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Topic: and what do you think about this now? (Bitcoin Will Crash To $10 By Mid-2014 ) - page 2. (Read 3671 times)

legendary
Activity: 2772
Merit: 1028
Duelbits.com
sold everything, will buy at 10.2$ to screw those who are waiting for 10$. Muahahaha suckers  Grin
full member
Activity: 182
Merit: 100
It would be more probable to speculate that oil will drop to $10 a barrel next year. At least there is the potential new arctic oil incoming.

lol.... The cost of Arctic drilling is expected to be well over $100 a barrel.

There you go, that's how probable it is.
hero member
Activity: 658
Merit: 500
Small Red and Bad
Everything can become obsolete in time . Someday people probably won't be using wired internet at all, so all these cable companies will have to move on. Same thing with car  engines - we will have to switch to electric, methane or alcohol because oil is expensive and produces fumes. BTC may crash but only if something better comes out and if that happens we should have enough time to switch.
donator
Activity: 853
Merit: 1000
This is entirely probable based on technical analysis alone, but not that quickly. Maybe in two years
full member
Activity: 168
Merit: 100
Yup, I see it being stable anywhere between $300-500 until there's another bubble.

And as adoption and mainstreaming will make leaps in 2014, I don't think it'll crash too hard. Most definitely not to $10.
legendary
Activity: 3766
Merit: 1217
It would be more probable to speculate that oil will drop to $10 a barrel next year. At least there is the potential new arctic oil incoming.

lol.... The cost of Arctic drilling is expected to be well over $100 a barrel.

Back to the topic, BTC might dip to $300-350 levels, that is the levels before the China boom. I don't see any possibility of it declining further.
legendary
Activity: 4256
Merit: 1313
Here is article where a professor (Williams, a former commodities trading floor senior executive and Federal Reserve bank examiner, teaches finance at Boston University School of Management ) has predicted that Bitcoin price will crash to $10 by mid-2014?

http://www.businessinsider.com/williams-bitcoin-meltdown-10-2013-12?IR=T#ixzz2np1O4HvS

This guy is just upset he doesn't understand it.  ;-)

This has a discussion about the article too:
https://bitcointalksearch.org/topic/i-love-these-guys-we-gotta-re-visit-this-in-2014-they-even-have-graphs-390126

There was a discussion about it, it wasn't this article, but it refers to the same prediction:
https://bitcointalksearch.org/topic/bitcoin-will-plummet-to-10-by-first-half-of-2014-378368
full member
Activity: 182
Merit: 100
It would be more probable to speculate that oil will drop to $10 a barrel next year. At least there is the potential new arctic oil incoming.
full member
Activity: 181
Merit: 100
Better don't say if you don't know!
Here is article where a professor (Williams, a former commodities trading floor senior executive and Federal Reserve bank examiner, teaches finance at Boston University School of Management ) has predicted that Bitcoin price will crash to $10 by mid-2014?

http://www.businessinsider.com/williams-bitcoin-meltdown-10-2013-12?IR=T#ixzz2np1O4HvS
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