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Topic: Bitcoin will plummet to $10 by first half of 2014 - page 23. (Read 50126 times)

full member
Activity: 196
Merit: 100
If Only!

Id buy a bucket load   Cheesy
sr. member
Activity: 308
Merit: 250
$10 is just not realistic.... Who would sell 1 BTC for $10? At that point you might as well just keep it.  Cheesy

gox shuts down = bitcoin's main & historical exchange default = thousands of customers scammed = worldwide mistrust toward bitcoin = panic = sell sell sell Cheesy

and ..... Gox is solvent again.

They paid up?

Unlikely. They have the highest prices of any exchange and have backlogs of months. It's gonna take quite some time to clear things up.
full member
Activity: 532
Merit: 102
Max, you Know Max Keiser said some  Economist (I don't remember the name) said that Btc could become 10% of the forx and,  wait for it, could, Maybe go to 100k or even 1mil. per coin.  that was a week or so ago on AJ show. only time will tell.  

 Is the $10. guy selling a Book on the back of BTC?  Roll Eyes  
legendary
Activity: 2912
Merit: 1060
$10 is just not realistic.... Who would sell 1 BTC for $10? At that point you might as well just keep it.  Cheesy

gox shuts down = bitcoin's main & historical exchange default = thousands of customers scammed = worldwide mistrust toward bitcoin = panic = sell sell sell Cheesy

and ..... Gox is solvent again.

They paid up?
hero member
Activity: 714
Merit: 503
$10 is just not realistic.... Who would sell 1 BTC for $10? At that point you might as well just keep it.  Cheesy

Not sure, but I'd buy a couple grand worth at least.
legendary
Activity: 1372
Merit: 1000
$10 is just not realistic.... Who would sell 1 BTC for $10? At that point you might as well just keep it.  Cheesy

gox shuts down = bitcoin's main & historical exchange default = thousands of customers scammed = worldwide mistrust toward bitcoin = panic = sell sell sell Cheesy

and ..... Gox is solvent again.
sr. member
Activity: 346
Merit: 250
$10 is just not realistic.... Who would sell 1 BTC for $10? At that point you might as well just keep it.  Cheesy

gox shuts down = bitcoin's main & historical exchange default = thousands of customers scammed = worldwide mistrust toward bitcoin = panic = sell sell sell Cheesy
legendary
Activity: 2062
Merit: 1035
Fill Your Barrel with Bitcoins!
$10 is just not realistic.... Who would sell 1 BTC for $10? At that point you might as well just keep it.  Cheesy
sr. member
Activity: 346
Merit: 250
$10 by mid 2014 sure sounds sexy as a headline and it's effective click bait for ad revenue, but does the article's author actually believe this scenario is likely or even plausible?  I consider myself a realist and think there are many things wrong with bitcoin and the way it's used just as much as I think there are other areas where it's brilliant.  But $10 in a few months time?  Come on...

well considering that Gox might shut down.. who knows Grin
hero member
Activity: 728
Merit: 500
haha.. he doesn't know the meme-ing of bitcoin..
legendary
Activity: 1692
Merit: 1018
$10 by mid 2014 sure sounds sexy as a headline and it's effective click bait for ad revenue, but does the article's author actually believe this scenario is likely or even plausible?  I consider myself a realist and think there are many things wrong with bitcoin and the way it's used just as much as I think there are other areas where it's brilliant.  But $10 in a few months time?  Come on...
newbie
Activity: 5
Merit: 0
legendary
Activity: 2632
Merit: 1023
Quote
Bitcoin is just backed by dreams and it is “only worth what people are willing to pay”
everything worth what people is willing to pay, even the fking dollar! economy 101!!! bitcoins are no different from money or gold except for the physical thing

And that is why bitcoin is like any other currency, and Why i think it will succeed, as long as people still want to buy it.

no everything is worth what people *can* pay for it and this is limited by state money supply.... until now....!
legendary
Activity: 2632
Merit: 1023
we can only dream of such things, can you imagine the amount of cash that would flood into buy!!!
newbie
Activity: 56
Merit: 0
Quote
Bitcoin is just backed by dreams and it is “only worth what people are willing to pay”
everything worth what people is willing to pay, even the fking dollar! economy 101!!! bitcoins are no different from money or gold except for the physical thing

And that is why bitcoin is like any other currency, and Why i think it will succeed, as long as people still want to buy it.
newbie
Activity: 58
Merit: 0
Quote
Bitcoin is just backed by dreams and it is “only worth what people are willing to pay”
everything worth what people is willing to pay, even the fking dollar! economy 101!!! bitcoins are no different from money or gold except for the physical thing
legendary
Activity: 2884
Merit: 1115
Leading Crypto Sports Betting & Casino Platform
If the author really thinks that, he should be shorting bitcoins then. I bet he isn't. Writing is less risky.

Long shorts are dangerous though  Grin
legendary
Activity: 938
Merit: 1000
don't think so....
legendary
Activity: 1199
Merit: 1047
If the author really thinks that, he should be shorting bitcoins then. I bet he isn't. Writing is less risky.
sr. member
Activity: 336
Merit: 250
I think there are unofficial market makers in town.

Price volatility has/is going to be much lower ...... assuming it isnt outlawed etc... they can only do so much.
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