BTC Price going back to $250??? - page 7.

romero121

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Quote from: randy8777 on March 27, 2016, 05:54:37 AM

Quote from: romero121 on March 27, 2016, 05:46:05 AM

Quote from: glerand on March 27, 2016, 01:45:23 AM

Quote from: Documan on March 08, 2016, 02:36:33 AM

The cost of mining is about $250 for many big farms. For most home miners, the mining cost will be around $300. So the price will not drop too low.

The bottom of the recent trading is around $400. So I think it will not go back to $250 in the short term.

Yeah, the bottom won't go to the lowest of $250 as for a long time it has not went down to $385.

the mike hearn drama made the price fall to just over the $350 price level, and that's still the bottom for this year.

Yeah truly that might be a reason for the price to be around $350, but now users were aware about those statements won't make any changes anymore.

DashCoinDark

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Quote from: Yaunfitda on April 04, 2016, 01:41:20 PM

Quote from: bankingbtc on March 27, 2016, 01:20:37 PM

Quote from: Blawpaw on November 06, 2015, 01:48:00 PM

I see a lot of people saying we probably will see the previous prices. Now that the BTC price rise lost steam it is going down again. Do you think BTC Price will go back to $250???

price falls down now but because of dump i think, like always, pump and dump, i don't think that it will create a huge panic wave so price would fall to 250$ or even less, people won't be so dump and they won't sell their coins now

I think the price is quite stable. If it drops 2-5%, or rise several percent, there is no need to worry the price action.

Indeed, it is not going that low now around this time, you can see that the value is now stable enough to rise and that is good for people who already have Bitcoin they are waiting a long time.
The halving is also coming and the most are hoping that it will increase after the halving but we have to see.

Jitmad

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The short term bottom of the bitcoin price is around $400. If the price rises to $500 in the next few months, then the $400 will be long term bottom.

rektDude

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The price will not be that low now, you can see that the value is now quite stable and that is good enough to wait later for a good price increase.
But the most people are of course hoping that the value will rise in the future so they can sell it with a huge profit.

richardsNY

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Quote from: bit1 on March 27, 2016, 12:52:40 PM

Quote from: Documan on March 08, 2016, 02:36:33 AM

The cost of mining is about $250 for many big farms. For most home miners, the mining cost will be around $300. So the price will not drop too low.

Really? The mining hardware is very expensive and soon becomes obsolete even get ROI it seems difficult.

All small miners buying equipment will most likely never ROI as they just buy one piece of hardware and that's it. Huge farms can just continue with adding new hardware if the previous gear gets older. That allows them to keep getting a stable income from mining. And that's the real difference.

Yaunfitda

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Quote from: bankingbtc on March 27, 2016, 01:20:37 PM

Quote from: Blawpaw on November 06, 2015, 01:48:00 PM

I see a lot of people saying we probably will see the previous prices. Now that the BTC price rise lost steam it is going down again. Do you think BTC Price will go back to $250???

price falls down now but because of dump i think, like always, pump and dump, i don't think that it will create a huge panic wave so price would fall to 250$ or even less, people won't be so dump and they won't sell their coins now

I think the price is quite stable. If it drops 2-5%, or rise several percent, there is no need to worry the price action.

bankingbtc

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Quote from: Blawpaw on November 06, 2015, 01:48:00 PM

I see a lot of people saying we probably will see the previous prices. Now that the BTC price rise lost steam it is going down again. Do you think BTC Price will go back to $250???

price falls down now but because of dump i think, like always, pump and dump, i don't think that it will create a huge panic wave so price would fall to 250$ or even less, people won't be so dump and they won't sell their coins now

bit1

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Quote from: Documan on March 08, 2016, 02:36:33 AM

The cost of mining is about $250 for many big farms. For most home miners, the mining cost will be around $300. So the price will not drop too low.

Really? The mining hardware is very expensive and soon becomes obsolete even get ROI it seems difficult.

vero

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Quote from: glerand on March 27, 2016, 01:45:23 AM

Quote from: Documan on March 08, 2016, 02:36:33 AM

The cost of mining is about $250 for many big farms. For most home miners, the mining cost will be around $300. So the price will not drop too low.

The bottom of the recent trading is around $400. So I think it will not go back to $250 in the short term.

yes back to $250 is impossible and i don't think $400 is a new bottom and maybe price will go down back to $350.

randy8777

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Quote from: romero121 on March 27, 2016, 05:46:05 AM

Quote from: glerand on March 27, 2016, 01:45:23 AM

Quote from: Documan on March 08, 2016, 02:36:33 AM

The cost of mining is about $250 for many big farms. For most home miners, the mining cost will be around $300. So the price will not drop too low.

The bottom of the recent trading is around $400. So I think it will not go back to $250 in the short term.

Yeah, the bottom won't go to the lowest of $250 as for a long time it has not went down to $385.

the mike hearn drama made the price fall to just over the $350 price level, and that's still the bottom for this year.

romero121

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Quote from: glerand on March 27, 2016, 01:45:23 AM

Quote from: Documan on March 08, 2016, 02:36:33 AM

The cost of mining is about $250 for many big farms. For most home miners, the mining cost will be around $300. So the price will not drop too low.

The bottom of the recent trading is around $400. So I think it will not go back to $250 in the short term.

Yeah, the bottom won't go to the lowest of $250 as for a long time it has not went down to $385.

glerand

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Quote from: Documan on March 08, 2016, 02:36:33 AM

The cost of mining is about $250 for many big farms. For most home miners, the mining cost will be around $300. So the price will not drop too low.

The bottom of the recent trading is around $400. So I think it will not go back to $250 in the short term.

Documan

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The cost of mining is about $250 for many big farms. For most home miners, the mining cost will be around $300. So the price will not drop too low.

Nemesis099

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Quote from: Nimbulan on March 01, 2016, 10:32:29 AM

No, it won't drop so low anytime soon, price it's 437$ now, and i don't see a reason why it should drop so low,also if price would be so low it will be bad year for bitcoin because it will drop even lower then

Yeah, but I don't think it will fall that low in next couple of months, at least till halving is not possible, but maybe after halving we can expect that price might fall down.

Amph

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Quote from: Jitmad on March 01, 2016, 09:18:57 AM

Quote from: Ris88 on February 27, 2016, 02:44:47 PM

My prediction BTC stalled at $ 300

Do you mean the bottom of the bitcoin will be $300? I also think so. The $300 is the mining cost of many home miners.

home miners don't count anythign big farm are the backbone of the network, and they can mine even at 200 with the current diff

this does not mean that the price will decrese to 200, the new floor is on 350 right now, and probably 400 soon, if not already

Nimbulan

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No, it won't drop so low anytime soon, price it's 437$ now, and i don't see a reason why it should drop so low,also if price would be so low it will be bad year for bitcoin because it will drop even lower then

Jitmad

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Quote from: Ris88 on February 27, 2016, 02:44:47 PM

My prediction BTC stalled at $ 300

Do you mean the bottom of the bitcoin will be $300? I also think so. The $300 is the mining cost of many home miners.

Ris88

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My prediction BTC stalled at $ 300

jt byte

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We all have seen the price going back to 360 and before to 330.
So we have settle around a safe border around 330 dollars.

IF the price would go back to 250 dollar it could potentially even go back to 200 dollar again.
I honestly don't see this happening.

sishendaoye

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Quote from: Mitchow on February 27, 2016, 07:25:22 AM

Quote from: diegz on February 27, 2016, 04:09:22 AM

Quote from: HenryK on February 26, 2016, 10:06:29 PM

I think the price will not return to 200 again as the trend passed these levels already.

Just wait to reach the moon Grin

There is still a possibility,if price would fell that low, there would be a great effect in the community...panic selling might happen again if price fall to that low...

No, that is impossible at a moment, price will never go that low at a moment, price is rising at a moment and it will continue to go higher in the next couple of months.

Yeah there is a lot of buy pressure now. In my belief the new low is around 300 dollars.
Which is very good, since last year the low was around 200 dollars.

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