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Topic: Bitcoin will never reach $20 again - page 4. (Read 40347 times)

sr. member
Activity: 336
Merit: 250
December 14, 2015, 05:01:38 AM
Well I think you are so wrong and maybe you are just trolling too, but we won't see a 200 dollar worth of bitcoin I think.
And why even say that we if we go to the future, I bet that bitcoin will increase even more.
hero member
Activity: 1148
Merit: 527
December 14, 2015, 12:36:00 AM
OP, you missed two extra zeros, the price will not reach of course $20, unless it crashes totally and the price will go up to $0

The OP was a long, long time ago! They were incorrect - price did reach $20 again, back in 2013.
I hope that the price will not reached ever the price of $20 again, i am optimistic that the price will reach by $500 this month.

lol of course the price bitcoin will never touch the $ 20 again it was just a joke. $500 at the end of the year I am very confident.

Why we need to bother about $20, there are no possibilities for $200 itself for any more.
Bitcoin never sustained below $200 in 2015. Same way there will not be any chances for testing of below $300 levels also, not possible with up coming events. We are moving forward for a new historic high prices. Wait and enjoy.
hero member
Activity: 714
Merit: 500
Me, myself and I
December 13, 2015, 11:43:19 PM
OP, you missed two extra zeros, the price will not reach of course $20, unless it crashes totally and the price will go up to $0

The OP was a long, long time ago! They were incorrect - price did reach $20 again, back in 2013.
I hope that the price will not reached ever the price of $20 again, i am optimistic that the price will reach by $500 this month.

lol of course the price bitcoin will never touch the $ 20 again it was just a joke. $500 at the end of the year I am very confident.
Hope your prediction is coming true, we need to carefully because too many people talk price will touch $500.
legendary
Activity: 1960
Merit: 1026
December 13, 2015, 04:11:29 AM
OP, you missed two extra zeros, the price will not reach of course $20, unless it crashes totally and the price will go up to $0

The OP was a long, long time ago! They were incorrect - price did reach $20 again, back in 2013.
I hope that the price will not reached ever the price of $20 again, i am optimistic that the price will reach by $500 this month.

lol of course the price bitcoin will never touch the $ 20 again it was just a joke. $500 at the end of the year I am very confident.
legendary
Activity: 1232
Merit: 1091
December 12, 2015, 10:58:29 AM
yeah Bitcoin will never reach $20 again, if this happens I think this is the destruction of bitcoin.

Not necessarily. It could also be caused by a flash crash on an exchange with a very thin order book. That's why people tend to place buy orders on various very low price levels. If something like a flash crash will happen, then they hugely benefit from it as the price will recover very fast after that. It's easy profit. It only takes a very long time before a flash crash will push down the price to below $100 prices.

But flash crashes due to thin order books are something completely different than reaching 20 USD again. Reaching a value like that again, suggests stable trading in that range, not touching briefly by buying out all orders which is instantly fixed by buy orders shooting back to near the orignial value.

It's not realistic to expect the price to go down to $20, and it will most likely never happen anymore, unless Bitcoin gets replaced by something better, or simply because it failed. The flash crash scenario is realistic and can happen at any time.
legendary
Activity: 840
Merit: 1000
December 12, 2015, 07:55:22 AM
OP, you missed two extra zeros, the price will not reach of course $20, unless it crashes totally and the price will go up to $0

The OP was a long, long time ago! They were incorrect - price did reach $20 again, back in 2013.
I hope that the price will not reached ever the price of $20 again, i am optimistic that the price will reach by $500 this month.
legendary
Activity: 1946
Merit: 1007
December 12, 2015, 07:52:41 AM
yeah Bitcoin will never reach $20 again, if this happens I think this is the destruction of bitcoin.

Not necessarily. It could also be caused by a flash crash on an exchange with a very thin order book. That's why people tend to place buy orders on various very low price levels. If something like a flash crash will happen, then they hugely benefit from it as the price will recover very fast after that. It's easy profit. It only takes a very long time before a flash crash will push down the price to below $100 prices.

But flash crashes due to thin order books are something completely different than reaching 20 USD again. Reaching a value like that again, suggests stable trading in that range, not touching briefly by buying out all orders which is instantly fixed by buy orders shooting back to near the orignial value.
legendary
Activity: 1232
Merit: 1091
December 12, 2015, 07:43:11 AM
yeah Bitcoin will never reach $20 again, if this happens I think this is the destruction of bitcoin.

Not necessarily. It could also be caused by a flash crash on an exchange with a very thin order book. That's why people tend to place buy orders on various very low price levels. If something like a flash crash will happen, then they hugely benefit from it as the price will recover very fast after that. It's easy profit. It only takes a very long time before a flash crash will push down the price to below $100 prices.
hero member
Activity: 644
Merit: 503
December 12, 2015, 07:41:55 AM
OP, you missed two extra zeros, the price will not reach of course $20, unless it crashes totally and the price will go up to $0

The OP was a long, long time ago! They were incorrect - price did reach $20 again, back in 2013.
hero member
Activity: 644
Merit: 500
December 12, 2015, 07:38:01 AM
yeah Bitcoin will never reach $20 again, if this happens I think this is the destruction of bitcoin.

Why this kind of prediction dude. Actually bitcoin price is increasing day by day. today I saw the zigzag But now rate again pumping and moving to good value Now today 436$. Smiley. raising face only We can see no destruction and all.
legendary
Activity: 840
Merit: 1000
December 12, 2015, 07:01:20 AM
OP, you missed two extra zeros, the price will not reach of course $20, unless it crashes totally and the price will go up to $0
legendary
Activity: 1008
Merit: 1000
★YoBit.Net★ 350+ Coins Exchange & Dice
December 12, 2015, 06:47:58 AM
yeah Bitcoin will never reach $20 again, if this happens I think this is the destruction of bitcoin.

If the bitcoin price drops below $150 (the cost of efficient mining farms) for a few weeks, it mean the total destruction of bitcoin.

Not really, It just means more people would jump back onto the mining wagon since the difficulty will be much lower.
newbie
Activity: 70
Merit: 0
December 12, 2015, 06:44:28 AM
yeah Bitcoin will never reach $20 again, if this happens I think this is the destruction of bitcoin.

If the bitcoin price drops below $150 (the cost of efficient mining farms) for a few weeks, it mean the total destruction of bitcoin.
legendary
Activity: 1960
Merit: 1026
December 12, 2015, 06:41:31 AM
yeah Bitcoin will never reach $20 again, if this happens I think this is the destruction of bitcoin.
full member
Activity: 154
Merit: 100
December 12, 2015, 05:18:12 AM
really interesting thread. had a good time reading all the trolls  Grin Grin
jr. member
Activity: 171
Merit: 3
November 26, 2015, 04:42:14 AM
It depends on the order book depth. If somebody has thousands of bitocin, he can push the price down to $10. It might be sustainable though.
hero member
Activity: 644
Merit: 503
November 25, 2015, 07:59:44 AM
Whenever I see the word "NEVER," I immediately think "Holy shit, bitcoin WILL!" We WILL see $20 again, thanks to the these dipshits who post dipshit things like this.

And you're right - we did see $20 again. I hope the OP bought back in sometime between their July 2011 post and February 2013, when we saw 20 again.
legendary
Activity: 1036
Merit: 1000
November 25, 2015, 07:46:39 AM
Whenever I see the word "NEVER," I immediately think "Holy shit, bitcoin WILL!" We WILL see $20 again, thanks to the these dipshits who post dipshit things like this.
legendary
Activity: 1498
Merit: 1030
November 25, 2015, 04:59:24 AM
Ack!
Ick!
Necro Zombie Thread Ressurection!

 Heck with the barbie guns, give me an M60 so I can KILL IT DEAD!

 9-)
hero member
Activity: 644
Merit: 503
November 25, 2015, 04:09:07 AM
Bitcoin came to $20?  Huh

When and how did this happen?

January 2011 (first time) and February 2013 (the "again" that the title suggested would never occur). This is a very old thread.
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