I believe we will see prices below $100 because that's what will be required to shake out many of the large mining entities.
Bitcoin can't survive so centralized, and the massive ROI opportunity created from the transition of GPU to ASIC mining resulted in vastly centralized mining, the price will collapse unto until the disproportionate actors are removed from the picture, even if that means a price of $10 per coin.
When mining is balanced and slightly profitable for the majority again, the price will rebound and the enthusiasm will return. Of course, new coins taking the spotlight is a strong possibility...
Topic: Are we going to see bitcoin below 100 soon? (Read 2626 times)
I really hope not bt its looking more and more likely especially with half of the community suggesting they have left bitcoin and counted their losses.
I think we'll only see prices below $100 again, if we really manage to mess up this trend-reversal. If we can't get it going after two or three double-/triple-bottoms for example. At that point we need to revisit lower levels, for sure.
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Are we going to see bitcoin below 100 soon?
I believe not. Even because the price is already rising. I do not know if reached $ 200, but $ 198 I witnessedhow long?
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Are we going to see bitcoin below 100 soon?
I believe not. Even because the price is already rising. I do not know if reached $ 200, but $ 198 I witnessed
Never give up, Dear Ms.Bitcoin
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Are we going to see bitcoin below 100 soon?
I believe not. Even because the price is already rising. I do not know if reached $ 200, but $ 198 I witnessedIt reached 205.6 about four hours ago and it's getting close to heading back above 200 again.
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Are we going to see bitcoin below 100 soon?
I believe not. Even because the price is already rising. I do not know if reached $ 200, but $ 198 I witnessed
A huge amount of coins changed hands from bearish traders to bullish traders during the big crash. Like, record volume. Furthermore, there is not a whole lot of selling happening on 'Finex, at least not enough to push the price down. It's a marked difference from their push to $172 earlier, most of which got handily absorbed. Seems the only bears left are the ones that didn't get the memo.
So no, I don't believe we will see sub $100 coins. It's a nice thought though.
So no, I don't believe we will see sub $100 coins. It's a nice thought though.
I don't think it will fall below 100, it's at 180-190 right now and it might go below 150 but it will bounce back up.
Neither do I because China has been awake for hours and has not heavily dumped. Today there has been mostly panic buying.
I don't think it will fall below 100, it's at 180-190 right now and it might go below 150 but it will bounce back up.
http://www.washingtonpost.com/blogs/wonkblog/wp/2015/01/14/bitcoin-is-revealed-a-ponzi-scheme-for-redistributing-wealth-from-one-libertarian-to-another/
this will bring Bitcoin lower than now
Wouldn't the drop in price be exactly what the article is warning against? this will bring Bitcoin lower than now
http://www.washingtonpost.com/blogs/wonkblog/wp/2015/01/14/bitcoin-is-revealed-a-ponzi-scheme-for-redistributing-wealth-from-one-libertarian-to-another/
this will bring Bitcoin lower than now
this will bring Bitcoin lower than now
I don't think bitcoin will drop under 100, the bottom was 160 and that's it.
Thanks for your thorough analysis.
Hey! That's Nostradamus with Tourette's and am sure in his head there are reasons for his protestations. That or circular logic is supposed to meaning something. We'll just to wait until he updates his Twitter with what he had for lunch though.
105
I really do hope we see that price but i would recommend you buy now as we dont really know how long this is going to last.
If we see bitcoin hit below 100, it is going to trigger quite the reaction. If you plan on selling though, please message me so I can purchase each and every bit of your coin.
Me too.
Hell yeah... Its coming real soon...I sold all mine.. waiting to rebuy at $85
You must be young, expecting to react fast enough to catch it before it's out of reach again. If there is a rebound, it's likely to be strong.
I am young but I've got my orders set to catch the falling knife and I've made enough off btc to not care if i miss some bits here and there..
Could it be "satoshit" dumping the living shit out of his massive premine. I'm wondering what would happen if btc just crumbles to the ground. Will that be the end of all crypto's?
Why on earth would Satoshi be dumping at 150-200 USD range when he could have at that $1,000+ range?
Could it be "satoshit" dumping the living shit out of his massive premine. I'm wondering what would happen if btc just crumbles to the ground. Will that be the end of all crypto's?
Why on earth would Satoshi be dumping at 150-200 USD range when he could have at that $1,000+ range?
I don't think bitcoin will drop under 100, the bottom was 160 and that's it.
I think it will be below 160 by tomorrow. Can't wait to buy them up!
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