Not gonna happen IMO.
We'll probably see another dip at 1000$ ... seems like a psychological barrier.
But it's straight up from there ... the limit? who knows...
I'm holding for now.
The more I watch this, the more I think there is no bubble.
Topic: Chances of $150 again - page 2. (Read 13498 times)
not gonna happens, instead we will hit 10k in one years or less at max.
Bitcoin will drop hard because it'is just a speculative bubble. It won't be money. For a comparison, look at Second Life.
Noone will eat caviar because it's just fish eggs. It won't be food. For a comparison, look at dog crap. Nobody eats dog crap.
See, my argument making is just as strong as yours if not stronger! And you really need to read a little about why caviar is tastier than dog crap.
Bitcoin will drop hard because it'is just a speculative bubble. It won't be money. For a comparison, look at Second Life. There was a media buzz around new virtual worlds such as Second life. The speed of its decline has been monumental. I am sure that someone will invent a new way to make easy money and this will be the new buzz on the Internet...
^ Even dropping is double digits will be extremely hard. By now, there are too many investors and believers in bitcoin. The more it drops, the more people will just buy it up to hoard more for the rebound.
The recent runup has changed my view a bit. I no longer view a drop to single digits as possible (unless the Bitcoin protocol is compromised). Double digits is still likely when the rally runs out of steam. The marketplace hasn't really changed at all from the last time we were at $100.
it could drop 16x so back to $60, as it went from $32 to $2
It could, but that was in a different era. Adoption is far superior to where it was back then. Extremely unlikely today.
You confuse "adoption" with "exuberance"
...and what do you know about that "era"?
You weren't here yet.
You think we'll ever see $150/coin again?
No I do not think we can see $150 and less again. I'm NOT SURE but there are odds < 0.000000001% ( almost ZERO ) than I'm wrong.
Arbitrary number, pulled from ass
let's not talk about what can happen, because that is "anything and everything." let's talk about what's more likely..
it likely will not drop below $400 at this point... at least in my opinion.
it likely will not drop below $400 at this point... at least in my opinion.
it could drop 16x so back to $60, as it went from $32 to $2
Yes, but this would require about 200k coins to be dumped into Gox, and a lot more into the whole market.
The 32$ to 2$ bear market took several months. It seems unlikely to happen again. But a drop to 300$-ish is plausible.
The FBI is going to drop all their coins on gox.
That's illegal until after they have complied with all due process requirements with regards to this individual and their prosecution of him. In other words, possibly, but that will be years from now.
it could drop 16x so back to $60, as it went from $32 to $2
Yes, but this would require about 200k coins to be dumped into Gox, and a lot more into the whole market.
The 32$ to 2$ bear market took several months. It seems unlikely to happen again. But a drop to 300$-ish is plausible.
The FBI is going to drop all their coins on gox.
You think we'll ever see $150/coin again?
No I do not think we can see $150 and less again. I'm NOT SURE but there are odds < 0.000000001% ( almost ZERO ) than I'm wrong.
it could drop 16x so back to $60, as it went from $32 to $2
Yes, but this would require about 200k coins to be dumped into Gox, and a lot more into the whole market.
The 32$ to 2$ bear market took several months. It seems unlikely to happen again. But a drop to 300$-ish is plausible.
it could drop 16x so back to $60, as it went from $32 to $2
It could, but that was in a different era. Adoption is far superior to where it was back then. Extremely unlikely today.
but still possible: what could happen if, let's say btcchina gets hacked?
Never live in the past. What does your heart tell you TODAY?
This post was made in the past ~.~
Back when I made this post it was like $200, not $1000!
it could drop 16x so back to $60, as it went from $32 to $2
It could, but that was in a different era. Adoption is far superior to where it was back then. Extremely unlikely today.
it could drop 16x so back to $60, as it went from $32 to $2
And here I thought someone was reviving this thread to laugh, not agree with it...
Hopefully it's obvious now that we're never going back to $150...
Pretty amazing that this thread started just over a month ago (and Bitcoin was at $150 just six weeks ago), yet already $150 Bitcoin seems impossibly low. Hopefully it's obvious now that we're never going back to $150...
And here I thought someone was reviving this thread to laugh, not agree with it...
Hopefully it's obvious now that we're never going back to $150...
Hopefully it's obvious now that we're never going back to $150...
Never live in the past. What does your heart tell you TODAY?
im gonna say 350-400 is the floor.. BTC is a lot more stable now than it was in april, and even then it only crashed to about $80 after starting out at $12 or so.
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