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Topic: Damn, any day this should pop below $300 - page 2. (Read 4720 times)

hero member
Activity: 602
Merit: 500
January 03, 2015, 08:04:46 AM
#70
It's going to be a slow move downward, slower as the price decreases. It will take some time before we hold below $300 for even a day.

I think $200 will come fairly quicker than you think once it stays in the $2XX range for a day.

I see the interest in bitcoin weakening, it had its time in the spotlight.

Now I see a bunch of clowns talking about unsustainable high prices, trying to get people to tell other people about it, really just a get rich scam now for people who came in late and think bitcoin will somehow just shoot up again to ridiculous numbers.

Basically it had its shot to be accepted mainstream and it failed. I personally also didn't like using it that much because of the security threats and the very slow transfer times. Basically the more I used bitcoin the more I came to understand just how well fiat currencies work and allow you to diversify into other things like stocks, real estate, etc.

But this is just my opinion here.
legendary
Activity: 3276
Merit: 2442
January 03, 2015, 07:34:04 AM
#69
Below 300 isn't possible guys c'mon now!

Well it happened at last. It didn't tricked the panic like i precticted but it also may be too early to know that.

legendary
Activity: 2576
Merit: 1087
January 03, 2015, 07:32:29 AM
#68
This is it guys sell sell sell, your last chance to be a part of history Wink
legendary
Activity: 1274
Merit: 1000
The Golden Rule Rules
January 03, 2015, 07:27:18 AM
#67
Below 300 isn't possible guys c'mon now!


Below 300 isn't possible guys c'mon now!

we're pretty close to equilibrium though.  this is like the new $100
hero member
Activity: 767
Merit: 532
January 03, 2015, 07:21:58 AM
#66
Below 300 isn't possible guys c'mon now!


Below 300 isn't possible guys c'mon now!
donator
Activity: 1736
Merit: 1014
Let's talk governance, lipstick, and pigs.
January 03, 2015, 07:15:20 AM
#65
Someone is dumping.
hero member
Activity: 602
Merit: 500
January 03, 2015, 01:17:11 AM
#64
All the signs are looking good for a drop lower. Volume is getting lower, price has tried to go higher a few times without any success. I think any day now or even any hour the price will break below $300.




full member
Activity: 346
Merit: 102
January 03, 2015, 01:13:08 AM
#63
Below 300 isn't possible guys c'mon now!
We are very close to $300 now, bitfinex is at $309.5 and btc-e is at 307.14. There appears to be a lot of support at the 310 level so if it stays below 310 for long then it will likely fall another ~10% or so
legendary
Activity: 1260
Merit: 1116
January 03, 2015, 12:57:43 AM
#62
I don't think it will drop much more today. what we need is newbies with sparkling eyes and wanting to be rich quickly to pump bitcoin.

The pump is broken. The dump is the path of least resistance and it will continue
sr. member
Activity: 294
Merit: 250
January 03, 2015, 12:47:02 AM
#61
I don't think it will drop much more today. what we need is newbies with sparkling eyes and wanting to be rich quickly to pump bitcoin.
legendary
Activity: 1260
Merit: 1116
January 01, 2015, 09:01:20 PM
#60
If it goes below $300, the amount of dollars flowing into Bitcoin will be huge.
Lot of money bags are waiting in the wings.

Like lambs to the slaughter. Sad fact
legendary
Activity: 1582
Merit: 1064
January 01, 2015, 08:59:35 PM
#59
If it goes below $300, the amount of dollars flowing into Bitcoin will be huge.
Lot of money bags are waiting in the wings.
legendary
Activity: 1260
Merit: 1116
December 31, 2014, 08:45:19 PM
#58
Below 300 isn't possible guys c'mon now!

So close. We all know it's going to happen. No greater fools left here, brother
full member
Activity: 126
Merit: 100
December 31, 2014, 08:42:23 PM
#57
Below 300 isn't possible guys c'mon now!
hero member
Activity: 616
Merit: 500
I got Satoshi's avatar!
sr. member
Activity: 406
Merit: 250
AltoCenter.com
December 30, 2014, 10:49:20 PM
#55
well it's close to $300 mark all year, but ever below.
legendary
Activity: 1260
Merit: 1116
December 30, 2014, 08:04:15 PM
#54
We need a bearwhale to get below 300.

I nominate cbeast to be our new bearwhale. Anybody second that?
legendary
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
December 30, 2014, 08:03:19 PM
#53
go to google trends
people are about as interested in bitcoin as they  are in creepypastas (short horrorstories written by amateur teenage writers).
/snip

Funny you should bring something like that up. Right now my wallet is stuffed with gift cards, from the holiday season, and I can barely close it. That got me to thinking about bitcoin. "What makes these cards so successful and not bitcoin?" and then followed by "Well how successful is the gift card industry?" The google reports that the gift card industry is a 110B USD a year industry. That really pales in comparison to Bitcoins 5B market cap I thought. Maybe my logic is faulty but that kinda put things in perspective for me.

giftcards are much more accessible, easy to handle and understand.

110B a year industry?
Pales in comparison to bitcoin?
Excuse me?
If people would buy bitcoin for 110B each year the marketcap would be many billion already. You're making a logical mistake comparing (bitcoin)marketcap to (giftcard)tradevolume or is it giftcard-profit that is made during the year? Really i can't see a lot of sense in the numbers. One thing is certain: Average Joe is much, much more likely to buy a giftcard as a present than he is to buy bitcoin. Giftcard industry is really much bigger than crypto i assume.

Bitcoin doesn't make a good christmas present because nobody understands it or can handle it safely - giftcards are another story. They are easy to use and you don't loose money from holding them.

Giftcard scores 2 - Bitcoin scores 0

"Nobody" understands Bitcoin .....lol

Such an absolute statement.  Roll Eyes
legendary
Activity: 1722
Merit: 1004
December 30, 2014, 08:01:07 PM
#52
...
Bitcoin doesn't make a good christmas present because nobody understands it or can handle it safely - giftcards are another story. They are easy to use and you don't loose money from holding them.



The people I gave Casascius coins to as gifts over the years very much disagree with your puerile and short-sighted "analysis".
full member
Activity: 616
Merit: 103
December 30, 2014, 07:56:49 PM
#51
go to google trends
people are about as interested in bitcoin as they  are in creepypastas (short horrorstories written by amateur teenage writers).
/snip

Funny you should bring something like that up. Right now my wallet is stuffed with gift cards, from the holiday season, and I can barely close it. That got me to thinking about bitcoin. "What makes these cards so successful and not bitcoin?" and then followed by "Well how successful is the gift card industry?" The google reports that the gift card industry is a 110B USD a year industry. That really pales in comparison to Bitcoins 5B market cap I thought. Maybe my logic is faulty but that kinda put things in perspective for me.

giftcards are much more accessible, easy to handle and understand.

110B a year industry?
Pales in comparison to bitcoin?
Excuse me?
If people would buy bitcoin for 110B each year the marketcap would be many billion already. You're making a logical mistake comparing (bitcoin)marketcap to (giftcard)tradevolume or is it giftcard-profit that is made during the year? Really i can't see a lot of sense in the numbers. One thing is certain: Average Joe is much, much more likely to buy a giftcard as a present than he is to buy bitcoin. Giftcard industry is really much bigger than crypto i assume.

Bitcoin doesn't make a good christmas present because nobody understands it or can handle it safely - giftcards are another story. They are easy to use and you don't loose money from holding them.

Giftcard scores 2 - Bitcoin scores 0
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