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 2658 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!
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.
Enjoy the low rate, buy what you can lose / are willing to gamble, there are plenty of companies that have millions backing them based on Bitcoin and have an interest in it succeeding. This is just a dump of Bitcoin and panic of people who do not understand stock market trading etc.
Things will turn around, just buy in amounts that are good for you, spread out throughout the day / days. People always say how sorry they are that they didn't buy Bitcoin when they first heard of it, now is you chance to get cheap Bitcoin, take it. Don't come up with a "I wish I had" when the rate stabilizes.
Things will turn around, just buy in amounts that are good for you, spread out throughout the day / days. People always say how sorry they are that they didn't buy Bitcoin when they first heard of it, now is you chance to get cheap Bitcoin, take it. Don't come up with a "I wish I had" when the rate stabilizes.
Everyone remember that Microsoft is now accepting BTC?
Enjoy the low rate, buy what you can lose / are willing to gamble, there are plenty of companies that have millions backing them based on Bitcoin and have an interest in it succeeding. This is just a dump of Bitcoin and panic of people who do not understand stock market trading etc.
Things will turn around, just buy in amounts that are good for you, spread out throughout the day / days. People always say how sorry they are that they didn't buy Bitcoin when they first heard of it, now is you chance to get cheap Bitcoin, take it. Don't come up with a "I wish I had" when the rate stabilizes.
Wise words +1 Things will turn around, just buy in amounts that are good for you, spread out throughout the day / days. People always say how sorry they are that they didn't buy Bitcoin when they first heard of it, now is you chance to get cheap Bitcoin, take it. Don't come up with a "I wish I had" when the rate stabilizes.
Hell yeah... Its coming real soon...I sold all mine.. waiting to rebuy at $85
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Are we going to see bitcoin below 100 soon?
We might, we might not. But the whole ecosystem around it is definitely growing.
Enjoy the low rate, buy what you can lose / are willing to gamble, there are plenty of companies that have millions backing them based on Bitcoin and have an interest in it succeeding. This is just a dump of Bitcoin and panic of people who do not understand stock market trading etc.
Things will turn around, just buy in amounts that are good for you, spread out throughout the day / days. People always say how sorry they are that they didn't buy Bitcoin when they first heard of it, now is you chance to get cheap Bitcoin, take it. Don't come up with a "I wish I had" when the rate stabilizes.
Things will turn around, just buy in amounts that are good for you, spread out throughout the day / days. People always say how sorry they are that they didn't buy Bitcoin when they first heard of it, now is you chance to get cheap Bitcoin, take it. Don't come up with a "I wish I had" when the rate stabilizes.
Under 100 definitely possible in fact i'd say its likely given no bounce at even <200
soon we will see 100
but not very soon
i already said that it will be 50 USD until the of the month
the price will fall more tomorrow or after tomorrow after Bitfinex and Coinbase will start selling a lot of Bitcoin. it will be fun.
I don't think bitcoin will drop under 100, the bottom was 160 and that's it.
Thanks for your thorough analysis.
Under 100 definitely possible in fact i'd say its likely given no bounce at even <200
soon we will see 100
but not very soon
Under 100 definitely possible in fact i'd say its likely given no bounce at even <200
I don't think bitcoin will drop under 100, the bottom was 160 and that's it.
Well, the price took a dive below 160.
BitStamp day's range: $152.40 - $230.89.
I was watching BitStamp this morning and seen the price going from ~190 to below 160 within few minutes, then it bounced back to over 180.
I've got a strong feeling it's something more than panic selling and miners dumping.
Could it be "satoshit" dumping the living shit out of his massive premine. I'm wondering what would happen if btc just crumbles to the ground. Will that be the end of all crypto's?
It is not Satoshi. It is BFL. And the dumping is taking place due to a court order to refund people's money...
http://www.reddit.com/r/Bitcoin/comments/2sdwf8/butterfly_labs_is_the_culprit/
The Court would not Order them to sell all BTC at an increased loss for the creditors.
The responsible thing to do would be to sell as lots, like what the United States Federal Government did with Silk Road coins.
The Court doesn't want to recoup a penny on the dollar for the creditors.
I don't think bitcoin will drop under 100, the bottom was 160 and that's it.
It can happen bro. Maybe bitcoin decrease under 100$ or less.
But we hope bitcoin can up again as last year
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All the noobs weighing in.
it won't regain (at least this year)
another 80,000 BTC seized will be sold next month so the market will be flooded. There are no buyers, no demand...
the price will hit 10 usd very soon.
miners are living the boat. the BIG exchangers are cashing out. the fools will remain with the "Bitcoin"
another 80,000 BTC seized will be sold next month so the market will be flooded. There are no buyers, no demand...
the price will hit 10 usd very soon.
miners are living the boat. the BIG exchangers are cashing out. the fools will remain with the "Bitcoin"
I don't think bitcoin will drop under 100, the bottom was 160 and that's it.
It can happen bro. Maybe bitcoin decrease under 100$ or less.
But we hope bitcoin can up again as last year
The fundamentals are the same as ever. I'm mostly outside of BTC in Bitcoin2.0 interests atm but I still value it.
What's caused this drop? Merchants doing what they should at this point; PoW causing minor stress; taxes due; ponzis; small hacks?
All seems a little over done.. noob panic perhaps?? I remember when watching BTC price was fun.
What's caused this drop? Merchants doing what they should at this point; PoW causing minor stress; taxes due; ponzis; small hacks?
All seems a little over done.. noob panic perhaps?? I remember when watching BTC price was fun.
So exactly why would this be an issue?
Do you want to buy your coins rather at $10 000 than $100? This is much better for entry users.
Do you want to buy your coins rather at $10 000 than $100? This is much better for entry users.
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?
About 30% of Bitcoins haven't moved in over two years, and are assumed to have been lost in the early days of Bitcoin. If anything moved from those addresses, it would be noticed.
I don't think bitcoin will drop under 100, the bottom was 160 and that's it.
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?
It is not Satoshi. It is BFL. And the dumping is taking place due to a court order to refund people's money...
http://www.reddit.com/r/Bitcoin/comments/2sdwf8/butterfly_labs_is_the_culprit/
When you stop reading people saying they will buy a lot more if it hits $100, it will have hit bottom.
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?
I bought more yesterday, and again today. If it hits $100, I'm buying a lot more.
yes, within a week or so.
haven't you sold yet ? do it now!
haven't you sold yet ?
do it now!
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.
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