there.
hero member
Activity: 1078
Merit: 514
Thanks God bitcoin loos like coming back on it's previous high price level. I expect it will jump around 900$ for some time after rising. I really don't know the reason of last fall. maybe someone could tell the reason and please without guessing, real facts.
hero member
Activity: 1190
Merit: 525
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block size trolls will also show up if segwit is activated and working correctly. after a while these exact trolls will start another round of war against bitcoin as then 2mb is not enough anymore and holding back bitcoin's growth according to them. long story short, whatever happens, trolls will always find something to fud about.

While I agree that this scenario would be possible, I think it would be much more expensive for the trolls to attack a blockchain which is able to manage all "legit" transactions. If we compare the average block size growth (see a chart here: https://blockchain.info/charts/avg-block-size?timespan=2years) then we see that in 2016 there was a growth of aproximately 30%. That means that if this growth continues, with SegWit we will have about 2 years to find a solution.

The problem is that if even legit transacations are beginning to be excluded from the blockchain (that's what I expect if SegWit is not activated soon), then trolls could do much more harm - and generate a lot of panic, mostly among new users. A price crash of epic dimensions would be a very probable consequence.

It could happen, and it's good in one point. The threat makes people improve their defenses, that is what will happen with Bitcoin technology, it's always being improved because there is always a threat against it.

And even this issue takes a bit more time to be fixed, the community and enthusiasts know the potential of Bitcoin and won't give up so easily using Crypto-Currencies.
legendary
Activity: 3906
Merit: 6249
Decentralization Maximalist
block size trolls will also show up if segwit is activated and working correctly. after a while these exact trolls will start another round of war against bitcoin as then 2mb is not enough anymore and holding back bitcoin's growth according to them. long story short, whatever happens, trolls will always find something to fud about.

While I agree that this scenario would be possible, I think it would be much more expensive for the trolls to attack a blockchain which is able to manage all "legit" transactions. If we compare the average block size growth (see a chart here: https://blockchain.info/charts/avg-block-size?timespan=2years) then we see that in 2016 there was a growth of aproximately 30%. That means that if this growth continues, with SegWit we will have about 2 years to find a solution.

The problem is that if even legit transacations are beginning to be excluded from the blockchain (that's what I expect if SegWit is not activated soon), then trolls could do much more harm - and generate a lot of panic, mostly among new users. A price crash of epic dimensions would be a very probable consequence.
legendary
Activity: 1722
Merit: 1000
No 220 dollar is way too low its never gonna hit that number again, I think it will be steady again soon but we indeed just need some patience for it.

I hope so.  IMO keep $200 around just in case Wink.
legendary
Activity: 1722
Merit: 1000
Get some  buying ready around 220-240.. ?! :S  not looking good boys.

I guess you need more proof for this one so we believe in you, because once people believe and start selling their bitcoin or convert into fiat because of the "crash" you stated it might totally cause the bitcoin value crash which everyone doesn't like to happen...

The crash I stared, you flatter me.
legendary
Activity: 896
Merit: 1000
There is definitively a possibility that it could go as low as $200. It's highly improbable, but here we go:

I expect such a deep crash if the blocksize war escalates again, with one or more groups threatening with an "unofficial" hard fork. That would not be a good sign for Bitcoin, as governance of the code is still a unsolved problem. Such a war could have side effects like "trolls" that spam the blockchain and drive fees in astronomical heights, making it very expensive for the actual users. That would be extremely bearish as many people would leave BTC, potentially pathing the way for a "successor" that could even be LTC if it manages well the SegWit transition. Or one of the sidechain/multichain coins like Ardor, Iota, Byteball or Lisk.

But as I said, I consider it improbable, as I consider the Bitcoin users too intelligent than to let it escalate this way. My guess is that the next "bottom" won't be under $400, maybe even around $600-700.

basically every bad scenario is possible to happen theoretically, but we shouldn't be focusing on that. block size trolls will also show up if segwit is activated and working correctly. after a while these exact trolls will start another round of war against bitcoin as then 2mb is not enough anymore and holding back bitcoin's growth according to them. long story short, whatever happens, trolls will always find something to fud about.
member
Activity: 98
Merit: 10
No 220 dollar is way too low its never gonna hit that number again, I think it will be steady again soon but we indeed just need some patience for it.
legendary
Activity: 3906
Merit: 6249
Decentralization Maximalist
There is definitively a possibility that it could go as low as $200. It's highly improbable, but here we go:

I expect such a deep crash if the blocksize war escalates again, with one or more groups threatening with an "unofficial" hard fork. That would not be a good sign for Bitcoin, as governance of the code is still a unsolved problem. Such a war could have side effects like "trolls" that spam the blockchain and drive fees in astronomical heights, making it very expensive for the actual users. That would be extremely bearish as many people would leave BTC, potentially pathing the way for a "successor" that could even be LTC if it manages well the SegWit transition. Or one of the sidechain/multichain coins like Ardor, Iota, Byteball or Lisk.

But as I said, I consider it improbable, as I consider the Bitcoin users too intelligent than to let it escalate this way. My guess is that the next "bottom" won't be under $400, maybe even around $600-700.
hero member
Activity: 798
Merit: 500
★YoBit.Net★ 350+ Coins Exchange & Dice
Panic selling just ended,and bitcoin is back on the right track. Well see more ups on the price of bitcoin this coming days and maybe after 2 months well gonna witness the new ath. This is what i see from now.
Not quite back on track yet, BTC is still at $800 - $805 as I type and this may go down during Saturday and Sunday until early morning of Monday. $700 ish maybe coming in the next coming days as BTC price trend is slowly going down. No positive news out there that may trigger a rally just like what happened a few weeks ago.

I noticed that too, there is a price movement during 2 days or weekend it is either it's going low or high, it's not the same at all weekends, lets just wait what will happen. I too expects that the price will be going down a bit and lets not forget that chinesse NewYear is still coming, I saw price movements too last year when this event enter.
sr. member
Activity: 684
Merit: 250
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This could be the start of another rally going up. Bitcoin holds the 700$ for the new stable bottom. And it starts again to move forward after the drop that was happen last week.
legendary
Activity: 1344
Merit: 1006
Panic selling just ended,and bitcoin is back on the right track. Well see more ups on the price of bitcoin this coming days and maybe after 2 months well gonna witness the new ath. This is what i see from now.
Not quite back on track yet, BTC is still at $800 - $805 as I type and this may go down during Saturday and Sunday until early morning of Monday. $700 ish maybe coming in the next coming days as BTC price trend is slowly going down. No positive news out there that may trigger a rally just like what happened a few weeks ago.
hero member
Activity: 812
Merit: 500
Panic selling just ended,and bitcoin is back on the right track. Well see more ups on the price of bitcoin this coming days and maybe after 2 months well gonna witness the new ath. This is what i see from now.
legendary
Activity: 3528
Merit: 7005
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Get some  buying ready around 220-240.. ?! :S  not looking good boys.
Is this a deja vu? Your talking about the price last year in the month of january.  This will not happen anymore ,im sure of it. Bitcoin is still on high price . But almost a week bitcoin price go down from 1150 to 797. Its kinda scary.
It looks unlikely,  but I'm definitely not sure of it.  Stranger things have happened in bitcoin land, and I think we're lucky right now that we haven't crashed any lower than we have.  But it's certainly possible we could.
legendary
Activity: 1246
Merit: 1000
Anyone interested in a meal of bull, with a side of FUD?If you want, I can give you just the bullish stuff.

Bitcoin will go back to $1000 soon enough. Maybe even before the next halving. Just maybe...

Next halving?? That is a long, long, time away. Generations away in Bitcoin terms.
A rebound has started and we have crossed $800 from $750 levels. $1000 doesn't look too far away.
hero member
Activity: 564
Merit: 508
Get some  buying ready around 220-240.. ?! :S  not looking good boys.

It won't happen.
legendary
Activity: 1232
Merit: 1030
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Anyone interested in a meal of bull, with a side of FUD?If you want, I can give you just the bullish stuff.

Bitcoin will go back to $1000 soon enough. Maybe even before the next halving. Just maybe...
legendary
Activity: 3052
Merit: 1273
Why do you think that the price will slip down to $250 level again?
We saw it because there were more weak hands who used to sell their coins and less users were there with more coins, but this time, coins have been spread to many and all are currently holding, so that level currently seems impossible. $250 needs some real strong whales with some hard courage to sell their coins for such prices.
legendary
Activity: 3122
Merit: 1398
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Yeah it it gets in the $200 range Im pulling all my money out of the Bank to buy Bitcoin.
I doubt it would go that low and if it did you could easily double your money within a year or two.
This is just some panic FUD selloff going on. Buy the dip, HODL and profit.

People said this exact same thing during the 2013 crash.  $200 seemed impossible and everyone was dreaming of buying so low.  The thing is, if/when it actually happens, the market will be on an 80% loss.  Suddenly going all-in on cheap bitcoins doesn't seem as appealing.

Legit, it took me awhile to make a buy at $200.

Ok then just wait again for your target price of sub $200 to happen before going for another purchase of buying. It's legit right? It's your decision after all. Chart analysis won't help if the price will go back to that level.

Remember that "Past Performance Can't Guarantee Future Results".

So sick to see some speculation/s with price history as the main source of basis.
legendary
Activity: 1722
Merit: 1000
Yeah it it gets in the $200 range Im pulling all my money out of the Bank to buy Bitcoin.
I doubt it would go that low and if it did you could easily double your money within a year or two.
This is just some panic FUD selloff going on. Buy the dip, HODL and profit.

People said this exact same thing during the 2013 crash.  $200 seemed impossible and everyone was dreaming of buying so low.  The thing is, if/when it actually happens, the market will be on an 80% loss.  Suddenly going all-in on cheap bitcoins doesn't seem as appealing.

Legit, it took me awhile to make a buy at $200.
newbie
Activity: 38
Merit: 0
Yeah it it gets in the $200 range Im pulling all my money out of the Bank to buy Bitcoin.
I doubt it would go that low and if it did you could easily double your money within a year or two.
This is just some panic FUD selloff going on. Buy the dip, HODL and profit.

People said this exact same thing during the 2013 crash.  $200 seemed impossible and everyone was dreaming of buying so low.  The thing is, if/when it actually happens, the market will be on an 80% loss.  Suddenly going all-in on cheap bitcoins doesn't seem as appealing.
hero member
Activity: 2870
Merit: 574
Vave.com - Crypto Casino
Get some  buying ready around 220-240.. ?! :S  not looking good boys.

I guess you need more proof for this one so we believe in you, because once people believe and start selling their bitcoin or convert into fiat because of the "crash" you stated it might totally cause the bitcoin value crash which everyone doesn't like to happen...

i think maybe there is people that ready to buy in that range of price but i don't think that the price will going to that price because many people don't want to see this price again and they will do anything to stay in up to $700 and i think we are going to make a new stable price soon.
hero member
Activity: 2506
Merit: 645
Eloncoin.org - Mars, here we come!
Get some  buying ready around 220-240.. ?! :S  not looking good boys.

I guess you need more proof for this one so we believe in you, because once people believe and start selling their bitcoin or convert into fiat because of the "crash" you stated it might totally cause the bitcoin value crash which everyone doesn't like to happen...
hero member
Activity: 798
Merit: 506
Get some  buying ready around 220-240.. ?! :S  not looking good boys.

You didn't scooped up those nice sub $200-$300 coins few years ago?

We aint going back to those prices anymore Undecided

I think so, we won't come back that far. $750 is real for now but I doubt it will fall less than $600.
Some big holders just give chance for everyone to buy, they are who all the whole time save it for us.
Their right to sell and our good chance to buy, just like that imo.
legendary
Activity: 2282
Merit: 1041
 $220-240 I think would be too much to speculate, BTC won't be dipping that low because by the time its value will be dragged to $500 and starts to climb a little, everyone who dumped their btc since the price drop to $1018 and up are going to start buying back. They won't even wait for the price to dip below 700, investors will soon start to buy back.
sr. member
Activity: 490
Merit: 250
🤖UBEX.COM 🤖
Get some  buying ready around 220-240.. ?! :S  not looking good boys.

Meh, it's not gonna happen. The maximum down for the bitcoin's price is around $500+ like the normal price before The halving come, but i think it will not happen soon. The price will stay at $600-700 until Chinese New year. Well, we don't know what happen, just ready for the worst.
legendary
Activity: 1148
Merit: 1097
Bounty Mngr & Article Writer https://goo.gl/p4Agsh
I'll just keep making my weekly buys (and making a few small scalps every now an then).  As long as we are above 1000 in a couple years, I'll be very happy.

Cheers brother se have same ideology about bitcoin price. I'm always looking forward for what is the bitcoin price on next year better than checking and monitoring it daily.it is sucks if you we can guarantee that the price next year will be to the moon. Just save your time for others useful things.
hero member
Activity: 1470
Merit: 655
Get some  buying ready around 220-240.. ?! :S  not looking good boys.
I don't think we are going to see those prices again but if we do, I have my cash ready to exchange it for bitcoin, I was not part of the bitcoin world when those prices were real but now that I’m here I will be ready if it happens.

I agree, I don't think too that we would reach $200 levels again. Maybe the lowest is at $600 but never $200. But if it does go back at that point, I would buy the shit out of it and never think twice about it. I believe bitcoins would still matter in the far future and this is just a temporary setback for us and just a preparation for something greater.
+1 if bitcoin come to 200, i would buy 2 to 3 bitcoins eagerly, though, this kind of drop is indeed not happen, even if it is, it would only last for a short time because bitcoin has been going more popular over 2016.
CNY is limiting its financial flow, that's probably why the price of bitcoin drops

2,3 bitcoin at 200 is just 600 USD, if price goes that low i personally am going to buy at least 20 bitcoins because we saw what happened last two times we were at $200
and this is not to mention what i am going to do if price goes to $699 Cheesy

i wish OP had some valid speculation though for that subject he has put here. something more than maybe!
hero member
Activity: 3066
Merit: 536
Leading Crypto Sports Betting & Casino Platform
I read something interesting.




The answer to whether the current bitcoin rally is sustainable may lie in the volume numbers, or the amount of money traded per day across global bitcoin exchanges.

At least one exchange operator reported that the volume picture is different this year than it was during the last market high in late 2013, which saw prices cross the $1,100 mark before tumbling over the months to come.

When reached for comment, representatives from Chinese bitcoin exchange Huobi – which boasts nearly a quarter of the world’s bitcoin trading market share – said that the situation is very different from three years ago.

Exchange reps told CoinDesk:

"In 2013, when the price was 8,000 yuan, the weekly trading volume was 393,000 BTC, with an amplitude of the week up to 103%. The trading volume was very small. Today, bitcoin [prices] broke 8,000 yuan with 735m BTC trading volume, which is expected to double in a week."

The firm added: "Current trading volume is 37x of that in 2013 and bitcoin price fluctuates 15.95%, which is much more stable than the year 2013."


http://www.coindesk.com/bitcoin-freefall-prices-drop-200

I hope it does not fall below $600 because i will have many Losses

not only loses on those bitcoin holders who's still holding even before the price was reaching at its highest point but also i'm a bit worried about how miners can make up to fill their needs of electricity, maintenance, and many more. if bitcoin prices will drop to $200 that might be a disaster for the whole cryptocurrency world but maybe it will pump the price of many altcoins immediately
legendary
Activity: 896
Merit: 1000
it can't drop that low no more, you are forgotting the resistance at those level below 500 that brought us here, it can go lower to $700 and that's it

i still believe it can rise as a fast as it was dumped

Not sure what happened last night when suddenly from $900 it dropped to $850 and then $770. i don't think it has something to do with the usual weak day trading whenever we approach weekend but I'm hoping that somehow this will pick up again next week Starting Monday or Tuesday. Although I see some good news in the Altcoin trading side I see a lot of greens over there but over here its red.

it was because of chinese dumping thinking that their government might size some of their exchange

for some reason certain people never seem to have much confidence in bitcoin. whatever happens, people always think about the negative aspect first. and that while they have zero clue about what's going on. these people put money into something they don't know much about. because if they knew, these panic dumps would be no more. it's just their greed that makes these yolo investors aka gamblers take such stupid decisions. these people can't handle bitcoin. they should stay miles away from whatever type of investment. it's for their own well being.
legendary
Activity: 3164
Merit: 1127
Leading Crypto Sports Betting & Casino Platform
I read something interesting.




The answer to whether the current bitcoin rally is sustainable may lie in the volume numbers, or the amount of money traded per day across global bitcoin exchanges.

At least one exchange operator reported that the volume picture is different this year than it was during the last market high in late 2013, which saw prices cross the $1,100 mark before tumbling over the months to come.

When reached for comment, representatives from Chinese bitcoin exchange Huobi – which boasts nearly a quarter of the world’s bitcoin trading market share – said that the situation is very different from three years ago.

Exchange reps told CoinDesk:

"In 2013, when the price was 8,000 yuan, the weekly trading volume was 393,000 BTC, with an amplitude of the week up to 103%. The trading volume was very small. Today, bitcoin [prices] broke 8,000 yuan with 735m BTC trading volume, which is expected to double in a week."

The firm added: "Current trading volume is 37x of that in 2013 and bitcoin price fluctuates 15.95%, which is much more stable than the year 2013."


http://www.coindesk.com/bitcoin-freefall-prices-drop-200

I hope it does not fall below $600 because i will have many Losses
legendary
Activity: 1582
Merit: 1006
beware of your keys.
Get some  buying ready around 220-240.. ?! :S  not looking good boys.
I don't think we are going to see those prices again but if we do, I have my cash ready to exchange it for bitcoin, I was not part of the bitcoin world when those prices were real but now that I’m here I will be ready if it happens.

I agree, I don't think too that we would reach $200 levels again. Maybe the lowest is at $600 but never $200. But if it does go back at that point, I would buy the shit out of it and never think twice about it. I believe bitcoins would still matter in the far future and this is just a temporary setback for us and just a preparation for something greater.
+1 if bitcoin come to 200, i would buy 2 to 3 bitcoins eagerly, though, this kind of drop is indeed not happen, even if it is, it would only last for a short time because bitcoin has been going more popular over 2016.
CNY is limiting its financial flow, that's probably why the price of bitcoin drops
legendary
Activity: 3248
Merit: 1070
it can't drop that low no more, you are forgotting the resistance at those level below 500 that brought us here, it can go lower to $700 and that's it

i still believe it can rise as a fast as it was dumped

Not sure what happened last night when suddenly from $900 it dropped to $850 and then $770. i don't think it has something to do with the usual weak day trading whenever we approach weekend but I'm hoping that somehow this will pick up again next week Starting Monday or Tuesday. Although I see some good news in the Altcoin trading side I see a lot of greens over there but over here its red.

it was because of chinese dumping thinking that their government might size some of their exchange
sr. member
Activity: 310
Merit: 250
Get some  buying ready around 220-240.. ?! :S  not looking good boys.
I don't think we are going to see those prices again but if we do, I have my cash ready to exchange it for bitcoin, I was not part of the bitcoin world when those prices were real but now that I’m here I will be ready if it happens.

I agree, I don't think too that we would reach $200 levels again. Maybe the lowest is at $600 but never $200. But if it does go back at that point, I would buy the shit out of it and never think twice about it. I believe bitcoins would still matter in the far future and this is just a temporary setback for us and just a preparation for something greater.
legendary
Activity: 1834
Merit: 1036
Not sure what happened last night when suddenly from $900 it dropped to $850 and then $770. i don't think it has something to do with the usual weak day trading whenever we approach weekend but I'm hoping that somehow this will pick up again next week Starting Monday or Tuesday. Although I see some good news in the Altcoin trading side I see a lot of greens over there but over here its red.
sr. member
Activity: 826
Merit: 256
Some buying spree might happen if the price of the bitcoin is crashed down to $240 or below. History may repeat itself but that remain to be seen as bitcoin might stage a rebound in the coming days or week. but if some factors that affect bitcoin's price dip still continue to prevail, it might go down further.
hero member
Activity: 1260
Merit: 524

What OP wants to tell is if the price goes to that range but in my sense if bitcoin goes to that range then i think we have to wait more 4 years to go back to 1000 range so it wont be in good faith if the bitcoin price goes below $700 range as it will really hurt the sentimental value of the new bitcoin users who had faith on bitcion so it wont be good.
legendary
Activity: 3472
Merit: 10611
one can only hope, i would personally love it if we could see another $200 because with all the money that i have gained from the last time price was $200 i would start buying 5 times more bitcoin and then go to the bank take a loan and then buy more bitcoin and even sell my house and buy more bitcoin because in a couple of months i can buy 3 bigger houses with the profit.
sr. member
Activity: 854
Merit: 262
Are bitcoin holders serious when they say they would be happy if btc is at 1000 in a year? I don't see the point in investing money in crypto for it to stay in the same price range for a year. Most are here for bigger increases than that otherwise whats the point. At least 2000 next year or its not worth it.
newbie
Activity: 17
Merit: 0
Get some  buying ready around 220-240.. ?! :S  not looking good boys.

it will never happen under 300$ I'm sure  but it will down at 600$ and that is bottom line Then it will reccover 900$ or 1000$ in 2 months later.
it can hit 1,200$ at the end of this year.
legendary
Activity: 1118
Merit: 1002
Get some  buying ready around 220-240.. ?! :S  not looking good boys.

We are doing some accumulation now.
It doesn't matter where the price heads in the short-term. Our weighted average cost of bitcoins will be low.
When it does rocket, we will profit.

This is the ticket right here
full member
Activity: 142
Merit: 100
200 would be nice, but 500 is the lowest. but when its 500 you should buy a lot!
hero member
Activity: 1092
Merit: 501
Get some  buying ready around 220-240.. ?! :S  not looking good boys.
I don't think we are going to see those prices again but if we do, I have my cash ready to exchange it for bitcoin, I was not part of the bitcoin world when those prices were real but now that I’m here I will be ready if it happens.
legendary
Activity: 1904
Merit: 1002
I'll just keep making my weekly buys (and making a few small scalps every now an then).  As long as we are above 1000 in a couple years, I'll be very happy.
hero member
Activity: 1008
Merit: 510
I could see the price drop to $500 but lower than that just seems too low. I would consider buying more near $500.
legendary
Activity: 2198
Merit: 1032
I don't think so and I hope that bitcoin just stable at 700$ and nothing more.
sr. member
Activity: 574
Merit: 251
no way, 500 would be the lowest I think it can go. Some of you are either overreacting or spamming.
sr. member
Activity: 294
Merit: 250
150$ fail. It doesn't look good. And the thing that scares the most on the net there is no any breaking news about the possible reasons about such big and fast drop!
sr. member
Activity: 337
Merit: 253
Like i said it wont go there and if you think it will i will put a bet on with ya for 0.5 btc, if it hits $220 i will give you 0.5 if not in the next 6 months you give me 0.5, Deal ? Grin

This is not a fair bet because if he is right and it does go to down to $220 you are only risking .5 of that or around $100. But if hes wrong and bitcoin price remains high then he is paying much more. Nice try to sucker bet him into this though Smiley
legendary
Activity: 1554
Merit: 1026
★Nitrogensports.eu★
Get some  buying ready around 220-240.. ?! :S  not looking good boys.

We are doing some accumulation now.
It doesn't matter where the price heads in the short-term. Our weighted average cost of bitcoins will be low.
When it does rocket, we will profit.
legendary
Activity: 1232
Merit: 1091
Nah, it just doesn't make any sense for the price to fall down that deep. Main concern right now is that the price should not fall below the $700 level. I was waiting for a decent sized correction, but this is just going too far from what I find to be fair. It's full panic that is going through the market. Only sad thing is that what we have been building up goes to waste so fast.
sr. member
Activity: 441
Merit: 250
No zuo no die why you try, u zuo u die dont be shy
Not to imagine $200, even a stay @ $500 for longer than 1~2 weeks will kill many miners at today's mining profitability lol.
sr. member
Activity: 434
Merit: 250
Yeah it it gets in the $200 range Im pulling all my money out of the Bank to buy Bitcoin.
I doubt it would go that low and if it did you could easily double your money within a year or two.
This is just some panic FUD selloff going on. Buy the dip, HODL and profit.
hero member
Activity: 1946
Merit: 502
Get some  buying ready around 220-240.. ?! :S  not looking good boys.
Is this a deja vu? Your talking about the price last year in the month of january.  This will not happen anymore ,im sure of it. Bitcoin is still on high price . But almost a week bitcoin price go down from 1150 to 797. Its kinda scary.
hero member
Activity: 910
Merit: 550
im already ready when it hits 220 because im sure it would hit and spike again more than 1200 $ last year. haha it would spike up to 2000$ per bitcoin . ready all your money and get ready to buy a lot of bitcoins and you will never regret it. ive done this on second time so if it would reach 220$ this will be my third time to buy bitcoin in lowprice/
hero member
Activity: 756
Merit: 500
240 per bitcoin coming...I highly doubt it. We will never again see prices in the 200 dollar range, not even 3-400. We may be settling at a new normal for now, makes sense because it went up too fast. There were both winners and losers in this run up, thankfully I did not do any panic buying on this round.
sr. member
Activity: 994
Merit: 391
Ohh you really on the bear side. Technically 780 not yet broken.  But the probability is increasing. I think for the alternative, ethereum will be remarkable. I will trade my bitcoins with ethereum or dogecoin. I don't want to see the price of bitcoin at the level of 500$ but I want to stay at the safe side.
newbie
Activity: 34
Merit: 0
You didn't scooped up those nice sub $200-$300 coins few years ago?

We aint going back to those prices anymore Undecided

I also do not think that we are going to theses prices again, I just think we are staying at this price around the 750 dollar most likely..
legendary
Activity: 1722
Merit: 1000
Like i said it wont go there and if you think it will i will put a bet on with ya for 0.5 btc, if it hits $220 i will give you 0.5 if not in the next 6 months you give me 0.5, Deal ? Grin

I'm not that much on the bear side.
legendary
Activity: 1722
Merit: 1000
You didn't scooped up those nice sub $200-$300 coins few years ago?

We aint going back to those prices anymore Undecided

I did, I plan to get more at that price.. unfortunately lol.
hero member
Activity: 1106
Merit: 521
Like i said it wont go there and if you think it will i will put a bet on with ya for 0.5 btc, if it hits $220 i will give you 0.5 if not in the next 6 months you give me 0.5, Deal ? Grin
legendary
Activity: 3512
Merit: 4557
You didn't scooped up those nice sub $200-$300 coins few years ago?

We aint going back to those prices anymore Undecided
legendary
Activity: 1722
Merit: 1000
Get some  buying ready around 220-240.. ?! :S  not looking good boys.
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